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.
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'.
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.
The government on Friday said any freeze on number of Special Economic Zones would not be feasible given the country's demographic reality.
Government may bring a new law on black money during the ongoing Parliament session.
The government has identified 846 products for which the business community could have a partnership with panchayats for establishing rural business hubs based on Chinese model.
The Auto Expo, touted as the largest auto exhibition in Asia, covering around 1,20,000 sq mt, would be held in New Delhi from January 10 to 17.
While the country's power sector faces an increased demand for electricity, industries in power-starved Maharahstra are exploring the option of using their own captive power plants to dilute the crunch.
Amid opposition from the private sector to reserving jobs for SCs and STs, the government on Tuesday said it will not impose quotas on India Inc, but only wanted more "affirmative action" from the industry for the socially underprivileged.
After acquisitions in Europe and Africa in the last 12 months, the Godrej group is now looking at possible acquisitions in Brazil and Indonesia.
India Inc was urged Wednesday to invest in rural India, which according to a McKinsey survey, will provide a market worth $500-600 billion by 2020.
For the first time ever, India's second largest software exporter Infosys Technologies would aggressively scout for talent in US universities, from where it would hire 300 fresh graduates.
"Considering its geographical location, India, especially Delhi, has the potential to become a gobal hub for air cargo," Singapore Airlines Cargo Pte Ltd president Hwang Teng Aun said.
Housing Development Finance Corporation, a key home loan lender, on Monday said it is likely to increase interest rates by up to 100 basis points (bps) - 1% later this week.
Global management consultancy firm Deloitte said on Tuesday it would strengthen Indian operations by doubling its headcount to 12,000 and is open for acquisitions to garner 10 per cent of global revenues from the country by 2010.
Inviting investment from India, Vietnam on Monday said it was committed to building stable, transparent and free trade relations with all its trading partners.
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.
With Prime Minister Manmohan Singh favouring full float of the rupee, Finance Minister P Chidambaram on Monday said the government and RBI would in the next few days announce steps on capital account convertibility of the Indian currency.
Authorities also said the recovery rate of COVID-19 patients was improving consistently in India and it was in a much better position in handling the pandemic, which has seen more than 63 lakh people testing positive for this virus since its emergence in China last December and over 3.7 lakh having lost their lives.
Companies should focus on creating customer experiences for building brands rather than concentrating on products and services, a management expert said in Chennai.
Charging the UPA top brass of aligning with industry chambers and not paying heed to coalition partners' demands, Left leaders on Friday said the forthcoming Budget should restore capital gains tax, rationalise corporate tax exemptions and export inc
The government will introduce the revised company law for legislation in April in Parliament that will mandate one third independent directors in a company's board.
Chanda Kochhar said the only comforting factor is that investors pouring in money into such startups are 'mature'.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
This and many more issues related to India's growth will be deliberated at the 22nd edition of the India Economic Summit, to be held here from November 26 to November 28
Manmohan Singh has mooted a 'specific financing window' for the ambitious Rs 174,000 crore Bharat Nirman Programme aimed at giving a new deal to rural India.
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