INTERNATIONAL Nepal to sell up to 49 per cent of national airline Nepal plans to sell-off up to 49 per cent of its flag carrier Royal Nepal Airlines to either private
investors or a joint venture partner.
NATIONAL Mahindra to survey China for export potential Chennai: Mahindra and Mahindra Ltd will be shortly conducting a market study of China with a view to explore export possibilities in that country, a top executive of the company said.
India posts 5.4 per cent economic growth in 2001-02 New Delhi: Beating all projections of a downslide, India posted a modest 5.4 per cent economic growth during 2001-02, as opposed to 4 per cent growth rate recorded in the previous fiscal, mainly on the strength of good showing by the agriculture and financial sectors.
Vietnam, tough competitor for India's cashew trade Kochi: For years, traditionally India's competition in cashew kernels was from Brazil, which was the birthplace of the product, but the recent trend shows that Vietnam is emerging as a major competitor in this sector, according a top official of the Cashew Export Promotion Council (CEPC) of India.
Armed with ISO, L&T all set to hit global market Chennai: Larson and Toubro ltd, India's largest engineering and construction conglomerate, said it planned major forays into the highly competitive global construction market armed with the recently awarded ISO certification.
VSNL suffers setback on BSE due to WorldCom fiasco Mumbai: The SENSEX opened firm and later improved further in line with a fresh rally in select stocks at early stages on the Bombay Stock Exchange (BSE) on June 28 on continued buying support from investors.
WorldCom scam may cost VSNL Rs 500 cr loss New Delhi: Videsh Sanchar Nigam Ltd (VSNL) faces payment default that may go upto Rs 500 crore with its international partner US telecom major WorldCom admitting to an accounting fraud of $ 4 billion raising fears of bankruptcy.
