| |
| ECONOMICS |
|
INVESTMENT |
|
|
|
'GDP set to rise 4-fold by 2020' |
|
Mumbai: The Indian economy is set to become four times its current size in the decade to 2020, with the gross domestic product (GDP) spurting to over $4 trillion (about Rs 205 lakh crore at present exchange rate) and per capita income rising to $3,213 from $1,017 now. During these ten years, annual incremental savings will also jump nearly four times to Rs 72 lakh crore from Rs 19 lakh crore now, a report published by domestic broking major Edelweiss Capital said.
|
|
Source:
IBEF
Full Article: Click Here |
|
|
|
|
Feasibility study on Indo-Aus FTA to be finalised by April |
|
Chennai: The feasibility study on the Indo-Australian Free Trade Agreement (FTA) will be finalised by April this year with both governments expected to begin negotiations soon, according to a top Australian official.
"The study will be finalised next month. It (study) will go ...
|
|
Source:
Hindustan Times
Full Article: Click Here |
|
|
|
|
Open up markets, U.S. tells India |
|
New Delhi: The U.S. has called upon India to open up its markets and further liberalise trade policies in order to strengthen bilateral ties.
Speaking at a conference organised by the Asia Society here on Saturday, Assistant Secretary of State Robert Blake mentioned four areas where India should change its laws to make the market more open and receptive to ..
|
|
Source:
The Hindu
Full Article: Click Here |
|
|
|
|
India, Israel outline 5 key areas for enhanced ties |
|
Jerusalem: India and Israel have decided to expand the ongoing scientific cooperation with special emphasis on research in the field of renewable energy and computer science.
?We have outlined several areas of cooperation but will be mainly focusing in the area of renewable energy and computer science in the coming years where we see tremendous potential for both the countries,?
|
|
Source:
The Hindu Business Line
Full Article: Click Here |
|
|
|
|
|
|
TN presents dynamic biz environ, buoyant investment scene: Ficci |
|
Chennai: Tamil Nadu presents a dynamic business environment and a buoyant investment scene, said the apex chamber, Ficci.
In its book on "Advantage Tamil Nadu" released on Tuesday, it said the state has turned a gateway to the world with more than 3000 foreign joint ventures and 100% foreign subsidiaries having their bases with a foreign direct investment of $10 billion.
|
|
Source:
The Economic Times
Full Article: Click Here |
|
|
|
|
PM for $1 tr infra investment in 12th plan |
|
New Delhi: Prime Minister Manmohan Singh said investment in infrastructure should be doubled to about Rs 41 lakh crore (899,026,200,971.40 USD) during the 12th Five Year Plan ending 2017 from the prevailing level, and directed concerned authorities to work out the details.
|
|
Source:
The Financial Express
Full Article: Click Here |
|
|
|
|
Ethiopia becoming major centre for Indian investment |
|
Addis Ababa: Ethiopia is becoming a major centre for Indian investment in Africa as companies seek new ventures in mining, textiles, leather, education and the hospitality industry in one of the world's most ancient nations.
Indian Ambassador Bhagwant Bishnoi said the volume ..
|
|
Source:
Headlines India
Full Article: Click Here |
|
|
|
|
Marg to set up knowledge hub |
|
Chennai: Marg Limited, a Chennai-based diversified infrastructure development company, is planning to develop four million sft of knowledge hub at Marg Swarnabhoomi, a special economic zone promoted by it near Chennai.
|
|
Source:
IBEF
Full Article: Click Here |
|
|
| |
|
|
|
| |
| OUTSOURCING |
|
| TCS sees growth momentum continuing; to hire 30,000 next fiscal |
|
Mumbai: IT major, Tata Consultancy Services (TCS), on Wednesday said that its growth momentum in the last quarter of this fiscal would be better than the previous quarter and that the entire IT industry would see an improvement in the deal pipeline.
|
|
Source: Hindustan Times
Full Article: Click Here |
| |
| IT exports from TN up by 29% |
|
Chennai: The value of software exports from Tamil Nadu rose by 29 per cent in 2008-09 to Rs 36,680 crore (8,043,684,186.32 USD) in 2008-2009 from Rs 28,426 crore (6,234,291,465.35 USD), a year ago. In conformity with the policy of this government that the employment opportunities generated by IT sector should be dispersed to all parts of the state, said Tamil Nadu Finance Minister K Anbazhagan in his budget speech for 2010-11.
|
|
Source: Business Standard
Full Article: Click Here |
| |
| NIIT Tech gets Vietnam IT contract |
|
Mumbai: IT soultions firm NIIT Technologies Ltd said on Monday it secured an IT contract to support the cargo handling operations at Vietnam's Tan Son Nhat International Airport.
|
|
Source: The Economic Times
Full Article: Click Here |
| |
|
|
| |
| SPOTLIGHT |
|
| IILM honours Tharoor |
|
New Delhi: Minister of State for External Affairs Shashi Tharoor, has been conferred the distinguished Global Thinker Award 2010 by IILM Institute for Higher Education. The Minister also delivered a special lecture on ?Challenges of Global Governance: An Indian Perspective?.
|
|
Source: The Pioneer
Full Article: Click Here |
| Jaypee Group Founder is Infrastructure Leader |
|
New Delhi: Essar Steel and E-18 gave away the Essar Steel Infrastructure Excellence Awards 2010, at an event on Thrusday organised in association with CNBC TV 18.
The awards ceremony was meant to recognise the achievements in infrastructure development in the country.
|
|
Source: The Hindu Business Line
Full Article: Click Here |
|
| |
| UPCOMING EVENTS |
|
|
|
|
| |
| COMMENTS & OPINIONS |
|
| Futuristic M&A math |
|
India: The credit markets? appetite to finance the $8.3-billion Bharti-Zain deal is a good indicator for Indian companies planning big-ticket deals. By every standard, the deal is one of the biggest by a domestic corporate in the global buyout league. So, there was a lot of interest in regard to how the deal will be financed by a global financial market not yet fully recovered from the impact of the credit squeeze. For instance, getting a five-year syndicated dollar loan is still very difficult. Yet, the financing of the deal has been sewn up by the Bharti management at a ....
|
|
Source: The Financial Express
Full Article: Click Here |
| |
|
|
|
|
| |
|
|
|
