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Truckers strike affects life

Aizawl, Aug 21 (UNI) An indefinite strike called by Zoram Truck Owners' Association since yesterday has stopped all goods-carrying vehicles from entering the state.

According to official sources, a number of goods-laden trucks were stranded at Lailapur, a few km away from Vairengte gate.

The truckers in Mizoram are against certain points in the state government's agreement with contractors regarding supply tenders deeming it ''discriminatory.'' The sources said Cachar (Assam) Truck Owners' and Drivers' Association also supported the truckers strike.

However, Mizoram Food, Civil Supplies and Consumer Affairs Minister K Sangthuama during the day assured undisturbed supply of essential commodities into the state by providing security escort to the supplies-carrying vehicles.

UNI ZS ADG RL HT1806

Muttemwar calls upon business community to develop renewable energy

New Delhi, Aug 21 (UNI) New and Renewable Energy Minister Vilas Muttemwar today called upon the business community to avail itself of financial and fiscal incentives to develop renewable energy and help the country achieve the target of 14 gigawatts (GW) in the 11th Five year Plan. Inaugurating a three-day Renewable Energy India 2008 Expo, International Exhibition and Conference here, the Minister assured that concessional import duty on certain components, excise duty exemption and 10-year tax.....

BSE Sensex plunges by 434.50 points

Mumbai, Aug 21: The benchmark index of the Bombay Stock Exchange plunged by 434.50 points to close at 14,243.73 on inflation concerns, coupled with week sentiments in Asian markets. The Sensex opened in red at 14,646.98 and hit a day's low of 14,201.05, lost over 477 points from its previous close of 14,678.23 as investors were seen profit booking across the sector throughout the day, brokers said. Meanwhile, the broader-based Nifty of National Stock Exchange dropped 131.90 points or 2.99 per cent.....

Lupin buys stake in Australia-based generics firm

New Delhi, Aug 21 (UNI) Pharma major Lupin Ltd today said it has bought stake in Australian firm Generic Health. The Melbourne-based firm markets generic and over-the-counter drugs, the company said in a statement. However, the company did not disclose the financal detail. The Australian market for generic drugs is of 2.6 billion dollars and the stake purchase would enhance the company's reach and market penetration in the country. UNI AK SBA HS1700.....
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