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CFM Intl to set up training facility at Hyd airport
GMR Hyderabad International Airport Limited (GHIAL) has signed an agreement with aircraft engine manufacturer, CFM International (CFM), to establish a new CFM56 maintenance training centre to support its customers in the South Asian region.

Food inflation at 19.83% on high potato, pulses rates
Food inflation, as measured by the Wholesale Price Index (WPI), rose to 19.83 per cent for the week ended December 19 primarily due to rising prices of potatoes, pulses and other vegetables. Food inflation stood at 18.65 per cent for the previous week ended December 12 and at 9.38 per cent during the corresponding period in 2008.

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No situation in Bengal for Art 355: CM
The prevailing situation in West Bengal does not warrant invoking of Article 355 as demanded by the opposition, Chief Minister Buddhadeb Bhattacharjee told the assembly today which witnessed noisy scenes over law and order situation in the state.
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SAIL, NMDC disinvestment proposal to go to Cabinet in Dec

The proposal to divest government"s stake in SAIL and NMDC is final and would be sent to the Union Cabinet next month for approval, Union Steel minister Vir Bhadra Singh said today. Sensex ends up 35pts The steel ministry has approved the disinvestment proposal, which has also received in-principle approval of the disinvestment department of the finance ministry. Asked whether disinvestment in the two Navaratna PSUs would take place in the current financial year, Singh said, "We will try to do something this fiscal." The minister said the follow-on public offer (FPO) in SAIL would be a combination of 10 per cent dilution of the government’s equity and 10 per cent issue of additional shares. On steel production in the country, Singh said this year total production of steel would be 60 million tonne and the production target for 2011-12 would be 124 million tonne.


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