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*Saffron trade union keeps away from strike The Bharatiya Mazdoor Sangh (BMS), with a leaning towards the Sangh Parivar, did not take part in the all-India strike Tuesday called by the Left and Congress-backed trade unions as it wanted the protest to be organised in November, a top leader said. *Delhi partially hit by shutdown Delhi was partially affected by the nationwide strike called by nine central trade unions, as a stir called by 14 registered auto-rickshaw unions coincided with the agitation. *Millions strike work against privatisation, rising prices (Intro Roundup) India's economy suffered losses worth thousands of crores Tuesday as a 24-hour strike called by eight trade unions against rising prices and privatisation hit life in parts of the country, particularly Left-ruled states including West Bengal where one person was killed. One of the trade unions warned of more such strikes. *Mixed response to strike in Maharashtra Mumbai commuters suffered as autorickshaw drivers' unions joined a nationwide strike Tuesday even as the rest of Maharashtra was relatively unaffected by the agitation called by eight trade unions against rising prices and privatisation. *Maruti to pump in Rs.1,925 crore for new plant at Manesar Car market leader Maruti Suzuki Tuesday said it is planning to invest Rs.1,925 crore to set up a new plant in Manesar, Haryana, to expand its annual production capacity from the current 1.2 million units to 1.75 million units by end of fiscal 2012-13. *CITU warns of more strikes Congratulating the masses for making Tuesday's general strike a "success", the Centre of Indian Trade Unions (CITU) Tuesday warned of more such strikes and even a siege of parliament if the government did not bow to their demands. *Air India operates 22 flights from Kolkata Despite a general strike Tuesday called by eight trade unions, national carrier Air India operated 22 flights from the city, a company statement said here. *Bank of India targets 22 percent profit growth in 2010-11 Bank of India, the country's fifth-largest public sector lender, is targeting a 22 percent growth in profit in the current financial year, Chairman and Managing Director Alok Kumar Misra said Tuesday. *Improve pay at public sector banks: Subbarao India's central bank governor Tuesday said pay packages at state-run banks need to be revamped and brought at par with their private sector peers if they are to retain talent. *One dead, 14 injured in West Bengal as strike cripples life (Second Lead) A political activist was shot dead and 14 others injured in clashes during a one-day nationwide strike called by nine trade unions affiliated to the Congress and Left parties that crippled life in West Bengal Tuesday. Air and vehicular movement was severely affected. *India Inc says nationwide strike ill-timed, hit sentiments The day-long nation-wide strike by trade unions Tuesday has been severely criticised by India Inc, as it has caused losses worth several thousand crores of rupees, and came at a time when industry was on the road to recovery after two trying years. *Millions strike work against privatisation, rising prices (Roundup) India's economy suffered losses worth thousands of crores Tuesday as a 24-hour strike called by eight trade unions against rising prices and privatisation hit life in parts of the country, particularly Left-ruled states including West Bengal where one person was killed. *Rs.1,500-crore cement plant to be set up in Nagaur The Rajasthan State Industrial Development and Investment Corporation (RIICO) and Ambuja Cement Limited (ACL) Tuesday signed a memorandum of understanding (MOU) to set up a Rs.1,500-crore cement plant in Nagaur district of the state. *FM asks banks to achieve the target of providing banking, financial services to all by 2011 Finance Minister Pranab Mukherjee on Tuesday asked all the banks to over perform to achieve their targets so that by 2011, all habitations of 2000 population and above get the facility of a bank and related financial services. *Strike hits bus services in Punjab, Haryana Public buses went off the roads in many parts of Punjab and Haryana Tuesday in response to the nationwide strike called by trade unions against price rise and privatisation. *Britain invites Indian financial firms to set up shop there Britain Tuesday invited Indian banks, financial and insurance firms to set up businesses in the country. *Banking cover target advanced to 2011 The government is seeking to provide banking cover to all habitations of 2,000 people by 2011, Finance Minister Pranab Mukherjee said Tuesday. *SpiceJet to fly to Colombo, Kathmandu next month Low-cost airline SpiceJet will start its international operations to Kathmandu and Colombo next month. *Mukherjee asks banks to get ready for global competition Indian banks need to gear themselves up for global competition as changing