Indians spent more on foreign investments during the past 12 months than they have since at least 2012.
The government on Tuesday said it will allow setting up of world-class foreign universities in Gandhinagar's GIFT City, free from domestic regulations, to facilitate availability of skilled manpower in the financial services space. In addition, an international arbitration centre will be set up in the GIFT City for timely settlement of disputes under international jurisprudence, Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2022-23. The centre could be on the lines of the Singapore International Arbitration Centre, or the London Commercial Arbitration Centre.
Leading auto maker Bajaj Auto on Monday said its technology ExhausTEC, which help improve performance of a two-wheeler, has been granted a patent by the Munich-headquartered European Patent Office.
The government has been in discussions to promote such international financial services centres within India as alternatives to places like Singapore.
The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.
The Gujarat International Finance Tec-City project in near-coma It was once seen as Gujarat Chief Minister Narendra Modi's reply to then counterpart Vilasrao Deshmukh's plans for a finance city in Mumbai.
It will be the first time that Israel will launch a satellite aboard an Indian rocket.
GIFT city has two components of development - domestic financial centre and international financial services centre.
Sonata has signed an agreement with TUI AG, Europe's leading tourism and shipping group, for acquiring majority stake in its 100 per cent subsidiary, TUI InfoTec.
Coruscant Tec, one of India's mobile solutions and content firms, has entered into an exclusive tie-up with Airtel to bring to its users M F Husain paintings on mobile phones.
The criteria for allowing companies to avail of this provision will include profitability, networth, paid-up capital, and turnover.
The new exchange will also help global companies raise finance from other overseas investors.
The project will see remote management of all the utilities from a single city command.
Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
Some of projects, especially in infrastructure, have seen quite a few unexpected delays.
Trading in other derivative products in currency, commodities expected to begin soon.
Blackberry is hoping that the pricing and the physical QWERTY keypad can turn out to be the peculiar traits to revive its fortunes in India.
Dempo Sports Club on Saturday announced a slew of initiatives aimed at further professionalising its operations and becoming a football powerhouse.
The use of technology is today indispensible in anti-terror and anti-crime scenarios. However, its misuse is what bothers its critics, writes Vicky Nanjappa
The Indian cricket board (BCCI) does not think the ball-tracking technology used in the Decision Review System (DRS) is reliable enough and has maintained opposition to its mandatory use.
The much-awaited hotline between the Prime Minister Dr Manmohan Singh and his Chinese counterpart Wen Jiabao finally became operational on Thursday, thereby setting up a direct communication between the leaders.
In an interview with George Joseph in Kochi, G-Tec chief executive officer Binu Sankar says the prosopsals are expected to be included in the new IT investment policy.
If you're a fresher looking for a job, check out these vacancies!
In a major initiative, the government is set to approve on Thursday a new policy to boost manufacturing by reducing compliance cost for the industry and making the labour laws flexible.
Quantum cryptography is based on the principle that you cannot make measurements of a quantum system without disturbing it.
The last three prime ministers who served full terms started out in their early 70s. Mr Modi is younger and fitter than all of them. But he needs to find it in him to change course if he is to beat the odds, notes T N Ninan.
Some international markets offer interest rates as low as one per cent, which could reduce the government's interest cost significantly.
GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people.
Grey market deals, which are viewed as a sign of market prosperity by investors, are done on the expectation that the shares will outperform the IPO process when they list on the market.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
According to a calculation by the government, India's airlines currently have 633 aircraft of which they may operate only 200.
New Formula One team Virgin Racing have been given permission to change their car's undersized fuel tank.
Gujarat Chief Minister Narendra Modi was the Chief Guest at the event.
The government may relax the Telecom Engineering Centre's recently finalised spectrum allocation criterion, the minimum subscriber limits that entitle mobile service operators to additional spectrum, radio frequencies that enable mobile communications.
'The air force has treated the Tejas like a step child.' 'The Tejas has grown in capability, but the IAF has preferred foreign fighters like the Rafale.'
Netcore offers the service 'MyToday' to 3.8 million mobile phone users in the country. Jain was the founder of IndiaWorld Communications, a small start-up, which was acquired in 1999 by IT major Sify Technologies for around Rs 500 crore (Rs 5 billion).
Why go in for green technologies if the political system conspires to ensure they're fat and inefficient?
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