About us | Contact us | Advertising with us | Terms of use and privacy notice | RSS Feed RSS
Register here  | Login
businessnew24hr.com Texas Ventures
Environment
Top news
Paris has started two month long trials small electric cars that is available for hire in a car-sharing scheme. The plan is called “Autolib'” and hopes to herald a new era in transportation.
The four-seat car is a electrically driven with a top speed of 130km/h (80mph) and can travel 250 km on a single charge. It is available on yearly subscriptions and costs 144 Euros. A daily and weekly subscription costs 10 and 15 Euros respectively. Additionally, every half-hour of driving costs five Euros. Autolib' parent company, Bolloré Group, hopes run 3,000 cars by next summer.

image India falls short of coal production target
The country's domestic coal production fell short of target in 2010-11. Coal India missed its output target and produced 431.33 million tonnes (MT) of coal in 2010-11 against the revised target of 440.20 MT. This was due to environment ministry not allowing the expansion of projects falling in areas categorised as critically polluted under comprehensive environment pollution index (CEPI). In 2009, the Ministry of Environment and Forests (MoEF) had introduced the CEPI to categorise the environmental quality at given locations and conducted a nation-wide assessment of industrial clusters.

Be
image India to develop sixty solar cites under renewable energy propgramme
The Ministry of New and Renewable Energy is implementing a programme on ‘Development of solar cities’ which aims to reduce a minimum of 10% of the projected demand of conventional energy of the city through renewable energy installations and energy efficiency measures. Sixty cities are proposed to be developed as solar cities during the eleventh plan period including four model solar cities and 10 pilot solar cities. The master plan for each solar city is being prepared to assess and utilize various renewable sources including solar, wind, municipal waste etc.
image India invests heavily in wind and solar energy sector
A wind power capacity of 565 MW has been installed in India in the current year (upto July, 2011) with private sector investment of around US$ 738 million (Rs. 3,400 crore). This information was minister of new and renewable energy Dr.Farooq Abdullah in the parliament. He said the government is promoting wind power projects through private sector investment by providing fiscal and promotional incentives such as 80% accelerated depreciation, concessional import duty on certain components of wind electric generators and excise duty exemption to manufacturers.

He also said in another reply tha
image India added 1645 MW of new power from waste regeneration
India added 1645 MW of new power from waste regeneration against a target of 1700 MW in the 11th five year plan. The present installed capacity for generation of power from biomass including paddy husk and bagasse based cogeneration in sugar mills is 1045 MW and 1742 MW respectively. This was informed by Dr Dr. Farooq Abdullah, Union Minister of New and Renewable Energy in the parliament.

As per the National Biomass Resource Atlas prepared by the Indian Institute of Science, Bangalore under a project sponsored by the Ministry of New & Renewable Energy, the estimated power generation capacit
image India setting up five projects to recover energy from municipal solid wastes
Indian government is setting up of five new projects on energy recovery from municipal solid wastes. These projects are located in Uttar Pradesh, Andhra Pradesh and Delhi. The project in Uttar Pradesh will produce 5 MW power using biomethanation technology. The projects in Andhra Pradesh are based on refuse derived fuel combustion technology and will produce 12.6 MW power. The Delhi project is capable of producing 3.5 MW based on incineration technology. The programme provides for capital subsidy of Rs. 20 million per MW with on upper limit of Rs. 10 million per project.

This information wa
image Licence cancellation threat looms large over telecom operators for unutilised spectrum
The Telecom Regulatory Authority of India (TRAI) has recommended for cancellation of 53 licences of telecom operators due to their failure to start services. It is proposed to take final decision on recommendations of the TRAI after taking into consideration legal advice in this regard. This statement was given by Milind Deora, the Minister of State Communication and Information Technology in response to a question in the parliament. Earlier notices were sent to Aircel, Dishnet, Etisalat DB, Idea, Sistema Shyam, Spice and Vodafone for not utilising allotted spectrum.
See news archives
Dotnet Techy Professionals to Professionals
Economy
India's factory output crashes to 5.1 per cent for October month
India’s food inflation declines to 8 percent on account of low onion and potato prices
Indian to increase the Port Capacity by 236.63 million tons per year
Texas Ventures and CODISSAI organize Global Cluster Manufacturing Vision 2020 Conference
India’s factory output falls to 1.9 per cent in September
India’s food inflation continues double digit growth at 11.81 percent
Encourage private sector investments for power generation in 12th Plan: ASSOCHAM
India, China to be world’s largest trading partners by 2030 says India’s industry association ASSOCHAM
ASSOCHAM proposes strategy to achieve double digit growth in the Indian state of West Bengal
India’s domestic car sales takes downward trajectory, dips by 24%
Texas Ventures
Markets
Global stocks markets shaky even as Italy votes on austerity measures
Global stock markets uncertain amid reports of dwindling Italian economy and Eurozone crisis
Global stocks mixed even after France and Germany assure steps to recapitalize banks
US, Europe, Singapore, India stocks rise, Hong Kong and China decline
Stocks in China, Hang Kong fall, Singapore and Indian stock markets rise
US stocks end lower, European and Asian stocks close week on a high
Asian markets end mostly flat due to continued Eurozone crisis
European stocks lower in midday trading
Another lackluster day for Asian stocks markets amid Greek debt uncertainty
US stock markets fell sharply on fears of a Greek default
Kaspersky Anti-Virus 2011
Companies
Texas Ventures and CODISSAI organize Global Cluster Manufacturing Vision 2020 Conference
TCS wins $2.2 billion contract with Friends Life
India’s domestic car sales takes downward trajectory, dips by 24%
Vodafone beats analyst estimates, raises full year operating profits to £ 11.8 billion
Wipro Technologies wins IT engagement with Premier Foods of UK
Wipro named as one of the global top companies for Leaders by Aon Hewitt, The RBL Group and Fortune
KEC International adds new orders worth Rs. 400 crore
United Health Group selects HCL as a Preferred Partner for ICD-10 Transition
J Kumar Infraprojects wins Rs 600 crore new project
NTPC to provide O & M services for Siddhirganj Power Plant in Bangladesh
Lifestyle
Hilton opens new hotel in Delhi
A true American innovator – Steve Jobs (1955-2011)
Denmark to tax foods that are high in saturated fat
Paris begins trial of electric cars on sharing basis
CNG can save up to Rs. 8,000 in a month: ASSOCHAM
Zara benefits from global expansion, profits rise
Bosch Siemens launch home appliances in India
HTC unveils news smart phone Rhyme
DRDO launches herbal care product for leucoderma
Motorola Xoom update