But, VC of GE also expressed concerns about the slow progress in infrastructure development, calling for pro-investment regulations and right tariff regime.
On the other hand, quasi-state owned National Bank of Pakistan and privately-owned United Bank Ltd will be running full-banking operations across the border, once licensed by India.
Belgium-based financial transaction SMS provider SWIFT is working on a partnership with eight leading Indian banks to form a joint company by 2012-end to expand its footprint in banking and financial sector of India, a company official said on Wednesday.
Economics will dominate the future relationship between China and India and it will be characterised by competition and collaboration simultaneously, says an official of ISAS.
The company is holding a series of meetings with investors, analysts and clients in Singapore.
India must push on with economic reforms as back tracking on such initiatives will impact growth as well as foreign investments, a senior banking official said.
Noting that India and Pakistan have made "major strides" in reducing their trust deficit, External Affairs Minister S M Krishna on Friday said he will visit Islamabad this summer.
Supporting the capital market regulator Sebi's proposal for an independent auditing regulator in India, global auditing and consultancy major PwC has said there is an urgent need to have a strong and powerful watchdog for this business.
Terming it a socially responsible business model for growth, HCL Tech vice chairman and CEO Vineet Nayar said the company would create these jobs for fresh engineers.
The foundation is providing the money to The Global Fund to fight AIDS, tuberculosis and malaria through a promissory note, co-chair Bill Gates said.
multi-million dollar salary packages cut by at least a third, but in spite of that they would remain as top paid globally.
The move would end the exclusive availability of Thunderbolt, which was launched earlier this year and helps transfer data between different computing devices at high speed, on Apple's Mac computers.
Showcasing what the future holds in the computing arena, chip-maker Intel on Wednesday unveiled a computer with a processor running on a postage stamp-size cell powered by solar energy.
Ruling out any move to become the rival of its own customers, the world's largest chip-maker Intel on Wednesday said it is not interested in acquiring technology giant HP's PC business.
Young Indians will lead the next wave of change to make India a truly industrialised nation in the next 10 to 15 years, says a Foreign Direct Investor in South Asia's largest economy.
Indians spent a whopping USD 575 million, mostly in shopping, in Singapore during the first nine months of this year, city-state's tourism board said.
European Investment Bank has expressed interest in financing solar park projects in India, the Asian Development Bank senior investment specialist Don Purka said on Thursday.
In the first major international exchange business initiative by an Indian entity, a new commodity and currency bourse, Singapore Mercantile Exchange (SMX) on Tuesday commenced trading here with derivatives contracts like gold, crude oil and Euro-US dollar.
From thousands of job losses to historic bankruptcies to Dubai debt crisis, the year had more than its share of shocks.
It was only gold, one of the oldest investment forms, that provided some solace to investors and somehow stood by its record of being a safe place to put hard cash in -- although the gain of about 25 per cent was nothing compared to what it returned in the previous years. This time around, however, the money that went into stocks lost more than half of its value on an average in comparison to a gain of 25-50 per cent over past few years.
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