With this deal, Jaipuria's RJ Corp will own over 10 bottling plants, controlling 25 per cent of PepsiCo's bottling capacity in the country (earlier he was PepsiCo's largest bottler together with his family). Confirming the development, Jaipuria said the deal would be complete in a day or two. "The West Bengal operations will contribute 10 to 15 per cent to our turnover," he said.
Lionel Messi and Alexis Sanchez, club mates at Barcelona, sparkled as Argentina and Chile put behind them a weekend to forget with victories in the South American 2014 World Cup qualifiers on Tuesday.
Endiama, Angola's largest diamond mining company, has sought help from the Indian government for sewing up a partnership with the Tatas, for diversification into manufacture of commercial vehicles and helicopters. President of the state-run Endiama, Manuel Aranaldo de Sousa Calado, discussed the proposal to form a joint venture with the Tatas, with India's Minister of State for Commerce Jairam Ramesh in Angola on Monday. The company plans to set up its office in Mumbai soon.
A second armed attack in the space of a year on a bus carrying a national sports team has highlighted the vulnerability of top-level athletes and the publicity such ambushes attract. Two members of Togo's football delegation died when gunmen attacked the team bus on Friday as it travelled to the African Nations Cup in Angola. The driver was killed in the assault.
A look at the major attacks on athletes and which have affected big sporting events.
Carlos Tevez scored a superb hat-trick as impressive Manchester City crushed Blackburn Rovers 4-1 to move into fourth place in the Premier League on Monday.
Togo's soccer team flew home on Sunday after the deadly ambush of their team bus but the sports minister said they hoped to return to Angola, where Africa's biggest sports tournament got underway.
Togo's national team will return home and not compete in Africa's biggest soccer tournament, captain Emmanuel Adebayor said on Sunday, after gunmen killed a squad coach and press officer in an ambush.
OVL, which has a 20 per cent stake in the oil field in Russia's far east, currently gets around 38,000 barrels of oil per day of the total production of 190,000 barrels per day. OVL's share is expected to fall to 32,000 barrels even as the overall production from the field is likely to come down to 160,000 barrels from next year. OVL, a 100 per cent subsidiary of India's biggest oil producer, paid $1.7 billion for a 20 per cent stake in Sakhalin I.
David Villa struck twice and David Silva and Juan Mata also scored to give rampant Valencia a 4-2 win at Real Valladolid in La Liga on Sunday.
A chest-thumping Yao Ming relentlessly powered Olympic hosts China to their first victory in the men's basketball competition on Thursday.
Meeting will confine discussion to processes involved in building consensus among members.
The imported crude was valued at $64.98 billion, up 85.8 per cent, as oil prices in the international market skyrocketed with import prices hitting a record high of $849.10 per ton in June, the General Administration of Customs said. China exported 2.37 million tons of crude and 7.88 million tons of refined products, a 30.6 per cent jump and 0.3 per cent decline, respectively, from a year earlier, it said. China had recently raised the prices of gasoline by 16 per cent.
Reliance Industries, India's most alued company, and state-run GAIL India will next week mount pitch with Qatar for jointly setting up a $.3 billion mega petrochemical plant in the gas rich nation.
The 31 rigs were operating in India's offshore areas till February this year, making the country the largest offshore rig user in the world after the US, where 56 rigs are operating. Countries such as Brazil and Mexico have now overtaken India.
"We had identified 10 countries for setting up the mega petrochemical plant. A working group (of GAIL and RIL) will shortlist three of the identified countries. We may then narrow on one or two for setting up of the mega petrochemical plant," GAIL Chairman and Managing Director U D Choubey told reporters. He, however, refused to name the 10 countries identified for the purpose.
Steel czar Lakshmi N Mittal is keen on selling half of his stake in a Kazakhstan oil field to state-run ONGC Videsh Ltd to tide over the severe financial constraint affecting his planned expansion in energy sector.
The offer was made during the ongoing high level visit of the Norwegian crown price to India.
