PTI - The Press Trust of India Ltd. articles from May 2006

PTI - The Press Trust of India Ltd. archives from May 2006

BoB hikes NRE, FCNR term deposit rates.
May 3, 2006... BoB hikes NRE, FCNR term deposit rates Mumbai, May 2 (PTI) Bank of Baroda today hiked its interest rates on Non Resident Indian (NRI) term deposits with effect from May one, 2006. The bank had in April revised its interest rates upward...

Another criminal case in Birla-Lodha battle over RJM property.
May 3, 2006... Another criminal case in Birla-Lodha battle over RJM property Kolkata, May 2 (PTI) A metropolitan court today directed the police to investigate a case filed by employees of Rameshwara Jute Mills Ltd against some officers of the M P Birla...

Bhushan Steel net up 32%, at Rs 64.08 crore.
May 3, 2006... Bhushan Steel net up 32%, at Rs 64.08 crore New Delhi, May 2 (PTI) Bhushan Steel and Strips Ltd has recorded about 32 per cent increase in net profit for the quarter ended March 31, 2006, which stood at Rs 64.08 crore as compared to Rs Rs...

Amcham appoints new office bearers of National Executive Board.
May 3, 2006... Amcham appoints new office bearers of National Executive Board New Delhi, May 2 (PTI) The American Chamber of Commerce in India (AMCHAM) has appointed Citigroup India CEO Sanjay Nayyar as Chairman. The chamber has appointed Brown Forman...

RCoVL's inclusion after index committee deliberation: BSE.
May 3, 2006... RCoVL's inclusion after index committee deliberation: BSE Mumbai, May 2 (PTI) Discounting suggestions of favouritism to Anil Ambani Group's Reliance Communications, the Bombay Stock Exchange today said the company was included in the Sensex...

New civil aviation policy to promote regional connectivity.
May 3, 2006... New civil aviation policy to promote regional connectivity New Delhi, May 2 (PTI) In a bid to boost regional air connectivity in the country, the new Civil Aviation Policy (CAP) would recommend providing major incentives to feeder operators...

India to have full time US treasury representative soon.
May 3, 2006... India to have full time US treasury representative soon Mumbai, May 2 (PTI) India will soon have a full time treasury representative of the US to understand in a better way the regulatory and financial developments in the country, US Under...

Probe into nuke proliferation network headed by A Q Khan over.
May 3, 2006... Probe into nuke proliferation network headed by A Q Khan over Islamabad, May 2 (PTI) Claiming that the probe into nuclear blackmarketing network headed by disgraced scientist A Q Khan is "a closed chapter", Pakistan today ruled out...

Central Bank of India hikes FCNR deposit rates.
May 3, 2006... Central Bank of India hikes FCNR deposit rates Mumbai, May 2 (PTI) Central Bank of India today revised upwards the interest rates on Foreign Currency Non Resident (FCNR) deposits in denomination of USD, Pound, Euro, Canadian Dollar and...

Pak ready to have pipeline with Iran if India not able to join.
May 3, 2006... Pak ready to have pipeline with Iran if India not able to join Islamabad, May 2 (PTI) Pakistan today said it is ready to develop a gas pipeline from Iran on a bilateral basis if India due to some reasons was not able to join the...

'Pesticide residue in wheat samples below permissible limits'.
May 3, 2006... 'Pesticide residue in wheat samples below permissible limits' Mysore, May 2 (PTI) The Central Food Technological Research Institute here has said residues of pesticides in samples of wheat imported from Australia and sent for testing were...

Andhra Bank, BoI join the high interest rate club.
May 3, 2006... Andhra Bank, BoI join the high interest rate club Mumbai, May 2 (PTI) Two more banks, Andhra Bank and Bank of India (BoI) today raised their prime lending rates by 0.5 per cent with BoI effecting the same percentile hike in its home loan...

J and K has fast bowling potential, says Srinath.
May 3, 2006... J and K has fast bowling potential, says Srinath Srinagar, May 2 (PTI) India needed to tap the fast bowling potential in Jammu and Kashmir, former India pacer Javagal Srinath today said. Srinath, who is here to scout potential fast...

Ahluwalia Contracts gets ISO 14001:2004 and OHSAS:18001:1999.
May 3, 2006... Ahluwalia Contracts gets ISO 14001:2004 and OHSAS:18001:1999 New Delhi, May 2 (PTI) Capital-based construction firm Ahluwalia Contracts (India) today said it has obtained the ISO 14001:2004 and OHSAS:18001:1999 certificates for...

