Eyeing greater cooperation with South East Asian countries on economic and security issues, India on Thursday announced a separate Mission for ASEAN region to be set up in Jakarta with a full-time resident Ambassador.
Lending support for India's ambitious Nalanda University project, six countries on Thursday began the process of signing inter-government agreements to pledge their commitment for this academic institution.
Aiming to give fillip to India's Look East policy, Prime Minister Manmohan Singh is expected to announce new initiatives to take forward ties with the ASEAN by setting up a mission and appointing an ambassador for the 10-member grouping.
The UK-based group, run by billionaire Hinduja brothers, is already present across various countries including India in sectors like banking, auto, energy, technology and healthcare and has a turnover of over $25 billion (about Rs 1.4 lakh crore or Rs 1.4 trillion).
Asked whether he would favour dropping the 'Satyam' name from the nomenclature of the merged entity, the Mahindra Satyam CEO said he would favour doing so.
However, the Indian government and companies need to focus on understanding the skill sets they would need in the future and train the country's young population accordingly to maintain the supply-demand balance of the job market, Manpower Group President (Global Corporate and Government Affairs) David Arkless told PTI in an interview in Davos.
The findings, released at the World Economic Forum meeting in Davos on Friday, come at a time when the global economy is going through stressful times.
Norwegian telecom firm Telenor, which won licences to operate in six big states in November, is hoping for a further reduction in the start price for the second round of spectrum auction in March.
The government liberalised FDI policy in sectors, including multi-brand retail, single-brand retail, commodity exchanges, power exchanges, broadcasting, non-banking financial institutions and asset reconstruction companies.
Enthused by improving global economic scenario and a renewed wave of reforms back in India, IT giant Infosys says it is bullish over better growth prospects of IT sector in 2013 and expects greater job creation this year.
One moment you can find access to certain parts of the town very difficult while the very next minute you may also run into a security personnel or police officer who is escorting you till your destination even if you just ask for the way.
The head of India's largest private sector bank, who is in Davos in this Swiss Alpine resort town for the World Economic Forum Annual Meeting, said that the central bank has already in its last policy statement, indicated monetary policy easing in the fourth quarter of the current fiscal.
Recent measures by Indian government to push economic reforms have dispelled fears of policy paralysis, while some more steps are needed for reviving investments and ensuring that household savings go into productive sectors, top banker Chanda Kochhar said.
India on Thursday said it will support a candidate from a developing country for the top post of the the World Trade Organization (WTO) that is to be decided by the end of May.
According to the report, the competition deficit is more pronounced in three core areas -- innovation and entrepreneurship, mobilising talent, and product and service market efficiency.
Nath, who is leading the Indian delegation at the annual World Economic Forum meeting in Davos, also said that even the US or Europe would not have seen as many reforms that happened in India.
The company, which is one of the strategic partners for WEF annual meeting at Davos, hosted one of the first company receptions for this year's meeting on January 22.
The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.
The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.
The six-day long World Economic Forum annual meet, which will see participation of over 100 Indian business and political honchos as well as global leaders, began here today and fiscal woes in the world economy are expected to dominate discussions.
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