Speaking at a press conference in Kolkata organised by TDSAT, N K Mangla, head of the regulatory department of Reliance Communication, said, "We plan to have a customer capacity of 8 million or 55 per cent of the population in 2008." Reliance also plans to cover 95 per cent of highways, 93 per cent of railways, 6,000 towns and five lakh villages in 2008. Currently, the company has 22,000 towers.
The group is set to become the second largest Indian corporate in terms of market value.
With domestic savings rising, there is strong case that they may; but, equally, it may be premature to underestimate the potency of foreign flows.
Access to market is going to be the major problem faced by start-up IT firms looking to hit the market with innovative products or solutions. Access to venture or angel funding, which was considered the prime issue a couple of years ago, has now been relegated to second or third position.
Based on enterprise service-oriented architecture (enterprise SOA), the programme leverages a pre-developed inventory of reusable form templates, components and services that reduce the cost of form development and deployment time, enabling SAP customers to gain an unprecedented return on their investments in enterprise systems.
Legal and judicial reforms are required for the development of financial systems and to create a favourable environment for growth of entrepreneurship, says the initial recommendations of an Indo-American joint working group deliberating on how to drive entrepreneurial growth in India.
Bangalore-based software giant has teamed up with eminent cartoonist Mario Miranda to create an advertising campaign that will light up its recruitment brand. The Goa-based cartoonist will educate potential recruits about Wipro through his characters.
This is the first time that the company has acquired land on its own without seeking the assistance of the state government's land acquisition agency, Karnataka Industrial Area Development Board.
Retail investors stand to gain from the booming realty sector, through the Real Estate Investment Trusts.
A forum to bring together people from different walks of life for building of an ecosystem is undertaken by Association of Computing Machinery.
Indian television company NDTV is in advanced stages of negotiations with NBC Universal, a subsidiary of New York Stock Exchange-listed General Electric to sell between 25 and 30 per cent in its UK-based subsidiary NDTV Networks Plc.
Industry representatives recommended that the basic annual exemption limit for individuals should be raised to Rs 1,50,000 from Rs 1,10,000 and the peak income tax rate be cut to 25 per cent, from 30 per cent at present.
"The stability is because of the good supply. The home buyers have greater choice too," said D Timmana Goud, head retail assets-south, Axis Bank.
HDFC chief Keki Mistry stresses the importance of inculcating values of social responsibility amongst Indian youth.
B'lore turns to IT to resolve its transport management problems.
The chairman of the Securities and Exchange Board of India, M Damodaran, said on Wednesday public sector companies will have to comply with Clause 49 of the listing agreement for stock exchanges. However, few government-owned companies have met the Clause 49 stipulation (the table shows the state of play in some large government-owned companies).
A majority of the CEOs polled said the emerging political situation at the Centre could derail the pending economic reforms agenda (nuclear power, foreign direct investment in retail, etc).
Most of the biotech companies are focusing on discovery-led innovation in biopharmaceuticals. The segment has been witnessing innovations in follow-on (new variants) biologics (commercial products derived from biotechnology) and vaccines with an emerging activity in discovery-led new drug development programmes.
Tata Motors is expected to unveil its Rs 1-lakh car, which has been the subject of much debate recently and is now being called the People's Car by the company. Maruti Suzuki will showcase two small cars, the A-Star and the Splash. Both these cars are headed for the Indian roads.
The government will soon announce a slew of tax incentives for infrastructure and technological upgrade in the TV and entertainment sector.
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