strategic partner

Reliance Cap concludes stake sale to Nippon Life for $290 mn


August 17th, 2012 - 1:41 pm ICT by IANS
Mumbai, Aug 17 (IANS) Reliance Capital, a part of the Anil Ambani Group, Friday said it has concluded its 26-percent stake sale to Japan's Nippon Life for $290 million, pushing ... Read more...

Posted in Business |

Sonata to set up offshore centre for US firm


July 31st, 2012 - 8:49 pm ICT by IANS
Bangalore, July 31 (IANS) IT consulting firm Sonata Software Ltd is setting up an offshore development centre here for US-based Coalfire Systems, a leader in governance, risk and compliance."The dedicated ... Read more...

Posted in Uncategorized |

Infosys to hire 2,000 people in US by end 2012


July 24th, 2012 - 8:55 pm ICT by IANS
Mumbai, June 24 (IANS) Indian IT bellwether Infosys Tuesday said it plans to hire almost 2,000 people in the US by the end of this year."Infosys hired 1,200 people in ... Read more...

Posted in Business |

Australian mining firm picks Wipro for IT solution


June 15th, 2012 - 12:07 am ICT by IANS
Bangalore, June 14 (IANS) Australian mining firm MMG has selected Indian IT bellwether Wipro Technologies for providing a key IT solution as its key strategic partner, the global software services ... Read more...

Posted in Business |

GE invests $300 mn in Brazilian firm


May 25th, 2012 - 11:35 am ICT by IANS
Rio de Janeiro, May 25 (IANS/EFE) Brazilian mogul Eike Batista's Grupo EBX has announced a "strategic accord" with General Electric Co.It involves GE paying $300 million for a 0.8 percent ... Read more...

Posted in Business |

Spain seeks stronger trade ties with Brazil


May 18th, 2012 - 12:32 pm ICT by IANS
Sao Paulo, May 18 (IANS/EFE) Spain's foreign minister lobbied here Thursday for strengthening "economic diplomacy" to tighten economic and trade links between his country and Brazil.On his first visit to ... Read more...

Posted in Business |

Nippon’s pact for 26-percent stake in Reliance asset firm


March 22nd, 2012 - 7:57 pm ICT by IANS
Mumbai, March 22 (IANS) Nippon Life Insurance Company Thursday signed final agreements with Anil Ambani-led Reliance Capital to acquire a 26-percent stake in its asset management company for $290 million."The ... Read more...

Posted in Business |

Sanctions on India over Iran? US says reports highly speculative (Lead)


March 16th, 2012 - 7:18 pm ICT by IANS
Washington, March 16 (IANS) Describing media reports that America has threatened India with sanctions if it does not reduce its Iranian oil imports by June-end as "highly speculative", US ... Read more...

Posted in World |

‘China is Russia’s most important strategic partner’


March 15th, 2012 - 9:54 am ICT by IANS
Moscow, March 15 (IANS) China is Russia's most important strategic partner and the two countries still have great potential to further their relations, the Russian upper house speaker, Valentina Matviyenko, ... Read more...

Posted in Uncategorized |

India, Africa to collaborate in social entreprenership, innovation


March 2nd, 2012 - 11:52 pm ICT by IANS
New Delhi, March 2 (IANS) India Friday flagged social entrepreneurship and innovation as key areas for collaboration with Africa and called for exploring a research and development fund for promoting ... Read more...

Posted in Uncategorized |

BCCI gives in, Sahara India back as Team India sponsor (Lead)


February 16th, 2012 - 10:29 pm ICT by IANS
Mumbai, Feb 16 (IANS) Sahara India was Thursday back as cricket Team India sponsor and the owner of Indian Premier League (IPL) franchise Pune Warriors after the Board of Control ... Read more...

Posted in Sports |

BCCI-Sahara truce (Fact file)


February 16th, 2012 - 9:27 pm ICT by IANS
Mumbai, Feb 16 (IANS) The salient features of the agreement between Sahara India and the Board of Control for Cricket in India (BCCI) struck here Thursday:* Sahara will continue to ... Read more...

