epages News [Business Centres]

• Pesticide dispute not to deter FDI: Kamal Nath
• Nippon plans chain of shops
• CCS Infotech eyes South Africa market
• Software, ITES exports up 32 %
• Godrej to afford Rs. 500 crore on Jatropha
• India needs Rs. 14,89,500 cr for infrastructure
• BEML opens outlet in Hyderabad
• Parliament House declared a No-Smoking Zone from today
• Archives

Pesticide dispute not to deter FDI: Kamal Nath

Aug 18, 2006: August 18, Hyderabad:

Union Minister of Commerce and Industry, Mr. Kamal Nath has said that on-going pesticide debate will not have any adverse effect on FDI( Foreign Direct Investment) inflows into the country. Reiterating public health is essentially important, Mr Nath emphasized the need for indigenous brand of India which is among the top of five brands, though its own brand is yet to come.

Participating in the Confederation of Indian Industry (CII's) seventh marketing meeting in New Delhi, he affirmed that accuracy should be ensured in any of the findings while brushing aside its effect on the inflows of FDI. Reacting on the ban imposed by some states on the production and sale of Cola brand cool drinks, he felt that they have to see that findings are accurate and factually correct and the law will take its own course.

Nippon plans chain of shops

Aug 18, 2006: August 18, Hyderabad:

Nippon Paint India is all set to open up 50 outlets in South India by this year end. The company will have two manufacturing plants one each in South and North India by 2008 and till then the products will be rolled out from their existing plants, said its Vice President, A. Ramakanth. While launching their products in Hyderabad Managing Director, W.M. Yip said that India is 16th country to begin their operations wherein a new lifestyle and experience will adorenew colours.

CCS Infotech eyes South Africa market

Aug 18, 2006: August 18, Hyderabad:

Chennai based CCS Infotech will foray into hardware business in South Africa in collaboration with local market as part of its expansion plan. The company Managing Director, M.A. Hasan Abdul Kader says that a Rs. 20-crore plan was drawn up with 49 % stake in the business. Besides expanding the current capacity in Pondicherry plant to 150 PC ( personal computers) from 100 PCs, the plan will help develop hardware products in South Africa.

Software, ITES exports up 32 %

Aug 14, 2006: August 17, Hyderabad:

Exports in software and IT enabled serices has posted an increase of 32.29% to 29,500 crores for the last quarter of April- June. According to Electronics and Computer Software Export Promotion Council (ESC), a large chunk of Indian IT companies are focusing on value added services enabling the exports increase to a considerable extent. ESC opines, the exports will further increase in the coming quarters.

Godrej to afford Rs. 500 crore on Jatropha

Aug 14, 2006: August 17, Hyderabad:

Godrej Agrovet Ltd., eyes on large scale cultivation of oil palm (Jatropha) plantation for with a whopping Rs. 500 crores investment. With a turnover of Rs. 900 crore,the company expects to bring about 1 lakh hectares under oil palm cultivation from 50,000 hectares in a span of 5-10 years.

India needs Rs. 14,89,500 cr for infrastructure

Aug 07, 2006: August 17, Hyderabad:

India lags behind in the domain of infrstructure compared to East and South-East Asian economies. It needs a whopping Rs. 14,89,500 crores investment in the next five years, according to Confederation of Indian Industry (CII),and Private sector has make a contribution of Rs. 60,000 every year for infrastructural development.

BEML opens outlet in Hyderabad

Aug 07, 2006: August 17, Hyderabad:

Engineering giant, Bharat Earth Movers Limited (BEML) has opened up a new service centre in Hyderabad to cater to the needs of its clients in souther states. This new service centre is located in Moulali Industrial Area in the city will take up overhaul of engines, transmissions and final drives.

Parliament House declared a No-Smoking Zone from today

Jul 05, 2004: The august Parliament House may enter a new phase in its distinguished life, with its General hall and lobbies being declared a ‘No Smoking’ zone and out of bound for those members and others concerned who enjoy sending puffs of swirling rings circling into pure thin air courtesy alluring cigarettes. The same has been announced by the speaker Mr Somnath Chatterjee after a meeting with various party parliamentary leaders and would be passed in the coming session.

When asked whether the other age old menace of betel leaf (pan) chewing will also meet the same fate, he said the same was not discussed but would be considered at a later date. It is revealed that several young Parliament members had taken up the matter and recommended its ban. It may also be added that the nation’s highest court Supreme Court had banned smoking in all public buildings.

The twin combination of smoking and pan chewing has played havoc with people’s lives and also caused environmental degradation. Once the darling of the masses and the classes alike, of late both have come to be recognized as an evil that needs to be curbed and a reign of clean and neat environment spread to usher in the era of clean and good living and possibly high thinking.