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India Brand Equity Foundation

CXLX

September 17, 2007

 

The Indian healthcare IT market is the fastest growing in Asia - with an expected growth rate of 22 per cent - says a Springboard Research report.

India is leading the employment growth in Asia Pacific in the fourth-quarter hiring outlook survey by US-based consultant Manpower.

And, India's software and services sector also continues to grow - with exports estimated to have grown at a robust 32 per cent, to US$ 31.3 billion for 2006-07.


Jayant Bhuyan
CEO, India Brand Equity Foundation
& Deputy Director General, Confederation of Indian Industry
 
 

  POLICY WATCH
Parliament passes Competition Bill
As per a new bill that gives teeth to the regulator - Competition Commission of India - to deal with a host of contemporary economic issues including monopolies and takeovers of corporate firms, the Commission will ultimately replace Monopolies and Restrictive Trade Commission. [More]

India plans innovation law to boost research
The government would soon bring in a comprehensive legislation, the India Innovation Act, to boost research and innovation in the country. [More]

Floriculture likely to come under agriculture
Blooming sectors, namely nursery and floriculture, are likely to come under the definition of agriculture. [More]


  PEOPLE
Premji world's richest Muslim entrepreneur: WSJ
India's software czar Azim Premji is also the world's richest Muslim entrepreneur, as he holds more wealth than any other Muslim outside the Persian Gulf royalty, Wall Street Journal reported. [More]

Four Indians to get TR35 2007 Young Innovator award
Four Indians feature in TR35 2007 Young Innovator award for their contribution in medicine, computing, communications and nanotechnology, among other fields of science and technology. [More]

Angad Paul wins entrepreneur award
Angad Paul, chief executive officer, Caparo Group, has received the GG2 leadership and diversity award for Entrepreneur of the Year. [More]


IBEF Newsletter

  ECONOMY AND ENTERPRISE
India fastest growing healthcare IT market in Asia: report
India is Asia's fastest growing healthcare IT market, with an expected growth rate of 22 per cent, followed by China and Vietnam, says a Springboard Research report. [More]

India leading the employment growth in Asia Pacific
India, the world's second fastest growing economy, is leading the employment growth in Asia Pacific followed by Singapore, Australia, New Zealand and Hong Kong. [More]

Software exports up 32 per cent in FY 2007 at US$ 31.3 billion: Government
India's software and services export is estimated to have grown at a robust 32 per cent to US$ 31.3 billion for 2006-07, according to Department of Information Technology. [More]

India to become top sugar producer
India is expected to overtake Brazil as the world's top sugar producer in 2007/08 (October/September), the International Sugar Organization (ISO) said. [More]

Car sales zoom 18 per cent in August; MUL takes lead
India's car sales gained in August at the fastest pace in six months, bolstering demand for Maruti Udyog's SX4 sedan and General Motors' Chevrolet Spark. [More]

CERC gives nod to country's first power exchange
The Indian Energy Exchange Limited, a joint venture company formed by Financial Technologies (India) Limited and Multi Commodity Exchange, has got the Central Electricity Regulatory Commission (CERC) nod to set up the first nation-wide power exchange. [More]

7 Indian firms among top 250 global energy companies
Seven Indian companies are in the list of the world's 250 top performing energy firms, with Reliance Industries, ONGC and NTPC grabbing the top Asian ranks. [More]

Wipro launches supercomputers
Wipro Infotech has launched a range of supercomputers, under the brand Supernova, to meet faster data crunching and storage needs of high-end scientific research labs. [More]

    SPECIAL
Let the kids have IT
PC brands are innovating furiously to come up with machines that appeal to India's young. [More]

 
QUOTE OF THE WEEK

 

 

India is a very exciting market and the luxury car segment is growing exponentially here.

Mr Paul de Voijs
Managing Director
Volvo Car India

 

 

 

    FACT OF THE WEEK
12 Indian companies - led by software giants TCS and Infosys - continue to outshine and dominate the annual ranking of the 'Forbes Asia Fabulous 50 List'. [More]

 
    SUSTAINABLE DEVELOPMENT
India Inc gets ready to cater to society
Over 80 per cent corporates are involved in corporate social responsibility, the trend spearheaded by MNCs who are now on a par with public sector undertakings in delivering to society. [More]

An organic farming drive in Kerala from November
Out to turn Kerala 'organically' green in the next five years, the state government is set to launch its scheme for organic farming, keeping out chemical fertilizers and pesticides. [More]





 
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