The government is finalizing a scheme to compensate Lebanese manufacturers for a portion of the direct material losses sustained by hundreds of factories during last year's war with Israel, after negotiations between Prime Minister Fouad Siniora and local industrialists at

The time and cost to register a business in Lebanon should be reduced by as much as 40-50 percent by the end of this year, according to a plan endorsed by the Economy Ministry on Tuesday. Economy Minister Sami Haddad

WNS, for instance, has 1,200 people in Nashik, a tier II city. It is looking at expanding its presence in tier II cities.

In a bid to increase its sales from rural India, the country's largest car maker, Maruti Udyog Ltd, is offering over 2.1 million functionaries in panchayats (local self-governing bodies in villages) its cars at special discounts.

Prem Mehta, CMD, Lintas India said both parties had reached a mutual agreement and the case was now awaiting the approval of the Foreign Investment Promotion Board.

Sources close to the development said the chairmen of both banks would meet shortly, after which the matter would be taken up by the respective boards and employees would be consulted.

The Sun, the flagship publication of Murdoch's News Corporation, is in talks with Maran's Sun group to launch an English tabloid in the country.

Former Karnataka Minister H N Nanje Gowda on Tuesday filed a private complaint against Infosys chief mentor N R Narayana Murthy in a local court for allegedly showing disrespect to the national anthem during President A P J Abdul Kalam's

A steady rise in the global prices of crude oil has led to a spurt in India's crude oil import bill. It increased over 24 per cent to $48.1 billion in 2006-07.

Fears of the Indian rubber market over Futures trading well prominently figure in the World Rubber Summit to be held in Bangkok from May 14 to 18.

India's leading commodity bourse - the Multi Commodity Exchange - has tied up with the US-based Institute of Financial Management to conduct training programmes on futures and options across the country.

The cardamom farmers in Kerala are facing a bleak future this season. An extreme four-month dry spell has damaged at least 40 per cent of the cardamom plants in Kerala's hilly Idukki district.

Following a huge fall in chana production this year, the Centre is set to import more pulses.

While Global Warming has been talked about for some years now, most of us haven't taken it seriously.

Cashew growers can soon expect some positive changes in cashewnut trade following the formation of a global alliance on this front.

The modernised Indian diesel-electric submarine Sindhuvijay will be floated today by Zvezdochka shipyard at the Russian northern port of Severodvinsk.

American cult bike maker Harley Davidson, which last week criticised the 'daunting trade barriers' imposed by India, said on Tuesday it was still keen on entering the country but wanted some tax concessions.

NRI industrialist Lord Swraj Paul is the second richest British Asian with business interests largely based in the UK, next only to Mike Jatania, head of the Lornamead cosmetics group.

The government on Tuesday ruled out setting up an IIT in Orissa, saying it has already approved three such institutes in Bihar, Andhra Pradesh and Rajasthan.

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