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WaterHealth CEO calls for cleantech to meet India's water needs
"India may have to consider developing long supply chains and incentivizing farmers to shift water-intensive grain production activities offshore, Sanjay Bhatnagar says. "
Govt mulls 10% cess on minerals' royalty
The government is considering levying up to 10 per cent cess on royalty charged on minerals like iron ore, copper and lead that would be used to promote scientific mining practices — an idea opposed by the mining industry.
Hunt for sea minerals drives Indian navy
According to the Goa-based National Institute of Oceanography, India has surveyed an area of nearly 4m sq km in the central Indian Ocean basin that has led to findings of "significant commercial grades" of copper, nickel, iron and cobalt deposits.
India - Per capita water availability declining
VISAKHAPATNAM: Per capita availability of water in the country is on the decline, according to R. Radhakrishna, Chairman of the National Statistical Commission.
MULTIMETALS LIMITED - desalination
Multimetals Limited founded in 1962 as a joint venture with Revere Copper and Brass Inc, USA attained the position of a premier manufacturer of seamless extruded drawn copper and copper alloy products including 90/10, 95/05 & 70/30 Cupro Nickel, Cunifer, Aluminum Brass, Admiralty Brass, 70/30 Brass, 63/37 Brass, Naval Brass confirming to various international standards, catering to numerous industries. Multimetals had a technical collaboration with M/s Hitachi Copper Ltd. Japan, one of the world leaders in Air Conditioning and Refrigeration Copper tube technology. Multimetals is the largest manufacturer of non-ferrous alloys tubes in India exporting to all the continents around the world. We cater to various sectors like: Aircondtioners &Chillers Oil & Gas Ship Building &Repair Desalination Plants
A Silver Lining for India's Housing Market
But today the scenario is different, with builders getting a mix of mid end and affordable housing into their portfolio. Raminder Grover, CEO—Homebay Residential, Jones Lang LaSalle Meghraj, says the revival in sales has been, conservatively speaking, to the tune of around 25% across the mid-to-high income segments, according to his company's sales records.
Rohtas Goel, CMD of Delhi-based Omaxe too says there has been a 30% increase in sales thanks to factors such as a reversal in general economic sentiment after the elections and more options available in affordable housing.
Statistics too would appear to bear this out. India's largest real estate developer DLF says it has sold almost 1,500 flats in various cities since April, notably some 400 flats in its mainstay market Gurgaon, 700 in Bangalore, 100 plots in Indore, 200 flats in Hyderabad and 50 in Cochin.
Rival Unitech has managed to sell more than 4,000 units in the last two and a half months in the National Capital Region, Chennai and Mumbai. Omaxe has also sold almost 500 apartments in its Omaxe Eternity project in Vrindavan.
"Regulatory practices shielded Indian industry"
During the inaugural address, P Parvathisem, former president, IIM and former CMD of NALCO and also Hindustan Copper Ltd, said that India remained unaffected by the global meltdown mainly because of various regulatory and control mechanisms and by nature being conservative in our approach.
India was expected to grow at about 7 per cent. India witnessed substantial growth, progress in Zinc and Copper production and have to progressively invest in exploration and mining. In case of Aluminium, India was endowed with rich deposits and required R&D efforts for making Alumina. In case of lead, we should strive to develop it in a big way, he said.
CII for reduction in custom duty to save copper (recycling) industry
The units in Jammu are becoming unviable and unless immediate steps are not taken, 150 such units, which were providing employment to over 10,000 people, may be closed down, Confederation of Indian Industry (CII), J&K, Chairman Sanjay Puri told reporters here.
The “wind man of India” and where he sees the industry going
TT: The second concept we are looking at is the wind and solar hybrid. A lot of sites with solar has wind available. There is already an infrastructure build, substation, and other things. We are working on providing the technical solutions to our customers… if they want to put in solar they can, and we’ll provide the integration part to the grid. That way they can reduce the overall project cost for the combination.
E-waste growing 10% a year in India
India's Department of Scientific and Industrial Research released a study this week that says e-waste is growing at a rate of 10 percent a year in India, with 95 percent headed to urban slums for segregating,
Solar reaches low-income India
Bangalore, India-based social venture SELCO India said it raised growth financing to expand its program to provide renewable energy to low-income homes and businesses in India.
Goldman Sachs cuts India FY09 growth to 6.7%-India Business-Business-The Times of India
Goldman Sachs on Monday cut its India growth estimate to 6.7 per cent from 9 per cent in the year ending March 2009 due to the knock-on effects of the global financial crisis.
Anglo American Plc keen on Indian tie-ups in mining
Global mining major Anglo American Plc today said it is keen on roping in local players to forge joint ventures in India's mining sector, where the UK-based firm intends to be a long-term player.
Rio Tinto bullish on mining prospects in India
Australian mining major Rio Tinto today said it was bullish on mining prospects in India and is looking into opportunities in eight states in the country
India GDP will grow 8% this year, says India PM
TOKYO: India will achieve a GDP growth rate of 7.5% to 8% this year despite the current global economic turmoil, which has only partially affected the country, Prime Minister Manmohan Singh has said.
Global meltdown hits hiring and mega projects in India
According to Malhan, mega projects and expansion plans are being reviewed, with the corporate sector now focused on managing costs and reducing borrowings. “We are just at the beginning of the problem in India. I expect January to June 2009 to be the worst period. Early signs are emerging from the way budgets are now being designed, with hiring decisions only passed if the need is critical and travel either completely discouraged or downgraded to economy class only", says Sunit Mehra, managing partner, Hunt Partners India.
India copper slides on stocks, dollar weighs- Commodities-Markets-The Economic Times
MUMBAI : Indian copper futures fell on Friday after a huge rise in inventories coupled with demand concerns weighed on investor sentiment, analysts said
India has 4.38mn broadband users-India Business-Business-The Times of India
The Trai statement said, the country added 8.81 million telephone connections (both wire and wireless) during June 2008 as compared to 8.46 million it added during May 2008. In the wireless segment, which includes GSM, CDMA and WLL, there was an addition of 8.94 million as against 8.62 million during May 2008.
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The Trai statement said, the country added 8.81 million telephone connections
(both wire and wireless) during June 2008 as compared to 8.46 million it added
during May 2008. In the wireless segment, which includes GSM, CDMA and WLL,
there was an addition of 8.94 million as against 8.62 million during May 2008.
10,000 cell phones sold in India every hour: IDC-India Business-Business-The Times of India
India has shipped close to 85 million mobile handsets between April 2007 and March 2008, compared to under 66 million units shipped in the previous fiscal, registering an year-on-year growth of around 29 per cent.
Silver lining in industrial output fall-India Business-Business-The Times of India
According to the Index of Industrial Production figures released on Thursday, while the manufacturing sector growth rate slipped from 12.4% to 7.5% in the month, power generation recorded a sharper decline from 8.7% to 1.4%. The mining sector, however, registered robust growth in April, moving up to 8.6% from 2.6% in the corresponding period last year.
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