Inaugurating the extensive five day state wide farmers meet programme (Rythusadassu) at turmeric rich Duggirala village in the district today, Andhra Pradesh Chief Minister Y S Rajasekhar Reddy appealed the farmers to cultivate only those crops for which minimum support price is available. The Chief Minister revealed that the chain of agricultural market yards in the state will sell fertilizers and pesticides to the farmers at reasonable prices.
May 3, 2006... MEET Guntur, May 2 (PTI) Inaugurating the extensive five day state wide farmers meet programme (Rythusadassu) at turmeric rich Duggirala village in the district today, Andhra Pradesh Chief Minister Y S Rajasekhar Reddy appealed the farmers...

Condom scam: prime accused declared absconders.
May 3, 2006... Condom scam: prime accused declared absconders Aurangabad, May 2 (PTI) A local court here today declared three prime accused in the multi-crore `condom scam', unearthed in March, as absconders. Shirish Boralkar, Hemant Mirkhelkar and...

Bihar ten phase panchayat elections to commence from May 15.
May 3, 2006... Bihar ten phase panchayat elections to commence from May 15 Patna, May 2 (PTI) The three-tier panchayat elections in Bihar, deferred due to non-availability of adequate para military forces, will now commence from May 15 in ten phases. ...

Fire at Bombay Dyeing office.
May 3, 2006... Fire at Bombay Dyeing office Mumbai, May 2 (PTI) Fire broke out at the Bombay Dyeing office at Worli in central Mumbai late this evening and first reports spoke of casualty, fire brigade sources said. Four fire engines and three...

NGO calls for global protests against ADB.
May 3, 2006... NGO calls for global protests against ADB Hyderabad, May 2 (PTI) People's Forum Against Asian Development Bank (PFAADB), an NGO, has given a call for global protests against the ADB, whose Governors meet here from tomorrow, on May 5...

PET-CT, Medical Cyclotron Centre inaugurated at AHRR.
May 3, 2006... PET-CT, Medical Cyclotron Centre inaugurated at AHRR New Delhi, May 2 (PTI) Army Hospital Research and Referal got a shot in the arm today with the inauguration of state-of-the-art machines that promise to enhance nuclear medicine at the...

US to continue to assist Nepal in economic, political spheres.
May 3, 2006... US to continue to assist Nepal in economic, political spheres Kathmandu, May 2 (PTI) The US today assured Nepal that it would continue to provide it assistance in economic, political and security areas. The assurance was given by US...

ADVISORY-PHOTO.
May 3, 2006... ADVISORY-PHOTO NEW DELHI : MAY 2, 2006 (PTI) EDITORS : Photos relating to the events with captions released today. To view thumbnails of these photographs, visit PTI website at : www.Ptinews.Com NATIONAL New Delhi : Navy...

Hyderabad-based Tyche Peripheral Systems Ltd. (TPSL) pioneers in India for retail automation transactions, today announced a national tie-up with NCR Corporation, a global leader in store automation solutions. This agreement with Tyche Peripheral Systems marks the launch of NCR's retail automation offerings, including point-of-sale (POS) solutions and kiosks, for the Indian retail market.(Company overview)
May 3, 2006... TYCHE Hyderabad, May 2 (PTI) Hyderabad-based Tyche Peripheral Systems Ltd. (TPSL) pioneers in India for retail automation transactions, today announced a national tie-up with NCR Corporation, a global leader in store automation solutions....

AppLabs, managing and executing certification programmes announced today that it will be the testing partner for the SpectraLink (Voice Interoperability for Enterprise Wireless) Certification Program. AppLabs currently manages over 20 certification programmes based around technologies related to CISCO, Naveli, SUN, Hitachi Data Systems, Microsoft, TRUSTe and Unux.
May 3, 2006... APPLABS Hyderabad, May 2 (PTI) AppLabs, managing and executing certification programmes announced today that it will be the testing partner for the SpectraLink (Voice Interoperability for Enterprise Wireless) Certification Program. AppLabs...

GMR-HIAL awards cargo contract to Menzies Aviation Plc of UK.
May 3, 2006... GMR-HIAL awards cargo contract to Menzies Aviation Plc of UK Hyderabad, May 2 (PTI) GMR Hyderabad International Airport Limited (GHIAL), which is developing a world-class International Airport in Shamshabad near Hyderabad, has awarded the...

