About 64 per cent of the total outbound Indian tourists had sightseeing on the agenda; others travelled to explore new places, seek a change from daily routine, destress and visit family and friends, the report stated. Nature, safety and hygiene are among the important factors considered when selecting a travel destination. Singapore emerged as the most common travel destination for Indians (24 per cent) in the next 12 months, followed by Dubai, Australia, and Malaysia.
The nuclear energy business in India would be in the order of $100 billion (about Rs 4 lakh crore) in about 10 years after the deal comes through. A few companies dealing in clean energy have been making enquiries with the commerce department about the possible trade opportunities and the scope of nuclear business, he said.
"Smart cards are a step towards financial inclusion. The idea is to inculcate banking habits among the poor," says Anita Ramachandra, director, rural development (self-help groups). The government is paying 2 per cent of the amount disbursed through smart cards to the banks to engage them in the initiative.
Infosys Technologies Limited, the Bangalore-based consulting, IT services and business process management company, is leveraging its human resource (HR) development strategies to bring new business into its fold, said company's chief executive officer and managing director S Gopalakrishnan (Kris).
Castrol India is in the process of preparing new oil formulations to be used in engines that run on blended fuels. These formulations will be launched when the automobile sector rolls out vehicles to run exclusively on biofuels, according to Naveen Kshatriya, managing director, Castrol India. Globally, Castrol spends about $70 million a year on research and development (R&D), including about Rs 10 crore (Rs 100 million) in India, for country-specific projects.
In an effort to take technology to the grassroot level, IT major IBM India Private Limited is now working on a talking website at its India Research Laboratory. This will ensure that even the unlettered can create a website and access information from others for business transactions.
MSD Pharmaceuticals, the wholly owned Indian subsidiary of Merck, is awaiting approval from the Drug Controller General of India to launch a human papillomavirus vaccine to treat cervical cancer. The company has already conducted clinical trials.
ISB Hyderabad leads the way with 80% students switching fields.
GMR Hyderabad International Airport (GHIAL) has developed the Rajiv Gandhi International Airport at Shamshabad ahead of schedule, but the company officials are not in a position to tell when the new facility will commence commercial operations even three days after its inauguration.It is learnt that most of the private airlines, including domestic and international carriers, are yet to enter into an agreement with the new airport's two ground handlers.
This is the fifth centre to be established at the ISB. The school has already set up four such centres in the areas of entrepreneurship, finance, logistics & manufacturing, and IT.
Punjab is opposing Centre's area-based tax exemption policy while the underdeveloped states are lauding it as a "well deserved" package.
Pilot DD Gandhi, who flew the Kingfisher aircraft from Mumbai's Chhatrapati Shivaji International Airport, circled thrice over the Shamshabad airport before touching the South Asia's longest runway (4,260 metres) amidst applause from the 50-odd passengers, mostly journalists besides guests and officials of the GMR group.
Governor ND Tiwari while addressing the joint session of the legislative Assembly, which commenced the 40-day annual budget sessions on Monday , said the Airports Authority of India had conducted a site location feasibility study for the international airport at Visakhapatnam and the site had been finalised near Rayavaram.
Aditya Birla Retail Limited (ABRL), the retail arm of the Aditya Birla Group, would be investing Rs 8,000 to Rs 10,000 crore (Rs 80-100 billion) in expanding its operations across the country over a period of five years.
India Ka Hero, perhaps the first-of-its-kind online reality show, developed by NowPos (short for NowPossible) Online Services Private Limited, allows aspiring musicians, singers, dancers and comedians shed their stage frights and showcase their artistic abilities.
While the private companies have to spend Rs 8-12 crore (Rs 80 to Rs 120 million) on building and other infrastructure for each school, the government would provide 30-50 acre land free of cost to the developers of these schools.
Pista House ties up with Gati for worldwide delivery.
Centre for Sustainable Agriculture has leveled serious charges against Genetic Engineering Approval Committee for allowing large-scale field trials of Bt Brinjal.
Hyderabad will host the third 'international seminar on soya foods - 'farm to kitchen' on August 24-25.
The IIIT-H, ranked among the top five in terms of placement according to an annual survey, has announced 100 per cent placements this year with annual pay package of each graduate ranging between Rs 5.2 lakh and Rs 9.5 lakh.