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New Delhi: BHEL is in quest of mergers and acquisition (M&A) in order to encourage inorganic expansion and targets earning of Rs 45,000 crore by the next five years (2012).

At the shareholders conference, A K Puri, BHEL Chairman and Managing Director said, the company has drawn what it names “Strategic Plan 2012” to make sure sustainable profitable development over the next five years with the aim of achieving an earning level of Rs 45,000 crore.

Chennai: Deepak Puri, MD Moser Baer India Ltd, stated that the company is planning to invest Rs 2,000 crore in Tamil Nadu to make photovoltaic films. The project will be licensed in 18 months.

Mumbai: The Indian currency dropped to a one-week low on Tuesday, weighed down by weaker Asian stock markets and oil prices that lingered near all-time highs.

Oil prices jumped to all-time high, and other energy futures also accompanied suit on Monday, on the back of anticipations that the Fed Reserve will slash the benchmark federal funds rate.

The rate cut will back up the stock markets and guarantee demand for oil and gasoline in the upcoming days.

For next month delivery, light, sweet, crude ascended $1.47 to $80.57 per barrel on the NYMEX. It also touched a peak of $80.70 on Monday (September 17).

Washington, September 18: Hollywood hunk George Clooney has revealed that time and again his fans make him realise that his good looks will not last forever.

Clooney revealed that each time he encounters a fan, he feels as if he were not present there.

"All those things are going to disappear one day and I know that every time I get confronted by fans. They'll talk about me as if I am not there. Like how much older I look in person or have all this grey hair," he said.

Lahore, Sep 18: Pakistan Tehreek-e-Insaf (PTI) chief and former cricketer Imran Khan has underlined the need for the setting up of a neutral caretaker government in the country before the general elections.

"The forthcoming general elections cannot be held in the presence of President Pervez Musharraf," Khan said.
Khan opined that the representatives of the All Parties Democratic Movement (APDM) would resign from the national and provincial assemblies if the sitting assemblies elect Musharraf.