global firms

Indian Army fast-tracks air defence guns’ purchase


April 13th, 2012 - 11:23 pm ICT by IANS
New Delhi, April 13 (IANS) Exactly a month after army chief Gen. V.K. Singh highlighted gaps in the country's defence preparedness in a letter to Prime Minister Manmohan Singh, ... Read more...

Posted in Business |

Devas Multimedia gets new chairman


March 30th, 2012 - 5:50 pm ICT by IANS
Bangalore, March 30 (IANS) The controversial Devas Multimedia Services Ltd appointed Lawrence T. Babbio as the new chairman of its board in place of M.G. Chandrasekhar who resigned from ... Read more...

Posted in Sci-Tech |

Global firms vie to grab Bangalore biz whizkids


March 24th, 2012 - 5:36 pm ICT by IANS
Bangalore, March 24 (IANS) Global technology, consulting and finance firms vied to grab the best of the breed from the reputed Indian Institute of Management-Bangalore (IIM-B) business school, with over ... Read more...

Posted in Uncategorized |

More global firms eye Indian construction equipment market


November 28th, 2011 - 1:24 pm ICT by IANS
Bangalore, Nov 28 (IANS) More and more global firms are keen to enter the fledgling Indian earthmoving and construction equipment (ECE) market through subsidiaries or joint ventures to cash in ... Read more...

Posted in Uncategorized |

Global firms line up with offers for IIM-B grads


November 2nd, 2011 - 8:57 pm ICT by IANS
Bangalore, Nov 2 (IANS) Global consulting and financial firms have queued up with pre-placement offers and interviews to hire the post-graduate programme (PGP) course students of the premier Indian Institute ... Read more...

Posted in Business |

HPL eyes two projects to beat financial crisis


October 26th, 2011 - 8:28 pm ICT by IANS
Kolkata, Oct 26 (IANS) Haldia Petrochemicals Ltd (HPL), the second largest maker of polyethylene in India, is giving top priority to producing Butiene-1 and Styrene-Butadiene-Rubber (SBR) to come out of ... Read more...

Posted in Business |

Coal India keen on developing abandoned mines


September 20th, 2011 - 8:44 pm ICT by IANS
Kolkata, Sep 20 (IANS) World's largest coal miner Coal India Limited (CIL) Tuesday said it will go ahead with developing its abandoned mines in partnership with global firms if the ... Read more...

Posted in Business |

Five global firms shortlisted for grand Bihar museum


September 4th, 2011 - 4:30 pm ICT by IANS
Patna, Sep 4 (IANS) The Bihar government has shortlisted five global architecture firms to design and build a world class museum in Patna, according to the state building construction department.To ... Read more...

Posted in Life Style |

MindTree foermer co-founder floats new IT venture


April 5th, 2011 - 7:53 pm ICT by IANS
Bangalore, April 5 (IANS) Former MindTree co-founder Ashok Soota Tuesday announced setting up a new business venture - Happiest Minds Technologies Limited - to provide a slew of IT services ... Read more...

Posted in Sci-Tech |

Bidders response to India’s new oil, gas blocks was satisfactory: Jaipal Reddy


March 28th, 2011 - 10:25 pm ICT by ANI
New Delhi, Mar 28 (ANI): Union Petroleum and Natural Gas Minister Jaipal Reddy on Monday said the bidders response to the country's new oil and gas blocks has been more than satisfactory ... Read more...

Posted in National |

India to issue $11 bn tender for six more submarines


February 16th, 2011 - 7:54 pm ICT by IANS
New Delhi, Feb 16 (IANS) To shore up its depleting submarine fleet, India will this year issue a $11 billion global tender for building six more next generation vessels, navy chief Admiral ... Read more...

Posted in Business |

IAF plans to refit Jaguars with new engines in trouble


February 15th, 2011 - 11:05 pm ICT by IANS
New Delhi, Feb 15 (IANS) The Indian Air Force's (IAF) plans to fit its Anglo-French Jaguar fighter planes with new engines seem to be in trouble with one of the global firms ... Read more...

