| POLICY WATCH |
|
Sebi to extend Asba to HNIs, corporates
| India's capital market regulator, the Securities and Exchange Board of India (SEBI), is to extend the reach of Application Supported Blocked Amount (ASBA) to investor categories such as high net worth individuals (HNIs) and corporate investors. |
|
[More]
Govt appoints task force for content code
| The Information and Broadcasting Ministry has set up a task force, which includes representatives from the government as well as those from television industry, to speed up the effort to create a Broadcast Regulatory Authority and to develop a content code for the television sector. |
|
[More]
Overseas borrowing for telecom companies eased
| The Reserve Bank of India (RBI) has eased norms for telecommunication companies borrowing money from abroad, allowing telecom companies to make use of funds raised through external commercial borrowings (ECBs) to buy airwaves for the launch of 3G telephony. |
|
[More]
|
| PEOPLE |
|
Lata Mangeshkar awarded Legion d'Honneur
| Lata Mangeshkar, referred to as the 'Nightingale of India' has been honoured with the Insignia of 'Officier de la Legion d'Honneur' (Officer of the Legion of Honour), France's highest civilian award. |
|
[More]
Indian-origin achievers honoured by Institute of Asian Businesses
| A number of achievers of Indian origin have been honoured by the Institute of Asian Businesses, UK. Among those honoured were Piali Ray who won the Outstanding Business Person of the Year award and Jabbar Khan who bagged Outstanding Student/Young Entrepreneur of the Year award. |
|
[More]
NRI entrepreneur receives Asian Leadership Award
| Non-resident Indian (NRI) entrepreneur, Maneck Dalal, Chairman of the Bharatiya Vidya Bhavan UK, has been bestowed with the Asian Leadership Award, for his role in promoting Indian art and heritage in the United Kingdom. |
|
[More]
|
|
|
| ECONOMY AND ENTERPRISE |
|
Industrial growth crosses 10% in Oct
| India's industrial output increased 10.3 per cent in October 2009, as compared to October 2008, with manufacturing output growing 11.1 per cent. The cumulative industrial growth for April-October 2009 came in at 7.1 per cent—higher than the 4.3 per cent for the corresponding seven months of 2008-09. |
|
[More]
East European nations woo India Inc
| Indian companies are expected to constitute a significant share of the expected €4 billion (US$ 5.93 billion) investment that eastern Europe is projected to get in 2010, according to Thomas Maier, Business Group Director-Infrastructure, European Bank for Reconstruction and Development (EBRD). |
|
[More]
Auto cos race to record monthly sales
| India's top car companies posted record sales in November 2009, with companies such as Maruti Suzuki and Hyundai Motor India reporting their highest ever monthly sales and the small car segment continuing to grow. |
|
[More]
Indian pharmaceutical industry valued at over US$ 20 billion
| India's pharmaceutical industry is now the third largest in terms of volume and stands at US$ 20 billion, according to the Ministry of Chemicals and Fertilisers. |
|
[More]
Top cement firms post strong dispatches in Nov
| Leading cement firms—Aditya Birla Group companies, Shree Cement, Jaiprakash Associates, etc—have posted positive numbers in November 2009, on the back of a surge in demand for building material. |
|
[More]
TCS banking tool for China ranked No. 1
| The BaNCS Core Banking of Tata Consultancy Services (TCS) has been ranked as the leading core banking solution in China for the third consecutive year, based on its performance in 2008, by IDC, a global information technology (IT) research provider. |
|
[More]
Mahindra Satyam ramps up services in Malaysia
| IT consulting and services provider, Mahindra Satyam, plans to enlarge its Global Solution Centre (GSC) operations in Malaysia, by moving more global software development and delivery operations to its GSC. |
|
[More]
Cognizant inks R&D pact with UK-based Invensys Rail
| Chennai-based Cognizant Technology Solutions has signed a five-year, multi-million dollar contract with UK-based railway control and communications systems provider, Invensys Rail Group (IRG). |
|
[More]
| |
|
|
|
| With the Indian government approving more than 1,400 projects as part of the Clean Development Mechanism (CDM), the country stands to attract around US$ 6 billion by 2012. Meanwhile, companies such as HUL and ITC, have earned voluntary emission reduction (VERs) and certified emission reduction (CERs) credits for measures to reduce their carbon footprint. HUL was awarded 52,000 VER credits for developing a new soap-making process that eliminates the need for steam altogether. |
|
| |
|
|
|
|
|
|
"India offers a new and promising market for our innovations and products."
Hans-Matthias Vorbrodt
Managing Director
Orgentis Chemicals Ltd |
|
|
|
|
|
|
| India has joined an elite group of six countries, which have successfully decoded the human genome indigenously, according to the Council of Scientific and Industrial Research (CSIR). |
|
[More]
|
|
|
|
|
Green mission campaign pays; Sikkim declared 'eco-friendly tourism state'
| The Himalayan State of Sikkim has been declared an 'Eco-friendly Tourism State' by the Centre in recognition of its efforts "to sustain, maintain and enrich the State's environment and ecology". |
|
[More]
India will cut carbon intensity by 20%
| India has announced its willingness to cut its carbon intensity—the amount of carbon dioxide emitted for every unit of the gross domestic product (GDP)—between 20 and 25 per cent by 2020 compared with 2005 levels. |
|
[More]
Solar power projects worth Rs 50,000 crore in plan pipeline
| The Rajasthan Renewable Energy Corporation (RREC) has received 90 proposals for a total of 3,000 MW capacity to set up solar power ventures. Projects with a capacity of 66 MW by companies including Jindal Power, Par Solar, GVK Power and Moser Baer Photovoltaic Ltd, have been approved. |
|
[More]
|
|
| |
