Leading railways equipment manufacturer, Bombardier Transportation, has decided to increase its presence in India. It would develop India as a metro car production hub for the Southeast Asian region, in the next 4-5 years.
The company launched a new railway vehicle-making facility at Savli, Vadodara in Gujarat. It would produce stainless steel car bodies and bogies and carry out final assembly at Savli plant. It would start operation very soon, after orders of Delhi Metro Rail Corporation (DMRC).
The apex bank and central government are worried about slowdown in industrial growth following international financial crisis. More monetary steps are expected by RBI in coming days including revision of key interest rates.
Global consultancy firm Dun and Bradstreet expects that Reserve Bank may cut CRR and Repo rate by 50 basis points to ensure proper money supply in country’s financial system. The central bank had already slashed Repo rate and CRR in its previous policy revision causing some stability in the monetary system.
At Sardar Patel Stadium, Lahore Badshahs defeated Hyderabad Heroes in the first final of the Indian Cricket League’s 20s tournament. Chasing a target of 171, Badshahs survived a middle-order collapse before reaching the target in 19.1 overs in the best-of-three finals.
Imran Nazir started beautifully with two sixes and three fours in 10 balls to amass 28 runs in two overs before getting out at the hands of Justin Kemp at mid-on on Abdul Razzaq delivery in the next over.
The 16th of November 2008 is the date for the Common Admission Test, a very challenging entrance examination for any graduate institute. All the prestigious IIM's along with other leading institutes like Kirloskar Institute of Management, Mudra Institute of Communication (MICA) Ahmedabad, Nirma Institute of Management, S.P. Jain Institute, TAPAI and several others, select candidates on the basis of CAT scores.
SKF 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.”
After his directorial debut, 'U Me Aur Hum', Ajay Devgan is now focusing on his second venture. Though the film should have already gone on the floors, it is taking longer than expected primarily because Ajay wants his film to be technically perfect and at par with international standards.
With his recent release, 'Golmaal Returns', turning out to be a runaway hit - doing good business in domestic as well as overseas market - Ajay is in high spirits.
Leading railways equipment manufacturer, Bombardier Transportation, has decided to increase its presence in India. It would develop India as a metro car production hub for the Southeast Asian region, in the next 4-5 years. 
The apex bank and central government are worried about slowdown in industrial growth following international financial crisis. More monetary steps are expected by RBI in coming days including revision of key interest rates. 
At Sardar Patel Stadium, Lahore Badshahs defeated Hyderabad Heroes in the first final of the Indian Cricket League’s 20s tournament. Chasing a target of 171, Badshahs survived a middle-order collapse before reaching the target in 19.1 overs in the best-of-three finals. 
The 16th of November 2008 is the date for the Common Admission Test, a very challenging entrance examination for any graduate institute. All the prestigious IIM's along with other leading institutes like Kirloskar Institute of Management, Mudra Institute of Communication (MICA) Ahmedabad, Nirma Institute of Management, S.P. Jain Institute, TAPAI and several others, select candidates on the basis of CAT scores. 
SKF 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. 
After his directorial debut, 'U Me Aur Hum', Ajay Devgan is now focusing on his second venture. Though the film should have already gone on the floors, it is taking longer than expected primarily because Ajay wants his film to be technically perfect and at par with international standards.
