SKF to pump Rs 150 crore on the setup of new facility

SKF to pump Rs 150 crore on the setup of new facility World number one bearings maker SKF plans to invest Rs 150 crore in a new ball bearings manufacturing plant at Haridwar, located in the northern state of Uttarakhand.

The proposed plant at Haridwar would be company's fifth unit in the country, which will supply products to companies like Hero Honda, Bajaj Auto, Tata Motors, Ashok Leyland and Mahindra & Mahindra.

In addition, the facility will also supply ball-bearings to Tata Motors for its Pantnagar plant and Bajaj Auto for its Rudrapur facility at a later stage.

Uttarakhand voters face an uncertain future over domicile status

UttarakhandHaridwar, Apr 14: Despite having voting rights, millions of voters in Uttarakhand are facing an uncertain future over the domicile issue.

The Election Commission (EC) has given nearly four million voters voting rights, but people are still unclear about their domicile rights.

Swami Chimianand, the coordinator of Jan Manch (a Non-governmental organization), said the domicile issue would lead to problems in day-to-day life.

Dalai Lama lauds principle of non-violence

Dalai Lama lauds principle of non-violenceHaridwar, Apr 2 : Tibetan spiritual leader the Dalai Lama lauded the principle of non-violence, propagated by Mahatma Gandhi, terming it as essential in today''s world.

"The concept of non-violence is relevant in today''s world. Today''s world, where there is lot of division, lot of hatred, including terrorism, in such a world, we really need the concept of non-violence. It is very essential," he said in an address to a gathering of religious leaders here.

Mauritian President denounces terrorism

Haridwar, Dec 18 : Mauritian President Anerood Jugnauth, who is currently on a visit to India, has condemned terrorism and terror activities terming it as a barbaric act, which should be fought.

Speaking to mediapersons on Wednesday at Haridwar where he had gone to offer prayers, Jugnauth said that terrorism is a barbaric act which indiscriminately kills the innocents.

"Who will like terrorism, nobody except the terrorists? We condemn it, it is barbarous, it is horrible, taking away lives of innocent people. I think the world should unite to fight this heinous crime and get rid of terrorism once for all," he added.

Accompanied by Haryana Chief Minister Bhupinder Singh Hooda, Jugnauth also met yoga guru Baba Ramdev.

SKF postpones Rs 150 crore Plant at Haridwar

SKF postpones Rs 150 crore Plant at HaridwarSKF India, the largest supplier of automotive bearings, has announced the postponement of its new manufacturing facility at Haridwar, which was to be set up at a cost of Rs 150 crore. 

Rakesh Makhija, Managing Director, SKF India stated “We have decided to postpone work at the Haridwar plant due to a slowdown in market demand. However, there is not much impact on the demand for industrial products and our Rs 300-crore investment in the other plant at Ahmedabad, which will make equipment for the industrial sector, is on track. The plant will be operational next year.”

Security beefed up in Haridwar ahead of monsoon festival

Haridwar, July 18 : Security has been beefed up in Haridwar ahead of the ''Monsoon Festival'' during which thousands of pilgrims set out to carry water from the river Ganges to offer it to temples