News - Industry

Actress Katrina Kaif Becomes India's Irresistible Chocolate Girl

Katrina Kaif, to an Indian Kashmiri Father and...

Katrina Kaif, born to an Indian Kashmiri Father and British mother, at Feltham '07 (Photo credit: Wikipedia)

New Delhi, April 27, 2012 (Washington Bangla Radio / In the latest development, S K Industries- a leading player to offer services in food processing and beverages has signed Katrina Kaif as the brand ambassador to endorse their newly launched chocolate product called ‘Choc On’. Katrina Kaif will feature in all the brand communication across the media.

'Solar' India

By M.V.S. Prasad
The author is Joint Director,  PIB, Chennai.

Chennai, India, April 27, 2012 (Washington Bangla Radio / PIB India) World's production and use of energy over the past two decades have shown striking changes.  Use of electricity has risen phenomenally resulting in a remarkable difference in the pattern of energy consumption. The initial options that we had for switching fuel resource presented larger challenges in terms of global warming coupled with almost dwindling fossil fuel resources.

Improving Energy Efficiency in India

Look for this Energystar Logo for more efficie...

Look for this Energystar Logo for more efficient Appliances (Photo credit: Wikipedia)

New Delhi, Apr 23, 2012 (Washington Bangla Radio / PIB India) Energy is one of the most sought after things in the present scenario and the same is true for India too. Nationally as well as internationally, keeping in mind the growing energy needs not only there is a need for resource augmentation but also concerted step needs to be taken to conserve energy. Energy conservation is also being encouraged at governmental levels as India is part of the consortium of nations trying to act against the threat of climate change and reducing the carbon footprint.  As a step towards this end, the Government of India has enacted the Energy Conservation Act in 2001. Over the past one decade, energy efficiency in India has been increasing at a good pace and energy intensity declined by about 20-25%. Yet, there are places where energy efficiency opportunities exist and hence can be implemented.

The Energy Conservation Act, 2001 is the most important multi-sectoral legislation in India and is intended to promote efficient use of energy in India. The Act specifies energy consumption standards for equipment and appliances, prescribes energy consumption norms and standards for consumers, prescribes energy conservation building codes for commercial buildings and establishes a compliance mechanism for energy consumption norms and standards.

Revival and Restructuring of Sick CPSEs of India

BSNL Headquarters

BSNL Headquarters (Photo credit: Wikipedia)

PIB Features, with inputs from the Ministry of Heavy Industries & Public Enterprises, Govt. of India

New Delhi, April 20, 2012 (Washington Bangla Radio / PIB India) For restructuring and revival of sick CPSEs some of the strategies adopted by the Government are - Financial restructuring, Business restructuring and Man Power Rationalization. Financial restructuring involves investment in CPSEs by the Government in the form of equity participation, providing  loan (plan/non-plan)/grants and/or write-off of past losses as well as changing the debt equity ratio.  Measures such as waiver of loan /interest/penal interest, conversion of loan into equity, conversion  of interest including penal interest into loan, moratorium on payment of loan/interest.  Government guarantee, sale of fixed assets including excess  land, sacrifices by State Government, one-time settlement with banks/financial institutions, etc. facilitating India manufactures to connect with customers in the west through its Supplier Discovery Tour in India

Mumbai, April 13, 2012 (Washington Bangla Radio), the largest global sourcing marketplace for the manufacturing industry, is conducting its Supplier Discovery Tour in India this week. Not only the RFQ (Request for Quote) values exceeding US $80 million are open to India suppliers who are capable to take new orders, but also buyers flying all over from USA to India are meeting India OEM manufacturers face to face in New Delhi, Mumbai, Ahmedabad and Chennai during the month of April 2012. The Tour comprises of Buyer Seller Meets & Seminars to enable Indian entrepreneurs to tap global business opportunities. The Mumbai Event is taking place on 17th April 20-12 at JW Marriott, Juhu.

