attractive market

Volkswagen buys another 50.1 percent of Porsche for 4.46 bn euros


July 5th, 2012 - 7:01 pm ICT by IANS
Moscow, July 5 (IANS/RIA Novosti) German auto giant Volkswagen will buy another 50.1 percent of Porsche SE for 4.46 billion euros to complete its ownership of the sports car maker, ... Read more...

Posted in Business |

South Africa pitches for greater Indian investment


April 8th, 2012 - 4:35 pm ICT by IANS
New Delhi, April 8 (IANS) With an ambitious programme for development, South Africa plans to conduct road shows and business events in major Indian cities to attract investments in ... Read more...

Posted in Business |

Thomas Cook’s India business up for sale


February 8th, 2012 - 7:19 pm ICT by IANS
Mumbai, Feb 8 (IANS) Global travel business major Thomas Cook Wednesday said it was in the process of selling its 77.1 percent stake in its Indian subsidiary and had received ... Read more...

Posted in Business |

Qatar Airways to use synthetic fuel blend


November 23rd, 2011 - 5:02 pm ICT by IANS
Kolkata, Nov 23 (IANS) With the world's largest gas-to-liquid (GTL) plant in Qatar set to commence commercial production of the synthetic fuel by 2012, Qatar Airways Wednesday said it aims ... Read more...

Posted in Business |

Ricoh India aims to triple growth by FY13


September 9th, 2011 - 6:01 pm ICT by IANS
Kolkata, Sep 9 (IANS) Ricoh India, a subsidiary of Japan-based imaging solutions leader Ricoh Company, is eyeing three-fold growth in its revenue to Rs.900 crore by the 2013 fiscal, a ... Read more...

Posted in Business |

Wipro acquires majority stake in Brazil-based manufacturer


May 11th, 2011 - 3:15 pm ICT by IANS
New Delhi, May 11 (IANS) Indian IT bellwether Wipro Ltd Wednesday said it has signed an agreement to acquire majority stake in Brazil-based hydraulic cylinder manufacturer RKM Equipamentos Hidraulicos."Subject to ... Read more...

Posted in Sci-Tech |

Antony opens Asia’s biggest air show in Bangalore


February 9th, 2011 - 12:36 pm ICT by ANI
By Praful Kumar SinghBangalore, Feb 9 (ANI): Asia's biggest air show, Aero India 2011, was inaugurated today by Defence Minister AK Antony at Air Force Station, Yelahanka.Asia's premier air show will ... Read more...

Posted in National |

Suzlon signs wind power deal worth $1.28 bn


January 28th, 2011 - 2:49 pm ICT by IANS
Mumbai, Jan 28 (IANS) The country's largest wind power turbine manufacturer Suzlon Energy Ltd Friday said it had signed a $1.28 billion deal for building 1,000 MW of wind power projects to ... Read more...

Posted in Business |

European leaders disagree over China’s EU investments


December 28th, 2010 - 11:34 pm ICT by BNO News
BRUSSELS (BNO NEWS) -- European leaders are in disagreement over limiting China's European Union investments which increased by 12 percent this year, Deutsche Welle television reported on Tuesday.European Union industry commissioner Antonio ... Read more...

Posted in Business |

Latin America attractive market for Indian export: Minister


November 17th, 2010 - 8:51 pm ICT by IANS
New Delhi, Nov 17 (IANS) Indian exporters should focus on the emerging economies, especially Latin American countries, to sustain growth as demand in rich countries slackens, Minister of State for Commerce and ... Read more...

Posted in Business |

India for UNSC a cheque that can’t be easily cashed: Chinese daily


November 10th, 2010 - 12:42 pm ICT by IANS
Beijing, Nov 10 (IANS) US President Barack Obama's announcement of support for India's permanent membership in the UN Security Council (UNSC) is essentially "a cheque that cannot be easily cashed", said ... Read more...

Posted in World |

Indian luxury market to grow over 25 percent


September 30th, 2010 - 9:19 pm ICT by IANS
New Delhi, Sep 30 (IANS) Indian luxury market will grow more than 25 percent over the next few years as disposable income of the upper middle class is surging on the back ... Read more...

Posted in Business |

Indian biotech sector rebounds on global recovery


June 2nd, 2010 - 4:20 pm ICT by IANS
Bangalore, June 2 (IANS) Riding the global recovery, India's biotech industry bounced to high growth in fiscal 2009-10 to post revenues of $4 billion (Rs.18,500 crore), a whopping 52 percent over the ... Read more...

