India and Russia to give shape to joint 'economic vision' package

India and Russia have planned to improve their trade and economic ties through a joint "economic vision" package including the possibility of joining a Customs Union in Eurasian region and increasing trade via Iran.

17 Indian firms to be part of global growth companies

The World Economic Forum (WEF) has selected 17 Indian companies to be part of its Global Growth Companies (GGCs) in South Asia. "We look forward to the active role they will play at our meeting in New Delhi, working with the region's leaders to foster inclusive and sustainable growth," said Mr David Aikman, MD and Head of New Champions, WEF.

RIL, ONGC in top 30 transparent companies

Reliance Industries Ltd (RIL) and Oil and Natural Gas Corporation (ONGC) from India have obtained ninth and 26th positions respectively in the global list of 124 companies evaluated on various aspects of transparency.

Ministry of MSME and ILO sign MoU to support Make in India

The Ministry of Micro, Small and Medium Enterprises (MSME) has signed a memorandum of understanding (MoU) with the International Labour Organisation (ILO) to support the Government of India's 'Make in India' programme.

Banking, finance firms to spend Rs 469 billion on IT in 2014

Indian banking and securities companies are expected to spend Rs 469 billion (US$ 7.64 billion) on internal and external IT services, software, hardware and telecommunications in 2014, according to Gartner Inc.

Wind energy sector to attract Rs 20,000 crore investments

Wind energy market of India is expected to attract about Rs 20,000 crore (US$ 3.25 billion) of investments next year, as companies across sectors plan to add 3,000 megawatt (MW) of capacity powered by wind energy.

Sanofi seeks India licence for world's first dengue vaccine

Sanofi Aventis Group has applied for license from India for the world's first dengue vaccine, which is expected to provide encouraging results.

Google announces Indian Language Internet Alliance

Google has announced the Indian Language Internet Alliance and aims to acquire 500 million users in India by 2017, in order to harness the demand for the Indian language content on the internet.

FII debt holding through p-notes double this year

The value of debt investments of foreign investors in India through participatory notes (P-notes) has increased from Rs 9,500 crore (US$ 1.54 billion) in December 2013 to a record level of Rs 21,687 crore (US$ 3.53 billion) in September 2014.

IIT-B develops 10-inch netbook that costs less than US$ 100

Funded by the National Mission on Education through ICT (NMICT), the Indian Institute of Technology-Bombay (IIT-B) has developed a prototype of a 10.1-inch netbook that costs less than US$ 100.