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2:00am
New Delhi offers to suspend mine deals
...lead is threatened."India is the world's fourth largest iron ore producer, and has deposits of coal and other minerals. But poor mining practices and lax regulation are increasingly a cause of concern.Additional reporting by Amy Kazmin By James Lamont and Martin Wolf in New Delhi
February 3, 2010
Osborne hits out at the Tube’s PPP contract
...preliminary ruling in December awarded the contractor – owned by Bechtel of the US and Spain’s Ferrovial – £4.4bn rather than the...board demanded Mr Bolt examine the fees Tube Lines paid to Bechtel and Ferrovial for seconded staff, claiming that their elimination... By Robert Wright, Transport Correspondent
February 1, 2010
Tube Lines considers claim loss action
...of collapsing into insolvency, as Metronet Rail, the contractor on the majority of the underground network, did in 2007. Bechtel and Ferrovial, Tube Lines’ shareholders, would simply see very little profit.“Although I think it will be thin for... By Robert Wright, Transport Correspondent
7:03pm
New Delhi offers to suspend mine deals
...the world’s fourth largest iron ore producer, and has deposits of coal and other minerals. But poor mining practices and lax regulation are increasingly a cause of concern. Additional reporting by Amy Kazmin By James Lamont and Martin Wolf in New Delhi
February 1, 2010
Tube upgrade group considers appeal over lost claim for costs
...of collapsing into insolvency, as Metronet Rail, the contractor on the majority of the Underground network, did in 2007 . Bechtel and Ferrovial, Tube Lines' shareholders, would simply see very little profit. "Although I think it will be thin for... By Robert Wright, Transport Correspondent
February 4, 2010
Osborne hits out at the Tube's PPP contract
...4bn for Tube Lines' involvement.Yesterday, however, the TfL board demanded Mr Bolt examine the fees Tube Lines paid to Bechtel and Ferrovial for seconded staff , claiming that their elimination could fill the £400m funding gap.But since Mr Bolt had... By Robert Wright, Transport Correspondent
2:00am
Food crisis worsens as agricultural output fails to keep up with demand
At New Delhi's Bhogal Market, pushcarts are piled high with fresh fruit and vegetables, and small shops are lined with By Amy Kazmin in New Delhi
January 21, 2010
Keep money loose
From Mr Giles Wilkes. Sir, While making a strong case for higher capital requirements in their...money loose for much longer, something sorely needed for recovery. Giles Wilkes,Chief Economist,Centreforum,London SW1, UK
January 24, 2010
Tube Lines suffers compensation blow
...parent, the London Mayor’s transport organisation.The contractor, co-owned by Spain’s Ferrovial and the US’s Bechtel, had demanded compensation over the handling by London Underground, which employs underground drivers, station staff and signallers... By Robert Wright, Transport Correspondent
February 2, 2010
India capitalises on stronger trade ties
Robust manufacturing data for India published yesterday show the sector's growth is becoming more sustained, Amy Kazmin reports from New Delhi .Merchandise exports in December grew 9.3 per cent over last year, the second consecutive monthly... By Amy Kazmin in New Delhi