Madhok takes charge as ED of Bank of Maharashtra.
May 3, 2006... Madhok takes charge as ED of Bank of Maharashtra Pune, May 2 (PTI) Rajiv Madhok, the former General Manager of Oriental Bank of Commerce, has taken over charge as Executive Director of Bank of Maharashtra. Apart from successfully...

Rubber price rises to rs 90 a kg.
May 3, 2006... Rubber price rises to rs 90 a kg Kottayam, May 2 (PTI) Rubber prices crossed Rs 90 per kg today as the global demand for RSS-4 variety was more than the production and also due to decrease in latex production and increase in demand from...

Priyadarshini Spinning mills announces 44 per jump in profits.
May 3, 2006... Priyadarshini Spinning mills announces 44 per jump in profits Hyderabad, May 2 (PTI) Priyadarshini Spinning Mills Limited, a leading manufacturer in cotton and synthetic yarn, today announced a 44 per cent jump in its net profits for the...

BOM-RATE.
May 3, 2006... BOM-RATE Pune, May 2 (PTI) Bank of Maharashtra has increased the interest rates on its term deposits with effect from today. The rise in rate is applicable for a slab of period over one year upto two years. It is 50 basis points (from 6.25...

Agro industries make Rs four crore profit.
May 3, 2006... Agro industries make Rs four crore profit Vijayawada, May 2 (PTI) Andhra Pradesh Agro Industries Development Corporation (APAIDC) has earned a profit of Rs four crore during the current financial year, according to APAIDC Vice Chairman and...

Net Prot from Core Banking up by 3 times.
May 3, 2006... Net Prot from Core Banking up by 3 times Hyderabad, May 2 (PTI) Andhra Bank has recorded a three fold growth in its Net Profit from Core Banking Operations (excluding profit onsale of investments Rs 70.84 crores) to Rs 414.66 crore during...

International Council of Astrological Studies, Chairman B J Rao died of heart attack here today, family sources said. He was 76, they said.
May 3, 2006... RAO Guntur, May 2 (PTI) International Council of Astrological Studies, Chairman B J Rao died of heart attack here today, family sources said. He was 76, they said. Rao is survived by two sons and two daughters. He donated his eyes...

UK Securities and Investment Institute launches India office.
May 3, 2006... UK Securities and Investment Institute launches India office London, May 3 (PTI) In an bid to further improve standards of professional excellence of the securities and investment industry in India, the UK Securities and Investment...

China to demolish temporary cofferdam at Three Gorges.
May 3, 2006... China to demolish temporary cofferdam at Three Gorges Beijing, May 3 (PTI) China will demolish the temporary cofferdam at the site of the Three Gorges power project next month, signalling a new role for the world's largest hydropower...

China bans books made of gold as part of anti-corruption drive.
May 3, 2006... China bans books made of gold as part of anti-corruption drive Beijing, May 3 (PTI) China has banned sale of books made of gold or silver foils to curb bribery and reduce its negative influences on society. These "Golden books", with...

China's one child policy averts 400 million births by 2005.
May 3, 2006... China's one child policy averts 400 million births by 2005 Beijing, May 3 (PTI) China has averted over 400 million births by the end of 2005 as part of its 'one child per couple' family planning policy, a senior official has said. "The...

AGRI-VEG-PRICE-TR.
May 3, 2006... AGRI-VEG-PRICE-TR Agartala, May 3 (PTI) Following is the rate chart of vegetables in Agartala market today. Potato Rs 12.00 Onion Rs 10.00 French Bean Rs 30.00 Ginger Rs 30.00...

Sensex set new peak over 12,318.98.
May 3, 2006... Sensex set new peak over 12,318.98 Mumbai, May 3 (PTI) The benchmark sensex spurted to set a new peak over 12,318 in early trade on the Mumbai stock exchange today on emergence of funds buying in almost all the new chip shares. The...

India Cements's 75 mn dlrs FCCB offer oversubscribed.
May 3, 2006... India Cements's 75 mn dlrs FCCB offer oversubscribed Mumbai, May 3 (PTI) India Cements Ltd today said its 75 million dollars Foreign Currency Convertible Bonds offer has been oversubscribed within few hours of opening. The five years...

China's total power consumption set to surge 11.5 per cent.
May 3, 2006... China's total power consumption set to surge 11.5 per cent Beijing, May 3 (PTI) China's total power consumption during the first half of this year is expected to increase by 11.5 per cent. The demand for power will be moderate in the...

