Ingersoll Rand to sell global road development biz to Volvo

Saturday, March 17, 2007, 22:46 [IST]

New Delhi, Feb 27 (UNI) Ingersoll Rand India Ltd today said its US-based parent Ingersoll Rand Company, has decided to sell its global road development business to leading truck maker Volvo Construction Equipment AB.

In India, the sale of the road development business, which forms part of the construction technologies segment, will take place after necessary legal formalities including consent from the Board of Directors as well as the members of the company are obtained as per statutes.

UNI

Topics: INFRASTRUCTURE-INGERSOLL RAND-VOLVO

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Education needs at least 6 pc of GDP: Annual Economic Survey

Saturday, March 17, 2007,22:46 [IST]

New Delhi, Feb 27 (UNI) The Economic Survey for 2006-2007 today expressed the government's firm resolve to increase the public expenditure on education to six per cent of the GDP to achieve the country's constitutional obligations and the millennium development Goal of education for all. ''Education should play a positive and interventionist role in correcting social and regional imbalances, empowering women and in securing a rightful place for the disadvantaged and minorities,'' the survey said. Out of a number of.....

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Saturday, March 17, 2007,22:46 [IST]

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Saturday, March 17, 2007,22:46 [IST]

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