Intel Capital has announced an investment of $23 million (about Rs 1.15 billion) in three Indian companies -- Indiamart.com, One97 Communications and Global Talent Track. However, figures were not disclosed. The funding will come from the $250 million Intel Capital India technology fund. The fund invests in Indian technology companies to help stimulate local technology innovation.
Indian real estate industry, which is currently pegged at $16 billion, is witnessing increased interest from several international developers, primarily from the Middle-East, South-East Asia and Europe.
The United States has said that broad-based partnerships between America and India are critical and more important as compared to Pakistan, as New Delhi is growing as a potential power with global influence.
Kingfisher Airlines chairman Vijay Mallya on Tuesday said budget carrier Air Deccan has applied for permission to fly overseas from next year. "Air Deccan has sought government approval to fly overseas from next year. The company is looking for a licence to start flights to Middle East, South East Asia and the US," he said on the sidelines of the Fortune Global Forum in New Delhi.
Wockhardt Ltd has signed an In-licensing agreement with UK-based LSI to market Vitix, a drug used for treating pigmentation disorder.
The Women's Tennis Association, which has turned to Asia to grow its sport, is unclear how the International Tennis Premier League is going to pan out. 'We are still learning about it, just as the world and the media is,' said Melissa Pines, Vice-President, Asia-Pacific, on the sidelines of its new announcement to bring the season-ending BNP Paribas WTA Championships to South East Asia for the first time this year.
Sunder Ramachandran, managing partner at WCH Training Solutions learnt some important lessons in human resource management from a person who was laid off from a private equity firm that paid him $65,000 per annum.
Standard Chartered Bank on Monday announced key changes in the top management of its global positions.
IT.com 2004 seeks to be an interface between CEOs, CTOs, presidents, managers, IT professionals, delegates and visitors from USA, Europe, India and South East Asia.
For passengers booking a return ticket between India and Singapore from Tuesday, they would be charged $100 as fuel surcharge instead of the present $110 per sector. As a result, they would gain a total of $20 for their onward and return journeys, an airline spokesperson said.
National men's singles champion Arvind Bhat of Petroleum Sports Promotion Board was knocked out by beaten 19-21, 16-21 by unheralded Andhra Pradesh shuttler K Tanishaq in 40 minutes in the opening round of the second Tata Open All India Badminton Tournament at the CCI in Mumbai on Friday.
Matrix's new SIM offering promises less paperwork.
For instance, Tata Consultancy Services recently won a $200 million deal in Mexico, Wipro announced the opening of a development centre in Australia, and Infosys announced the setting up of 'The New Growth Engines' business unit in Latin America.
IT major Infosys Technologies announced on Tuesday that it was contributing Rs 5 crore (Rs 50 million) to the Prime Minister's National Relief Fund to assist the victims of tsunami that ravaged South and South East Asia early last Sunday. \n\n
Taxi passengers in Bangkok will soon be able to pay their fares with a credit card, making Thailand the first country in South East Asia to use the integrated system that comprises an automatic controller, handheld card reader, printer, meter and dis
Vardhan's elevation to the chairmanship of the 34-member World Health Organisation (WHO) Executive Board comes amid growing calls, including by United States President Donald Trump, to investigate how coronavirus originated in China's Wuhan city and subsequent action by Beijing.
The inaugural India-ASEAN Car Rally on Tuesday kicked off from the historic Judges field in Guwahati.
Indian tourists are getting adventurous and travelling to lesser known destinations.
Michael Pritchard's bottle uses a filter that can clean up any water including faecal matter making it a veritable boon in disaster-hit areas where clean drinking water is rare
The private IndusInd Bank plans to enter into strategic tie-ups with foreign banks in the US, UK and South East Asia for its expansion plans.
ICICI Bank is recruiting Relationship Managers-Private Banking.
Gold is an efficient hedging instrument against inflation.
Frustrated over delays in getting approvals for its Rs 52,000 crore (Rs 520 billion) steel project, South Korean steel giant Posco is reviewing its investment plans in India while looking at other options in South East Asia.
The visit will take place more than six months after the WHO's country office in China picked up a statement from the Wuhan Municipal Health Commission on cases of 'viral pneumonia'.
Millennium Telecom, a joint venture company of two telecom PSUs Mahanagar Telephone Nigam Limited and Bharat Sanchar Nigam Limited has floated a Rs 1,600-crore (Rs 16-billion) tender to lay a submarine cable between India and South East Asia, the landing station for which would be located in West Bengal. "The cable landing station for this cable would be set up at Digha in West Bengal," the department of telecommunication has informed the state government.
Mumbai-based pharmaceuticals player Wockhardt is set to strengthen its presence in South America
'In India, A3i is found mostly in southern India, and a few in Delhi. You don't see this strain much in, say, Gujarat or Maharashtra.'
Sports footwear and apparel company Adidas on its ninth year of operations in India, on Wednesday said the country would take over from Malaysia as the number one market for the company in South East Asia.
Driven by the huge cost advantage, Australia's specialty biscuit manufacturer UNIBIC is making Bangalore its production hub to cater to the markets in South-East Asia, the Middle East and to some extent the UK.
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