| POLICY WATCH |
|
Government to clear 100 per cent FDI in mining
The Government is all set to allow 100 per cent FDI in titanium ore mining under the automatic route. [More]
New wagon policy to involve private players
The Indian Railways is finalising a new policy to bring state-of-the-art technology in wagon manufacturing and maintenance, and to allow private players to procure wagons on lease. [More]
'Common FDI norms for cable, DTH, HITS & radio'
Telecom regulator TRAI has asked the government to bring the FDI sectoral cap for cable TV services, Direct-to-Home services, Head End in the Sky and satellite radio to 74 per cent - on par with the FDI sectoral cap for the telecom sector. [More]
|
| PEOPLE |
|
Sonia Gandhi, Indra Nooyi among world's 10 most powerful women
Sonia Gandhi has been placed sixth, a notch behind Indra Nooyi, the Indian American chairman and chief executive of PepsiCo, in the Forbes list of the world's 100 most powerful women. [More]
Ambani Brothers among world's top 50 who matter most
Mukesh and Anil Ambani have been named the most influential people in business, in the second annual list of 'The 50 Who Matter Now' published by Fortune group magazine Business 2.0. [More]
Indian journo P Sainath receives Magsaysay Award
Well-known Indian journalist Palagummi Sainath received the 2007 Ramon Magsaysay Award, Asia's equivalent of the Nobel Prize, for his rural journalism. [More]
|
|
|
| ECONOMY AND ENTERPRISE |
|
India shines: April-June GDP grows 9.3 per cent
India's economy in the April-June quarter grew a faster-than-expected 9.3 per cent from a year earlier, led by robust manufacturing and services. [More]
NSE becomes world's 2nd fastest growing stock exchange
The National Stock Exchange has become the world's second fastest-growing bourse in terms of number of listed companies, while the Bombay Stock Exchange has consolidated its position as the biggest bourse. [More]
Banks give spirited support to M&As
Growing M&A activities and expansion plans resulted in banks giving record loans to Indian companies. This year loans amounted to nearly US$ 17.7 billion, against US$ 12 billion in the corresponding period of 2006. [More]
Karnataka set to become largest granite exporter
With Karnataka opening up new areas for quarrying Jet Black granite, it is set to overtake Andhra Pradesh as the largest granite exporter this financial year. [More]
At 100, Tata Steel aims to double output
India's Tata Steel, the world's sixth largest steelmaker, planned to more than double production by 2015 as it celebrated the 100th anniversary of its founding. [More]
Karuturi's bed of roses in full bloom
Bangalore-based Karuturi Networks has acquired Dutch floriculture major Sher Agencies in a US$ 69 million deal to become the world's biggest rose producer. [More]
Adani Group to invest US$ 308.11 million in container trains, rail-linked ICDs
The Adani Group will invest nearly US$ 308.11 million to operate container trains and establish rail-linked inland container depots (ICDs) at 10 places across India. [More]
Bajaj Electricals to quadruple turnover in 6 years
The US$ 268.81 million Bajaj Electricals plans to quadruple its turnover in six years, through acquisitions in existing businesses and forays into new areas. [More]
| |
|
|
|
Munch magic
ITC's strategy has put Bingo in the number one slot - in India's US$ 488.82 million branded snack market - within six months of its launch, even taking on cash-rich multinationals like PepsiCo-owned Frito Lay.
[More]
| |
|
|
|
|
|
|
I have never seen India so dynamic, vibrant and full of business opportunities.
Peter Loescher
President and Chief Executive
Siemens |
|
|
|
|
Mobile phone production in India will grow at a rate of 28.3 per cent - from 31 million units in 2006 to 107 million in 2011. [More]
|
|
|
|
|
ADB's Carbon Fund eyes projects in India
For Asia Pacific Carbon Fund, India is a priority for renewable energy and energy efficient projects. [More]
Karnataka buses to run on ethanol-blended fuel
India's third largest public transport provider, Karnataka State Road Transport Corporation, has adopted innovative environment-friendly initiatives. [More]
|
|
|
|