Passengers can book the combined plane-train journey as a single ticket.
John Clancy, spokesperson for the European Commission's trade directorate, told Business Standard this week's talks would focus on 'tariffs and services'.
As many European countries struggle with high unemployment, sluggish economic growth and sovereign debt crises, the issue of migrant workers and labour mobility is becoming more controversial than ever.
In the clearest indication from the European Commission yet that a resolution to the ongoing dispute between New Delhi and Brussels regarding generic drug seizures had been reached, a senior EC official told reporters on Wednesday that the EU was "open to changing" the offending regulation.
With the pressure on for the European Union (EU) and India to come up with a significant announcement at the upcoming EU-India summit on December 10, a flurry of activity surrounding the ongoing negotiations for a bilateral free trade agreement (FTA) is giving momentum to the process.
British born Indian, Sachin Duggal, 27, a World Economic Forum 2009 technology pioneer, says that a major part of the battle he and his cloud computing company Nivio fight is in fact 'unclouding' the concept itself. "Part of our challenge is educational. We are trying to explain what we are about."
While Bajaj will be responsible for developing and manufacturing the car, Renault-Nissan will brand, market and sell it for both the Indian and overseas markets.
Brussels' gently warm summer days draw thronging crowds out to Cinquantenaire Park, a generous green sprawl a stone's throw away from the European Union headquarters. The scents of vanilla and caramel float from waffle vendor vans and the excited shrieks of toddlers mucking about in sandpits punctuate the air.
Steve Cardell, CEO of HCL Axon, spoke to Pallavi Aiyar about why, despite the reservations many analysts had, the move appears to have paid off for both entities.
Given the dynamics of the world today, it is inevitable that a relative decline in European power will occur.
Although still behind India's $60 billion-equivalent, many Chinese companies are increasingly confident that India's days as king of software outsourcing are numbered. Business Standard spoke to Dr Liu Jiren, founder and CEO of Neusoft, China's largest outsourcing company, about how Chinese outsourcing firms evaluate themselves against Indian counterparts. Edited excerpts:
The European Commission on Thursday announced a set of proposals aimed at increasing the economic and fiscal coordination of European Union member states.
In Belgium, the word "India" is most often coupled with steel and one name: Mittal.
In a move intended to reassure the jittery financial markets, the European Commissioner for Monetary Affairs, Olli Rehn, on Thursday stressed the fact that the European Union and the International Monetary Fund (IMF) were aware of the need to move swiftly to help an overly indebted Greece.
According to a source on the Indian side, New Delhi and Brussels have agreed to eliminate tariffs on 90 percent of all tradable goods. But, India wants the EU to up their offer to include 95 percent of goods, while the EU wants India to offer a slash in tariffs on 98 percent of goods.
The runaway success of an American company in controlling access to information, in an information age, does not sit comfortably with the powers in Paris, Berlin, Rome and Brussels.
Recent weeks have seen the euro coming in for a pummeling, sending ripples across global markets.
Europe may continue to reel from the shock of the global financial crisis, but even in these depressed circumstances Information Technology-related outsourcing remains surprisingly buoyant to the benefit of Indian firms like Tata Consultancy Services.
In a statement on Tuesday, the European Commission said it had requested 'information from certain pharma companies asking them to submit copies of their patent settlement pacts.'
India has chosen to count itself in that centre, a choice that clearly unhinges it from the South. It is also a choice, the consequences of which will be difficult to undo, going forward.
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