China punishes 541 SMS operators in first three months.
May 3, 2006... China punishes 541 SMS operators in first three months Beijing, May 3 (PTI) China awarded punishments to 541 short message service (SMS) operators for "wrongdoings" including price frauds and fraudulent advertisements in the first quarter...

China plans 5 to 7 coal conglomerates to meet surging demand.
May 3, 2006... China plans 5 to 7 coal conglomerates to meet surging demand Beijing, May 3 (PTI) China, the world's largest producer and consumer of coal, plans to restructure the coal sector and establish five to seven major conglomerates over the next...

Paramount Comm allots 33.33 lakh shares.
May 3, 2006... Paramount Comm allots 33.33 lakh shares Mumbai, May 3 (PTI) Paramount Communications Ltd today said it has alloted 33.33 lakh equity shares underlying its 15 million dollar Global Depository Receipts issue. The board of directors have...

India should be ready to accept amendments to N-deal: Rice.
May 3, 2006... India should be ready to accept amendments to N-deal: Rice Washington, May 3 (PTI) Supporting the early passage of the Indo-US nuclear deal in the Congress, the Bush Administration has said New Delhi must be prepared to accept "amendments"...

J-K: Four militants killed in encounters.
May 3, 2006... J-K: Four militants killed in encounters Srinagar, May 3 (PTI) Security forces killed four militants in two encounters in which two army jawans and a constable lost their lives in Srinagar and Baramulla districts of Jammu and Kashmir this...

Kaavya Vishwanathan's book withdrawn permanently.
May 3, 2006... Kaavya Vishwanathan's book withdrawn permanently New York, May 3 (PTI) Amidst fresh charges of plagiarism against Indian-American author Kaavya Vishwanathan, the publishers of her first novel have decided to withdraw the book permanently...

IT professionals: Demand-supply imbalance to continue till 2012.
May 3, 2006... IT professionals: Demand-supply imbalance to continue till 2012 New Delhi, May 3 (PTI) As India rides high on the current global outsourcing wave, experts warn it may not be entirely smooth sailing for the industry in the near future. ...

Srinivasa Shipping to raise 20 mn dlrs via FCCBs.
May 3, 2006... Srinivasa Shipping to raise 20 mn dlrs via FCCBs Mumbai, May 3 (PTI) Srinivasa Shipping and Property Development Ltd today said it will raise around 20 million dollars through issue of Foreign Currency Convertible Bonds (FCCBs). The...

'Queen' adds yet another feather to its crown.
May 3, 2006... 'Queen' adds yet another feather to its crown New Delhi, May 3 (PTI) Ever since she started rolling from the year 1855, 'Fairy Queen' has been associated with records and awards all the way, the latest feather in her cap being the...

Rupee starts with further gains against US dollar.
May 3, 2006... Rupee starts with further gains against US dollar Mumbai, May 3 (PTI) The rupee today gained further ground against the US dollar on renewed inflow of funds along with weak dollar against other world currencies, especially euro. Good...

CITU demands hike in minimum wages for workers in Haryana.
May 3, 2006... CITU demands hike in minimum wages for workers in Haryana Sonepat, May 3 (PTI) The Centre of Indian Trade Union (CITU) today demanded that wages of both skilled and unskilled workers be hiked to Rs 5,000 per month in view of surge in prices...

AGRI-FOODGRAINS.
May 3, 2006... AGRI-FOODGRAINS Chennai, May 3 (PTI) Prices of moong dal firmed up further while that of wheat and urad dal dropped moderately in the wholesale foodgrains market here today. Other commodities thoor dal, gram dal, sugar, maida and sooji...

China's rich must follow one-child policy: official.
May 3, 2006... China's rich must follow one-child policy: official Beijing, May 3 (PTI) China will enforce the one child per couple family planning policy on its rich and powerful citizens including celebrities and business people, as they seem to be...

Panacea Biotech ties up with NVI.
May 3, 2006... Panacea Biotech ties up with NVI New Delhi, May 3 (PTI) Panacea Biotech today announced a collaboration with Netherlands Vaccine Institute (NVI) for supply of bulk inactivated polio vaccines. As per the agreement, NVI would supply the...

Centre asks Guj Govt to conduct detailed inquiry.
May 3, 2006... Centre asks Guj Govt to conduct detailed inquiry New Delhi, May 3 (PTI) The Centre today asked the Gujarat Government to conduct a detailed inquiry on how the situation in Vadodara went out of control in the wake of demolition of a dargah...

