Japanese electronics major Hitachi on Thursday said it is looking at India as an investment destination, but infrastructural bottlenecks needed to be removed for it to commit itself here.
With the theme, 'Creating Knowledge-Driven Eco System', Connect 2006 is all set unveil its sixth conference-cum-exhibition.
Afghan President Dr Mohammad Ashraf Ghani will be paying a three-day state visit to India beginning on Monday, during which he would meet Prime Minister Narendra Modi and attend delegation-level talks.
The Delhi-Mumbai Industrial Corridor, which will run parallel to the dedicated railway freight corridor, is expected to see investments of $90 billion.
The proposed chemical hub in West Bengal, which won't come up in Nandigram because of violence there, has to be set up near a port, state Chief Minister Buddhadeb Bhattacharjee said on Wednesday.
The Indo-Thai free trade agreement is likely to be signed by September. The agreement will initially cover goods and include services and investment at a later stage.
Mumbai-based healthcare firm Wockhardt Hospitals plans to set up 14 super-speciality hospitals across the country over the next two years, which could entail an investment of up to Rs 600 crore (Rs 6 billion). The company is focusing on tier II and tier III cities such as Goa, Bhopal, Nagpur among others for expansion besides metros like Delhi, he said.
The two countries would be signing an MoU to foster research cooperation in biotechnology, the visiting premier said, addressing Indian industry captains at a conference organised by business chambers CII, FICCI and Assocham. \n\n
Foreign direct investment into India is expected to touch $15 billion by the end of the present fiscal, with more overseas firms eyeing good returns from the sub-continent.
Murthy, the chief mentor of IT bluechip Infosys, said fairness, transparency and accountability were the "three pillars" of corporate ethics which companies should adhere to.
The US must make substantial cuts in farm subsidies and scale down demands for tariff reductions by developing countries to enable the stalled WTO talks to move forward, India's top trade negotiator said on Thursday.
ICICI Bank chief K V Kamath today said interest rates in the country were "moderating" but could put pressure on the economy if they rise further.
A CII-Rabobank report on biodiesel development says biodiesel as an alternative source of energy holds a significant potential for India in the agriculture sector.
The United States on Monday ruled out cutting farm subsidies unilaterally, but said it was open to talks on the subject with a view to restarting the Doha Round of negotiations at the World Trade Organisation.
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
The Indonesian delegation's visit to HAL highlighted India's capability to produce high-quality air planes and other indigenous products.
Kerala will receive at least 100,000 overseas patients by 2010, according to leading stakeholders of the state's medical tourism sector.
India's third largest software exporter, Wipro Ltd, has said its proposed special economic zones (SEZs) in Pune and Chennai would be operational in 18 months.
Government may bring a new law on black money during the ongoing Parliament session.
Faced by criticism on its special economic zone policy, the government is preparing guidelines for acquisition of land from farmers for setting up SEZs.
US-based global investment banking major Goldman Sachs on Tuesday said it would invest one billion dollar in India for expanding operations in sectors like real estate and infrastructure.
Ahead of the Union budget, Godrej Group chairman Adi Godrej on Monday said the government needs to move toward implementing a goods and services tax regime besides taking measures to control inflation.
Funds are not a problem for the the modernisation of the Kolkata airport by the Airports Authority of India, Civil Aviation Secretary Ajay Prasad said on Tuesday.
Swedish automobile major Volvo would be launching its cars in the country in the middle of 2007, Swedish Deputy Prime Minister Maud Olofsson said.
Ludhiana's hosiery industry is all set for a global expansion with its products attracting French buyers who prefer Indian products than Chinese for sourcing directly to their country.
Kicking off its Rs 25,000 crore (Rs 250 billion) mega retail plans, Reliance Industries announced on Friday that its first store will come up in Hyderabad in September, which will be a vegetable and food store.
Ontario, Canada's largest province, on Monday invited Indian companies to invest in the region so as to tap the entire North American Market.
"We are evaluating our plans for the next three years. To scale up our presence in India, we will invest significantly here," Hughes CEO Pradman Kaul told reporters on the sidelines of CII-CEOs Forum.
President A P J Abdul Kalam will inaugurate a two-day Indo-US Nanotechnology conclave on February 22-23.
The Federation of Indian Airlines, the group formed by various carriers, has appointed Amitabh Khosla from CII as Executive Director to head its secretariat and plans to have a Director General later.
The government on Wednesday allayed fears of any adverse effect on India due to the currency controls imposed by Thailand, that triggered selling pressure in the Indian stock markets on Tuesday.
The proposals before the ministry is to hike the tax exemption limit from the existing Rs 250,000 per annum to at least Rs 300,000 if not 500,000.
Chanda Kochhar said the only comforting factor is that investors pouring in money into such startups are 'mature'.
In comments that may be seen as pointers to the forthcoming Budget, a senior government official said that raising tax rates was no more an option.
'Price spike shaved 1 percentage point off GDP growth'.
Environment ministry also plans to cut the two-stage mandatory clearances under the Environment Protection Act to a single stage, shaving six months from the process.
He said the government was targeting to attract Rs 1,00,000 crore (Rs 1000 billion) as FDI in the next two years and an additional Rs 50,000 crore (Rs 500 billion) contribution to GDP each year.
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