economic scenario might prompt the government to further open up the sector to foreign players, Finance Minister Pranab Mukherjee said Tuesday. *Meghalaya refuses to renew mining lease to Coal India Meghalaya has refused to renew a mining lease to the Coal India Limited, leaving the government-run mining enterprise without any work in the state, the coal ministry said Tuesday. *Sensex ends with 85 point gain, ignores gloomy Euro bourses (Roundup) A benchmark index for Indian equities Tuesday closed 85 points higher than its previous close, slipping below the day's highs and bucking gloomy trends in European markets. *Land acquisition, food security bills on government frontburner With the Supreme Court asking the government to distribute surplus foodgrain free to the poor and farmland acquisition for infrastructure projects becoming contentious by the day, the government is expected to finetune pending social sector legislation ahead of the next session of parliament Nov 7. *India demand spurs daily Delhi service by Finnair (Lead) Buoyed by some strong demand from India even during the difficult times for global carriers during the past few years, Nordic airline Finnair is starting a daily service to New Delhi soon with more convenient departure and arrival schedules. *Haryana approves setting up of cow commission The cow may be an important political and religious issue for the Bharatiya Janata Party (BJP) and the Rashtriya Swayamsevak Sangh (RSS), but the ruling Congress in Haryana Tuesday took a lead in setting up a cow commission in the state. *AKAI enters the mobile handset market, launches 10 handsets Japanese consumer electronics brand AKAI Tuesday entered the mobile handset segment, launching 10 models in the dual SIM category. *Ministry asked to define independent directors' role A parliamentary committee has asked the corporate affairs ministry to define the role of independent directors, specifying their responsibilities and liabilities, to ensure that their presence in the boards of companies is not a mere formality. *Chinese billionaire to donate entire fortune A billionaire has pledged to donate his entire fortune to charity after his death, becoming the first in China to do so. *Strike affects banking, insurance services in Lucknow Banking and insurance services were hit in the Uttar Pradesh capital by the nationwide strike called by trade unions Tuesday against price rise and privatisation. *Flights to and from Kolkata crippled by trade union strike Flight operations to and from Kolkata were severely affected Tuesday as private airlines cancelled 129 flights due to the nation-wide strike against price rise called by central trade unions. *Travel misery for millions as Tube strike hits London A strike by workers on the London Underground (Tube) caused severe disruption and delays for millions of travellers Tuesday, early reports showed. *Sensex holding up, but choppy (Lead) A benchmark index for Indian equities opened on a positive note Tuesday and is ruling 61 points higher than its previous close in afternoon trade. *Taxis and rickshaws make a killing in Kolkata As the one-day nationwide strike crippled life in West Bengal Tuesday, the taxi drivers and rickshaw pullers of Kolkata were in a festive mood as they made a killing by transporting passengers stranded at the airport and railway stations at exorbitant rates. *Strike paralyses parts of India (Afternoon Lead) Millions of people struck work and scores of flights were cancelled as a 24-hour nationwide strike called by eight trade unions against rising prices and privatisation disrupted life in parts of India, particularly those ruled by Left parties. *Partial auto strike in Delhi More than half of Delhi's 55,000 autorickshaws went off the roads Tuesday to protest a government directive on driver badges. *Mumbai commuters hit as autos join nationwide strike Commuters rushing to their workplaces Tuesday morning were badly hit as a section of auto-rickshaw and taxi drivers joined the nationwide labour strike called by various trade unions. *Obama launches $50 billion infrastructure plan US President Barack Obama kicked off his embattled Democratic party's election campaign by announcing a $50 billion plan to create jobs and boost economic growth by modernising roads, railways and airport runways. *Gujarat seeks Canadian investment in state A 16-member Gujarat business delegation began a week-long visit to Canada to woo businesses and companies to participate in the fifth annual \'Vibrant Gujarat\' Summit to held Jan 12-13 in Gandhinagar. *Sari inspires Lecoanet-Hemant\'s first solo show Designer duo Lecoanet-Hemant, who moved base here from Paris a decade ago, are excited about their first solo show Sep 9 in Mumbai where they will pay an ode to the most beautiful garment on the earth - the sari. *Indian firms foray into Latin America's agri business Indian companies are increasingly