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Today's News
May 10, 2008


30 Fortune 100 firms, 10 Nobel winners by 2022: Prahalad
New Delhi: By 2022, India can have the world's largest pool of trained manpower, 30 companies in the Fortune 100 list, 10 per cent of world trade and 10 Nobel Prize winners, according to C.K Prahalad.


Car sales gain momentum in April
New Delhi: April witnessed a jump of more than 17 per cent in the car segment, while sales in the utility vehicle segment rose by 31 per cent, as compared with the corresponding month last year.


Global SMS revenues to hit US$ 165 billion by 2011
New Delhi: Revenues from mobile messaging are set to grow to US$ 165 billion by 2011 across the world, driven by the strong growth in India, China and North American markets.


Smaller telecompanies eye global acquisitions
New Delhi: Home grown smaller telecom firms such as Tulip IT and Kaveri Telecom are scouting for buy outs in a bid to expand their footprint into the global markets.


Private pension corpus set for big leap
New Delhi: India's private pension fund corpus would grow to over US$ 300 billion by 2020 if the new pension scheme (NPS) is made available to over 80 million informal sector workers.


US$ 16.02 billion works proposed through public-private partnership
Mumbai: Maharashtra government has proposed undertaking US$ 16.02 billion projects in the state for boosting infrastructure through the public-private partnership route.


Indiabulls to invest US$ 241.15 million in retail business
Mumbai: Indiabulls Real Estate Limited plans to invest US$ 241.15 million to expand its retail business in the next two and a half years.
 





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