Haldia Petrochemicals talking to RIL for market segregation
Kolkata, Aug 19 Haldia Petrochemicals Ltd (HPL) is trying to enhance its focus on the eastern market along with widening its product range by including low-density polyethylene (LDPE), said a company official Friday. It is also in talks with Reliance Industries Limited for market segregation.
“Fundamentally we are trying to move the market to the east and try selling less in the west. By selling in the west we lose $60 per tonne because of freight charges. We are the market leader in the east with 50 percent market share. Why not increase it to 80 percent?” HPL managing director P.S. Bhattacharyya said here.
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TCS arm targets $1 bn revenue by 2015
New Delhi, Aug 19 India’s largest IT services firm Tata Consultancy Service (TCS) Friday said iON — its integrated information technology solution for small and medium business (SMB) — targets a revenue of $1 billion in the next five years.
iON provides on-demand business solutions using cloud computing technology and was launched in the national capital region Friday.
“This is a segment where no one else has focussed on. iON will provide SMBs access to world-class, simple-to-use and scalable technology tools,” said Venguswamy Ramaswamy, global head, iON, TCS.
The company also said that it wants to ramp up over 1,000 customers this year. It currently has over 240 customers across the country.
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State run firms become largest in terms of market capitalisation
Mumbai, Aug 19 State-run companies Coal India and ONGC Friday became the most valuable companies by market capitalisation, with the public-owned oil and gas major pushing Mukesh Ambani-led Reliance Industries (RIL) to third spot in Friday trade.
Coal India was still the most valuable company, having pushed RIL to the second spot earlier in the week. Coal India’s market capitalisation stood at Rs.2,48,896 crore about an hour before end of trade Friday .
ONGC overtook RIL around noon with a market capitalisation of Rs.2,37,757 crore, while the Mukesh Ambani company’s valuation slipped to Rs.2,37,045 crore.
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New Delhi, Aug 19 India is likely to set a target of 9 percent economic growth during the 12th Five Year Plan, that runs from 2012-13 to 2116-17, when Prime Minister Manmohan Singh chairs a meeting of the full Planning Commission here Saturday.
“We are in favor of choosing a 9 percent economic growth,” Planning Commission Deputy Chairman Montek Singh Ahluwalia told reporters here, ahead of the meeting, called to consider the approach paper of the next five year plan.
The prime minister is the plan panel’s chairman.
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General Knowledge Questions and Answers – Sports (5-1-10). Answers are given at the end of the post.
1. Who has taken over as the Director of Operations at the Bangalore based National Cricket Academy in place of his predecessor Dave Whatmore who joined IPL team Kolkata Knight Raiders recently?
(a) Kapil Dev
(b) Madan Lal
(c) Sanjay Manjrekar
(d) Sandeep Patil
(e) Karsan Ghavri
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General Awareness Q and A – Answers given at the end of this post
1. Area wise, which one of the following is the largest Lok Sabha constituency?
a. Kutch
b. Kangra
c. Ladakh
d. Patna sahib
2. Indian Military Training Team (IMTRAT) imparts training to army officers of
a. Nepal
b. Bangladesh
c. Maldives
d. Bhutan
3. The tourism phrase Paradise Unexplored refers to
a. Jammu and Kashmir
b. North-east India
c. Chhattishgarh
d. Uttarakhand
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Other awards and prizes
Awards and Prizes 2008-2009 – Magsaysay awards 2009, Jnanpith award, Miss Universe 2009,Miss India worldwide,Femina Miss India 2009,Man Booker Int’l, 2009, Green energy prize, Jamnalal Bajaj awards, Indira Gandhi award for national integration, Padma Vibhushan, Padma Bhushan, Padma Shri
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Nobel Prizes 2008 – Awards, Honours and Prizes Nobel Prizes 2008 Chemistry, Medicine, Economics, Literature, Peace
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81st Annual Academy Awards (The Oscars)
| Best Picture |
Slumdog Millionare |
| Best Director |
Danny Boyle |
| Best Actor |
Sean Peen in Milk |
| Best Actress |
Kate Winslet in The Reader |
| Best Supporting Actor |
Health Ledger in The Dark Night |
| Best Supporting Actress |
Penelope Cruz in Vicky Cristina Barcelona |
| Best Foreign Language Film |
Departures (Japan) |
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News Calender
1 July: Sweden assumes the rotating presidency of the European Union, The largest commercial satellite ever built – the massive TerreStar-1 – launched into space, riding a European-built rocket into orbit
2 July: In a historic judgment, the Delhi high court decriminalizes homosexuality by striking down section 377 of the Indian Penal Code, Noted artist Tyeb Mehta, who holds the record for the highest price an Indian painting has ever sold in a public auction, dies at his residence in Mumbai, Union Cabinet clears the Right to Education Bill, The government approves signing of a Comprehensive Economic Partnership Agreement (CEPA) with South Korea paving the way for an eventual duty free trade of goods and services between the two countries, Jharkhand is set for the second six-month spell of President’s rule with the union cabinet deciding to recommend its extension beyond 18th July
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