Beijing and Islamabad have held around 10 rounds of talks to iron out differences over the terms of the phase-II of the China-Pakistan Free Trade Agreement. Both the country had signed a major free trade agreement in 2006, which came into effect in July 2007.
According to Pirojsha Godrej, MD & CEO, Godrej Properties, the phase II sales figures have been good. He expects average realisations for phase II to be at least 10 percent higher than that of phase I.
Mahindra and Mahindra is set to invest Rs 2000 crore to revive the Tamil Nadu project, which is to come up on a 450 acres in Cheyyar, about 105 km from Chennai. Phase I of the project will be the testing facility and the Phase II will be for the automotive plant.
In an interview to CNBC-TV18, G Subramanium, CFO, Hathway said that there were expectations that cable operators will lose out to the DTH guys in phase II, which has not happened. Cable has done very well in the conversion from analog to digitisation.
Bangalore's public transport infrastructure will soon go up one notch further. The second phase of the Bangalore metro project is expected to get central government approval in September. The Bangalore metro rail corporation has started exploring funding options, including tapping the domestic bond markets, reports CNBC-TV18's Vineetha Athrey.
A Central Government Department and Piramal Life Sciences Ltd (PLSL) have launched Phase II of their joint project to find new drugs from 14,000 bioactive cultures discovered in a nationwide search.