"The tie-up with the ASE could either be an equity partnership or a technology tie-up, or both. The regulatory bodies have to clear the proposal and we also need approval from our members first," a top ASE official said on conditions of anonymity.
"The last few years have seen under-investment in agriculture, leading to a shortage of foodgrains and high prices. The cost of wheat has jumped from $130 to $500 per tonne in a short time. Everyone wants to invest in IT and computers but not in agriculture," said Vasant Gandhi, professor at Indian Institute of Management, Ahmedabad, speaking during the inaugural session of 'Amaethon', the agri-business business school meet.
With operations in Mumbai, Bangalore, Chennai, Hyderabad, Kolkata and Pune, Capgemini India offers its services across several verticals including retail, telecom, manufacturing, energy, utilities, finance and the public sector.
Civil aviation minister Praful Patel, has said that the government has plans to touch 100 operational airports by 2008 and was working to create at least 500 small and big airports across the country. Highlighting the oil sector, Patel said that the sector needs introspection. "Unless we work on our oil sector, we are not going to be a stable economic power in the long run," the ministry added.
Indian IT firms companies having their operations in Malaysia are showing great amount of interest in investing in residential properties in Malaysia. Over 700 Indians have acquired residential properties.
According to the bankers in Gujarat, a larger number of small investors had applied for initial public offering (IPO) subscription that has washed away approximately Rs 300-400 crore from entire Gujarat's banking system in just one week.
The state which has six national parks and six wild animal reserves, is developing 110 trekking stretches which will cover a major chunk of the Himalayan mountain range in the state.
A recently completed research survey has revealed that the Indian consumers have ranked Amul as the number 1 brand of the country. The survey was conducted by Asia's leading research organisation Synovate, Hong Kong.
India's cotton sector is pitting its stakes on a bumper production in 2007-08.
According to sources close to the development, the government is shortlisting the states where the new IITs and IIMs will be set up. The states will be selected on the basis of their economic and social status.
After the Bt Cotton boom in Gujarat, it is the turn of organic cotton now. Keeping pace with the global trends, certain areas in Gujarat are going for organic cotton.
An Ahmedabad school has joined hands with some corporate houses and institutions to make Ahmedabad the country's first child-friendly city.
The reason is that the students from metros and bigger cities are turning to IT. The institute will also launch virtual classrooms for its foundation level students by November this year.
Changing political situation in America and European countries have forced rich Islamic investors from the Gulf countries to look for investment opportunities in South East Asian countries, including India.
Indian Institute of Management, Ahmedabad has decided to hike the fees for the second batch of the one year Post Graduate Programme in Public Management and Policy from Rs 9 lakh to Rs 12 lakh.
National Housing Bank, the refinancing and regulatory authority of housing finance companies in India, is of the opinion that reverse mortgage would fall under the tax bracket unless the government clarifies on exempting reverse mortgage.
The Torrent Group company is aiming at over 20 per cent equity in the Dahej SEZ which also has a Rs 13,500 crore (Rs 135 billion) integrated petrochemical complex coming up in south Gujarat.
As part of its initiatives to work with Indian law enforcement organisations towards creating more awareness on cyber crimes, Nasscom is in talks with Maharashtra Director of Prosecution to train 40 prosecutors every month.
Political opposition in the US to outsourcing has had many IT service providers in India on tenterhooks for the last three years fearing a policy level decision against it.
Western India Automobile Association, in partnership with the Gujarat government plans to establish a training and testing institute for drivers and vehicles in the state.
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