| POLICY WATCH |
|
Trai favours FDI cap of 74 per cent for mobile TV
The Telecom Regulatory Authority of India (Trai) has recommended auction of mobile television spectrum and that foreign direct investment (FDI) in the sector be kept at 74 per cent. [More]
Government plans financial sops for solar power units
This will enable developers to overcome high initial costs, ensuring that the electricity generated by these units is cost competitive. [More]
Cess, purchase tax, octroi outside GST
Central cess like education and oil cess will be kept outside the dual goods and service tax (GST) structure, from April 2010. [More]
|
| PEOPLE |
|
Bush names India-born professor to US Humanities Council
Jamsheed Choksy, a Mumbai-born professor at Indiana University, has been nominated as a member of the prestigious US National Council on the Humanities. [More]
Indian-American gets Sardar Patel award
Rajesh Bhagat, President of Indian Diamonds and Colorstone Association, US, has received the Sardar Patel Award 2007 for services to NRIs. [More]
Queen honours Bhangra singer Malkit Singh
Heading the list in terms of importance is novelist and playwright Hanif Qureshi who was made a Commander of the British Empire (CBE). [More]
|
|
|
| ECONOMY AND ENTERPRISE |
|
India's December manufacturing growth at 33-month high: PMI
Indian manufacturing activity, in December 2007, expanded at its fastest pace in almost 3 years, according to ABN AMRO Bank's purchasing managers' index. [More]
India to become trillion-dollar wealth management market by 2012
Indians will have US$ 1 trillion in investable wealth by 2012, with the country's robust economic growth expected to drive a four-fold surge from just US$ 250 billion in 2007. [More]
India Inc sells record shares in 2007
Indian companies sold shares worth a record US$ 11.52 billion in 2007 through public issues, 83 per cent higher than last year's mobilisation of US$ 6.30 billion. [More]
ITeS market set to cross US$ 25.43 billion in 2008: IDC
With 27 per cent growth in 2007, India's IT-enabled services (ITeS) sector is set to cross the US$ 25.43 billion mark in 2008, says IT research company IDC (India). [More]
Jindal Steel gets Bolivia nod for US$ 2 billion plan
The National Congress of Bolivia has approved Jindal Steel & Power's plan to develop the El-Mutun iron ore mine and set up a 1.7 million tonne per annum steel plant. [More]
60 cars that will rock India in 2008
Car majors have lined up a range of new models, from haute hatchbacks and green tech hybrids to super premium luxury cars. [More]
Videocon to invest US$ 5 billion on building three power projects
Videocon Industries will set up thermal power projects aggregating 5,000 MW in Gujarat, West Bengal and Chhattisgarh. [More]
OVL-Hinduja plan US$ 20 billion investment
ONGC Videsh (OVL) and the UK-based Hinduja group plan to invest about US$ 20 billion in exploration assets in Iran and in a refinery and LNG terminal in India. [More]
XL Telecom to invest US$ 255.42 million in solar power
XL Telecom & Energy is entering the power generation business with initial investments in Spain in the field of solar energy. [More]
| |
|
|
|
Auto Expo gears up for 25 launches
The Indian automotive industry is gearing up for the 9th Auto Expo 2008, with the theme 'Mobility for All'. Including about 2000 participants and 1,20,000 sq ft of display area, it is one of the largest automotive expositions in Asia. [More]
| |
|
|
|
|
|
|
The thumb rule is to have 30 per cent localisation and global content ... to succeed here (in India) is to have a 'global brand with local heart'
Muktesh Pant
Chief Marketing Officer
Yum! Restaurants International |
|
|
|
|
What could well herald a revolution in the online medium, India's first online serial will also involve the first online talent hunt, called the 'Digistars - War of Videos'. [More]
|
|
|
|
|
Organic farming gains momentum in India
India's area under organic cultivation may cross the 2 million-hectare mark by 2012: National Centre for Organic Farming. [More]
Indians on a 'green drive' as CNG vehicles touch over 3,54,000
More consumers will shift to alternate fuels with India's automotive industry gearing up to provide more options on this platform. [More]
|
|
|
|