French carmaker Citroen will launch its C3 Aircross Sport Utility Vehicle (SUV) in India by October, and is betting big on exports from India to markets like South Africa, ASEAN (Association of Southeast Asian Nations) and Nepal, a top company executive told Business Standard. Citroen, which sold 6,000 units through Citron C3 and C5 Aircross SUV, is likely to double its sales during the current year, as it has already sold 6,000 units of Citron C3 and eC3 electric vehicles during the first six months. "We are going to start bookings for the C3 Aircross SUV in September and launch it in October. Price will be at the heart of the midsize SUV market," said Saurabh Vatsa, Citroen India branch head.
In 2004, India's IT spending is expected to grow 19.5 per cent, while that of China is forecast to expand 16.9 per cent, IDC said.\n\n\n\n
India's services sector activity eased in August but growth rates for new orders remain elevated, as services firms indicated the sharpest upturn in new export business which acted as a catalyst for firms to expand their workforces as well as output, a monthly survey said on Tuesday. Despite falling from 62.3 in July to 60.1 in August, the seasonally adjusted S&P Global India Services PMI Business Activity Index indicated one of the strongest increases in output seen since mid-2010. For the 25th straight month, the headline figure was above the neutral 50 threshold.
'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'
To help US, as India will be a major economy in the future.
Global rating agency Moody's on Monday said the high commodity prices and supply chain disruptions due to further escalation in the Russia-Ukraine crisis could expose about 42 per cent of rated Indian companies to significant risks. They are mainly in the oil and gas and automotive sectors. The impact may be seen under two scenarios: first, revised base line and second being downside economic scenarios incorporating a global recession and a more severe liquidity squeeze, it said. The military conflict between Russia and Ukraine is impacting companies in Asia Pacific, adding to existing challenges from supply chain disruption and the coronavirus pandemic.
PC shipments declined by 10.9 per cent to 76 million units in second quarter of 2013 from 85.32 million units in the same period last year, preliminary data by Gartner said.
Preity in mommy gear... Mohanlal celebrates Iruvar... Dia shares a memory...
Former United States President Donald Trump has promised that he will take America's relationship with India to the next level again if he wins the presidential election in 2024.
Lara Dutta is celebrating 20 years of being crowned Miss Universe!
'Tensions and dialogue are likely to go hand-in-hand with China.' 'The goal should be to cultivate power so that one can negotiate from a position of strength.'
India also saw a decline in piracy level to 60 per cent in 2013 from 63 per cent in 2011.
The venture, they said, would focus on technology and media opportunities in emerging markets. Industry sources said the focus would be on digital media, with India being the big driver.
The Sampark Foundation boasts of a $100 million outlay funded entirely by the Nayars and represents more than half of their wealth.
China on Tuesday angrily denounced the nuclear-powered submarine deal announced by the US, UK and Australia, saying the pact violates the Non-Proliferation Treaty (NPT) and the three countries are travelling "further down the dangerous and wrong path."
She said that access to justice for all has been a theme close to her heart and mentioned several steps taken to help economically disadvantaged sections of society to approach legal institutions for remedial action.
It and Vistara both book slots here; former also likely to launch Mumbai flights from early 2015.
The annual India-United States bilateral Malabar naval exercise which kicked off on Monday in the Asia Pacific region is not aimed at containing China, the Pentagon has said.
USA Vice President Kamala Harris and Chinese President Xi Jinping met at the Asia-Pacific Economic Cooperation summit in Thailand.
More than half (56 per cent) of chief economists expect the global economy to weaken in 2024, with most saying the pace of geo-economic fragmentation will accelerate, according to the latest "Chief Economists Outlook" released on Monday at the World Economic Forum (WEF). The report indicates that the global economic prospects remain subdued and uncertain. Challenges include tight financial conditions, geopolitical rifts, and the rapid development of generative artificial intelligence (AI).
Index compiler FTSE said on Wednesday it planned to raise the weighting of India to 2.9 per cent from 2.3 per cent in its All-World Asia-Pacific ex-Japan Index as well as making a number of other changes.
Triple jumper Arpinder Singh created history by becoming the first Indian to win a medal in the IAAF Continental Cup as he clinched a bronze but star javelin thrower Neeraj Chopra finished sixth with a below-par show, in Ostrava, Czech Republic, on Sunday.
Indian Pro boxer Chandni goes down to Shin Bo in WBO Asia Pacific title clash.
The 2013 Boeing Pilot & Technician Outlook, a bellwether industry forecast of aviation personnel demand, calls for 192,300 new commercial airline pilots and 215,300 new technicians in the Asia Pacific region through 2032.
19% of 320 institutional investors managing $1.3 trillion prefer India as investment destination in 2017
'There is a huge risk of misinformation and disinformation, and targeted campaigns that could potentially happen against candidates or to push certain narratives.'
The study was published in the journal Science.
The survey also revealed that 17 per cent Indian women are not satisfied with their job security, lower than their male colleagues.
Corporate India lags the rest of its Western and Asian peers by a wide margin when it comes to the presence of women on their boards, with just 17.3 per cent of the large companies having them on their key decision making bodies, an international report said on Tuesday. However, this is a near 6 percentage points improvement between 2015 -- when it was only 11.4 per cent -- and 2021, Swiss brokerage Credit Suisse said in the report, which covered over 33,000 executives from more than 3,000 companies across 46 countries, including over 1,440 firms across 12 Asia-Pacific markets. Female representation on boards of large Indian companies has increased by 5.9 percentage points from 11.4 per cent in 2015 to 17.3 per cent in 2021.
The recent rally in small and midcap (SMID) stocks is not backed by fundamentals and is a case of irrational exuberance, analysts at Kotak Institutional Equities said in a recent report. The fundamentals of most of these companies have, in fact, worsened over the last few months, they noted. Yet, some analysts expect the bull run in these stocks to continue amid intermittent corrections.
US admiral's suggestion for a revival of a strategic maritime quadrilateral with Japan, Australia and India leaves China livid, says Rajeev Sharma.
About 72 per cent of Indian employers, i.e. three in four, believe the focus on such initiatives is likely to grow stronger two years down the line.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
IT major Wipro Limited has appointed Satya Easwaran, a former senior executive at consultancy KPMG, as its India head. Easwaran will be in charge of strengthening Wipro's business in India across key industry sectors through strategic consulting, transformation and modernisation engagements, it said in a statement on Monday. "India is a strategic market for Wipro and I am excited to welcome Satya to champion our bold ambition for growth and leadership here.
India will also play an increasingly important role as one of the Asia-Pacific region's major economic growth engines, helping to drive Asian regional trade and investment flows.
The buildup of Chinese armed forces is continuing 'unabated' and Beijing's goals appears to be power projection beyond Asia and to challenge America's freedom of action in the region, a top US admiral has said.
"Dell moved into second place in the worldwide PC market for the first time since the fourth quarter of 2008. Dell did well in the Asia and Pacific region, where it has invested heavily lately. Professional PC refreshments definitely boosted Dell's growth," according a survey done Gartner.
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.
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