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‘Indian software industry will hold out against competition’

November 15th, 2009 - 11:56 am ICT by IANS -
By James Jose New Delhi, Nov 15 (IANS) The $60-billion information technology industry in India will continue to attract overseas business, despite competition from other emerging markets that also offer lower costs, says ...

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Government plans venture capital fund for prospecting mines

November 14th, 2009 - 10:22 pm ICT by IANS -
Kolkata, Nov 14 (IANS) The steel ministry is in talks with a financial institutions to promote a venture capital fund for funding the prospecting of iron ore mining, Steel Secretary Atul Chaturvedi ...

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Murthy’s wife sells 2 mn Infosys shares for Rs.4.3 bn (Lead)

November 5th, 2009 - 10:51 pm ICT by IANS -
Bangalore, Nov 5 (IANS) Sudha Murthy, wife of Infosys' Technologies co-founder N.R. Narayana Murthy, sold two million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), ...

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Murthy’s wife sells 1.6 mn Infosys shares for Rs.4.3 bn

November 5th, 2009 - 8:50 pm ICT by IANS -
Bangalore, Nov 5 (IANS) Sudha Murthy, wife of Infosys Technologies co-founder N.R. Narayana Murthy, sold 1.6 million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), ...

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Murthy sells Infosys shares to fund young entrepreneurs (Lead)

October 22nd, 2009 - 9:47 pm ICT by IANS -
Bangalore, Oct 22 (IANS) Infosys Technologies chief mentor and chairman N.R. Narayana Murthy has sold 800,000 shares, valued at Rs.177 crore (Rs.1.77 billion/$37.9 million), from his holding in the company to fund ...

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Murthy sells Infosys shares to float venture fund

October 22nd, 2009 - 8:14 pm ICT by IANS -
Bangalore, Oct 22 (IANS) Infosys Technologies chief mentor and chairman N.R. Narayana Murthy has sold 800,000 shares from his holding in the IT bellwether to set up a venture capital fund, the ...

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India Inc to get many incentives to save energy

India Inc to get many incentives to save energy

August 24th, 2009 - 11:44 pm ICT by IANS -
New Delhi, Aug 24 (IANS) The government is setting up a risk guarantee facility and a venture capital fund to improve energy efficiency in India as part of the National Mission ...

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Life Insurance Corp to set up housing venture capital

August 24th, 2009 - 8:44 pm ICT by IANS -
Indo-Asian News Service Chennai, Aug 24 (IANS) Life Insurance Corp of India (LIC) and its associates will hold a majority stake in the real estate venture capital fund to be floated by LIC ...

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IANS Top Stories At 9

IANS Top Stories At 9

June 12th, 2009 - 10:35 pm ICT by IANS -
NATIONAL 16th swine flu case; India says no need to worry - Roundup moved by 1916 It's official: Manmohan to meet Zardari in Russia - Moved at 1824 No nuke secrets with missing Kaiga ...

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IANS Top Stories At 6

IANS Top Stories At 6

June 12th, 2009 - 7:31 pm ICT by IANS -
NATIONAL Another swine flu case; No need to worry, says minister - Lead moved at 1638, Roundup to move by 1845 Karnataka police clueless about missing scientist - Moved at 1227, Lead to move ...

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Venture capital fund, bank mooted for food processing sector

June 12th, 2009 - 7:09 pm ICT by IANS -
New Delhi, June 12 (IANS) Agreeing to industry's demand for access to more credit at competitive rates, the government is examining a proposal to set up a venture capital fund or a ...

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Foreign investment proposals worth Rs.6.16 bn cleared

March 4th, 2009 - 5:00 pm ICT by IANS -
New Delhi, March 4 (IANS) A proposal from global hospitality major Accor to set up budget hotels in India is among the 28 foreign direct investment (FDI) proposals worth Rs.6.16 billion (Rs.616.08 ...

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TiE announces launch of SIG to promote entrepreneurship in Clean Technology

September 1st, 2008 - 9:32 pm ICT by ANI -
Mumbai, Sep 1 (ANI/Business Wire India ): The Indus Entrepreneurs (TiE) Mumbai today announced the launch of their new Special Interest Group (SIG) focused on building a Clean Technology ecosystem in ...

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Oman, Indian firm sign joint venture for aluminium plant

June 23rd, 2008 - 5:05 pm ICT by IANS -
Dubai, June 23 (IANS) The Oman government has entered into a joint venture agreement with an Indian company to set up an aluminium plant in that Gulf nation. Takamul Investment, a venture ...

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Tamil publishing firm nets venture capital

May 7th, 2008 - 5:53 pm ICT by admin -
Chennai, May 7 (IANS) A multinational venture capital fund has invested "sizeably" in New Horizon Media (NHM), a closely held corporation having published over 650 books that have sold 250,000 copies, its ...

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Saudi Arabia’s investment projects touch 3.2 tn riyals(Gulf Business Capsule)

April 22nd, 2008 - 7:17 pm ICT by admin -
Dubai, April 22 (IANS) Investment projects in Saudi Arabia so far are estimated to have touched a total of 3.2 trillion Saudi riyals (SR) ($854.4 billion). Civil sector tops the list with ...

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Gujarat venture fund raises Rs.600 mn for small firms

March 29th, 2008 - 2:27 pm ICT by admin -
Ahmedabad, March 29 (IANS) Gujarat Venture Fund Limited (GVFL) has raised Rs.600 million for its SME (small and medium enterprises) Technology Venture Fund. "The fund would be used for investing in various ...

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Tony Blair asks India to take lead role in defusing climate change crisis

Tony Blair asks India to take lead role in defusing climate change crisis

March 21st, 2008 - 11:24 am ICT by admin -
New Delhi, Mar 21 (ANI): Former British Prime Minister Tony Blair has urged India to exercise leadership in the global concerns on climate change. "I think India got to play a role ...

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Al Gore meets Manmohan Singh, discusses climate change

Al Gore meets Manmohan Singh, discusses climate change

March 14th, 2008 - 5:56 pm ICT by admin -
New Delhi, Mar 14 (ANI): Former US Vice President and winner of the Nobel Peace Prize Al Gore today met Prime Minister Dr. Manmohan Singh here. Gore, a campaigner for action to ...

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Brown backs India’s bid for UNSC seat

Brown backs India’s bid for UNSC seat

January 20th, 2008 - 10:41 pm ICT by admin -
New Delhi, Jan 20 : Visiting British Prime Minister Gordon Brown today backed India's bid for permanent membership of the United Nations Security Council. Speaking at the UK-India Entrepreneurship Summit at the IIT, ...

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