Posted in Uncategorized |

Unitech managing director being questioned


February 15th, 2011 - 8:36 pm ICT by IANS
New Delhi, Feb 15 (IANS) Unitech managing director Sanjay Chandra is being questioned by Central Bureau of Investigation (CBI) at its headquarters over the 2G telecom scam, officials said Tuesday.A CBI official ... Read more...

Posted in Business |

India invites aerospace majors for partnerships, outsourcing


February 9th, 2011 - 3:53 pm ICT by IANS
Bangalore, Feb 9 (IANS) India Wednesday invited leading international aerospace firms to partner with its strong defence organisations, state-run enterprises and the emerging private sector for the all-round development of its aerospace ... Read more...

Posted in Business |

CBI court sends Raja, aides to 5-day custody (Third Lead)


February 3rd, 2011 - 10:30 pm ICT by IANS
New Delhi, Feb 3 (IANS) Former communications minister A. Raja and his two aides were sent to CBI custody for five days by a special court here Thursday a day after their ... Read more...

Posted in Business |

Karnataka setting up Aerospace Park near Bangalore


February 3rd, 2011 - 7:32 pm ICT by IANS
Bangalore, Feb 3 (IANS) The Karnataka government is setting up a dedicated Aerospace Park near the Bangalore international airport at Devanahalli on the city's outskirts to attract global majors and small and ... Read more...

Posted in Business |

Buoyant Indian IT industry rebounds but remains cautious (2010 in Retrospect)


December 30th, 2010 - 3:48 pm ICT by IANS
By Fakir Balaji Bangalore, Dec 30 (IANS) Recovering from global tech meltdown, the resilient Indian IT industry returned to high growth during a tumultuous 2010 but is cautiously optimistic about 2011 in ... Read more...

Posted in Business |

Obama calls for ‘Sputnik moment’ to stay ahead of India, China


December 7th, 2010 - 11:31 am ICT by IANS
By Arun Kumar Washington, Dec 7 (IANS) US President Barack Obama has called for another "Sputnik moment", saying America must invest in innovation and technology and seize new opportunities to remain competitive ... Read more...

Posted in World |

Vodafone plea in $2.6-bn Indian tax case dismissed (Lead)


September 27th, 2010 - 2:25 pm ICT by IANS
New Delhi, Sep 27 (IANS) India's Supreme Court Monday denied relief to Britain-based telecom major Vodafone on its petition contesting a lower court verdict on a $2.6-billion capital gains tax claimed by ... Read more...

Posted in Business |

Indian court dismisses Vodafone petition on $2.6 bn tax case


September 8th, 2010 - 8:40 pm ICT by IANS
Mumbai, Sep 8 (IANS) In a setback for global mobile telecom giant Vodafone, the Bombay High Court Wednesday set aside the company's petition challenging the tax liability of $2.6 billion towards capital ... Read more...

Posted in Business |

Global Investors Meet begins in Bangalore


June 3rd, 2010 - 2:48 pm ICT by IANS
Bangalore, June 3 (IANS) The Global Investors Meet (GIM), expected to bring in Rs.5 trillion (Rs.5 lakh crore) to Karnataka in the next four-five years, began here Thursday with the state ... Read more...

Posted in Business |

Sensex moves 1 percent higher backed by RCom gains (Roundup)


June 2nd, 2010 - 7:20 pm ICT by IANS
Mumbai, June 2 (IANS) A benchmark index for Indian equities Wednesday closed a percent higher in a late surge, led by Reliance Communications (RCom) which gained 11 percent. The 30-scrip sensitive index ... Read more...

Posted in Business |

Karnataka eyes big ticket investments from global firms


June 2nd, 2010 - 5:28 pm ICT by IANS
Bangalore, June 2 (IANS) Karnataka is rolling out a red carpet to global firms and India Inc for big ticket investments in diverse sectors to put the southern Indian state on ... Read more...