Cabinet okays Indo-US civil aviation pact.
May 3, 2006... Cabinet okays Indo-US civil aviation pact New Delhi, May 3 (PTI) A landmark Indo-US agreement, which provides for American civil aviation bodies to assist their Indian counterparts in modernising airports, aviation infrastructure,...

J-K: Bandh observed in Doda for third day.
May 3, 2006... J-K: Bandh observed in Doda for third day Doda (J-K), May 3 (PTI) Normal life was affected for the third day in Doda district of Jammu and Kashmir today due to a bandh to protest the killing of 19 Hindus in the district even as multi-tier...

US will not remove Nepal Maoists from terror list.
May 3, 2006... US will not remove Nepal Maoists from terror list Kathmandu, May 3 (PTI) United States today said it will not remove Nepal's Maoist rebels from its list of terrorist organisations unless they lay down arms and join peaceful political...

Jain Irrigation acquires Chapin Watermatics for 6 mn dlrs.
May 3, 2006... Jain Irrigation acquires Chapin Watermatics for 6 mn dlrs Mumbai, May 3 (PTI) Jain Irrigation Systems Ltd today said it has acquired US-based Chapin Watermatics Inc through its subsidiary, Jain (Americas) Inc for six million dollars. ...

Govt approves transfer of BTPS to NTPC for Rs 4.08 bn.
May 3, 2006... Govt approves transfer of BTPS to NTPC for Rs 4.08 bn New Delhi, May 3 (PTI) The government today approved the transfer of Badarpur Thermal Power Station (BTPS) to NTPC Ltd for Rs 4.08 billion, paving the way for its renovation and...

R Systems bags 3.3 mn dlr contract from US.
May 3, 2006... R Systems bags 3.3 mn dlr contract from US Mumbai, May 3 (PTI) R Systems International Ltd today said it has signed a three-year contract worth 3.3 million dollars to maintain and operate children's medical information system for a public...

ComMin seeks to tweak MAI scheme, proposal to go to Cabinet.
May 3, 2006... ComMin seeks to tweak MAI scheme, proposal to go to Cabinet New Delhi, May 3 (PTI) The government is all set to liberalise the promotional Market Access Initiative scheme to enable exporters penetrate new markets, as it targets to achieve...

Annan for global forum on biological weapons.
May 3, 2006... Annan for global forum on biological weapons United Nations, May 3 (PTI) Stressing on the need for a concerted strategy to fight terrorism, United Nations Secretary General Kofi Annan has proposed a global forum on biological weapons to...

Cabinet nod for Indo-US civil aviation agreement.
May 3, 2006... Cabinet nod for Indo-US civil aviation agreement New Delhi, May 3 (PTI) A landmark Indo-US agreement to enable Indian civil aviation bodies seek American assistance in modernising aviation infrastructure, technology and training was...

China starts receiving oil through pipeline from Kazakhstan.
May 3, 2006... China starts receiving oil through pipeline from Kazakhstan Beijing, May 3 (PTI) Energy-hungry China has started receiving crude oil through a cross-border pipeline from oil-rich Kazakhstan, meeting the communist giant's need for a stable...

113 killed as Armenian plane crashes over Black Sea.
May 3, 2006... 113 killed as Armenian plane crashes over Black Sea Moscow, May 3 (PTI) An Armenian passenger plane caught in torrential rain crashed off Russia's Black Sea coast early today while trying to make an emergency landing, killing all 113 people...

Secova e-Services merges with UltraLink.
May 3, 2006... Secova e-Services merges with UltraLink Chennai, May 3 (PTI) Secova e-Services Ltd today announced that it has merged with California-based UltraLink, a Human Resource and Management Services provider, to offer a broader range of HR and...

India among top 4 countries with highest underweight children.
May 3, 2006... India among top 4 countries with highest underweight children New York, May 3 (PTI) India figures among the top four countries which has the highest rate of underweight children under age of five, a United Nations report said. The...

Govt plans GIS mapping, smart meters to check power theft.
May 3, 2006... Govt plans GIS mapping, smart meters to check power theft New Delhi, May 3 (PTI) The government is planning to introduce GIS mapping, smart meters and separate feeders for farmers across the country to check pilferage and aggregate...

Iran seeks USD 8-9 per mBtu for piped gas.
May 3, 2006... Iran seeks USD 8-9 per mBtu for piped gas New Delhi, May 3 (PTI) Iran is seeking 8-9 dollars per million British thermal unit (mBtu) price for the natural gas it wants to sell to Pakistan and India through a 7-billion dollar pipeline. ...

