FDI projects worth Rs 796 cr cleared
The government on Friday approved 49 proposals worth Rs 796 crore forforeign direct investment (FDI) including that of the UK-based Taj Telephone& Cable Ltd for venturing into the telecom sector and Caltex LubricantsIndia Ltd for setting up infrastructure projects. Commerce and IndustryMinister Murasoli Maran approved the cases on the basis of recommendationsmade by the Foreign Investment Promotion Board.PM promises mission for IT education
Prime Minister AB Vajpayee said on Friday that the government would soon setup a national mission for technology education in a bid to ``dramatically''increase the number of highly-trained professionals in informationtechnology and other areas of engineering and management. Addressing thestaff of Infosys in Bangalore, he assured the IT industry that many moreinitiatives would be taken by the government to improve the infrastructurefor the IT industry.
Golden Peacock award for Kumar Mangalam Birla
The Institute of Directors has conferred the Golden Peacock Award forBusiness Leadership for the year 2000 on Aditya Birla Group chairman KumarMangalam Birla. The award was handed over to Mr Birla in Delhi by JusticeAhmadi.
Construction industry to boycott GACL, Grasim
The ongoing cement saga has taken a twist with the construction industrytaking a decision to boycott cement purchases on an all India basis fromGujarat Ambuja and Grasim with immediate effect.
HLL ropes in MindShare
Hindustan Lever Ltd (HLL) has assigned the media planning and buying of allits brands to MindShare, a part of the WPP group.
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