Posted in Business |

Global firms make beeline to hire IIM-B grads


March 9th, 2010 - 10:29 pm ICT by IANS
Bangalore, March 9 (IANS) Global firms in investment banking, consulting, marketing and management came calling here on a hiring spree to the Indian Institute of Management-Bangalore (IIM-B), signalling a revival of the ... Read more...

Posted in Business |

India fourth largest illegal downloader


December 15th, 2009 - 9:48 pm ICT by IANS
Mumbai, Dec 15 (IANS) India is the fourth largest illegal downloader of online content, according to two reports released Tuesday by the Motion Picture Distributors Association (MPDA). The reports were prepared on behalf ... Read more...

Posted in Entertainment |

Wipro to hire more locals in US for Atlanta operations


November 23rd, 2009 - 8:59 pm ICT by IANS
Bangalore, Nov 23 (IANS) Global software major Wipro Technologies is expanding its US operations and will hire about 1,000 people, including more locals, at its Atlanta development facility, the IT bellwether said ... Read more...

Posted in Business |

Wipro to open development centre in Australia


September 30th, 2009 - 7:25 pm ICT by IANS
Bangalore, Sep 30 (IANS) Global software major Wipro Ltd will boost its presence in Australia by opening a 150-seat software development centre at Melbourne this December, the IT bellwether said Wednesday. Announcing the ... Read more...

Posted in Business |

Hero Honda named as global partner for ICC Champions Trophy


September 8th, 2009 - 6:02 pm ICT by ANI
Dubai, Sep 8 (ANI): The International Cricket Council has announced Hero Honda Motors Ltd as a global partner for the upcoming ICC Champions Trophy 2009, which takes place in South Africa from ... Read more...

Posted in Sports |

Abu Dhabi crown prince visits China to boost ties


August 17th, 2009 - 12:30 am ICT by IANS
Beijing, Aug 16 (IANS) The deputy commander of the United Arab Emirates' (UAE) Armed Forces and crown prince of Abu Dhabi is on a two-day visit to China to boost bilateral ties, ... Read more...

Posted in Business |

Karnataka seeks 2,000 MW nuclear power plant


July 24th, 2009 - 11:48 pm ICT by IANS
Bangalore, July 24 (IANS) The Karnataka government late Friday urged the Atomic Energy Commission (AEC) to set up a 2,000 MW greenfield nuclear power plant in the state to meet its growing ... Read more...

Posted in Business |

Indian IT industry bucks global recession to sustain growth


July 19th, 2009 - 3:27 pm ICT by IANS
New Delhi, July 19 (IANS) The Indian IT industry managed to limit the impact of global recession last fiscal and maintain the growth momentum, albeit lower than that in the boom ... Read more...

Posted in Business |

Tata Sons joins global firms against corruption


May 9th, 2009 - 12:04 pm ICT by IANS
United Nations, May 9 (IANS) Chief executives from some of the world's leading companies, including Tata Sons of India, have thrown their support behind a United Nations treaty aimed at combating corruption. In ... Read more...

Posted in Business |

‘No job cuts, but hiring to dip in IT industry’


November 19th, 2008 - 7:55 pm ICT by IANS
Bangalore, Nov 19 (IANS) The Indian IT industry will retain employees but will go slow on hiring this fiscal (2008-09) following declining growth rate, the organisation representing the industry said here Wednesday."No ... Read more...

Posted in Business |

No meltdown in summer placements for IIM-Bangalore interns


November 17th, 2008 - 11:14 pm ICT by IANS
Bangalore, Nov 17 (IANS) Interns from the Indian Institute of Management-Bangalore (IIM-B) were up for grabs for summer placements by global firms, especially from the financial sector, spiking fears of global meltdown ... Read more...

Posted in Business |

Indian firms debut on top multinational companies’ lists


September 25th, 2008 - 12:11 am ICT by IANS
New Delhi, Sep 24 (IANS) Indian companies are at last showing signs of real globalisation by beginning to appear in different kinds of ranking lists based on the activities of global or ... Read more...

Posted in Business |

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