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MIDDAY BUSINESS REPORT: Garmin navigates to record, raises ...

Garmin Ltd . sold $432.5 million worth of navigation gear during the second quarter, shattering Wall Street estimates for the Olathe company. Before the market opened this morning, the manufacturer of Global Positioning System devices reported a $120.7 million profit for the three months. Min Kao, Garmin's chief executive, said the sale of automotive products grew by more than 100 percent during the period. "Solid growth in both our automotive/mobile and outdoor/fitness segments has positioned us to exceed our earlier 2006 guidance for these segments," Kao said in a statement. The company raised its sales projections for 2006 to $1.6 billion, and earnings per share forecast to "exceed $3.90." The $432.5 million in sales is a record for Garmin for the second quarter. read more.

TDN in brief

The Business Travel Coalition (BTC) will be publishing a blog throughout the upcoming National Business Travel Association (NBTA) International Convention & Exposition in Chicago. The focus of the blog will be strictly on airline distribution system reform announcements, educational sessions and informal debates. . read more.



Record stand takes Jayawardene, Sangakkara into top 10

Dubai: Mahela Jayawardene and Kumar Sangakkara reaped rich rewards for their record-breaking partnership against South Africa in Colombo which saw both batsmen storm into the top ten in the latest ICC rankings.The two added 624 for the third wicket at the Sinhalese Sports Club in the first Test against the Proteas, setting the platform for an innings victory for their team.Jayawardene, who scored his country's highest Test score of 374, moved up nine places to number 10 while Sangakkara, who scored a career-best 287 climbed three places to eighth.Australian captain Ricky Ponting continued to head the batting charts ahead of his Indian counterpart Rahul Dravid while Jacques Kallis gained one spot to number three.Also gaining a place each were Pakistan's Mohammad Yousuf and Australian Matthew Hayden. read more.

Plan to take away power procurement work from Transco: BJP

New Delhi, Aug 2: The BJP today accused the government of planning to strip public body Delhi Transco Ltd off the work of procurement of power for the national capital and transfer it to three private power distribution companies.The party's Delhi state President Harsh Vardhan claimed the proposal would compel the public to pay "four or five times more charges for the consumption of power".Vardhan also claimed that the government had directed the Delhi Electricity Regulatory Commission to take steps in this regard.He alleged that the government had decided to give this responsibility to the three companies without inviting open tenders. . read more.

India's veg oil requirement to touch 17.7 m tonne by 2010

Hisar, Aug 2: The country's vegetable oil requirement is expected to touch 17.7 million tonne (equivalent to 52 ml tonne oilseeds) by 2010, Director General Indian Council of Agricultural Research Mangla Rai today said.Increase in population and improvement in standard of living will push the demand for vegetable oils at the rate of 5.5 to 6.0 per cent during the next decade, he said after inaugurating annual research workers' group meeting of rapeseed-mustard at Haryana Agricultural University here today."Though the Indian farm scientists have done a great job in oilseeds production, yet the country would remain dependent upon import of vegetable oils like palm oil if we do n ZCZC PRI ECO ESPL .HISAR DCM129 VEGETABLEOIL India's veg oil requirement to touch 17.7 m tonne by 2010 Hisar, Aug 2 (PTI) The country's vegetable oil requirement is expected to touch 17.7 million tonne (equivalent to 52 ml tonne oilseeds) by 2010, Director General Indian Council of Agricultural Research Mangla Rai today said.Increase in population and improvement in standard of living will push the demand for vegetable oils at the rate of 5.5 to 6.0 per cent during the next decade, he said after inaugurating annual research workers' group meeting of rapeseed-mustard at Haryana Agricultural University here today."Though the Indian farm scientists have done a great job in oilseeds production, yet the country would remain dependent upon import of vegetable oils like palm oil if we do not succeed in increasing oilseed production further," he said.He said that during 2001-2005 the annual compound growth rate of rapeseed-mustard production in the country was 18.9 per cent which was highest compard to cereals and pulses.Despite this development the country was still importing nearly 40 per cent of the domestic edible oils need, he said for which the farm scientists had a great role to play to meet the need. read more.

Racing: Eden Rock will be hard to beat in Mile feature

A top mile handicapper can be a jewel in any stable, as is illustrated by the latest of the many big-money races over this trip available to horses of this calibre, the totesport Mile at Goodwood. The winner will earn 93,480 but will have had to work hard for the money. Winning one of these races is difficult enough, but winning two or more is very demanding, yet there is plenty of money being wagered that Sir Gerard and Dunelight, having won big handicaps, will do it again. Sir Gerard lifted the Brittania Stakes at Royal Ascot, beating Free Air, who was receiving 1lb, by two lengths. Dunelight took the London Clubs International at Ascot last month, also beating Free Air, who was receiving 1lb, by five lengths. Logic has it, then, that if one of these two is to make it a double, Dunelight should be the one. read more.

Going green: Zero emission across different industries

Concern for environmental damage caused by industries' pollution has reached fever pitch globally. Proactive waste management systems practiced today are still in the "end-of-the-pipe" phase. They need to move beyond recycling to work at minimizing waste generation. This can be done by revisiting the entire production processes of different industries. Worldwide, companies are waking up to the fact that the only sustainable path to the future is the observance of the zero emissions doctrine. As a new paradigm, zero waste has to be embraced with a near religious zeal that goes beyond recycling waste. At the basic level, it would mean that the manufacturer takes back some part of the product for reuse. The significant barriers to zero-waste drive are evident. If there was resistance to setting up effluent treatment plants in the early 1990s, radical shifts in today's production process are bound to face stronger resistance. read more.

Aman achieves 22 per cent emiratisation

Dubai Islamic Insurance and Reinsurance Company (AMAN) said it had registered highest rate of Emiratisation of jobs among insurance companies in UAE during the second quarter of 2006 with 22 per cent of posts already emiratized, according to its managing director Hussein Mohammed Al Meeza. . read more.If you would only take a few minutes and you'll undoubtedly find strictly the information that you are probing for. We have looked for several leading sites on the matter of Odd Jobs In Dubai and we have realized there is reliable material and awful material.

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