Posted in Sports |

Saudi, an important strategic partner of India: Antony (Lead)


February 14th, 2012 - 10:18 pm ICT by IANS
Riyadh, Feb 14 (IANS) Indian Defence Minister A.K. Antony Tuesday described Saudi Arabia as "an important strategic partner" for the country.Antony was addressing the Indian community here while on a ... Read more...

Posted in Uncategorized |

Gulf has immense importance for India: Antony


February 14th, 2012 - 5:12 pm ICT by IANS
Riyadh, Feb 14 (IANS) The Gulf has immense importance in Indian foreign policy, with over six million Indians working in the region, visiting Indian Defence Minister said here.Addressing the Indian ... Read more...

Posted in World |

China seeks expanded trade with Brazil


February 14th, 2012 - 12:03 pm ICT by IANS
Brasilia, Feb 14 (IANS/EFE) Chinese Deputy Prime Minister Wang Qishan met Monday with Brazilian President Dilma Rousseff and expressed his country's interest in expanding bilateral relations, especially trade, in light ... Read more...

Posted in Business |

Mahindra Satyam to participate in World Economic Forum


January 17th, 2012 - 7:25 pm ICT by IANS
Hyderabad, Jan 17 (IANS) Mahindra Satyam, a leading global consulting and IT services provider, will participate in the World Economic Forum's annual meeting in Davos, scheduled Jan 25-27.The Hyderabad-based firm ... Read more...

Posted in Business |

Andhra gets Rs.5.57 lakh crore investment at Partnership Summit (Lead)


January 12th, 2012 - 11:42 pm ICT by IANS
Hyderabad, Jan 12 (IANS) Andhra Pradesh has bagged projects involving investment of Rs.5.57 lakh crore, of which the MoUs for about Rs.1 lakh crore were signed Thursday on the first ... Read more...

Posted in Business |

Andhra bags Rs.5.57 lakh crore investment projects


January 12th, 2012 - 7:06 pm ICT by IANS
Hyderabad, Jan 12 (IANS) Andhra Pradesh has bagged projects involving investment of Rs.5.57 lakh crore, and the MoUs for about Rs.1 lakh crore were signed Thursday on the first day ... Read more...

Posted in Business |

Russia owes rent on military bases: Kyrgyz president


December 29th, 2011 - 5:29 pm ICT by IANS
Bishkek, Dec 29 (IANS/RIA Novosti) Kyrgyz President Almazbek Atambayev has described Russia as a key strategic partner but claimed that Moscow had not paid rent for the past four years ... Read more...

Posted in World |

China refutes ‘land grab’ charges in Africa


December 8th, 2011 - 6:39 pm ICT by IANS
Beijing, Dec 8 (IANS) Refuting charges that it has been buying up land in Africa, China has called for "concrete" efforts to enable the continent's agricultural sector develop in a ... Read more...

Posted in World |

Jet Airways signs MOU with Vietnam Airlines


October 12th, 2011 - 10:24 pm ICT by IANS
Mumbai/New Delhi, Oct 12 (IANS) Marking the state visit of Vietnam President Truong Tan Sang's to India, Jet Airways and Vietnam Airlines have signed a memorandum of understanding which covers ... Read more...

Posted in Business |

Indian urban population to double in 30 years: UN


September 29th, 2011 - 9:56 pm ICT by IANS
New Delhi, Sep 29 (IANS) With India's urban population expected to double in the next 30 years, there is an urgent need to address urban issues, UN Under Secretary General ... Read more...

Posted in Business |

TCS bags contract from Deutsche Bank


September 19th, 2011 - 4:15 pm ICT by IANS
New Delhi, Sep 19 (IANS) Tata Consultancy Services (TCS) has been selected by Deutsche Bank as a strategic partner for their production management transformation initiative, within their capital markets business ... Read more...

