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GM in pact with Reva for producing electric vehicles
US-based car maker General Motors today joined hands with Reva Electric Car Company to develop and produce electric vehicles in the Indian market as part of its plan to make the country a global hub for environment friendly vehicles.

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Business Standard / New Delhi November 02, 2009, 0:19 IST

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Govt asks SFIO to stop Satyam probe to avoid duplication
The government has asked the Serious Fraud Investigation Office (SFIO) to discontinue its enquiry into the siphoning of funds by Satyam Computer to avoid duplication of work as the CBI is trailing the funds parked abroad by the IT company.
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'Ozone-depleting substances to be phased out by 2030'

India will phase out hydrochlorofluorocarbons (HCFCs), used for refrigeration and air-conditioning, by 2030 in line with the Montreal Protocol, a treaty to protect the ozone layer. - We ended ozone-depleters well ahead of schedule: Jairam ramesh - Ozone depleting HCFCs to be phased out: Ramesh - India proposes bilateral talks with EU, US on climate change - "US now has better understanding of India"s stand on climate" - World Bank to fund $1 bn for cleaning Ganga river - International Year of the Tiger to kick off on Feb 14: Ramesh “By 2013, we are going to freeze the use of HCFCs at 2009 levels. We’ll do this by reducing their use by 10 per cent by 2015, as compared to the 2009 levels, and bring it to zero by 2030,” Minister of State (independent charge) for Environment and Forests Jairam Ramesh said today while launching a roadmap for phasing out HCFCs. Boosted by sustained growth in demand for consumer, commercial and industrial products, the consumption of HCFCs has grown at an average annual rate of over 11 per cent in the past 15 years. HCFCs had replaced the chlorofluorocarbons (CFCs), which the government was able to phase out in August last year, 17 months ahead of schedule. However, CFCs — required for manufacturing inhalers used by patients suffering from asthma and chronic obstructive pulmonary diseases — are still available in India and a national transition strategy to phase these out by 2013 is under implementation. “HCFC phase-out is challenging for an emerging economy like India due to issues related with technology and funding to facilitate the transition without burdening the economy and constraining consumers and industry. India should develop its own technology, rather than relying on other countries,” said Ramesh.


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