Egypt retained hopes of a successful African Nations Cup title defence with a 2-1 win over Angola in their quarter-final.
Tunisia and Angola played out a goalless stalemate in Tamale to qualify for the African Nations Cup quarter-finals.
The Cameroon striker scored twice to help his side beat Sudan 3-0 and reach the African Nations Cup quarter-finals on Wednesday. Eto'o's first goal, a 27th-minute penalty, made him the highest scorer in the tournament's history with 15 goals.
Two impressive long-range shots in the final minutes gave Tunisia and South Africa draws in their opening African Nations Cup Group D games.
Defending champions Egypt beat Cameroon 4-2 while Zambia had a one-sided 3-0 triumph over Sudan in Group C's opening encounters of the African Nations Cup.
The roots of the problem lies in the alienation of the tribals. Extreme sensitivity is required to tackle the issues involved. Rough and ready methods of using force may prove counterproductive in the long run, says Colonel (retd) Anil Athale.
Reliance Industries, India's most valued company, and state-run gas firm GAIL India have identified 10 countries including Qatar, Australia and Russia for setting up a multi-billion-dollar petrochemical plant.
Seven Indian cities - Mumbai, New Delhi, Chennai, Hyderabad, Kolkata, Pune and Bangalore have all moved up by 14-21 ranks in the survey titled 'Worldwide Cost of Living Ranking 2007' prepared by Hong Kong-based solution provider for international HR professionals ECA International.
Indian Grandmasters Pentala Harikrishna and Krishnan Sasikiran drew their first games as the Chess World Cup got off to an exciting start in Khanty-Mansiysk, Russia.
When Robert Gates, the present US defence secretary, was the director of the Central Intelligence Agency, George Bush, the then US president (1988-92), had visited the CIA headquarters and addressed its officers.
South African Army Chief Lt Gen Solly Zacharia Shoke, arrived in Kolkata on Wednesday after visiting the Indian Army's premier jungle warfare training school at Vairengte in Mizoram.
A Nigerian woman weightlifter and an Angolan male swimmer have tested positive for banned substances at the All Africa Games.
China is using its growing trade power to enhance its global influence, especially in Africa, Latin America and Asia, where it is perceived as an all-weather friend. Since opening up its economy in 1978, China's foreign trade has been growing by leaps and bounds.
India and China are together expected to equal world's largest jewellery market, the United States, by 2015 when the global gems and jewellery trade is expected to touch $230 billion, states a new industry report.
If things go according to the plans of the Indian government, Mumbai may rob Belgium's Antwerp, currently the world's top diamond destination, of its priced position.
Aiming at rough diamond imports of $1 billion annually, Diamond India Ltd, a grouping of 60 traders, is looking at markets other than Russia to scale up its imports.
ONGC Videsh Ltd, a wholly-owned subsidiary of Oil and Natural Gas Corporation, has put in a bid to buy stake in a discovered oil block in Angola, after a consortium of two Chinese companies has already reported to have bid $1.5 billion last month, confirmed a top official of OVL on condition of anonymity.
Production by the 10 member countries, excluding Iraq and Angola which joined the group this year only, increased by 70,000 barrels per day (bpd) to 266.4 lakh bpd from 265.7 lakh bpd in April.
India has offered African countries --Botswana, Angola, South Africa and Namibia, incentives to strengthen their jewellery industry in return for direct procurement of rough diamonds from these countries.
Though OVL has made a solo bid of about $2.5 billion for takeover of Russia-focused Imperial Energy, the overseas arm of state-run Oil and Natural Gas Corporation may rope in a company like Rosneft to win Moscow's approval for the acquisition, London-based investment banking sources said. OVL is mindful that no company can be successful in taking over a company having assets in Russia unless it has the backing of Moscow.
Thirty-two teams that qualified for the 2006 Football World Cup Finals in Germany were on Friday drawn into eight groups.
It is the diamond in Africa and Russia that is dazzling India these days. India is planning joint ventures with diamond mining companies across Russia, Africa and the CIS nations.
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