| POLICY WATCH |
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Greenfield airport policy finalised
The new policy on greenfield airports has been finalised to include guidelines and licensing conditions for private (merchant) airports. [More]
Trai for 74 per cent FDI in cable TV
Opening the doors for foreign investments in the cable sector, the Telecom Regulatory Authority of India (Trai) has recommended a foreign equity cap of 74 per cent for companies that want to operate Headend in the sky (HITS). [More]
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| PEOPLE |
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Indian-American Bobby Jindal elected Governor of Louisiana
Bobby Jindal created history by getting elected Governor of Louisiana, the first Indian-origin Governor in the US. [More]
Mayawati in Newsweek’s top 8 women
Uttar Pradesh Chief Minister Mayawati has been profiled by US magazine Newsweek among eight global women leaders who have reached the top despite all odds. [More]
Indian-American physician honoured
The Emergency Services Council of Nassau county in New York has honouured Indian-American Dr Krishan Kumar with this year's 'Physician of Excellence' award. [More]
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| ECONOMY AND ENTERPRISE |
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Textile, apparel sourcing set to rise 12 per cent: CII-E&Y report
A higher growth trajectory has been forecast for India's textile and apparel sector, with sourcing from India by global retailers set to increase at a combined annual growth rate of 12 per cent. [More]
IT exports to touch US$ 80 billion by 2011: Government
The government expects IT exports to touch US$ 80 billion by 2011, growing at an average rate of 30 per cent annum. [More]
India to grow at 10 per cent in the next decade: Lehman
India's economy is at a take-off stage and is poised to grow as much as 10 per cent every year in the next decade, according to Lehman Brothers Asia. [More]
Deals worth US$ 10.5 billion take place in Indian banking
Merger and acquisition volume in India's banking space has increased significantly to US$ 10.5 billion in the year so far, as per a report by Dealogic. [More]
Air passenger numbers to touch 2.75 billion by 2011
The number of air passengers is projected to touch 2.75 billion by 2011 - an increase of 620 million against that recorded in 2006 - according to International Air Transport Association. [More]
India to challenge China in manufacturing
India is all set to threaten China's position as the world's backyard for manufacturing in the next 3-5 years, says a Capgemini report. [More]
Tatas in bid to take over Jaguar
Less than a year after acquiring Anglo-Dutch steelmaker Corus for US$ 13 billion, India's Tata group has set its sight on another pair of iconic British brands - Land Rover and Jaguar. [More]
L&T to build two ports for US$ 761.56 million
Larsen & Toubro, India's largest engineering and construction company, will build two new ports at a combined cost of US$ 761.56 million, and its third shipyard in the country.[More]
Sparsha Pharma setting up transdermal mfg facility
Sparsha Pharma will invest US$20 million in India's first transdermal drug delivery (skin patches) product manufacturing facility at Hyderabad. [More]
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Lighting, lifestyle, health high on Philips' agenda
Philips Electronics India, the domestic subsidiary of the Dutch giant, Royal Philips Electronics, has identified three core areas of business and is also working on consumer insights.
[More]
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| India, with a population of 1.1 billion, and a middle class that is larger than the entire population of US, is one of the world's largest untapped markets.
Satveer Chaudhary
Senator
Minnesota |
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The total number of wireless subscribers in India has reached 209.08 million and the tele-density stood at 21.85 per cent, as on 30 September 2007. [More]
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From licensing to innovation
Reliance, like some of the biggest Indian companies, is increasingly moving beyond business to address wider social concerns. [More]
Knitting success stories
The Society for Human Aptitude Knowledge Training & Implementation (Shakti), in West Bengal, trains youth in entrepreneurial skills in the services sector and small scale industries. [More]
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