New Aviation Policy To Magnetize $150 Bn Investments

Kolkata: The projected new civil aviation plan, being inspected by a ministers group, is looking to magnetize $150 billion of investment in the aviation segment.

Praful Patel, aviation minister said, “We hope to attract around $150 billion — both in terms of hardware and software. In terms of infrastructure, our target is to have at least 500 airports both big and small, with a total fleet of around 1,000 commercial aircraft in the next five years and around 1,500 aircraft by 2020.”

DaimlerChrysler India To Launch Luxury Buses Shortly

DaimlerChrysler Ltd.Kolkata: DaimlerChrysler India managing director and CEO Wilfried G Aulbur, stated that the company will start making its high-tonnage Actros trucks at its subsisting plant at Chikhali, Pune by the end of this current fiscal (2007).

Bin Laden Tape Surfaces again before September 11

Osama bin Laden
Al-Qaeda chief Osama bin Laden has termed the United States as "weak" in his new video which has appeared after three years. Osama also vowed to increase Al-Qaeda activities in many parts of the world, especially in Iraq. CIA Director Mr. Michael Hayden warned recently about plans of large-scale attacks of Al-Qaeda on US targets.

TCS Intends To Make Third Centre In China; To Appoint 4,000 More

Bangalore: TCSIn order to support its rising customer base in the country, Tata Consultancy Services (TCS) has

Wartsila To Create Assembling Unit In India

Wartsila CorporationHelsinki: Wartsila Corporation has planned to invest more than €5 mil

Maruti Wins Victory Over Its Indonesian Rivals

Maruti Udyog LtdNew Delhi: Maruti Udyog Ltd is ready to turn into big in the Indonesian small car market.

In the existing fiscal, the company has been capable of capturing around 60 per cent of the small car market in Indonesia with an export order worth 12,000 units, 1,000 units above what the company had told in June.

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