| POLICY WATCH |
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India plans sovereign wealth fund for energy assets abroad
India plans to set up a multi-billion dollar sovereign wealth fund to invest in energy assets overseas. [More]
M&As abroad may get boost
The cap on investments that a domestic company can make overseas could be removed to facilitate big-ticket Indian M&As abroad. [More]
IDR listing norms may be eased to attract foreign firms
Certain features of issuing Indian Depository Receipts (IDRs), equivalent of AGDRs, could be changed to make it easy for foreign firms to raise funds from the local market directly. [More]
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| PEOPLE |
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Indra Nooyi among US top 10 female CEOs
PepsiCo's NRI chief Indra Nooyi has been named in the Forbes' list of America's top 10 female chief executive officers (CEOs). [More]
Larsen & Toubro CMD Naik conferred Danish knighthood
AM Naik, CMD, Larsen & Toubro, has been appointed as Knight of the Order of the Dannerbrog, by the Queen of Denmark. [More]
Delhi student wins animal welfare award
Saumya Uttam has won the International Fund for Animal Welfare (IFAW) Young Achiever Award for 2007. [More]
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| ECONOMY AND ENTERPRISE |
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Growth story weaves new history
Confirming and even exceeding some projections, the Indian economy has moved decisively 'to a higher growth phase' as per the Economic Survey
2007-08. [More]
Railway Budget: Record outlays may benefit a host of companies
Backed by the largest ever annual plan outlay, the Railway Budget 2008-09 has also initiated a host of business opportunities for several companies. [More]
Manufacturing courts big bucks
Investment growth in the manufacturing sector during the Tenth Five Year Plan (2002-07) stood at 33.6 per cent, the highest among all sectors of the economy. [More]
Fabulous: India gets US$ 7 billion for Fab City
India's semiconductor ecosystem is poised to shape up with the government receiving seven confirmed investment proposals worth US$ 7 billion for Fab City in Hyderabad. [More]
Indian Pharmaceutical Industry: In the pink of health
The Indian pharmaceutical industry is fast evolving to become a US$ 100 billion industry in the coming years. [More]
General Insurance sector logs growth of 12 per cent in January
The General Insurance industry grew by about 12 per cent during January collecting US$ 633.9 million premium against US$ 566.8 million in the same month last year. [More]
Chennai set to become car export hub
Attracting global manufacturers like Hyundai, Renault SA, Nissan, and Ford, Chennai and Ennore ports are set to be the hub for car exports. [More]
FMCGs: In the fast lane, globally
The Indian FMCG industry's global campaign, which started around seven years back, now spans 15 companies in over a dozen markets. [More]
BSNL to spend US$ 4.7 billion in 2008-09
India's largest telecom firm, Bharat Sanchar Nigam Limited (BSNL), aims to double its turnover and expand its network over three years. [More]
Kalyani to have US$ 1.62 billion unit in West Bengal
Kalyani Steels plans to set up a 1-million-tonne per annum steel plant and a 500 megawatt-per-annum power plant. [More]
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Great Indian dream gets a core push
The outlay for major infrastructure sectors - energy, transport and communications - has been substantially hiked in the Union Budget 2008-09. For a live webcast of Finance Minister P Chidambaram's budget speech in the Parliament, click here.
[More]
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Unlike the past when a typical Merc owner (in India) would get the first car after he turned 45, now it is typically 35 to 37.
Suhas Kadlaskar
Head, Corporate Affairs
DaimlerChrysler India |
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A butterfly safari park - the first of its kind in India - has been opened to public at Kerala's Thennmala Eco-Tourism project. [More]
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India to have over 2,000 green buildings by 2012
Green building projects in India are expected to go up from the current 164, to over 2000 by 2012. [More]
Coca-Cola adds fizz to social responsibility with US$ 10 million trust
Coca Cola will start an India-specific arm to pursue its corporate social responsibility activities. [More]
Villagers across 12 states to benefit from mobile banking
Social security pensions and wages as per the National Rural Employment Guarantee Act scheme will now be paid with the help of mobiles. [More]
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