emerging markets

Infosys to acquire management consultancy firm Lodestone


September 10th, 2012 - 7:08 pm ICT by IANS
Bangalore, Sep 10 (IANS) IT major Infosys Monday announced it will acquire Zurich-based Lodestone Holding, a leading global management consultancy firm, in an all-cash deal to expand its presence in ... Read more...

Posted in Business |

China’s largest gold miner posts gloomy results


August 11th, 2012 - 1:02 pm ICT by IANS
Beijing, Aug 11 (IANS) Zijin Mining Group Co., China's largest gold producer by output, Saturday said its net profits slumped 19.95 percent year-on-year in the first half of 2012 as ... Read more...

Posted in Business |

S&P; cuts ArcelorMittal ratings to junk status


August 3rd, 2012 - 5:49 pm ICT by IANS
London, Aug 3 (IANS) Ratings agency Standard & Poor's Friday cut Lakshmi Mittal-led steel firm ArcelorMittal's ratings to junk, saying the slowdown in the global economy, especially in Europe, ... Read more...

Posted in Business |

US keen to boost defence trade with India


July 28th, 2012 - 11:12 am ICT by IANS
Washington, July 28 (IANS) In a bid to boost defence sales to India, the US is touting the "technical and political advantages" of its Foreign Military Sales (FMS) programme of ... Read more...

Posted in World |

Coca-Cola sales rise 20 percent in India


July 17th, 2012 - 8:33 pm ICT by IANS
New Delhi, July 17 (IANS) Beverages major Coca-Cola Tuesday reported a 20 percent rise in sales growth in India, the highest among BRICS countries, in the second quarter of the ... Read more...

Posted in Business |

Keste to expand India operations with $2.5 mn investment


July 12th, 2012 - 6:19 pm ICT by IANS
Hyderabad, July 12 (IANS) Keste, the US-based Oracle software solutions and development company, plans to expand its India operations with an investment of $2.5 million.The company, which has its Indian ... Read more...

Posted in Business |

Jaguar-Land Rover eyes booming China market


July 6th, 2012 - 5:31 pm ICT by IANS
Shangai, July 6 (IANS) With booming sales, China will soon overtake North America to become the second largest market for luxury carmaker Tata-owned Jaguar-Land Rover (JLR) after Britain, the company's ... Read more...

Posted in Business |

Bombardier showcases new corporate jet in India


July 5th, 2012 - 10:47 pm ICT by IANS
New Delhi, July 5 (IANS) Aerospace major Bombardier Thursday said that its new Global 6000 corporate jet world tour has reached India and will travel to various destination in the ... Read more...

Posted in Business |

Plane numbers to double by 2032: Boeing


July 4th, 2012 - 8:13 am ICT by IANS
Chicago, July 4 (IANS) The global plane market will reach $4.5 trillion and will have doubled the existing fleet with 34,000 new planes over the next two decades, aircraft manufacturer ... Read more...

Posted in Business |

‘Indian rupee a victim of unstable global emerging market’


June 29th, 2012 - 10:15 pm ICT by IANS
Panaji, July 29 (IANS) The Brazilian real has taken as bad a battering as the Indian rupee, Morgan Stanley Investment Banking India managing director Aisha de Sequeira said Friday, adding ... Read more...

Posted in Business |

Coca Cola plans to invest $5 billion in India by 2020 (Lead)


June 26th, 2012 - 6:08 pm ICT by IANS
New Delhi, June 26 (IANS) Coca Cola, the world's largest beverage firm, said Tuesday it planned to invest $5 billion in India over the next eight years on expanding its ... Read more...

Posted in Business |

Government trying to resolve rupee crisis: Pranab


May 20th, 2012 - 7:14 pm ICT by IANS
Kolkata, May 20 (IANS) Expressing "great concern" over the sharp fall of the rupee, Finance Minister Pranab Mukherjee Sunday said the central government was trying to resolve the issue."It ... Read more...

Posted in Business |

Kenya Airways launches Nairobi-Delhi flight


May 16th, 2012 - 10:13 pm ICT by IANS
New Delhi, May 16 (IANS) To capture the growing traffic between India and Africa, Kenya Airways Wednesday launched a direct Nairobi-New Delhi flight with one-way fare of Rs.22,000-Rs.28,000."We have waited ... Read more...

Posted in Business |

Yamaha to set up Rs.1,500 crore plant in Tamil Nadu


May 14th, 2012 - 6:17 pm ICT by IANS
Chennai, May 14 (IANS) With demand for its premium bikes going up and sensing bigger opportunities, the India Yamaha Motor Pvt. Ltd. will be setting up here its largest plant ... Read more...

Posted in Business |

Lloyd’s of London eyes India, China for growth


May 12th, 2012 - 2:46 pm ICT by IANS
London, May 12 (IANS) Lloyd's of London, Britain's 325-year-old insurance and reinsurance market, has unveiled a plan to substantially promote its business growth in emerging markets, including India, China ... Read more...

Posted in Business |

India becoming market for high end European art (With Images)


April 30th, 2012 - 12:45 pm ICT by IANS
New Delhi, April 30 (IANS) Rising disposable incomes, exposure to unique art forms and greater social interaction are opening urban Indian homes to niche British interior accessory art like Amanda ... Read more...

Posted in Life Style |

IMF warns Russia over credit bubble


April 20th, 2012 - 5:12 pm ICT by IANS
Washington, April 20 (IANS/RIA Novosti) The International Monetary Fund (IMF) has warned Russia it faces the risks of a "credit bubble swelling up" due to the rapid growth in consumer ... Read more...

