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Ashwani Kumar nominated to PM's HLCM

New Delhi, Sep 13 (UNI) Government has nominated Minister of State for Industry Ashwani Kumar to an Empowered Sub-Committee of the High Level Committee on Manufacturing (HLCM).

The Empowered Sub-Committee will monitor the follow up action on implementation of the decisions taken by the HLCM and will be responsible to formulate, review, and approve policy papers and proposals for submission to the HLCM.

It will act as the main executive body of the HLCM and submit its periodical reports for consideration to the Prime Minister/HLCM, an officialstatement said here today.

The constitution of the Empowered Committee is a major initiative to speed up and give effect to major policy decisions required to enhance the competitiveness of Indian manufacturing and to increase its share in our GDP.

HLCM was formed under the chairmanship of the Prime Minister with the Minister of Commerce and Industry, Finance Minister, Minister of the sub-sector concerned, Deputy Chairman Planning Commission, Chairman Economic Advisory Council, Principal Secretary to Prime Minister, and National Manufacturing Competitiveness Council (NMCC) Chairman V Krishnamurthy as its members.

UNI SBA PV VA KN1435

HC approves merger of SSI and BREAD

Chennai, Sep 13 (UNI) The Madras High Court has approved the merger of BREAD with SSI Limited, according to company release here. The share swap ratio of the merger was 642 equity shares of SSI Ltd for each share of BREAD. Over 3.21 crore fully paid equity shares of Rs 10 each of SSI Ltd would be issued accordingly. The merger was effective from April one, 2006, the release added. The relase said, SSI.....

Trial court asked to ensure speedy trial of Gautam Goswami

Patna, Sep 13 (UNI) A single judge bench of Patna High Court today asked the special vigilance court to dispose of the cases against former District Magistrate Gautam Goswami in connection with the flood relief scam within four months. Rejecting a regular bail petition for Dr Goswami, Mr Justice Chandramauli Kumar Prasad, however, directed the petitioner to approach the high court again in the event of failure on the part of the trial court.....

Tech Tour to enhance European investments

New Delhi, Sept 13: In order to facilitate business opportunities with the European investors and technology partners, a three-day technology fest, Tech Tour 2006, will be organised by the European Tech Tour (ETT) Association from October 11. International delegates coming to India for the Tech Tour'06 will be given extensive coaching on business practices here and will meet more than 20 rising star technology companies. ''This Tour will bring together the technology leadership of Indian and European.....
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