african markets

Escorts focuses on Africa to export tractors


September 5th, 2012 - 9:04 pm ICT by IANS
Kolkata, Sep 5 (IANS) Escorts Limited, a leading manufacturer and supplier of agri-machinery products, is focusing on African markets to export its tractors as the farm sector in country is ... Read more...

Posted in Business |

Emami to open plants in Bangladesh and Egypt


July 6th, 2012 - 3:34 pm ICT by IANS
Kolkata, July 6 (IANS) Emari, the Indian personal and healthcare consumer products company, will open two manufacturing plants, one each in Bangladesh and Egypt, in the current financial year, expanding ... Read more...

Posted in Business |

Emami Q4 profit jumps 32.6 percent


May 8th, 2012 - 10:50 pm ICT by IANS
Kolkata, May 8 (IANS) Emami Group Tuesday reported a consolidated net profit of Rs.723.70 million for the quarter ended March 31, as compared to Rs.545.70 million in the same period ... Read more...

Posted in Uncategorized |

Zimbabwe invites Indian investment in infrastructure, mining


March 18th, 2012 - 10:49 pm ICT by IANS
New Delhi, March 18 (IANS) Indian companies were Sunday invited to invest in various sectors in Zimbabwe, including infrastructure development, mining and diamond cutting and polishing."I invite the Indian business ... Read more...

Posted in Business |

Mauritius invites Indian investments


February 8th, 2012 - 7:28 pm ICT by IANS
New Delhi, Feb 8 (IANS) Assuring a safe and high-return environment, Mauritius Prime Minister Navinchandra Ramgoolam Wednesday asked Indian entrepreneurs to step up investments through partnerships and joint ventures, ... Read more...

Posted in Business |

Defence tech to be showcased products at India-Africa meet


October 11th, 2011 - 2:47 pm ICT by IANS
New Delhi, Oct 11 (IANS) India's premier defence research agency will exhibit 35 technologies from its laboratories at the two-day India-Africa business meet in Hyderabad from Wednesday.The Defence Research and Development ... Read more...

Posted in Uncategorized |

After roses, Bangalore firm to grow foodcrops in Ethiopia


August 31st, 2011 - 1:34 pm ICT by IANS
Addis Ababa, Aug 31 (IANS) After making Ethiopia among the top sources globally for cut roses, a Bangalore-based company now plans to plant over 20,000 hectares of land there, almost ... Read more...

Posted in Uncategorized |

India-China competition benefiting Africa: Diplomats


May 24th, 2011 - 11:11 am ICT by IANS
Chandigarh, May 24 (IANS) Growing competition between India and China is helping African countries get quality expertise and investments from two of Asia's fastest growing economies, say African diplomats."We ... Read more...

Posted in Business |

Mitsui shipping to double business in India


May 17th, 2011 - 11:28 pm ICT by IANS
Hyderabad, May 17 (IANS) Mitsui OSK Lines, the world's largest shipping and multi-modal transportation company, plans to double its business in terms of volumes in India with the launch of ... Read more...

Posted in Business |

Textiles sector calls for stable growth policy


January 19th, 2011 - 10:23 pm ICT by IANS
Chennai, Jan 19 (IANS) The Indian government should have a stable policy for the textiles industry which needs to adopt a uniform growth plan, an experts panel said here Wednesday.A panel discussion ... Read more...

Posted in Business |

Vibgyor Vehicles to export two-wheelers to Africa, Nepal


December 21st, 2010 - 8:38 pm ICT by IANS
Kolkata, Dec 21 (IANS) Two-wheelers maker Vibgyor Vehicles plans to enter Nepal and African markets by March 2011, a top official of the company said here Tuesday."We have plans to export our ... Read more...

Posted in Business |

Indian Overseas Bank to float software subsidiary


November 11th, 2010 - 4:35 pm ICT by IANS
Chennai, Nov 11 (IANS) City-based Indian Overseas Bank (IOB) plans to float a banking software subsidiary to tap the Asian and African markets, the bank's top official said Thursday."Our core banking ... Read more...

Posted in Business |

HD Medical developing hand-held ultra sound equipment


November 3rd, 2010 - 5:12 pm ICT by IANS
Chennai, Nov 3 (IANS) City-based medical devices company HD Medical Services is working on a stethoscope that can look deep into the body, transmit the sounds while displaying the images on a ... Read more...

Posted in Sci-Tech |

Clark and Kent launches Asia coverage for global clients


October 30th, 2010 - 11:45 am ICT by ANI
Mumbai, Oct.30 (ANI-Business Wire India): Clark and Kent, a highly specialized executive search and selection company, is helping its international clients acquire C-level talent in emerging markets, especially in Asia.It is looking ... Read more...

