Search Results for: India

BY MARK ROWE
BUMI Resources, Indonesia’s largest coal producer, has set a target of increasing coal output by 40 per cent this year. In a move that the company says is aimed to capitalise on an increase in global coal prices that may rise by as much as 20 per cent, Bumi says it plans to produce around 43 million tons, up from 30.6 million last year.…

BY SWINEETHA DIAS WICKRAMANAYAKE
INDIA’S civil aviation minister Rajiv Pratap Rudy has told the Indian parliament that southern India airports will be made, while plans to upgrade the terminals at Mumbai (Bombay) and Delhi are delayed. Rudy said extension and resurfacing work at Hyderabad airport would be completed next June and the development of Andhra Pradesh’s Visakhapatnam airport would finish by September 2005.…

BY ALAN OSBORN
THE EUROPEAN Union (EU) has lost patience with India over that country’s anti-dumping policies and has launched disputes proceedings at the World Trade Organisation on the matter. The European Commission says EU exporters have lost around Euro 70 million in exports, notably in the vitamin sector of the pharmaceutical industry, “but even more important is that India is misusing the anti-dumping instrument to prevent foreign firms from making a way into the Indian market,” it adds.…

BY KEITH NUTHALL
BP Solar USA has donated more than US$1 million’s worth of solar modules to BASE (the Basel Agency for Sustainable Energy), for rural and semi-rural areas of India where over 60 per cent of the population has no electricity.…

BY SWINEETHA DIAS WICKRAMANAYAKE
RUMOURS about possible deals involving Bata India with UK multinational Reebok and US retail giant WalMart have been pushing the Indian company’s stock price to high levels. Talk about Reebok focused on a possible partnership with Bata India to sell shoes in Bangladesh, while WalMart rumours suggested that the American company was looking at using the Indian shoemaker for an outsourcing contract.…

BY SWINEETHA DIAS WICKRAMANAYAKA
NESTLE India has entered the Indian flavoured milk market, launching itself its Fruit ‘n Milk line in Delhi, Mumbai (Bombay) and Pune. The product has mango and strawberry flavours, priced at IND Rupees 15 (US$0.31) for a 200 ml pack and is being manufactured for Nestle by Dynamix.…

BY SWINEETHA DIAS WICKRAMANAYKE
A NEW simplified excise registration document has been developed for India’s hand-rolled cheroot manufacturers by the country’s Department of Revenue. The move follows complaints from the industry about the complexity of dealing with existing excise administration. Cheroot manufacturers who have managed to register need not repeat the process, said the department.…

BY SWINEETHA DIAS WICKRAMANAYAKE
THE FALL-OUT over the discovery of worms in sample chocolates made by Cadbury India continues to damage the multi-national confectioner, with the Gujarat Co-operative Milk Marketing Federation placing advertising hoardings across Mumbai (Bombay) with the punchline Cadbura, (which suggests that Cadbury is ‘bad’).…

BY SWINEETHA DIAS WICKRAMANAYAKE
THE FALL-OUT over the discovery of worms in sample chocolates made by Cadbury India continues to damage the multi-national confectioner, with the Gujarat Co-operative Milk Marketing Federation placing advertising hoardings across Mumbai (Bombay) with the punchline Cadbura, (which suggests that Cadbury is ‘bad’).…

BY ALAN OSBORN
THE EUROPEAN Union (EU) is to act against India over that country’s anti dumping policies which it says have severely damaged European textile exporters. The

European Commission has formally requested consultations at the World Trade

Organisation on the matter, the first stage in disputes proceedings.…