Posted in Business |

Take India-US business ties to next level: Indian envoy


April 16th, 2012 - 10:12 am ICT by IANS
New York, April 16 (IANS) With India focused on developing itself as a global hub for innovation, New Delhi wants the business community to explore new ways to advance India-US ... Read more...

Posted in Business |

Dubai to host global investors meet


April 12th, 2012 - 6:03 am ICT by IANS
Dubai, April 12 (IANS) Dubai will host an international investment meet next month to help connect foreign investors seeking new destinations with fast growing economies.Participants from 45 countries will attend ... Read more...

Posted in Business |

Dubai to host global investors meet


April 12th, 2012 - 6:03 am ICT by IANS
Dubai, April 12 (IANS) Dubai will host an international investment meet next month to help connect foreign investors seeking new destinations with fast growing economies.Participants from 45 countries will attend ... Read more...

Posted in Business |

Cash no problem, consesus is, for BRICS bank


March 28th, 2012 - 11:25 am ICT by IANS
Johannesburg, March 28 (IANS) A BRICS development bank will be very useful, particularly to Africa, but a major challenge that may come on its way is aligning the interest ... Read more...

Posted in Business |

Will continue to support Europe in crisis: China


March 21st, 2012 - 1:36 am ICT by IANS
Beijing, March 20 (IANS) China will be part of the global community's efforts to provide help to deal with European debt crisis, a senior Foreign Ministry official said Tuesday.Assistant Foreign ... Read more...

Posted in World |

Cisco to buy video software developer for $5 bn


March 16th, 2012 - 1:00 pm ICT by IANS
San Francisco, March 16 (IANS) Networking equipment maker Cisco announced Thursday that it has signed a deal to buy video software developer NDS for $5 billion.Under the terms of the ... Read more...

Posted in Business |

World economy still in danger zone: IMF


February 27th, 2012 - 1:36 pm ICT by IANS
Mexico City, Feb 27 (IANS) Despite the improvement in indicators of global activities, the risks are latent and the world economy is still in "the danger zone", International Monetary Fund ... Read more...

Posted in Business |

Chinese firms eye India for business


February 22nd, 2012 - 6:16 pm ICT by IANS
Beijing, Feb 22 (IANS) Sixty percent of trading firms in China plan to target emerging markets like India and Vietnam for business in the next five years, a survey has ... Read more...

Posted in Business |

Fake US bonds seized


February 18th, 2012 - 2:12 pm ICT by IANS
Rome, Feb 18 (IANS) Italian police announced Friday they had seized fake US Treasury bonds with a face value of $6 trillion in Switzerland, a media report said. The bonds, ... Read more...

Posted in Uncategorized |

US pushes services liberalisation with Indian study


February 18th, 2012 - 1:29 pm ICT by IANS
Washington, Feb 18 (IANS) Suggesting that US services imports faced discrimination in important emerging markets such as India, China and Indonesia, Washington has cited an Indian case study ... Read more...

Posted in Uncategorized |

Singapore Airshow sees deals worth $31 billion


February 18th, 2012 - 12:59 am ICT by IANS
Singapore, Feb 17 (IANS) The Singapore Airshow 2012, Asia's largest and one of the three most important aerospace and defence exhibitions in the world, Friday wrapped up the trade segment ... Read more...

Posted in Uncategorized |

Vodafone Group’s quarterly India revenue grows 6.3 percent


February 9th, 2012 - 9:42 pm ICT by IANS
New Delhi, Feb 9 (IANS) Britain-based telecom firm Vodafone Group Thursday reported a 6.3 percent rise in its India revenue at 1.02 billion pounds ($1.62 billion) for the quarter ... Read more...

Posted in Business |

Coca Cola quarterly volume in India grows 20 percent


February 8th, 2012 - 12:36 am ICT by IANS
New Delhi, Feb 7 (IANS) Global beverages giant Coca Cola posted 20 percent growth in volume for the quarter ended Dec 31 in India, driven by the Diwali festival, while ... Read more...

Posted in Business |

Electrolux income drops in 2011


February 3rd, 2012 - 2:03 pm ICT by IANS
Stockholm, Feb 3 (IANS) Affected by price pressure and increased costs for raw materials, the income of the Swedish multinational appliance manufacturer Electrolux fell by 48 percent last year compared ... Read more...

Posted in Business |

RBI for more open market operations


January 30th, 2012 - 11:52 pm ICT by IANS
Chennai, Jan 30 (IANS) India's central bank is open to more open market operations to address the issue of liquidity, said a senior official Monday."We are open to more open ... Read more...

Posted in Business |

Global uncertainty not affecting IT industry: Premji (Second Lead)


January 20th, 2012 - 8:15 pm ICT by IANS
Bangalore, Jan 20 (IANS) The resilient Indian IT industry remains unaffected by the uncertainty in the macro-economic environment or the sovereign debt crisis in Europe, Wipro Chairman Azim Premji said ... Read more...

Posted in Uncategorized |

Sony launches varsity campus in Singapore


January 19th, 2012 - 3:52 pm ICT by IANS
Singapore, Jan 19 (IANS) Japanese electronics giant Sony has launched a corporate university campus in Singapore, the first outside Japan, a media report said Thursday.The campus, in the International Business ... Read more...

Posted in Uncategorized |

TCS quarterly net profit rises 18.2 percent


January 17th, 2012 - 8:48 pm ICT by IANS
Mumbai, Jan 17 (IANS) India's largest software service exporter Tata Consultancy Services (TCS) Tuesday reported an 18.2 percent rise in net profit at Rs.2,802.77 crore for the December quarter as ... Read more...

Posted in Business |

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