Popular Articles

IOL Netcom gets board nod to raise Rs 1,250 cr
Internet services provider IOL Netcom today said its board has approved to raise Rs 1,250 crore by various funds raising options.

Satyam gets notices for Rs 1,230 cr worth claims
Mahindra Satyam today said it has received legal notices for claims totalling Rs 1,230.40 crore from as many as 37 companies, to whom it has replied terming these claims as "legally untenable".

News of the day

S Kumars Nationwide FY'09 net at Rs 60 cr
Textile company S Kumars Nationwide today said its net profit stood at Rs 60.09 crore for the year ended March 31, 2009, while it had a net profit of Rs 178.13 crore in the same period previous fiscal.
International Business

Yemen for more Indian investments

Yemen has sought an increase in Indian investments in the areas of trade, especially in industrial, fishery, tourist sectors. - Vegetable oil imports up 70% in Nov-May "09 - UPDATE:China doing copy cat in Indian handicrafts, say exporters - "Allowing non-basmati export may defeat Food Security Act" - Malaysia 2nd largest importer of Indian spices - Gems, jewellery ind for lower lending rates, import duty cuts - Exports may slip 10% in current fiscal: Citi Yemen Prime Minister Ali Mujawar and the Indian Ambassador to Yemen Praveen Verma in a meeting yesterday here discussed issues related to investment and increasing trade volume between the two countries. Mujawar highlighted various investment opportunities available for the Indian investors, especially in industrial, fishery, tourist sectors. The prime minister also asked India to raise the number of scholarships presented to Yemeni students to enable them to study there, Saba newsagency reported. For his part, Verma described ties between the two countries as distinguished, affirming the Indian government"s keenness on offering technical support in various fields to meet Yemen"s needs. The ambassador voiced the Indian investors" desire to invest in small and middle industries in Yemen and contibute to the development of industrial areas and free zone in Aden.


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