New Delhi Television (NDTV) has decided to launch more television channels, both nationally and internationally.
While talking at the launch of ‘MetroNation,’ NDTV’s 5th channel in the country, Prannoy Roy, chairman, stated, “By this year, or financial year end, there will be more channels from NDTV.”

Mumbai: Hanung Toys & Textiles Ltd has pocketed Rs 200 crore export order for home furnishings from a leading US buyer.

For exporting home furnishing to the extent of around Rs 200 crore, the New Delhi-based company has signed up the export order deal with the company.

New York: While lecturing at the Pravasi Bharatiya Divas, a yearly event organised by the Ministry of Overseas Indian Affairs to bring the Indian Diaspora together, Kamal Nath, minister for commerce and industry said, “The Indian IT business has been pampered for a long time. There is a disconnection between the IT sector and the rest of India.”

While responding a question asked by a delegate at the meeting on how the Indian IT businesses will expand post 2009 when the tax benefits the industry presently enjoys are inhibited.

Mumbai: In order to promote its subsisting refineries, Indian Oil Corp. Ltd (IOC) has decided to invest Rs 43,250 crore by 2011-12.

The India’s biggest public sector oil marketer will utilize funds primarily to increase annual refining capacity to around 80 million tonnes by the next five years.

IOC will also establish refineries and petrochemical plants, and explore for acquirements out of the country in the next five years.

As the demand for coal increases in the country, Coal India Ltd is looking at importing coal to cater the domestic market. As per the industry resources, the rise in demand is due mainly due to coking coal. The country is falling short by 4-5% of the actual demand of coal.

Coal India is looking at Thai, Australian and Indonesian coal fields for importing non-coking coal. Steel companies import coal on their own.