Despite its massive population, India faces worker shortages in many sectors. Rapid growth means businesses must offer higher wages to keep employees
The carmaker's Bangalore institute aims to give poor teenagers a leg up and produce skilled workers for the subcontinent's auto boom
RComm will test launch its direct to home services Big TV this week, which would include some niche channels that are currently not available in India.
India's booming mobile services market will see investments of over Rs 100,000 crore (around $24 billion) by 2010, the fastest investment ramp-up seen in any telecom market globally even as analysts predict a bruising battle that will see tariffs fall sharply.
Delhi Metro Rail link will make commuting to Delhi's new airport a mere 21-minute run. Plans also include check in counters at the metro's stations.
If it were a corporate entity, the Board of Control for Cricket in India would have been among the country's top 170 companies in terms of revenues (2007) -- much larger than Zee Entertainment (Rs 1,515.88 crore) for which promoter Subhash Chandra is waging a bitter battle against the official cricket board to develop 20-20 cricket in India.
RCom had recently received spectrum in 13 circles under the new cross over technology policy, in which a code division multiple access operator can also operate GSM services with the same licence. IT operates GSM in the remaining circles.
The Vigilance Commission has asked DoT to justify its decisions regarding spectrum allocation to GSM operators.
RComm has decided to raise the retirement age of its employees from 58 to 65 years. This move is seen as part of its expansion plan and difficulty of recruiting sufficient staff.
Overall, the survey shows that salary increases across industries at 14.8 per cent are roughly the same as last year (14.5 per cent).
The 5-seater utility vehicle might have an 800 cc or 1200 cc engine.
Launch will be under separate brand name
This will be the country's largest order for telecom equipment and one of the world's biggest. The installed production capacity of GSM electronics worldwide is 250 to 300 million lines annually, suggesting that the order could account for more than 10 per cent of global production over the next three years.
The $2,500 'People's Car' to be unveiled on January 10 is a natural fit for India, but don't expect rivals to match it.
Reworks proposal submitted to Foreign Investment Promotion Board.
Now, sources in Bajaj Auto have confirmed that it is expected to offer a sneak preview of its small car, priced at roughly Rs 1.17 lakh, at the Expo. The country's second largest two-wheeler company had announced a tie-up with Renault and Nissan in October to develop an ultra-low cost small car for India.
The rupee's 11% gain against the dollar has driven U.S. and European retailers to switch their orders to countries with weaker currencies.
The Department of Telecommunications' Wireless Planning and Coordination arm has moved a note to issue start-up spectrum of 4.4 MHz to four leading service providers offering GSM technology, whose applications have been pending from December 2006.
The story of the Eicher group, promoted by the Delhi-based Lal family, may some day make a case study, not least for its agility in coping with the changing reality of doing business in India.
Key operators of GSM mobile services are working on a counter-proposal on spectrum allocation that would include accepting a 25 per cent increase, at the most, in minimum subscriber numbers for operators to qualify for additional access to the radio frequencies that enable mobile communications.
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