April 24, 2014
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
Hyderabad: Canon India plans to get into the network security camera market. “We have made forays into photo albums, cinematography and medical imaging. Sometime later this year, we will launch our first product in the Indian security camera market,” said Mr Alok Bharadwaj, Executive Vice-President, Cannon India.
Bengaluru: Infosys has partnered with telecom company Orange to provide Internet TV to its customers. Infosys will deliver a portfolio of interactive TV apps on the Orange Livebox Play. The TV apps will be powered by Infosys DigitizeEdge, a digital asset and experience platform for TV operators, media companies, advertisers and content publishers.
Bellary: JSW Steel plans to commission Rs 4,500 crore (US$ 736.43 million) cold rolling mill (CRM) at its integrated steel plant in Torangal, Karnataka, on April 25, 2014. The unit, which will produce high-strength auto-grade steel, has an installed capacity of 2.3 million tonnes per year (MTPA).
Mumbai: The agriculture division of Mahindra and Mahindra (M&M) has entered into a joint venture with Holland-based seed company HZPC for sourcing high quality potato seeds for Indian farmers.
New Delhi: India will be a key focus market for Germany-based tyre major Continental for new investments. The company is open to fresh acquisitions in India to gain a sizeable foothold faster.