getting a foothold into South America, acquiring assets and land not just to get entry into its lucrative agricultural market but also to export commodities such as sugar, pulses and edible oils back to India. *Strike disrupts normal life in Kerala Normal life was disrupted Tuesday as markets, educational institutions and shops remained closed in Kerala due to a one-day nationwide shutdown called by eight major trade unions, including those of the Left and the Congress. *US fears Indian nuclear liability law may deter foreign suppliers The passage of a nuclear liability bill by Indian parliament making suppliers of nuclear equipment also potentially liable threatens to cast a long shadow over India's plans to open an estimated $150 billion nuclear market to foreign companies. *Mixed response to strike in Tamil Nadu Work in the textile belt was affected and domestic flights out of Chennai were cancelled though educational establishments were open as the nationwide strike called by trade unions evoked a mixed response in Tamil Nadu. *Shutdown hits commercial life in Himachal Banks and commercial establishments were closed in parts of Himachal Pradesh Tuesday after trade unions of central government employees joined the nationwide strike to protest price rise, violation of labour laws and privatisation. *Poor response in Bangalore to strike call Public sector banks were shut but life was near normal as Bangalore saw little response to the nationwide strike called by trade unions Tuesday against price rise and privatisation. *Two injured in West Bengal as clashes mar strike (Lead) Two people were injured in a clash between political activists in West Bengal's North 24-Parganas district Tuesday amid disruption of normal life across the state following a one-day nationwide strike. Air services were also affected. *Sharp decline in labour exodus, says Chhattisgarh The Chhattisgarh government Tuesday said the number of people migrating out of the state in search of jobs has seen a sharp decline, but the opposition dismissed this as a tall claim. *Strike is 99 percent successful: INTUC chief Sanjeeva Reddy More than 100 million workers across India took part in the one-day strike called by eight trade unions Tuesday, said G. Sanjeeva Reddy, president of the Congress-backed INTUC, who claimed that the protest had the backing of party chief Sonia Gandhi. *Industrialists, economists slam frequent strikes As West Bengal slipped into yet another unproductive day Tuesday, thanks to a national strike called by trade unions, industrialists and economists felt that such shutdowns only inconvenienced people and led to loss of business. *Nationwide strike cripples life in Tripura The nationwide industrial strike called by major trade unions to protest increasing prices and privatisation crippled life in Left-ruled Tripura. *Kolkata-Dhaka Maitree Express cancelled Sept 11-12 Maitree Express, running between Kolkata and Dhaka, will not make its weekend trips this week on account of Eid. *Strike hits life across Assam The all-India strike called by central trade unions Tuesday impacted life across Assam Tuesday though tea and oil production were not hit. *Trade unions' strike hits life, businesses in Orissa The one-day nationwide shutdown called by eight trade unions Tuesday partially hit normal life and businesses in several industrial towns of Orissa. *Indian firms to up hiring in October-December quarter: Survey Indian companies are planning to add headcount to their payrolls in the quarter ending December, with education sector leading the way, according to a survey released Tuesday. *High gold prices leave Ahmedabad's small time jewelers worried At least 60 percent of small-scale jewellery businesses have been affected in Ahmedabad as the price of gold increasing. *Finnair to start daily Helsinki-Delhi service from January Nordic carrier Finnair will start a daily service between Helsinki and New Delhi from the first week of January while making takeoff and landing times from and to the Indian capital more convenient for passengers soon. *Sensex opens in green A benchmark index for Indian equities opened in the positive Tuesday and was ruling 61 points higher than its previous close. *Strike hits air, road traffic, disrupts life in Bengal Normal life was disrupted, with air and road traffic severely hit, in most parts of West Bengal Tuesday due to a one-day nationwide shutdown called by nine major trade unions, including those of the Left and the Congress. *Greek PM reshuffles cabinet to deal with debt crisis Greek Prime Minister George Papandreou reshuffled his cabinet early Tuesday in an effort to tackle the country's debt crisis. *Private firm not allowed to use 'Mother Dairy' brand name The Delhi High Court Monday dismissed a plea of a private company to use the brand name "Mother Dairy" for its milk products.
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