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India A Snapshot

Fiscal Year:

India to outperform emerging markets in 2016: Morgan Stanley survey

Mumbai: The Indian market is expected to outperform emerging markets in 2016, despite the global economic slowdown and weakening conviction among investors, as per a survey conduct...

March 22, 2016

Indian visitors to Melbourne increase by 24% in 2015

Indian visitor to Melbourne, the capital of the state of Victoria in Australia, have increased by 24 per cent year-on-year, whereas the total Indian visitors to Victoria increased 35 per cent in 20...

March 22, 2016

Nippon Life, AIA, Sun Life & 12 other FDI proposals cleared

New Delhi: Foreign Investment Promotion Board (FIPB) has cleared 15 foreign direct investment (FDI) proposals including large investments in the insurance sector by Nippon Life Ins...

March 22, 2016

India's per capita income to cross Rs 1 lakh in FY17

New Delhi: According to The World Bank, India's per capita income is expected to cross Rs 100,000 (US$ 1,505.4) in FY 2017 from Rs 93,231 (US$ 1,403.5) in FY 2016.

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March 21, 2016

Cisco to invest US$100 million in India over two years; to train over 250,000 students

New Delhi: Cisco Systems plans to invest US$ 100 million in India over the next 18 to 24 months, that will be used to fund early-stage and growth-stage companies in the country, op...

March 21, 2016

Airbus to set up India training centre with US$ 40 million investment

Mumbai: Airbus, leading European aircraft manufacturer, plans to invest US$ 40 million to set up a pilot and maintenance training center in New Delhi, which will be operational by ...

March 18, 2016

Government introduces bill to ease rules for India Inc

New Delhi: Finance minister Mr Arun Jaitley has proposed amendments to the Companies Act to remove the restriction of routing funds through only two layers of investment companies ...

March 18, 2016

Growth in services business helps Dell's India revenues cross US$ 2 billion

Bengaluru: Dell India has reported a record US$ 2 billion revenues from India, led by significant growth in its services business during FY 2014-15.

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March 17, 2016
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