He also said the city had a long way to go before it could reach the status of a global city, and said that greater autonomy and better governance of the city would ensure the global city status, says the finance minister.
General Motors also plans to increase sourcing from India over the next 4-5 years to $1 billion annually.
UK environment minister Lord de Mauley hosted a round-table meeting here with representatives of mango and vegetable importers and exporters from the UK and India, Deputy Indian High Commissioner to the UK Virendra Paul, and senior regulators from Defra and the Food and Environment Research Agency.
ITC Limited could take its IT business -- ITC Infotech -- public, its Chairman Y C Deveshwar said on Friday.
Sunil Mittal, President, CII, met French President Nicolas Sarkozy met in Paris to discuss Indo-France business relations.
Focus on supplies to check inflation.
International Finance Corporation plans to increase its investment to $1.0 billion this year in Indian companies, mostly engaged in manufacturing, infrastructure and financial sectors.
Larsen & Toubro Ltd will shortly file with the Bombay Stock Exchange its plans for a trust scheme for its employees to pick up 15 per cent stake of Grasim Industries Ltd.
Indo-US economic relations have vast potential but pending issues like the one about the failed Dabhol power project need to be resolved, US Undersecretary of State Alan P Larson told visiting Indian businessmen in Washington.
The Confederation of Indian Industry in its budget wish list has urged to government to scrap the fringe benefit tax.
The department of science and technology, Confederation of Indian Industry and Intel on Wednesday signed a statement of intent with a view to promote culture of inventions and innovations among students and youth of the country.
The defence minister asked the Pakistani leadership not to talk about using nuclear weapons and get into the idea of committing suicide.
According to CAIT, e-commerce policy should take within its ambit not only foreign players but also domestic ones.
Planning Commission Member N K Singh on Wednesday said there was a need to continue with crucial economic reforms to sustain eight per cent GDP growth.
President of Portugal Anibal Antonio Cavaco Silva on Wednesday said India was now recognised as a success story, a place where "the future is being shaped".
President AJP Abdul Kalam says India can wipe out poverty through a network of connectivities encompassing a knowledge grid, a healthcare grid, e-governance grid and the knowledge grid.
Today, when you buy a door or a window in wood, you are not aware that you are depleting forests. Tomorrow, your wood will have to be certified that it is from a sustainable forest, says R Parasu Raman, Vice Chairman, WGBC.
India is set to give a major push to 'Brand India' in China in an attempt to strengthen its foothold in the country, even as bilateral trade rises at a blistering pace, industry officials said.
The resurgence in confidence in Indian manufacturing was borne out by many examples of Indian companies going global.
The India Today group said on Monday it would launch an English language daily in New Delhi early next year.
ICICI bank CEO and CII president K V Kamath told the media on the eve of the two-day national council in Hyderabad that 'skilling' was the key area and big challenge for the country.
Experts said a future rate cut would depend on the inflation.
The Inter-Ministerial Group for modernising Delhi and Mumbai airports would shortlist the preferred bidders for the airport revamp joint ventures within the next few days, Civil Aviation Minister Praful Patel said on Wednesday.
India Inc enables the US' frostiness to India.
Stating that India is not witnessing a slowdown in investment, Confederation of Indian Industry president K V Kamath said on Thursday that the country would continue to grow at a healthy rate of 8.6 per cent for the next five years.
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