Search Results for: India

BY SWINEETHA DIAS WICKRAMANAYAKA
A DECISION by the Indian government that domestic flight groundhandling should be handled only by Air India, Indian Airlines and the Airports Authority of India has proved difficult to implement and so a New Delhi deadline of July 1 has been missed, Indian press reports have claimed.…

BY RICHARD HURST
THE SOUTH African tobacco sector is surviving despite the unfavourable conditions imposed by its government and an increasingly hostile marketing environment. Nonetheless, the industry contributes Rand 5.5 billion in excise and tax to the government exchequer, equivalent to a quarter of the nation’s health care expenditure.…

BY SWINEETHA DIAS WICKRAMANAYAKA
CEYLON Chocolated Ltd, Sri Lanka’s dominant chocolate company, is launching its premier brand Kandos and its latest introduction Newgen into south India. The company has invested SLRupees 150 million in its production centre at the city of Kandy.…

BY SWINEETHA DIAS WICKRAMANAYAKA
INDIAN scientists have developed a test to detect Bt genes in genetically modified cotton plants, because of concerns about the sale of fake Bt seeds. The Indian Council of Agricultural Research said its test would help quality assurance programmes, including large-scale screening.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation (IFC) of the World Bank is lending US$17.5 million in INDRupees to Indian textile company Alok Industries Ltd, allowing the Mumbai (Bombay)-based company to expand and modernise its knitting facilities and meet growing demand from domestic and international customers.…

BY SWINEETHA DIAS WICKRAMANAYAKA
THE INDIAN government says that it has received a healthy response to the call from its Ministry of Coal and Mines for state (regional) government companies to undertake regular coal and lignite mining. The New Delhi department says that not only have a number of state administrations have since applied for the right to mine blocks of virgin coal deposits, but applications have been received from private mining companies acting as a lead partner in joint ventures with these regional governments.…

BY SWINEETHA DIAS WICKRAMANAYAKA
PENGUIN India has reported huge sales of the Order of the Phoenix, with 60,000 sales being distributed around the country and another 40,000 being sent out to booksellers next week. “Sales have been phenomenal, especially in the south and west regions,” marketing manager Thomas Abraham told the Hindustan Times.…

BY KEITH NUTHALL
THE INTERNATIONAL Finance Corporation of the World Bank is lending US$17.5 million in INDRupees to Indian textile company Alok Industries Ltd, allowing the Mumbai (Bombay)-based company to expand and modernise its facilities and meet growing demand from domestic and international customers.…

BY KEITH NUTHALL
THE EUROPEAN Commission has signed an international charter on the capture and storage deep underground of carbon dioxide, also involving Australia, Brazil, Canada, Colombia, Italy, India, Japan, Mexico, Norway, China, Russia, Britain and the US. This Sequestration Leadership Forum is developing schemes to capturing CO2 at source and storing it for thousands of years deep underground, probably in depleted oil and gas wells, with the aim of reducing greenhouse gas emissions.…

BY SWINEETHA DIAS WICKRAMANAYAKA
INDIA’S largest zinc and lead producer Hindustan Zinc Ltd (HZL) is planning to increase the annual capacity of its smelter in Chanderiya, Rajasthan, by 100,000 tonnes, up from its existing 70,000 tonnes per annum production.

Industry sources have been quoted in the Indian press saying that HZL has already raised US$75 million from overseas markets to finance the expansion, with the remainder being secured from Indian banks and lenders.…