Posted in Business |

Extra small condom for 12-year-olds on sale in Switzerland


March 4th, 2010 - 2:34 pm ICT by ANI
London, Mar 4 (ANI): Extra small condoms for boys as young as 12 are going on sale in Switzerland after research found that not enough 12 to 14-year-old boys were having protected ... Read more...

Posted in World |

Defence Minister to inaugurate Defence Expo 2010 on Monday


February 12th, 2010 - 9:27 pm ICT by ANI
New Delhi, Feb 12(ANI): Defence Minister A.K. Antony will inaugurate the sixth Defence Exposition at Pragati Maidan in the national capital on Monday.Announcing this in during a press conference in the national ... Read more...

Posted in National |

President Patil asks NRIs to participate in social welfare programmes


October 31st, 2009 - 2:18 pm ICT by ANI
Nicosia (Cyprus), Oct. 31 (ANI): President Pratibha Patil has asked NRIs in Nicosia to participate in social welfare programmes launched by the Indian government, especially the education and health care sectors ... Read more...

Posted in National |

Protectionism hurting India’s trade with EU: Ficci


August 2nd, 2009 - 3:52 pm ICT by IANS
New Delhi, Aug 2 (IANS) India Inc. is opposed to protectionism practised by the European Union (EU) by way of agriculture subsidies and non-tariff barriers on services exports and faces adverse conditions ... Read more...

Posted in Business |

Indian media, entertainment industry seen at $21 bn by 2013 (Lead)


February 17th, 2009 - 5:01 pm ICT by IANS
Mumbai, Feb 17 (IANS) The Indian media and entertainment business that grew 15 percent annually since 2006 into a $11.68-billion (Rs.584 billion) industry in 2008 is seen to top $21 billion over ... Read more...

Posted in Uncategorized |

No question of scaling down defence expenditure: Antony


February 11th, 2009 - 2:53 pm ICT by IANS
Bangalore, Feb 11 (IANS) India will continue with its arms acquisition programmes and defence preparedness despite the economic recession, Defence Minister A.K. Antony said here Wednesday."There is no question of scaling down ... Read more...

Posted in Uncategorized |

Tata Steel to set up $5-bn plant in Vietnam


August 13th, 2008 - 3:55 pm ICT by IANS
New Delhi, Aug 13 (IANS) Steel major Tata steel Wednesday signed a joint venture agreement with Vietnam Steel Corp, Vietnam's largest steel company, and Vietnam Cement Industries Corp to set up a ... Read more...

Posted in Business |

After Reliance failure, MTN could still target Indian market


July 23rd, 2008 - 2:04 pm ICT by IANS
By Fakir Hassen Johannesburg, July 23 (IANS) South African telecom giant MTN suffered a setback with a four percent drop in its share price Monday after a potential deal with Reliance Communications was ... Read more...

Posted in World |

Foreign capital flowing into real estate in Asia


June 19th, 2008 - 4:34 pm ICT by IANS
DPA Singapore, June 19 (DPA) The inflow of capital into Asia's real estate market is accelerating on longer-term investments coming of a prolonged period of steady growth, a report said Thursday. Returns in ... Read more...

Posted in World |

India third most attractive market for apparel retailers


June 2nd, 2008 - 10:24 pm ICT by IANS
New Delhi, June 2 (IANS) India has emerged the third most attractive market destination for apparel retailers, according to a new study by global management consulting firm A.T. Kearney. India comes after ... Read more...

Posted in Business |

UAE telecom operator plans India foray


April 2nd, 2008 - 10:53 pm ICT by admin
Dubai, April 2 (IANS) The United Arab Emirates' (UAE) largest telecom services provider Etisalat announced Wednesday it was planning to enter the Indian market and is in talks with Spice Communications and ... Read more...

Posted in Business |

A K Antnoy to inaugurate DefExpo 2008 today


February 16th, 2008 - 9:22 am ICT by admin
New Delhi, Feb 16 (ANI): Defence Minister A K Antony will inaugurate the Fifth International Land and Naval Systems Exhibition DefExpo 2008 here today. The four-day exhibition is being organised by Ministry of ... Read more...

Posted in National |

India to facilitate greater private participation in defence production


February 12th, 2008 - 5:24 pm ICT by admin
New Delhi, Feb 12 (ANI): To facilitate greater private sector participation in the area of defence goods production, there is a proposal in the procurement policy for 2008 to fine tune the ... Read more...

Posted in National |

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