A week before Prime Minister Manmohan Singh is scheduled to leave for Japan, his principal secretary TKA Nair was in Chennai on May 20 to hold discussions with State and Central government agencies to help speed up high-cost road and bridge projects, especially the Ennore-Manali road improvement project (EMRIP), by the end of the year.
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ANA intends to be next gateway carrier for India
Now Japan's All Nippon Airways (ANA), which has declared its ambition of becoming the next gateway carrier for India, is aiming to scoop up US-bound passengers and taking them to their destinations via its transit hub in Tokyo. In the near future, All Nippon Airways (ANA) not only plans to add a couple more Indian cities to its network, but also quadruple capacity to Mumbai, where it has daily flights.
Assocham suggests exclusion of Japan, Korea from FTA
Industry body Assocham said that companies in Japan and Korea are flooding the Indian market with their steel products and hence these products must be excluded from the ambit of FTA with these nations. The body alleges that the companies from these two nations are taking advantage of concessional duty rates at the cost of
Japan to build up world's largest offshore wind farm
Japan is to build the world's largest offshore wind farm to replace the crippled nuke plant at Fukushima following the 2011 Fukushima nuclear disaster. The country plans to build a total of 143 wind turbines on platforms 16 km off the coast of Fukushima by 2020, which is home to the stricken Daiichi nuÂclear reactor that hit the headlines in March 2011 when it was damaged by a severe earthquake and tsunami.
Contract opportunities in LPG sector
According to a government report, India is the fourth largest consumer of liquid petroleum gas (LPG) in the world after USA, China and Japan and the consumption grows steadily at 8 percent per annum. It is the third largest consumer of LPG in domestic sector in the world after China and the USA. Domestic sector is the major market of LPG in the country.
Japan to announce more loan for corridor project
Japan Prime Minister Yoshihiko Noda informed that the country would announce the second round of loans under Overseas Development Assistance (ODA) for the second phase of the Dedicated Freight Corridor and a third infrastructural project in South India, reports suggest. Noda has reportedly informed this to Prime Minister Manmohan Singh when the two leaders met on the sideli
ONGC to sell stake
ONGC will shortly farm out nearly 26 per cent stake in its KG-DWN-2004/6 block in the Krishna-Godavari basin to Japan’s Inpex Corporation.
Nomura CEO quits
Nomura Holdings Inc CEO Kenichi Watanabe resigned over a widening insider trading scandal and will be repÂlaced by company veteran Koji Nagai, as Japan’s top investment bank warned additional cases could come to light.
AAI to install advanced system in all airports
In order to enable better management of air traffic, AirÂports Authority of India (AAI) will install satellite-based navigaÂtion system in all airports in the country by June 2013.
Japan keen to support Delhi Metro for Phase IV
The Delhi Metro’s expansion plans got a boost with Japan keen to participate in its future projects as well as carry out feasibility study for the capital’s mono rail systems and urban transportation.