With its upcoming Vibrant Gujarat Global Investors' Summit (VGGIS) 2011, the Government of Gujarat plans to focus specifically on technical textiles this time.

Technical textiles sector to get a thrust in Gujarat

Business Standard

With Indonesian President Susilo Bambang Yudhoyono to be the chief guest on Republic Day next year, both the countries are likely to set the ball rolling for Free Trade Agreement.

FTA roadmap with Indonesia set to roll from January 2011

Press Trust of India

Entering its golden jubilee year, mining and construction equipment and services provider Sandvik Asia, a subsidiary of the $13 billion Swedish company-Sandvik AB, plans to increase its turnover to Rs 5,000 crore from Rs 2,000 crore by shifting gears its gears from a mid-sized company to a bigger company. In an email interview with Pravda Godbole, Hakan Kingstedt, managing director and president, Sandvik Asia talks about the road ahead.

Q&A: Hakan Kingstedt, Managing Director and President, Sandvik Asia

Mangalore-headquartered private sector lender Karnataka Bank has launched initiatives to boost current account, savings account ratio to 30 per cent from present 25 per cent by end of the current fiscal.

Karnataka Bank aims to up CASA ratio to 30% by March 2011

In a bid to boost the spinning sector in the state, Gujarat government plans to supply lignite on a long term basis. The government has been continually taking steps in recent times to develop spinning sector which has so far been a weak vertical of the entire textile value chain in Gujarat.

Gujarat spinning units to get lignite on long term basis

With the likes of BSNL and Tata DOCOMO already offering 3G services in Gujarat, mobile handset manufacturer Intex Technologies (India) Ltd. plans to make the most of the rising demand for 3G phones.

Intex to launch 3G handsets in Gujarat

InvestBhubaneswar-2010, a three-day symposium to be held in the city from December 18-20 to facilitate investment and boost entrepreneurship, will focus on tourism, infrastructure, higher education, energy, mines &amp; minerals and clean technologies.

InvestBhubaneswar to focus on tourism, infrastructure

The spinning industry in Punjab is under pressure due to escalating input costs. Despite a bright outlook for cotton crop and an all-time high price of cotton in the open market (about Rs 4,250 per maund, one mound is 37.324 kg), the spinners are not finding an easy access to the required quantity of cotton.

Punjab spinning mills jostling for cotton stock

BEL, BHEL units get commendation certificate.

Crompton Greaves bags CII-EXIM Bank award for excellence

Himachal Pradesh will soon set up ten new industrial areas equipped with state-of-the-art infrastructure at a cost of Rs 3,000 crore in different parts of the hill state.

Himachal Pradesh to have 10 new industrial areas

Power giant National Thermal Power Corporation&rsquo;s (NTPC) attempt to enter the hydropower sector in Uttarakhand is turning out to be a bitter experience with two of its hydel projects being scrapped.

It's a bumpy ride for NTPC's hydropower foray in Uttarakhand

Austrian loader crane manufacturer Palfinger has set up an assembling facility near Chennai. The company has said the facility would cater to domestic market and overseas markets including China.

Austrain crane loader sets up plant

Janata Party President Subramanian Swamy today called for cancellation of all the 2G spectrum licences and said he had already moved the Delhi High Court in this regard.

Cancel all 2G licences, says Swamy

Microsoft has reiterated its commitment to strengthen their presence in e-governance initiatives.

'Use of cloud computing beneficial in NeGP'

National Aerospace Laboratories (NAL), the Bangalore-based nodal centre for the design of the Regional Transport Aircraft (RTA), is set to issue expressions of interest (EoIs) to invite potential partners for the project from the private sector, both from India and abroad, according to NAL director AR Upadhya, director (Council of Scientific and Industrial Research).

NAL scouts for pvt partners for aircraft project

Bafna Pharmaceuticals, a Chennai-based pharma company engaged in the manufacturing of pharmaceutical formulations of Betalactum and Non-Betalactum, today announced an addition of a product approval to its kitty.

Bafna Pharma hopes for bigger pie from Europe

As many as 16 deaths have been caused due to the coercive practices of microfinance institutions (MFIs), according to an inquiry launched by the state government into the spate of suicides by borrowers of MFIs.

MFIs responsible for 16 suicides: AP govt

Sundaram BNP Paribas Fund Services has forayed into the Registrar and Transfer agency operations. The company said that it will invest around Rs60 crore over the next three years. According to company representatives, a majority of investments would go into a technology platform.

Sundaram JV forays into Registrar and Transfer Agency ops

Novozymes, one of the largest producer of industrial enzymes, has opened its new research and development (R&amp;D) centre in Bangalore today.

Novozymes sets up R&D facility in city

Mumbai-based Pipal Tree Ventures Private Limited is planning to train women in tollgate operations and heavy machine handling.

Pipal Tree to train women from construction industry

The Aeronautical Development Agency (ADA), an autonomous body under the department of defence research and development, Ministry of Defence, is seeking $2-billion (approximately Rs 9,060 crore) for the development of advanced medium combat aircraft (AMCA).

ADA seeks $2 bn for medium combat aircraft project

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