Japanese firm to invest $70 mn in new plant in Mexico
Tokyo, Feb 14 Japanese auto parts manufacturer Yorozu said Monday it planned to invest about $70 million to build a new plant in the central Mexican state of Guanajuato.
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Moscow to turn government offices into hotels
Moscow, Feb 14 In a bid to decongest the city centre, the Moscow city government plans to turn federal government offices based there into hotels after the offices move to outlying areas under a city expansion plan.
'More stringent laws against cartelisation needed'
Kolkata, Feb 13 Competition watchdog,he Competition Commission of India (CCI) is in favour of more stringent laws against formation of cartels as it affects consumers’ interest.
Pre-paid Airtel customers to get detailed bills now
New Delhi, Feb 13 Following the Indian telecom regulator's instructions, Bharti Airtel Monday launched an online self-care service to provide its pre-paid mobile customers details of their account including bills.
HCL bags deal from Norway-based Statoil
New Delhi, Feb 13 HCL Technologies Monday said it had bagged an infrastructure management services deal from Norway-based energy firm Statoil.
Obama presents budget plan
Washington, Feb 14 President Barack Obama presented Monday his budget plan for 2013, which calls for nearly $4 trillion in spending and aims to reduce the deficit from 8.5 percent of US gross domestic product to 5.5 percent.
Rationalise motor vehicle tax rates, urges minister
New Delhi, Feb 14 To reduce transaction and logistic costs in the transportation sector Road Transport and Highways Minister C.P. Joshi Monday urged state governments to rationalise motor vehicle tax rates to facilitate easy movement of vehicles across the country.
India, Asean want to 'connect' in the physical, virtual world
New Delhi, Feb 13 India and the Association of South East Asian Nations (Asean) Monday began their year-long engagement with a Delhi Dialogue, where leaders emphasised on increased connectivity, not just through physical movement of goods and people, but in the virtual world too through e-connectivity for better communication.
Kerala mulls tax concession on ayurveda medicines
Thiruvananthapuram, Feb 13 Kerala Chief Minister Oommen Chandy Monday said the government is considering tax concession on ayurveda medicines and other steps to promote the traditional system of medicine.
India, Pakistan to dismantle trade barriers (Round-up)
Lahore, Feb 13 Commerce Minister Anand Sharma, accompanied by business leaders of more than 100 Indian companies, Monday walked into Pakistan through the Wagah border, vowing to bring down barriers hampering trade and facilitate economic engagement between the two neighbours that would see bilateral commerce doubling to $6 billion in the next three years.