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Indo-Aus officials to meet after latest killing
Indian diplomats are expected to meet Australian officials in a bid to difuse diplomatic tension between Canberra and New Delhi after the murder of 21-year-old Indian migrant in Melbourne.

Rajiv Gandhi Power Project synchronised
The Rajiv Gandhi Thermal Power Project (RGTPP) at Khedar in Hisar district of Haryana created history on Tuesday by breaking all previous records of project implementation, when its first 600 Mw unit was synchronised with the grid in a record period of 35 months, by Haryana Chief Minister Bhupinder Singh Hooda.

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Novartis raises stake in Indian arm to 76.42%
Swiss drug maker Novartis AG has hiked its stake to 76.42 per cent in its Indian subsidiary Novartis India pursuant to the completion of open offer.
International Business

IBM, Amul ink 10-year strategic outsourcing deal

IBM today said it has entered into a 10-year strategic outsourcing deal of over Rs 80 crore with the Gujarat Cooperative Milk Marketing Federation (Amul). - Refineries seek import duty cut on raw gold - Sixty, and getting younger - Bhatol re-elected chairman of GCMMF - IBM to invest $100 mn on research effort - Amul figures in top 100 brands in Asia Pacific - Telstra inks $1.2-billion deal with IBM, Infosys, EDS Under the terms of the deal, approved by the GCMMF, IBM would help transform the information technology structure of GCMMF and the milk unions to enable and support their accelerated growth plans. IBM will manage and operate the IT environment of Amul for the next 10 years. SAP ERP on the IBM technology platform is the chosen vehicle for this transformation, IBM said in a statement. IBM will also build a state-of-the-art data unit backed by a disaster recovery centre, define the security policy and maintain and manage the entire technology and application landscape. As a result, the co-operative would be able to further improve its supply chain, strengthen customer focus and achieve manifold growth, the statement said.


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