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Leading European wine maker eyes Indian joint venture

Leading European wine maker eyes Indian joint ventureNew Delhi, Nov 10 : The German wine-maker, Langguth Wine and Spirits, is looking for an Indian partner to set-up a joint venture in the country.

Helmut G Seibert, the Executive Director of the company reveals, "Yes, this is one point we are thinking at the moment. We look at the growing wine culture in India."

Though, he declined to reveal other details, "At the moment, this year…it''s little bit early to say anything more about it but possibly next year, we''ll be able to tell more on this."

Vice President arrives in Maldives

hamid ansariMale, Nov 10 : Vice President Mohammad Hamid Ansari has arrived in Maldives’ capital Male on a two-day visit, where he will represent India at the swearing-in ceremony of the newly-elected President of Indian Ocean Island Republic, Mohammed Nasheed on Tuesday.

Forty-one-year-old Nasheed was elected as the President of Republic of Maldives in the first ever multi-party Presidential elections held on October 28, this year. He defeated Maumaoom Abdool Gayoom, who was undisputed ruler of the Maldives for 30 consecutives years.

Today, Ansari will take part in the reception hosted by the Indian High Commission.

Kyoto Prizes awarded to philosopher and scientists

Kyoto Prizes awarded to philosopher and scientists Kyoto - The 24th Annual Kyoto Prizes, Japan's highest private awards for lifetime achievement, were awarded to three North Americans on Monday, said the Inamori Foundation.

The three were recognized for their contributions to computerized problem solving; understanding how cancer cells form and grow; and developing a more peaceful world by promoting harmony among diverse cultures.

Brussels considering "small" loan to Iceland

EU to hold special financial summit on November 7 Brussels - The European Commission said Monday it was considering lending a "small" amount of money to cash-strapped Iceland, but only after its government resolved its disputes with European Union member states such as Britain.

"The commission plans to propose to the member states and the European Parliament macro financial assistance in the form of loans, supplementing a program by the International Monetary Fund (IMF)," said Johannes Laitenberger, spokesman for the EU executive in Brussels.

Zimbabwean bishop wins Swedish prize, expresses concern over impasse

Deadly cholera outbreak: Zimbabwe's latest afflictionStockholm - An Anglican bishop from Zimbabwe on Monday expressed grave concern over the situation in his country, sentiments that were echoed by a Swedish cabinet minister.

"It is like a war, in the sense that there is total absence of peace," Bishop Sebastian Bakare told Swedish radio news.

Bakare was in Sweden to accept the Per Anger Prize, a human rights prize for his efforts at fighting oppression.

China calls on the US for more action to deal with financial crisis

German & China FlagBerlin - China called Monday on the US to step up moves aimed at dealing with the consequences of the world financial crisis.

"We need help from everyone to cope with the financial crisis," said Chinese Trade Minister Chen Deming in Berlin following a meeting with German Economics and Technology Minister Michael Glos.

But Chen called on the US to take more action to deal with the crisis that was triggered by a meltdown in the US mortgage market with the Chinese Trade Minister saying every nation needed to implement its own measures.

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