Zimbabwe rivals united in power

Zimbabwe's president Robert Mugabe and opposition leader Morgan Tsvangirai have agreed to share political power. The agreement reached a consensus after four days of mediation at Harare, brokered by South African President Thabo Mbeki. The agreement would be signed and make public later. Post agreement, Mr Tsvangirai would be Prime Minister with Mr Mugabe continuing as president.

Indian logistics industry likely to grow 15 - 20 %

According to a report by Cushnam and Wakefield the Indian logistics Industry is expected to grow at 15% to 20 % per annum by 2015. As per C& W estimates, the marker share of organized logistics players is likely to double to approximately 12% in the same period. The new logistics centers will give big boost to the industrial activities in the country. The report also revealed that 110 logistics parks spread over 3,500 acres at an estimated cost of $1 billion are expected to be operational by2012. Around 45 million sq ft of warehousing space will be ready in the next four years.Also fdaware.com.

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