RAYMOND WEIL MAESTRO PHASE DE LUNE SEMAINIER

New Delhi, November 23, 2012: Seven midnight blue hands travel across the heavenly dial of the maestro Phase de Lune Semainier. They give order to the universe, beating in time to the conductor and indicating the phases of the moon, the month, the week, the day, the date, the hours and the minutes. With this …

Koniambo Nickel completes construction of first production line and readies for first molten metal by year end

Koné, 23 November 2012 Xstrata Nickel, the industrial partner in the Koniambo Nickel Project, is pleased to announce that the construction of the first production line of the smelter (Line 1) is complete. The necessary support services and operational infrastructure are undergoing pre-operational testing and commissioning. First molten metal is expected before year end and …

Greenpeace Urges Philippines to Act on Illegal Fishing

23 November 2012, Palau– Greenpeace International is calling for immediate legal action against a Filipino ship that was previously engaging in an illegal transfer of fish on the high seas a week ago. The Filipino reefer, Sal 19, was found illegally transferring fish to Heng Xing 1, a Cambodian-flagged reefer, along with 2 Indonesian purse …

EUROFER: Concerns about Glencore/Xstrata remain

EUROFER criticizes the European Commission’s approval of the Glencore/Xstrata merger. Remedies addressing zinc supplies, the European Steel Association says, are not sufficient to shield the European market from the dominant influence of one supplier. The European steel industry, which uses the lion’s share of zinc metal traded in Europe, will still have to face a …

EVRAZ Announces an Agreement to Sell EvrazTrans to NefteTransService

22 November 2012 – EVRAZ plc (LSE: EVR) (“EVRAZ”) announces that it has today signed an agreement for disposal of its Russian railcar operating subsidiary EvrazTrans to Russian freight rail operator NefteTransService (“NTS”) for RUB 9,450 million (approximately US$300 million) cash consideration on the basis of RUB 150 million (approximately US$4.8 million) of working capital, …

LIC the Government’s milch cow – Dheer Kothari

For a cash-strapped government struggling to keep the ballooning fiscal deficit within prudent limits, the easy way out when nothing else is working in its favour is to flog the thoroughbreds in the PSU stable. The Life Insurance Corporation of India is a dependable milch cow. To enable the LIC to participate in the disinvestment …

Dr. A.P.J. Abdul Kalam addresses students at IIM Lucknow. Entrepreneurship Summit -2012 to be hosted

IIM Lucknow witnessed an address by Dr. APJ Abdul Kalam today with the launch of “Entrepreneurship Summit -2012”, the annual entrepreneurship summit scheduled to be held from 23rd – 25th November 2012. Dr. Kalam shared his experiences with students and faculty and talked about how entrepreneurship plays an important role in nation building. He also inspired the students to …

Bollywood elite embrace Rio Tinto’s Bunder diamond jewellery

The inaugural diamond jewellery collection from Rio Tinto’s developing Bunder diamond project in India has been showcased on the red carpet at Mumbai’s famous Liberty Cinema. Australian-born Indian actress Pallavi Sharda wore the magnificent diamond jewellery earrings and necklace, known as Courageous Spirit, to the premiere of Fearless Nadia, in celebration of 100 years of Indian cinema. The Courageous …