Nepal Govt, Maoists indulge in torture: UN expert.
May 3, 2006... Nepal Govt, Maoists indulge in torture: UN expert New York, May 3 (PTI) Nepal's government and Maoist rebels indulge in torture on a "systematic basis," a United Nations expert on torture has claimed. Briefing the Geneva-based...

Mphasis BFL ties up with Integrien Corp.
May 3, 2006... Mphasis BFL ties up with Integrien Corp Mumbai, May 3 (PTI) Mphasis BFL Ltd, IT and BPO services provider, has entered into a strategic partnership with Integrien Corporation to globally sell and implement the latter's management solutions....

Badminton: India's Thomas cup journey ends.
May 3, 2006... Badminton: India's Thomas cup journey ends Tokyo, May 3 (PTI) India bowed out of the Thomas Cup badminton championship today after losing 0-3 to European powerhouse Denmark at the quarterfinal stage. India were always expected to...

Telecom vendors ask BSNL to defer opening bids for GSM lines.
May 3, 2006... Telecom vendors ask BSNL to defer opening bids for GSM lines New Delhi, May 3 (PTI) State-owned BSNL may delay opening of financial bids for its 45.5 GSM line tender beyond May 10 as most of the telecom vendors have sought more time to...

iGate enters into strategic partnership with Owens Corning.
May 3, 2006... iGate enters into strategic partnership with Owens Corning Mumbai, May 3 (PTI) iGate Global Solutions Ltd today said it has entered into a multi-year strategic partnership with US-based Owens Corning for providing supply chain technology...

11 killed in coal mine gas deflagration in southwest China.
May 3, 2006... 11 killed in coal mine gas deflagration in southwest China Beijing, May 3 (PTI) Eleven miners have been killed when a gas deflagration ripped through an illegal coal pit in Yi-Hui-Miao southwest China. Rescue workers have found the...

AGRI-VEGETABLEPRICES.
May 3, 2006... AGRI-VEGETABLEPRICES Kolkata, MAY 03 (PTI) Following are the wholesale rate of Vegetables at the Kolay Wholesale Market here today : (RATES ARE IN PER 5kg) UNLESS STATED : Potato rs.600-620, Onion rs.450-500, Garlic rs.2500-3300, Ginger...

Uttam Galva hikes prices of HR and galvanised steel.
May 3, 2006... Uttam Galva hikes prices of HR and galvanised steel New Delhi, May 3 (PTI) Uttam Galva Steel today hiked the prices of hot-rolled steel by Rs 1,500 to Rs 1,700 a tonne and that of galvanised steel by Rs 2,000 a tonne, mainly due to rising...

Jaypee Group to acquire Gujarat Anjan Cement.
May 3, 2006... Jaypee Group to acquire Gujarat Anjan Cement New Delhi, May 3 (PTI) In its second takeover deal in four months, infrastructure major Jaypee Group has said it will acquire Gujarat Anjan Cement Ltd's 1.2 million tonnes cement plant in the...

Ganguly should take break and come back fresh: Srinath.
May 3, 2006... Ganguly should take break and come back fresh: Srinath Srinagar, May 3 (PTI) Former fast bowler Javagal Srinath today said international career of Sourav Ganguly was not finished yet and the ex-skipper of India should take a break to come...

Peres calls upon to 'squeeze a handshake' for peace.
May 3, 2006... Peres calls upon to 'squeeze a handshake' for peace Jerusalem, May 3 (PTI) Elderly statesman and Nobel laureate Shimon Peres has asked the Palestinians to lay down arms and "squeeze a handshake" for peace as Israel celebrates its 58th...

Areva India registers Rs 23.64 cr profit.
May 3, 2006... Areva India registers Rs 23.64 cr profit Chennai,May 3 (PTI) Areva T&D India Ltd, the Indian arm of transmission and distribution division of the global major AREVA, has registered a net profit of Rs 23.64 crore for the first quarter this...

PU makes anti-reactive drug for 'dithranol.
May 3, 2006... PU makes anti-reactive drug for 'dithranol Chandigarh, May 3 (PTI) Researchers at the Punjab University have discovered a drug that helps reduce side-effects of 'dithranol' -- a popular but reactive drug which is used for curing psoriasis,...

ADB to double credit to India by 2008.
May 3, 2006... ADB to double credit to India by 2008 Hyderabad, May 3 (PTI) The Asian Development Bank will double its lending to India to 2.65 billion dollar by 2008, the bank's President Haruhiko Kuroda said today. "ADB is proud of its commitments...