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Sunday, July 03, 2005

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Gujarat industry badly hit — Total damage put at Rs 10,000 cr
TORRENTIAL rains in the last four days have left behind a trail of destruction in large parts of Gujarat with at least 123 deaths and an estimated damage of Rs 10,000 crore to the State's industry. The positive news, however, is that water ... More

No `compromise formula' yet on BHEL disinvestment
THE proposed disinvestment of 10 per cent equity in public sector Bharat Heavy Electricals Ltd (BHEL) is unlikely to take place in the near future, unless the Government takes on the political risk of glossing over the objections of the Left ... More

GE reaches settlement on Dabhol disputes
GENERAL Electric (GE) on Thursday announced that it has reached a "comprehensive settlement" of its Dabhol-related disputes with the Centre, the Maharashtra Government and the Indian lenders to the Dabhol Power Company (DPC). The settlement ... More

Ratio of women in IT services rising steadily
IT'S no longer a man's world, and the signs of this are evident in the Indian IT services sector. Belying the trend in developed markets such as the US, the proportion of women in the Indian IT services workforce (excluding ITES/BPO) is rising ... More

PM inaugurates Sethusamudram project
THE Prime Minister, Dr Manmohan Singh, on Saturday inaugurated the Sethusamudram Ship Channel Project works. As he pressed a button at a function in the temple town, dredging began at Kodiakarai near Vedaranyam, about 300 km from here. The ... More

Delhi Metro rail section inaugurated
THE UPA Chairperson, Ms Sonia Gandhi, on Saturday inaugurated the underground stretch of Delhi Metro connecting the heart of national capital with Kashmere Gate, and said the new mode of transport would reduce traffic jams in the Capital, saving ... More

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