Vol XXXVI (No. 11), 21 Nov 2008  

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161. China's Economy Growing at Fastest Pace in 11 Years
MIL/Agencies    Jan 25, 2007    Author: Daniel Schearf

Beijing, January 25, 2007 - China says its economy grew by 2.7 percent in 2006, the fastest pace in 11 years. The record growth suggests Beijing's efforts to slow down the economy have not had much effect. Daniel Schearf reports from Beijing.

162. Maruti launches two diesel versions of swift
MIL/Agencies    Jan 24, 2007    Author:

January 24, 2007- Car market leader Maruti Udyog Ltd on Wednesday launched two variants of the diesel version of its premium hatchback 'Swift'.

163. Decks cleared for Indo-Russian production of fighter aircraft
MIL/Agencies/PTI/Hindu    Jan 24, 2007    Author:

New Delhi, January 24, 207 - Decks were today cleared for India to jointly develop and produce the fifth generation figher aircraft with Russia, with New Delhi making the "final choice" on the matter and Moscow saying the work on signing contracts on the deal could begin soon as per PTI.

164. ONGC, Reliance jointly eye Iraq oil field
MIL/Agencies    Dec 26, 2006    Author:

New Delhi, December 26, 2006 - State-run Oil and Natural Gas Corp. (ONGC) and its private competitor Reliance Industries Ltd. (RIL) are in talks to jointly develop Tuba oil field in southern Iraq, top ONGC officials said on Tuesday.

165. Industrial output slows to 6.2% in Oct
MIL/Agencies/Business standard    Dec 12, 2006    Author:

New Delhi, December 12, 2006 - The country's industrial output growth slowed to 6.2% in October 2006, the lowest this fiscal, on account of a slowdown in manufacturing production.

166. D-Street bleeds, Sensex sheds about 500 pts
MIL/Agencies    Dec 11, 2006    Author:

December 11, 2006 - The stockmarket plunged further in early afternoon trade on Monday led by ICICI Bank and State Bank of India after the Reserve Bank of India tightened monetary policy while Tata Steel dropped on its raised bid for Anglo-Dutch steel maker Corus.

167. Reserve Bank of India to announce steps on Rupee full float
MIL/Hindu/Agencies    Mar 20, 2006    Author:

New Delhi - With Prime Minister Manmohan Singh favoring full float of the Rupee, Finance Minister P Chidambaram today said the government and RBI would announce steps in the next few days on capital account convertibility of the Indian currency.

168. Suzuki Shares Rise to Record level
MIL/Agencies    Mar 7, 2006    Author:

Bloomberg - Shares of Suzuki Motor Corp. rose 3 percent to a record after Japan's biggest minicar maker bought 17 percent of its own stock from General Motors Corp. and headed off a sale of the stake in the market.

169. India clears regional free trade for 7 countries
MIL/Agencies    Dec 30, 2005    Author:

Finance Minister P Chidambaram made the announcement in the national capital Delhi today that India has cleared its trade pact that will facilitate free trade, reduce tariffs and build up economic ties among the South Asian countries.

170. Strike leaves Boeing production up in air
MIL/CT    Sep 3, 2005    Author:

As per Susan Diesenhouse of Chicago Tribune, Chicago-based Boeing Co., flooded with orders for its 787 Dreamliner commercial jet, now must navigate a potentially crippling work stoppage.

171. TCS, IBM, Infosys get 5 year deal with ABN Amro
MIL/Sify.com    Sep 1, 2005    Author:

Amsterdam - According to Sify.com, Tata Consultancy Services, International Business Machines Corp and three other companies won a $ 2.22 billion order from ABN Amro Holdings NV to maintain and upgrade its global information technology network

172. US may release oil from SPR
MIL/Reuters    Aug 31, 2005    Author:

New York - According to Reuters, the Bush administration will release oil from the country's Strategic Petroleum Reserve to offset production losses in the Gulf of Mexico due to Hurricane Katrina, the Energy Department said on Wednesday.

173. India’s Foreign Exchange exceeds $129-billion mark
MIL/Agencies    Feb 6, 2005    Author: RBI release

Mumbai: The country's foreign exchange reserves rose $129-billion mark during the week ended February 5 with an increase of $291 million.

174. IBM puts up its PC business for sale
MIL    Dec 4, 2004    Author: Special Correspondent

San Francisco - It is reported that IBM is to sell its personal computer business in a deal that could be worth up to $2 billion and would cap a gradual withdrawal from the business it helped to pioneer in 1981.

175. British Airlines to operate extra flights to India
MIL    Nov 13, 2004    Author: Special Correspondent

London – British Aviation Regulator (AAR), a quasi-judicial tribunal that regulates airline operation in Britain, is expecting an allotment of 21 extra flights to India, one of the highly profitable route for them. There are two more major companies involved in this operation, they are Virgin Atlantic and BMI British Midland.

176. Are successful people not made in India?
MIL    Oct 27, 2004    Author: Priyanka Srivastava

Steel baron Lakshmi Mittal’s story shows how Indian flourish abroad but not in India.

177. UK’s insurance major to outsource 1,100 jobs to India
MIL    Oct 12, 2004    Author: Our Reporter

UK’s insurance major Royal & Sun Alliance (RSA) announced that it would shift as many as 1,100 jobs from Britain to India in the next two years.

178. Oil prices continue to increase
MIL    Sep 17, 2004    Author: Abdul Malik

Washington: Oil prices continued to increase for the second consecutive day amid the fears about the loss of production and possible damage from Hurricane Ivan, which passed just east of most of Gulf of Mexico production platforms. "We've really not heard of any refineries in that area reporting any problems" and several were already being restarted, said Tom Bentz of BNP Paribas Futures.

179. U.S. Service-Sectors slow down to a 2004 Low
MIL    Sep 4, 2004    Author: Special Reporter

Washington - According to an Industry survey published on Friday, the growth in service sector in United States has slowed down in August. Carl Tannenbaum, Chief Economist at LaSalle Bank in Chicago said, "The I.S.M. services number is another sign that the soft patch that took hold during the summer is threatening the third and fourth quarters."

180. British Airways promise to cope with the Bank Holiday rush
MIL    Aug 28, 2004    Author: Special Report

London –British Airways cancelled six more flights today but they promised to make up with the week end rush due to Bank Holiday. They say that there are certain technical difficulties apart from staff shortage which compelled them to cancel three return domestic flights from Heathrow Airport, i.e., to Aberdeen, Glasgow and Manchester. However, passengers were accommodated in the later flights.

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