French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...
More »SEARCH RESULT
Total Matching Records found : 5421
Social media to drive movement against corruption: survey
-IANS Social networking sites like Facebook, Twitter and Orkut are emerging as an important tool to drive movement against corruption and bring positive change in the society, a survey has revealed. In a nationwide survey conducted amongst the youth of India, nearly 76 percent of youth believe that social media empowers them to bring change to the world we live in. They are convinced that causes for women and movements against corruption can...
More »Key report on India anti-corruption Lokpal bill tabled
-BBC A report on a controversial bill to set up an anti-corruption watchdog has been submitted in India's parliament. The bill was tabled in parliament in August but was sent to a panel of MPs after protests from anti-corruption activists who said it was too weak. Anti-corruption campaigner Anna Hazare has rejected the new draft too, saying it does not go far enough as it does not include lower-level bureaucracy. He has announced plans...
More »The Challenge of Inequality by Anil Padmanabhan
What is common between Brazil, Russia, India and China? That’s easy. They are the so-called BRIC countries. But, what is common between these BRIC countries and other emerging economies such as Indonesia, Argentina and South Africa? The answer: inequality. This disconcerting connect between these emerging economies is the focus of a report released last week by the Organization for Economic Cooperation and Development (OECD), the think tank for the club of...
More »Naveen opposes caps on PDS
-The Business Standard Orissa has voiced its opposition to the caps proposed in the targeted Public Distribution System (PDS) in the National Food Security (NFS) Bill-2011. The NFS Bill has proposed a cap of 75 per cent in rural areas and 50 per cent in urban areas on the coverage under targeted PDS. The state Chief Minister Naveen Patnaik, while welcoming the concept of food security, has objected to fixing limits on targeted...
More »