Posted in Sci-Tech |

Scooters India losses pegged at Rs.18.44 crore this fiscal


August 2nd, 2011 - 7:43 pm ICT by IANS
New Delhi, Aug 2 (IANS) The soon-to-be sold, state-run automobile manufacturer Scooters India is expected to suffer losses to the tune of Rs.18.44 crore in the current fiscal, according to ... Read more...

Posted in Business |

Infosys acquires software business of New Zealand firm


June 8th, 2011 - 10:01 pm ICT by IANS
Bangalore, June 8 (IANS) Indian IT bellwether Infosys Ltd. Wednesday announced acquiring the software solutions business of Gen-i in New Zealand for an unspecified amount."We have entered into a strategic ... Read more...

Posted in Uncategorized |

Government to put Scooters India on the block (Lead)


May 19th, 2011 - 5:57 pm ICT by IANS
New Delhi, May 19 (IANS) The government Thursday said it will sell its entire 95 percent stake in loss-making two- and three-wheeler manufacturer Scooters India Ltd, maker of the ... Read more...

Posted in Business |

India-Thailand bilateral trade expected to go up to $10 bn by 2012


May 12th, 2011 - 5:49 pm ICT by IANS
Kolkata, May 12 (IANS) Bilateral trade between India and Thailand is expected to go up to $10 billion by 2012, a Thai envoy here said Thursday."Currently bilateral trade between India ... Read more...

Posted in Business |

World’s richest man to hold stake in new Spanish bank


May 12th, 2011 - 12:14 pm ICT by IANS
Barcelona, May 12 (IANS/EFE) Mexico's Carlos Slim, the world's richest man, will hold a one percent stake in CaixaBank, once the La Caixa savings bank transfers its banking business to ... Read more...

Posted in Business |

FIH looks at India as a major hockey hub


May 11th, 2011 - 9:33 pm ICT by IANS
New Delhi, May 11 (IANS) India will be the focal point of world hockey for the next four years. The International Hockey Federation (FIH) has drawn up an ambitious programme ... Read more...

Posted in Sports |

LeT elimination among US’ ’sizeable wish-list’ to Pak to uproot terror


April 29th, 2011 - 5:32 pm ICT by ANI
Lahore, April 29(ANI): The Obama administration is pressing Pakistan to eliminate all hard-line religious groups- which Pentagon believes are militant outfits- ahead of the withdrawal of US troops from war-torn Afghanistan. ... Read more...

Posted in South Asia |

US seeks business help to leverage India-US partnership


April 26th, 2011 - 1:12 pm ICT by IANS
Washington, April 26 (IANS) Businesses and governments in India and the United States can leverage their complementary strengths to develop solutions to many of the 21st century's defining challenges, according ... Read more...

Posted in Uncategorized |

Tata Chemicals expands African footprint


April 15th, 2011 - 1:32 pm ICT by IANS
New Delhi, April 15 (IANS) Tata Chemicals Ltd's (TCL) acquisition of 25.1 percent stake in a greenfield fertiliser project in the west central African country of Gabon has increased the ... Read more...

Posted in Business |

US worried about terrorist attacks against India


March 29th, 2011 - 10:58 am ICT by IANS
Washington, March 29 (IANS) Worried about terrorist attacks against India, the United States has been "very encouraged" by the anti-terrorism cooperation between Bangladesh and India to thwart plans of ... Read more...

Posted in World |

Togo seeks India’s help in farming, poverty reduction


March 28th, 2011 - 9:17 pm ICT by IANS
New Delhi, March 28 (IANS) Terming India a strategic partner of African countries, Togoan Prime Minister Gilbert Fossoun Houngbo said Monday his West African country was keen to learn from ... Read more...

Posted in Business |

Foreign Minister Krishna visits Afghanistan


January 8th, 2011 - 4:31 pm ICT by ANI
New Delhi, Jan 8(ANI): External Affairs Minister S.M. Krishna will begin his two-day visit to Afghanistan from Saturday.Krishna is visiting Afghanistan at the invitation of Afghanistan Foreign Minister Zalmai Rassoul."The visit is ... Read more...

Posted in National |

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