Indian apparel brands are looking at China as the new retail destination.
The Indian IT companies, which have been hitherto providing back office services (claims processing and others), are now planning to provide actuarial valuations. Genpact, one of the largest players in the property and casualty space has been in actuarial services since the last five years.
The Indian market is very competitive because you have existing foreign banks, private banks, new foreign banks and public sector banks, says Mike DeNoma, executive director, StanChart.
Swedish behemoth Volvo has charted out an aggressive strategy to become a leader in the country's heavy commercial vehicle sector, following its alliance with the Delhi-based Eicher Motors.
Indian jewellery firms are increasingly showing interest in the international market and are planning to venture into luxury lifestyle products.
"We remain positive on the outlook for the emerging market (EM) equities. Although this asset class is entering its sixth year of outperformance compared with the world equities, valuations are not yet expensive on a historic and relative basis, especially in the light of a much higher growth potential at the earnings level," says Angus Stening.
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Bonds/papers of Tata Motors, Reliance, SBI, ICICI and others turn illiquid in international markets.
Seeing a good market in the European Union countries, India's horticulture sector is now busy tapping this potential.
Alkem, the largest manufacturer of Fructo-Oligo Saccharides, which helps the growth of good probiotic bacteria, is planning to roll out more products in the national and global markets, said Sharad.
In October, media reports suggested that the World's largest retailer Wal-Mart made "suspicious payments" totalling millions of dollars to local officials in India.
Everyday consumerables, such as grocery and order-in food items are the key buyout sector, analysts say, and a major reason for kirana stores' digitisation push.
Fresh capital will help Flipkart further grow its e-commerce marketplace in India as the world's second-largest internet market begins to recover from the COVID-19 crisis.
Hedge funds, which are proving to be a headache for stock market regulators across the world, will be the main topic of discussion at the four-day annual conference of the International Organisation of Securities Commissions.
Meet Poonam Gupta, vice president, business development, the National Multi Commodity Exchange of India (NMCE), India's leading multi-commodity exchange.
Nimbus is foraying into the rental DVD market and plans to set up 125 DVD stores across 69 cities in India within a few months.
Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.
The Kolkata Police said it is yet to question the principal of La Martiniere for Boys School, a day after he expressed regret for caning a 13-year-old student who allegedly committed suicide.
'If one crore is sanctioned to make a road, they spend only Rs 40 lakhs and the remaining 60 lakhs is looted by the politician, bureaucrats and the contractor.'
DB Realty Ltd is taking aggressive steps to come out of the shadows of the second generation telecom spectrum scam.
Flipkart has promoted several of its leaders into newer roles at a time when the Walmart-owned e-commerce giant has internally raised its IPO (initial public offering) valuation target to about $60 billion and aims for a US listing in 2023, according to the sources. "I am delighted to announce the promotion of some of our exemplary leaders," said Kalyan Krishnamurthy, chief executive officer, Flipkart Group, in an internal note, and which has been reviewed by Business Standard. "Each of them has been instrumental in delivering impact and creating long-term value for Flipkart.
While the investment amount could not be immediately ascertained, a report pegged it at about $2 billion.
The GM-SAIC tie up follows GM India-Reva collaboration to launch electric vehicles in the market.
Close on the heels of expanding its operations, Microsoft India has now set its eyes on penetrating the consumer market in the country.
Developers are tweaking their business model by launching smaller apartment sizes and playing the volume game to keep prices low and create buyer interest.
The security solutions software market in India is expected to touch $130 million by 2009 from $36.3 million in 2004 with the next wave of growth coming from small and medium enterprises, according to research firm IDC.
HDFC Bank on Tuesday ruled out merger with its parent HDFC or acquiring smaller banks in the near future, but said it has embarked on an aggressive organic growth path in India and abroad.\n\n
Wipro is planning to expand into Sri Lanka and Bangladesh to tap the telecom and banking space, by leveraging on its expertise and strengths in areas such as system integration and IT managed services.
India's security software market is expected to have an annual growth rate of 29 per cent till 2009, according to research and analyst firm IDC.
To expand its product profile in India, Sony announced on Tuesday its entry into IT peripherals market, which, it hopes, would contribute 20 per cent to the Rs 1,600 crore (Rs 16 billion) targeted turnover for fiscal 2006.
