Narendra Modi to visit Japan from Sunday, meet top bosses of Suzuki

July 21, 2012

modi

Ahmedabad, July 21: Gujarat chief minister Narendra Modi will be on a five-day tour of Japan from Sunday to expand business ties with that country and will also meet auto major Maruti Suzuki's top brass, official sources said.

Modi, who will be accompanied by a business delegation will visit Hamamatsu to meet Maruti Suzuki Corporation managing director Shinzo Nakanishi.

His visit comes in the wake of the violent incidents in Maruti Suzuki's plant at Manesar in Haryana.

Even though the Modi-led delegation will not pitch for expanding the production capacity of the company in Gujarat, if the company on its own decides to expand its production capacity, it is welcome, Gujarat officials said.

"The view of the Gujarat government is very clear on attracting corporates in the state. We do not want to harm anybody's interests. However, whosoever wants to come here and expand his production capacity is welcome," Gujarat principal secretary (industries) Maheshwar Sahu told PTI.

Modi's visit to Japan, however, has sparked off speculation that during his meeting with the Maruti Suzuki representatives, he would try to convince them to expand the carmaker's production capacity in Gujarat from the proposed 2,50,000 units annually.

Maruti Suzuki has already proposed to invest Rs 4,000 crore in Gujarat to set up a green field project, having an annual production capacity of 2,50,000 cars near Becharaji in Mehasna district.

"Modi has been officially invited by the government of Japan. Normally, they invite the head of country, but Modi being the chief minister of a state in India, is going to Japan as a state guest," official sources said.

Besides Hamamastu, Modi will be visiting Tokyo, Osaka, Nagoya and Kobe prefectures of Japan. He will be addressing three seminars, one round-table and also interacting with top functionaries of Japanese government during the visit, they added.

Modi will also be travelling by a bullet train and study the reconstruction done by that country following the earthquake in Kobe prefecture, they added.

This is likely to be Modi's last foreign trip before the state elections scheduled to be held in December this year.

The purpose of the visit is to expand business ties between Gujarat and Japan, they said adding that the large area of Delhi-Mumbai Industrial Corridor (DMIC) passes through Gujarat and the state sees huge potential of investment from Japan.

Japan had also partnered last year in the biennial 'Vibrant Gujarat Global Investor Summit', they said.


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coastaldigest.com news network
August 7,2020

 

Kozhikode: An Air India Express flight from Dubai with 190 people on board overshot the Kozhikode tabletop runway on landing there today. The Boeing 737 “fell off” the runway into the valley, broke into two causing death and devastation. 

According to reports, around 20 people were dead including two pilots.

An Air India spokesperson said: “Air India Express flight IX 1344 operated by Boeing 737 aircraft from Dubai to Calicut overshot the runway at Kozhikode at 7.41 pm Friday. No fire reported at the time of landing. There are 174 passengers, 10 infants, two pilots and five cabin crew on board. Rescue operations are on and passengers are being taken to hospital for medical care. We will soon share the update in this regard.”

The Directorate General of Civil Aviation (DGCA) is probing this accident. “Prima facie, the aircraft landed beyond the touchdown point and fell into a valley. It has broken into two. We suspect some casualties. More information is awaited,” said a senior DGCA official.

Taking to twitter, defence minister Rajnath Singh wrote: “Devastating news from Kozhikode, Kerala. I am deeply anguished by the loss of lives due to an accident carrying several passengers on Air India flight. In this hour of grief, my thoughts are with the bereaved families. I pray for the speedy recovery of the injured.”

Foreign minister S Jaishankar tweeted: “Deeply distressed to hear about the Air India Express tragedy at Kozhikode. Prayers are with the bereaved families and those injured. We are ascertaining further details.”

While, senior BJP leader from Kerala K J Alphons tweeted: “Second tragedy of the day in Kerala: Air India Express skids off the run way at Kozhikode, front portion splits , pilot dies and lots of passengers injured . All passengers evacuated. Very lucky the aircraft didn’t catch fire.”

More details are awaited.

Watch video | Air India flight from Dubai skids off runway in Kerala, splits into two pic.twitter.com/qgGxEEG2e3

— coastaldigest.com (@coastaldigest) August 7, 2020

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News Network
June 18,2020

New Delhi, Jun 18: For the 12th consecutive day, state-run oil marketing companies (OMCs) has increased the price of fuel on Thursday.

The price of petrol is increased by 53 paise a litre while that of diesel by 64 paise a litre.

Petrol and diesel will now cost Rs 77.81/litre and Rs 76.43/litre respectively in Delhi.

Notably, oil marketing companies have been adjusting retail rates in line with costs after an 82-day break from rate revision amidst the COVID-19 pandemic. These firms on June 7 restarted revising prices in line with costs.

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News Network
April 30,2020

Bengaluru, Apr 30: Shares of Glenmark Pharmaceuticals Ltd rose almost 9% on Thursday after the Indian drugmaker got an approval to conduct clinical trials with antiviral drug favipiravir, seen as a potential treatment for COVID-19.

Favipiravir, manufactured under the brand name Avigan by a unit of Japan's Fujifilm Holdings Corp and approved for use as an anti-flu drug in the Asian island country in 2014, has been effective, with no obvious side-effects, in helping coronavirus patients recover, a Chinese official told reporters at a news conference last month.

"After having successfully developed the API and the formulations ... Glenmark is all geared to immediately begin clinical trials on favipiravir on COVID-19 patients in India," Sushrut Kulkarni, executive vice-president for Global R&D, Glenmark Pharmaceuticals, said in a statement. 

The Drug Controller General of India, the country's drug regulator, did not immediately respond to Reuters request for comment.

On Wednesday, another Indian pharmaceutical company, Strides Pharma Science Ltd, said it had developed and commercialized favipiravir antiviral tablets, and had applied to Indian drug authorities to start trials.

Shares of Mumbai-based Glenmark Pharmaceuticals, which rose as much as 8.9% to 359 rupees ($4.78), was trading up 5.9%, as of 0407 GMT.

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