Netherlands looking at industrial design to promote India tiesSeptember 24th, 2009 ROTTERDAM - The Netherlands will focus on industrial design at the "Design Cross-over Rotterdam" conference here Friday to promote India-Dutch collaboration, the European nation's India desk said Thursday. "The roundtable conference in Rotterdam shall open doors to opportunities between Rotterdam and India in integrated and sustainable design and the related design sectors," the Netherlands India desk said in a statement.
British insurer Aviva reassures on profits despite slashing dividend; shares up 6 percentAugust 6th, 2009 British insurer Aviva reassures on profitsLONDON — British insurer Aviva PLC saw its share price spike around 6 percent Thursday despite slashing its dividend as the company posted better than expected results and announced plans to float off its Dutch unit to raise more money to shore up its balance sheet. Aviva said it made a net profit of 747 million pounds ($1.27 billion) in the first half of the year, in contrast to an 84 million pound loss in the same period of 2008 as margins in the life and pensions business improved.
India, China not rivals, but partners: KrishnaJuly 22nd, 2009 PHUKET - Setting aside recent strains in bilateral ties, India's External Affairs Minister S.M. Krishna held his first meeting with his Chinese counterpart Yang Jiechi and stressed that India and China are not rivals but partners in an emerging Asia.
Sachin Pilot visits Delhi, NCR post offices to see upgradationJuly 21st, 2009 NEW DELHI - Minister of State for Communications and Information Technology Sachin Pilot Tuesday visited post offices in Delhi and NCR which had undergone upgradation under Project Arrow. He visited Patparganj post office for inspection and Ghaziabad head post office for interacting with its staff.
Western firms shutting shop in India: WSJJune 8th, 2009 WASHINGTON - Many Western companies have recently sold or closed back-office facilities in India, reversing a decade-long trend as companies look to slash costs and eliminate headaches during the recession, according to the Wall Street Journal. Citigroup Inc.
Warming India-US ties will not alter with change in governmentApril 24th, 2009 NEW DELHI - India-US relations that have warmed up considerably over the past few years are not dependent on a change in government in either country, US Deputy Chief of Mission Steven J. White said here Friday.
CII India Business Forum launched in ChinaApril 16th, 2009 NEW DELHI - The Confederation of Indian Industry (CII) Thursday launched an India Business Forum (IBF) in China, a lobby to promote bilateral trade and economic cooperation between the two countries. The IBF will act as a forum for promoting India-China trade through collective and consensual approach and will also work with the Indian embassy in Beijing and others towards 'building brand India', the CII said in a statement released here.
No slowdown in India Post's insurance businessMarch 31st, 2009 CHENNAI/CHANDIGARH - Officials at the India Post Insurance Directorate, the insurance arm of India Post, are upbeat about business prospects, while the rest of the industry is struggling to cope with a slowdown. The two major schemes of the company - postal life insurance (PLI) and rural postal life insurance (RPLI) - are logging good growth despite bad economic sentiments, the officials said.
Diamonds to add more lustre to India-Africa tiesMarch 24th, 2009 NEW DELHI - In a step that is set to add extra shine to bilateral ties and help the African diamond industry move up the value chain, India is planning to set up diamond cutting and polishing institutes to train Africans. 'As part of our philosophy of sharing our knowledge with others, and in pursuance of our policy to increase capacity building in Africa, my government has favorably considered the request of some African countries to set up diamond cutting and polishing institutes for training of their personnel in cutting and polishing skills,' External Affairs Minister Pranab Mukherjee said here Monday.
India, Africa to beef up business tiesMarch 23rd, 2009 NEW DELHI - Over 400 delegates from African countries are participating in a three-day India-Africa business conclave that started here Sunday, seeking ways to boost bilateral economic ties, an industry lobby said. The major focus of the fifth CII-EXIM Bank Conclave on India-Africa Project Partnership is infrastructure development in Africa, and both sides are also seeking enhanced ties to beat the effect of the slowdown, the Confederation of Indian Industry (CII), one of the organisers of the event, said.
India to deepen ties with regional groups in AfricaMarch 23rd, 2009 NEW DELHI - India continues to remain a 'reliable partner' of Africa and is looking at deepening relations with regional groups in the continent, a senior Indian diplomat said here Monday. 'India has been and will always remain a reliable partner for Africa,' Nalin Surie, secretary (west) at the ministry of external affairs, said at the first day of the CII-Exim Bank conclave on India-Africa project partnership 2009.
No uranium sales unless India signs NPT: AustraliaMarch 20th, 2009 CHANDIGARH - Despite the Nuclear Suppliers Group (NSG) nod for the historic India-US nuclear deal, Australia, one of the world's largest producers of uranium, is unwilling to export it to India unless New Delhi signs the Nuclear Non-Proliferation Treaty (NPT), the country's envoy says. 'The NSG decision cannot affect our policies and decisions.
India, Canada agree to strengthen business tiesJanuary 20th, 2009 NEW DELHI - India and Canada have decided to strengthen business and trade ties that will open fresh opportunities 'for our respective business communities', Commerce and Industry Minister Kamal Nath said Wednesday after holding talks with Canada's Minister for the Asia-Pacific Gateway Stockwell Day here. The two leaders also agreed to take forward talks for the proposed comprehensive economic partnership agreement.
Kazakh president comes to India Jan 23, n-deal on the wayJanuary 13th, 2009 NEW DELHI - India and Kazakhstan are set to invigorate their ties when they sign a nuclear pact and other economic agreements during the four-day visit of the energy-rich Central Asian country's President Nursultan Nazarbayev that begins Jan 23. 'The visit will further consolidate and provide fresh impetus to the bilateral relations,' the external affairs ministry said here Wednesday while announcing his visit.
'Trade ties with India to improve during Kazakh president's visit'January 9th, 2009 NEW DELHI - Trade ties between India and Kazakhstan are headed for a major boost during President Nursultan Nazarbayev's visit to New Delhi, scheduled later this month. Kazakhstan's Deputy Minister for Trade and Industries Zhanar S.