| POLICY WATCH |
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No separate licence needed for 3G: Trai
The Telecom Regulatory Authority of India (TRAI) has recommended auctioning of 3G spectrum under the existing licences. No separate licence will be needed to start 3G services. [More]
FDI in food processing seen trebling by 2009
The government is looking forward to a three-fold increase in FDI in the food processing sector over the next couple of years. [More]
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| PEOPLE |
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Prahalad world's most influential thinker
CK Prahalad, the India-born management guru and academician, has been voted the world's most influential living management thinker - ahead of Bill Gates, Alan Greenspan and Richard Branson. [More]
Anand Jain, Adani, Thapar among 10 Forbes debutants
Ten new people have made it to the list of India's top billionaires in the Forbes list of the World's Richest People in 2007. The four richest Indians are worth US$ 180 billion. [More]
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| ECONOMY AND ENTERPRISE |
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124mt steel output by 2011
India's steel production is set to go up to 124 MT by 2011-12, growing at 15 per cent in the first half of 2007. [More]
Cement industry to add 111 million tonne capacity by 2010
India's cement industry is poised to add 111 MT of annual capacity by 2009-10 (FY10), riding on the back of an estimated 141 outstanding cement projects. [More]
Manufacturing beats IT, pharma in returns
India's manufacturing sector was the top performer in creating shareholders' value, according to a study by Boston Consulting Group and the Confederation of Indian Industry. [More]
Indian telecom market to be at US$ 87.33 billion by 2012
India's telecom industry is expected to reach a size of US$ 87.33 billion by 2012, with a growth rate of over 26 per cent. [More]
Services exports soar to put India at No.10
India ranked No. 10 in services exports in 2006 and its share in world commercial services exports rose to 2.7 per cent. [More]
Tech Mahindra to invest US$ 252.07 million on three software units
Tech Mahindra, one of India's largest IT services and telecom solutions providers, will invest US$ 252.07 million to set up software development centres at Chandigarh, Noida and Jaipur. [More]
PVR to invest US$ 100.83 million in 250 screens
Multiplex chain operator PVR plans to invest up to US$ 100.83 million over the next three years to set up 250 screens across India. [More]
Airtel retains lead, adds 20,00,00 users
According to the Cellular Operators' Association of India, the GSM operators' body, Bharti Airtel has retained its leadership position with a market share of 31.88 per cent in October. [More]
Indowind set for US$ 100 million buy
Indowind Energy plans to acquire a wind energy company in Europe for an estimated price of US$ 100 million. [More]
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Raise a Toast
Wine sales in India are growing at about 30 per cent annually. The Indian wine market is rapidly evolving, with India also having reduced tariffs on imported liquor to 150 per cent, from 550 per cent. [More]
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We want to give Indian investors an opportunity to be a part of the world's largest steel company and would like to list Arcelor-Mittal in India.
LN Mittal
President and CEO
Arcelor-Mittal |
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After Delhi Delight, Manhattan Mania, 21 Love, Rum Raisin, and Nutty Buddy, among other ice cream flavours, Nirula's has launched India's first ice cream museum. [More]
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Tata, ISRO team up to launch hydrogen-powered vehicle
Tata Motors and space research agency ISRO have entered into an agreement to launch a prototype of the world's cleanest vehicle. [More]
World takes note of Mumbai start-up's waste-to-fuel tech
Sustainable Technologies and Environmental Projects Ltd. eliminates the usual harmful residue to convert plastic, organic and electronic waste into petroleum. [More]
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