Page-3 of Industry

Queensland clears Adani Group’s coal mining project

November 18, 2014

Australia’s Queensland state has cleared Adani group’s proposed plan to build a 7 billion dollar Carmichael coal mine. Queensland State has also announced a major investment in rail infrastructure to support the Indian conglomerate’s mega project. This announcement comes after ..

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India, South Korea sign MoU on railway technical cooperation

November 17, 2014

India and South Korea have signed a Memorandum of Understanding (MoU) to facilitate technical cooperation in Railway sector between the two countries. The MoU was signed in Seoul (South Korea’s Capital) between the Ministry of Railways, Government of India and ..

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India-Mexico sign pacts for space cooperation

October 24, 2014

India and Mexico have signed pacts to cooperate in the field of space technology. Joint Commission meeting The pacts were signed at the sixth session of the Joint Commission meeting between India and Mexico that was held in New Delhi. ..

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NPPA slaps penalty on Novartis for overcharging

October 15, 2014

The National Pharmaceutical Pricing Authority (NPPA) has sent a show cause notice to Novartis, imposing a fine of Rs. 300 cr for overcharging consumers. The drug in question, which Novartis has been accused of overcharging is Voveran. Voveran is painkiller ..

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Industrial Output slows down to five-month low of 0.4 per cent in August 2014

October 12, 2014

Industrial production growth has taken a hit from the contraction in manufacturing output and consumer goods sectors. The Index of Industrial Production (IIP) has shown a dismal rate of growth of 0.4%. IIP which is a measure of the short-term ..

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Chemical Industry in India

October 25, 2013

Chemical industry is one of the oldest industries in India, which contributes significantly towards industrial and economic growth of the nation. Since this industry has numerous forward and backward linkages, it is called the backbone of the industrial and agricultural ..