Posted in Business |

Dabur Q2 net profit rises 15.3 percent (Lead)


October 27th, 2010 - 7:45 pm ICT by IANS
New Delhi, Oct 27 (IANS) India's fast moving consumer goods major Dabur India Wednesday reported a 15.3 percent rise in net profit at Rs.160.35 crore for the quarter ended Sep 30 ... Read more...

Posted in Business |

India’s Exim Bank gets $150 mn to push India-Africa trade


October 8th, 2010 - 12:39 pm ICT by IANS
By Arun Kumar Washington, Oct 8 (IANS) India's Export-Import Bank has secured a $150 million international loan to help expand Indian exporters' access to finance, including for small and medium enterprises, and support ... Read more...

Posted in Business |

Micromax sells minority stake to venture capital firms


September 20th, 2010 - 9:13 pm ICT by IANS
New Delhi, Sep 20 (IANS) Indian mobile handsets maker Micromax Monday said that it has sold a minority stake amounting to Rs.2 billion to venture capital players Sequoia Capital and Sandstone Capital ... Read more...

Posted in Business |

Lotte commissions new plant, mulls entry into hotel segment


July 21st, 2010 - 9:11 pm ICT by IANS
Chennai, July 21 (IANS) South Korean confectionery major Lotte group is looking at diversifying into the Indian hospitality and retail sectors. Dong Bin Shin, vice chairman of the group, disclosed this Wednesday during ... Read more...

Posted in Business |

HCL Infosystems picks up 60 percent stake in Dubai firm


July 8th, 2010 - 8:03 pm ICT by IANS
New Delhi, July 8 (IANS) HCL Infosystems Thursday said it has acquired a 60 percent stake in NTS Group, a leading Dubai-based IT services and solutions company. Though the company did not ... Read more...

Posted in Business |

Dubai to host paper exhibition in September


July 5th, 2010 - 11:50 pm ICT by IANS
Dubai, July 5 (IANS/WAM) More than 150 exhibitors from 30 countries will showcase the latest technologies used in paper production during a three-day exhibition to be held in Dubai September 26-28. The "Paper ... Read more...

Posted in Business |

India, South Africa should develop joint initiatives to promote innovations: President Zuma


June 4th, 2010 - 9:37 pm ICT by ANI
New Delhi, June 4 (ANI): South African President Jacob Gedleyihlekisa Zuma said on Friday that India and South Africa should develop joint initiatives to promote innovations to ride the current global wave ... Read more...

Posted in National |

India, Seychelles sign two agreements


June 2nd, 2010 - 8:54 pm ICT by IANS
New Delhi, June 2 (IANS) India and the Seychelles Wednesday signed two economic agreements as the visiting president of the Indian Ocean nation James Michel invited Indian firms to invest in ... Read more...

Posted in Business |

Wipro buys part of Yardley cosmetic business for $45 mn (Lead)


November 5th, 2009 - 4:58 pm ICT by IANS
Bangalore, Nov 5 (IANS) Consumer care arm of IT bellwether Wipro Thursday announced it had acquired part of Yardley cosmetic products business from the British-based Lornamead group for $45 million (Rs.2.14 billion/Rs.214 ... Read more...

Posted in Business |

Wipro buys part of Yardley retail business for $45 mn


November 5th, 2009 - 1:51 pm ICT by IANS
Bangalore, Nov 5 (IANS) Wipro Consumer Care and Lighting, the FMCG arm of the IT bellwether, Thursday announced the acquisition of Yardley personal care business in Asia, Middle East, Australasia and some ... Read more...

Posted in Business |

Indian Tea Board trying to open up more African markets


July 26th, 2009 - 3:50 pm ICT by IANS
By Fakir Hassen Johannesburg, July 26 (IANS) Having helped promote Indian teas in North Africa with Egypt as a major market, the Tea Board of India is now looking at heading south of ... Read more...

Posted in Business |

BEML bags construction equipment orders worth Rs 241 crores


July 15th, 2008 - 8:31 pm ICT by ANI
New Delhi, July 15 (ANI): Bharat Earth Movers Limited (BEML) today bagged construction equipment orders worth Rs 241 crores from Indonesia, Singapore, Tunisia and Malawi.BEML has bagged export supply orders for ... Read more...

Posted in National |

More incentives needed to increase exports to Africa: Ficci


April 7th, 2008 - 11:48 pm ICT by admin
(Lead)New Delhi, April 7 (IANS) An apex Indian business chamber Monday said that India could double the volume of its bilateral trade with Africa to $50 billion in 2012 by announcing incentives ... Read more...

Posted in Business |

Indian exports to Africa can touch $50 bn by 2012: Ficci


April 7th, 2008 - 7:33 pm ICT by admin
New Delhi, April 7 (IANS) A day before India and African heads of state meet for the first-ever India-Africa forum summit, an apex Indian business chamber released a survey saying India should ... Read more...

Posted in Business |

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