Indian Army will be testing indigenously developed Weapon Locating Radars (WLRs). These WLRs are developed by Bangalore-based Bharat Electronics Limited and based on the Rajendra Phased Array Radar System. (The Tribune)
India pitching for a 10 per cent annual growth in the Eleventh Five Year Plan, after it grew above 8 per cent in 2005. (Business Standard)
Tamil Nadu will have further talks with Kerala to discuss the Mullaiperiyar Dam issue. Mullaiperiyar Dam issue is one of many inter-state water disputes yet to be resolved in India. (The Hindu)
Consortium led by Videocon buys Korea's third largest electronics manufacturer, Daewoo Electronics, for Rs 3150 crore (US$ 700 million). This is the third large-scale purchase by Videocon this year, after Thompson's global picture tube business and the Indian subsidiary of Electrolux. (The Hindu)