The International Operations of Central Public Sector Enterprises (CPSEs) of India

Shipping Corporation of India

Shipping Corporation of India (Photo credit: Wikipedia)

PIB Feature, with Inputs from Ministry of Heavy Industries & Public Enterprises, Government of India

New Delhi, April 13, 2012 (Washington Bangla Radio / PIB India) The Central Public Sector Enterprises (CPSEs) are increasingly into ‘International Trade’ in goods and services, which has a bearing on the Balance of Payments of the country.  During the year 2010-11, as many as 140 CPSEs out of the 220 operating CPSEs either had foreign exchange earnings (FEE) or foreign exchange expenditure(FEE).  As many as 39 CPSEs were net foreign exchange earners.  Out of these 39 CPSEs, 10 CPSEs, namely, ONGC Videsh Ltd., Air India Ltd., National Aluminium Company Ltd., Airports Authority of India Ltd., Bharat Heavy Electricals Ltd., Shipping corporation of India Ltd., Kudremukh Iron Ore Company Ltd., IRCON International Ltd., Cochin Shipyard Ltd. and RITES Ltd. earned net foreign exchange of more than Rs. 200 crore during 2010-11.

Foreign Exchange Earnings

15 CPSEs namely, Indian Oil Corporation Ltd., Mangalore Refinery & Petrochemicals Ltd., Bharat Petroleum Corpn. Ltd., Bharat Heavy Electricals Ltd., Air India Ltd., ONGC Videsh Ltd., Hindustan Petroleum Corpn. Ltd., Oil & Natural Gas Corporation Ltd., Shipping Corporation of India Ltd., MMTC Ltd., National Aluminium Company Ltd., Ircon International Ltd., Airports Authority of India Ltd., PEC Ltd. and  Air India Charters Ltd. had gross foreign exchange earnings of more than Rs. 1000 crore, during 2010-11.  Out of these fifteen CPSEs namely, Air India, BHEL, ONGC Videsh, NALCO, SCIL, IRCON International Ltd. and Airport Authority of India Ltd. have been net foreign exchange earners.  Hindustan Petroleum Corpn. Ltd. and PEC Ltd.  have shown reduction in their foreign exchange earnings during 2010-11.  The remaining CPSEs have  had foreign exchange expenditure more than their foreign-exchange earnings.  This is particularly so in the case of Oil Marketing Companies (OMCs).

Mega and Major Projects in India under Implementation by CPSEs

New Delhi, April 12, 2012 (Washington Bangla Radio / PIB India) A few major projects currently underway in India, as published in a PIB feature with Inputs from the Ministry of Heavy Industries & Public Enterprises, Government of India.

Design Clinics Scheme for Design Expertise To MSMEs Of India's Manufacturing Sector

PIB Features
With Inputs from the Ministry of Micro Small and Medium Enterprises, Govt. of India

  • The total scheme budget is Rs.73.58 crore, out of which Rs.49.08 crore will be the Government assistance and the balance amount will be contributed by the beneficiary MSMEs.
  • About 200 clusters will be covered under the scheme.

The R-APDRP - Restructured–Accelerated Power Development and Reforms Programme of India

English: Logo of Power Finance Corporation.

Image via Wikipedia

PIB Features
With Inputs from the Ministry of Power

New Delhi, March 15, 2012 (Washington Bangla Radio / PIB India) Power sector is important not only because it impacts the quality of lives of a large section of population but also affects the growth and development of other sectors such as industry, agriculture, transport, health and education.  Power is an expression of development and a medium of transformation. It helps advance a nation from an underdeveloped to developing to a developed one.

With the advent of globalization, the emphasis is on efficiency and customer satisfaction. There is a demand for quality services with stress on transparency and reliability in delivery of the services. The power sector reforms aim at achieving high customer satisfaction with the provision of uninterrupted quality power supply. However, the sector faces a number of challenges.  Some of the problems faced are old worn-out and poor distribution network. The tariff structure is skewed. There exist huge transmission and distribution losses due to theft and unmetered supply.

Global Advertisers partners with Kinetic to launch study on OOH industry

Mumbai, Feb 29, 2012 (Washington Bangla Radio)   Global Advertisers has partnered with Kinetic Worldwide, a WPP Group agency that specializes in planning and buying of out of home media, along with exchange4media group publication Impact, launched New research study on 28th February at the Westin Hotel, Mumbai.

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