Enter the fireworks city of Sivakasi in Tamil Nadu and you can smell a familiar mix of sulphur, potassium nitrate, aluminium and carbon - familiar because if you've ever burst crackers, say on Diwali or Onam, chances are they were made here. Almost every household used to contribute to India's festive joy by contributing almost 90 per cent of the fireworks made in the country. Before the pandemic, around 300,000 people worked in the industry directly and another 500,000 indirectly. Located 540 kilometres from Chennai, Sivakasi is famous for its fireworks and crackers, along with printing and matches, but is almost a ghost town these days.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
New subsidiary to supply cars to Maruti Suzuki
Indian online retailers have been raising funds to expand and compete with bigger rival Amazon.com Inc as more Indians shop on the Internet.
Most Indian IT firms work as system integrators for Huawei and though the exposure is very less as of now, the potential is more due to 5G roll out. As pressure to keep the Chinese firm out of the 5G network grows, other global firms, including Japan's NEC, South Korea's Samsung, Finland's Nokia and Sweden's Ericssion are increasing their investments to grab more market share in the telecom sector.
The landmark civil nuclear deal sealed on Friday with Japan is strikingly similar to the agreements India has with the US and some other countries but contains some added features on safety and security, reflecting Japan's concerns on the issue.
'I have very little faith in economists who tell me that demonetisation will reduce growth.' 'The greater effect of demonetisation is if it creates changes in the financial services system and gets people to shift from cash.' 'The economy is not a trained monkey that will jump around if you lower rates.'
The announcement came late Monday evening - and broke the internet. Elon Musk, the world's richest man, had bought microblogging site Twitter for a neat $44 billion. The little blue bird, which is known to take on many avatars depending on the mood, leanings and interests of who it is chirping for, went into overdrive. While some Twitter users flooded the site with memes and humorous takes on the move, the deal also had a fair share of critics.
India was the second largest filer of international trademark applications among the BRICS nations in 2014.
Just over 22 minutes into the flight, the rocket put Astrosat into orbit at an altitude of 650 km above the earth
SBI said it provided credit to Orbital ATK Inc as part of a syndicated deal with other banks.
Kotak Mahindra Bank was the biggest gainer on both the indices, ending nearly 9 per cent higher following reports that Warren Buffett's Berkshire Hathaway Inc was planning to pick up stake in the private sector lender.
The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.
Pantech, South Korea's No.3 smartphone maker, has been under a debt-restructuring programme after suffering six consecutive quarters of losses.
According to an Assocham survey, the industry expects the Obama-Modi personal chemistry to be a high point of the forthcoming visit
'India is likely to do better than other emerging markets.'
Prime Minister Manmohan Singh has triggered a nationwide debate by urging India Inc to cap salaries for top executives.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
For Indian CEOs, the US, China and the UK are important markets.
The Confederation of Indian Industry is expanding its presence abroad in line with India Inc's rising global aspirations.
Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
Tata Ryerson, a 50:50 joint venture between Tata Steel and US-based Ryerson Inc, is investing Rs 120 crore (Rs 1.2 billion) for the Tata Motors' small car project at Singur.
Arora was hired in July to run a newly created unit called SoftBank Internet and Media Inc.
India Inc had cheered Donald Trump's decision to scrap TPP, but now there is a growing sense that it won't really lead to positive growth in trade with the US. Subhayan Chakraborty reports.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Brokerage Edelweiss Securities said if the NDA returns to power with a clear majority in line with exit polls, markets would rejoice the policy continuity.
A division bench of Chief Justice Subhash Reddy and Justice V M Pancholi also issued notices to the state and central governments.
The company has an estimated user base of 22.2 million in India.
Top Indian industrialist Ratan Tata has returned as a board member of East West Centre, a prominent American think tank.
Almost each of these companies has a different technology to show for the effectiveness against microbes.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
India's commitment to an open and plural security architecture attests to the fact that Asia's transition is a dynamic of both power & identity, says Zorawar Daulet Singh
The second day of the placement season at Indian Institute of Technology (IIT) - Madras on Tuesday saw e-commerce major Flipkart Internet Pvt Ltd recruiting 19 students - the highest offer so far this season.
InMobi helps companies target the users of phones.
The recall is the latest in a series of problems to hit Ranbaxy, which has had all its India factories stopped from sending drugs and ingredients to the United States.
Companies in China, South Korea and Indonesia pay 25 per cent tax, while those in Malaysia pay 24 per cent. Only Japan has a higher tax than India at 30.6 per cent. Hong Kong has the lowest corporate tax rate of 16.5 per cent while Singapore has 17 per cent rate and Thailand and Vietnam levy 20 per cent tax on companies.
Short-term gains are always unpredictable.
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