The company is already planning a second centre in India, most probably on the outskirts of Maharashtra, which would supplement the Vadodara centre.
Switzerland remains the 'biggest private banking financial centres for cross border wealth management' with assets worth over CHF 2.11 trillion ($2.2 trillion), as per the study conducted by the Swiss Bankers Association and the Boston Consulting Group.
Motorola Mobility, acquired by Internet giant Google, on Wednesday said it has decided to suspend its operation in Chennai centre, a move which would lead to job losses for 76 employees at the facility.
Indian Pro boxer Chandni goes down to Shin Bo in WBO Asia Pacific title clash.
It and Vistara both book slots here; former also likely to launch Mumbai flights from early 2015.
India's share will only get bigger once SpiceJet enters the fray from June to fly south east Asia and south Asian countries.
Modi attended the 20th ASEAN-India Summit in Jakarta. Secretary-General of ASEAN Dr Kao Kim Hourn also attended the summit.
Ambani is in good company. The likes of ultra-rich individuals like hedge fund billionaire Ray Dalio and co-founder of Google Sergey Brin have chosen Singapore to establish their family offices. So have British inventor James Dyson, famous for his bladeless fans and hair dryers and vacuum cleaners, and Zhang Yong, founder of China's Haidilao hotpot restaurant chain, reports Lee Kah Whye.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
C&W conducted a series of interviews with Chinese and Indian companies already established in Dubai as well as with those companies considering setting up in the region.
Etihad will be able to carve out a strong niche in the Indian market.
In Asia-Pacific's public eye, Prime Minister Narendra Modi is below Chinese President Xi Jinping and Japan's Shinzo Abe, according a survey
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
Major no-frill carrier IndiGo expects to continue its profit-making streak this financial year too, as it plans to increase frequencies on select international routes soon.
The acquired company's clients include Franklin Templeton, Standard & Poor's, Finaplex, ING Investment Management, Sanofi-Aventis, Kaiser Permanente, Intuit and PayPal among others.
Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.
The automaker will invest USD 195 million (about Rs 1,300 crore) and would employ 3,000 workers over the next five years, Ford Executive Chairman Bill Ford said in the Tamil Nadu capital today.
India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).
"The reality, across the world today is that while non-Muslims are the proclaimed targets of the Islamist extremists and the so-called global jihad, it is Muslims who are its principal victims," Gill said.
At a panel discussion at the Centre for Asia Pacific Aviation's summit in Mumbai on Tuesday, Gopinath also said that airlines should price fares so as to maximise loads.
Automation software major Rockwell Automation will move its high-end integration work to the Bangalore application development centre, a senior company official said on Wednesday. It also plans to add the workforce at its Bangalore centre.
The Centre for Asia-Pacific Aviation also expects India's airlines to post a combined loss of a whopping $1.4 billion, with Air India likely to be the 'worst performer' to report a loss of almost the entire amount of $1.3 billion.
While the FPI limit on most bond issues would not be raised above 6 per cent, there would be some in which there would be no limits, reports Arup Roychoudhury.
Having known Vice Admiral Hari Kumar personally and professionally, Commodore Venugopal Menon (retd) wishedshim a fantastic tenure as Chief of the Naval Staff. Under his command may the Indian Navy grow in all dimensions as the nation strive to establish itself as a credible sea power in future.
The State Bank has won the prestigious Asian Banker Achievement Award for being the strongest bank in Asia Pacific region, instituted by the Qatar Financial Centre Authority and the Asian Banker magazine.
Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.
India has the best hiring outlook globally, second only to Brazil, with 54 per cent of companies surveyed planning to hire in the December quarter as against 51 per cent in the September quarter, according to a report by global staffing firm ManpowerGroup. The report titled "ManpowerGroup Employment Outlook Survey" showed that India has the strongest net employment outlook for the December quarter in the Asia-Pacific region, followed by China (46 per cent), and Australia (38 per cent). The global net employment outlook in the December quarter would stand at 30 per cent, down by three percentage points from the June-September quarter, yet six percentage points higher than the same period last year, the staffing firm said.
As part of its road map to achieve 100 per cent dependence on renewable energy by 2025, Amazon on Wednesday announced its first utility-scale renewable energy projects in India - three solar farms located in Rajasthan. These include a 210-megawatt (Mw) project to be developed by India-based developer ReNew Power, a 100 Mw project to be developed by local developer Amp Energy India, and a 110 Mw project to be developed by Brookfield Renewable Partners. By the end of 2021, the company had reached 85 per cent renewable energy across its business.
The center at the Jawaharlal Nehru stadium took a significant step towards becoming only the sixth IOC-accredited laboratory in the Asia-Pacific region.
Estimating that AI's total losses this fiscal would mount to $800 million in 12 months ending March 31, consultancy firm Centre for Asia Pacific Aviation has said that the airline would require at least $1 billion for rebuilding it self.
The passenger numbers have grown at a little over 20 per cent in the past few months.
The agreement would divert China's attention and keep them busy in the Pacific theatre, probably resulting in a reduction in threat perception in our area of interest in the Indian Ocean, notes Commodore Venugopal Menon (retd).
Speaking in connection with the launch of the company's ninth global manufacturing plant in India at Hyderabad on Wednesday, Henri Lachmann, chairman, Schneider Electric, said the company was growing at 30 per cent annually in India.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
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