Farmers up in arms yet again over cane prices

Sugarcane growers protest before minister's house

BS Reporter

Auto components maker Bharat Forge today said it has divested majority stake in Chinese joint venture to its partner, China FAW corporation Ltd, for USD 28.2 million (over Rs 175 crore).
     "The company's indirect subsidiary in Hong Kong, Bharat Forge Hongkong has divested its 51.85 per cent stake in its Chinese JV operations (FAW Bharat Forge (Changchun) Company Ltd) to its joint venture partner, China FAW Corporation, for USD 28.20 million," Bharat Forge said in a filing to the BSE.
     With the divestment, Bharat Forge has ended its eight years old JV in China, it added.
     The Pune-based firm, since the beginning of the JV in 2006, had invested Rs 178 crore in the JV in four tranches.
    "The divestment will have a positive impact Bharat Forge Ltd cash flows and profitability on a consolidated basis," the company said.
     Shares of Bharat Forge were trading at Rs 346.50 a piece on the BSE, up 4.43 per cent from the previous close.

Bharat Forge divests stake in Chinese JV

Press Trust of India

Coffee is considered one of the favourite drinks across the nation but aside from providing the often needed early morning boost, the type of coffee a person likes to drink can also reveal a lot about his personality, says a study

What does your coffee say about you?

IANS

Cuisines from offbeat places across the globe and newer techniques in cooking will redefine the gastronomic trends
this year

Tastefully new

Business Standard

Borders that are 20 inches long, neon colours that add some spunk and pant suits in the silk weave - designers are reinventing the kanjeevaram for current lifestyles

Kanjeevaram weaves a new style

The NPVs that are collected from miners and other users of forest land is deposited in a special fund dedicated for afforestation programme

Odisha CM urges Moily for NPV fund diversion

Points out that taxing tobacco products would not only help the state save many precious lives but can also bring in much-needed revenues to the exchequer

Kerala civil society bats for raising tax on tobacco products

GVS Prasad spent 28 years of underground life operating mostly in neighbouring states

AP police gives Rs 20 lakh reward to surrendered Naxalite

Buoyed with victory over getting clearance for Geographical Indication, Chennai, for basmati rice patent MP is gearing up for obtaining more patents

Madhya Pradesh govt to seek GI for 'kadaknath' chicken

Jointly organised by the MSME Department of Odisha govt and National Small Industries Corporation (NSIC), the international trade fair had over 270 stalls

Odisha MSME International Trade Fair bags Rs 4.5 cr business

The local BJD leaders staged demonstrations in front of the port gate from early morning to late evening

BJD workers paralyse Dhamra port

The Tamil Nadu Electricity Regulatory Commission (TNERC) is in the process of amending its Conduct of Business Regulations (CBR), 2004, to include a provision under which a single member can be considered as a quorum.The draft amendment, which the Commission has now put forward for public discussion, comes at a time when it has received its second member to fill the quorum according to the existing regulation. It was left with only one member for around six months in 2013.The regulation 12 of the CBR says that except for initial procedural issues like notices, filing of copies and documents, the quorum of the Commission shall be two.

TNERC to amend Business Regulations Act

Desi liquor shops are only allowed to sell country-made liquor

MP govt rolls back decision to sell IMFL at 'desi' liquor shops

Ailing actress Suchitra Sen is still not out of danger and would remain under observation in the Intensive Care Unit of the hospital, doctors attending on her said today.The 82-year-old actress still needs non-invasive ventilation at irregular intervals for oxygen support and could not be be said to be out of danger yet, they said.Stating that her condition continued to remain stable, a medical bulletin issued by super-speciality hospital Belle Vue Clinic said fluctuation of her oxygen saturation needed continuous monitoring."She has received physiotherapy. She is having light diet as prescribed. Because of continuous monitoring of her vital parameters which might need active emergency intervention, she will continue to be observed in ITU setting," it said.The actress was admitted to the hospital on December 23 following a respiratory tract infection.

Suchitra not yet out of danger, to remain in ITU

Alleges that is it is against the interests of the local small and medium farmers, but favours the quarry and mining mafia

Western Ghats report: Kerala MLAs stage satyagraha

A police officer was killed and three cops injured in an encounter with militants in Sopore town of north Kashmir today

Police officer killed in encounter in Kashmir

The ambitious plan is aimed at facilitating blood supply to patients scheduled to undergo surgeries and medical procedures, at cheaper rate

Maha govt launches unique 'blood-on-call' scheme

Gujarat Cooperative Milk Marketing Federation (GCMMF) chairman Vipul Chaudhary will be challenging the Gujarat High Court order giving nod for implementation of no confidence motion against him passed by majority of federation members.On Monday the a single bench of high court had allowed GCMMF to go ahead with the implementation of no confidence motion against Chaudhary which was passed by members on December 5, 2012. The motion was brought as the members were suspicious of Chaudhary's functioning and suspected that his way of administration was not in the interest of the federation. They further held that the motion was needed to safeguard the interest of three million milk producers of Gujarat.Chaudhary's lawyer P S Champaneri said that they were waiting for the certified copy of the order. "Once we have the copy we will be filing appeal before the division bench anytime before January 11," Champaneri said.Justice Paresh Upadhyay, on Monday, had held that GCMMF could put into effect

GCMMF chief to appeal against HC order on no confidence motion

A total 26 panchayat members and two zilla parishad members had tendered their resignation last month but they are yet to be accepted by the authorities

Deadlock between district authorities, panchayat continue in Odisha

The state IT (Information and Technology) department has given its assent to the Centre for setting up of Electronics Testing Lab for Bureau of Indian Standards (BIS) in the state for issuing BIS number to new electronic products.The consent comes after the Department of Electronics & Information Technology (DEITY) under the Union ministry of Communication and Information Technology proposed the state to have one lab here.The state government has approved the setting up of Electronic Testing Lab for BIS at International Institute of Information Technology (IIIT), Bhubaneswar, a Government of Odisha institute, with financial assistance of DEITY.Sources said, DEITY has proposed to open such labs in six states in the country and it will provide an assistance of Rs 1.5 crore towards equipment for the lab.Officials said, the establishment of lab in the state will give a boost to the Electronic System Design & Manufacturing (ESDM) sector as Odisha government is making strides for tra

Odisha may have BIS testing lab

Private buses were almost off the roads in the city, except on some routes. Taxis were, however, plying

Kolkata: Private bus operators on strike, commuters inconvenienced

Lifestyle News: Get latest art and culture news, travel news, books news, food news, fitness news, fashion news, fine arts news at Business Standard.

Lifestyle News: Art & Culture News, Travel News, Books News, Food & Fitness News

Get latest art and culture news, travel news, books news, food news, fitness news, fashion news, fine arts news at Business Standard.

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