India Business News
Over six million trucks went off roads across India in the early hours of Monday, a day after talks with the government over their demand to reduce prices of diesel and tyres failed. Traders voiced fears of food shortages as the indefinite strike started.
Over six million trucks went off the roads across India at midnight as transport operators started an indefinite strike to press their demand for cheaper disel and tyres. Traders immediately raised fears of shortages, especially of food.
Quippo Telecom Infrastructure Ltd (QTIL) has picked up a 49 percent stake in Wireless Tata Telecom Infrastructure (WTTL), Tata Teleservices' tower arm, a company official said Monday.
India's flagship carrier Air India has handed 10 air hostesses the pink slip for being overweight.
With truck operators beginning their nationwide strike, shortage of vegetables and other essential commodities is expected in markets across India.
Indian equities markets opened higher Monday, with a key index moving past the psychologically important 10,000-mark after gaining 1.51 percent over its previous close.
India is planning to hoist the tricolour on the moon by 2020, a space agency official said here Sunday, adding that the country's first manned flight into space was also on cards by 2015.
Former president A.P.J. Abdul Kalam has cancelled his scheduled visit to Meghalaya to inaugurate the Children's Science Congress for health reasons.
Vijay Mallya-led Kingfisher Airlines will launch its daily non-stop Mumbai-London flight from Monday.
Fog continued to play havoc with the air traffic in the capital Sunday, with 18 flights delayed, 17 cancelled and 10 diverted at the Indira Gandhi International (IGI) Airport, officials said.
Truckers across the country will go on an indefinite strike from Sunday midnight as talks between transporters and government officials failed to yield any results.
Telecom operator Reliance Communications (R-Com), belonging to the Reliance Anil Dhirubhai Ambani Group (R-ADAG), Sunday launched its much-awaited GSM mobile telephone services here.
India, along with China, Russia and South Korea, would emerge stronger from the global financial crisis as they enjoy strong economic foundations, higher growth rates and sound monetary policy measures, according to an industry lobby survey.
Authorities in West Bengal Sunday began culling operations in the bird flu-hit Darjeeling and Siliguri subdivisions, officials said.
Aggressive pricing by Chinese exporters, coupled with lack of credit flow and cancellation of orders, is crippling India's exports, which may go down further in the first half of 2009, said an industry lobby survey, released here Sunday.

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