The television business today contributes 7 per cent to Micromax's revenue and it posted a 70 per cent growth last year.
Russia has been grappling with sanctions slapped by the US and its allies over Moscow's invasion of Crimea.
India has been ranked a low 119 out of 130 countries on an index that measures business resilience.
TCS, Infy, Wipro among those that have bagged a five-year deal.
Indian auto and pharma industries import several critical components and raw materials from China.
Singh, who arrived in Moscow on a three-day visit on Tuesday at the invitation of the Russian Ministry of Defence to attend the 75th Anniversary of Victory Day Parade, said his visit to Moscow is the first foreign visit from India of an official delegation after the COVID-19 pandemic.
Criticising the strong reactions from India over China blocking its bid to enter NSG, a state-run daily on Monday said India is "still stuck" in the 1962 war mindset as it called for a more objective evaluation of Beijing's stand.
Power equipment supplier Bharat Heavy Electricals Ltd plans five joint ventures in the nuclear sector and locomotive manufacturing. The company has decided to invest Rs 1,000 crore in a castings and forgings joint venture, Chairman and Managing Director K Ravi Kumar said.
Non-proliferation specialists and non-government organisations have asked the foreign ministers of the Nuclear Suppliers Group to reject the US proposal to exempt India from long-standing global nuclear trade standards.
Under a 2010 nuclear liability law, nuclear equipment suppliers are liable for damages from an accident, which companies say is a sharp deviation from international norms
'When there is so much anxiety, the Government of India should assure people on the vaccine issue and help the states demanding more supply that they will be provided the required quantities.' 'Any Centre-state conflict at this point of time is counter-productive and enhances people's anxieties that should be avoided.'
Official sources said the two leaders will meet for around four to six hours for the 'agendaless' talks
Among India's capital-starved local banks, Essar is viewed as too big to fail.
The Melbourne-headquartered Generic Health markets generic prescription and over-the-counter products in the Australian market, in a partnership model with established global generic drug makers. The company sells approximately $500 million (nearly Rs 2,150 crore) worth of drugs in Australia, which has Rs 11,300 crore (A$3 billion) worth generics market. The total drug market in Australia is worth A$10 billion (Rs37,800 crore).
There were apprehensions in the SII about rival Bharat Biotech's 'indigenous' tag, opening up shortcuts for it. One senior person, who was very familiar with the sector, told me, 'The message has gone out from the very top. Somani (V G Somani -- drug controller general of India) has told me "Bharat ka karna hai".' A fascinating excerpt from Abantika Ghosh's Billions Under Lockdown: The Inside Story Of India's Fight Against COVID-19.
The global arms bazaar is no place for angels. If one is to judge by the plethora of well-documented cases of defence pay-offs around the world, corruption is an endemic part of the business. To some extent, this is understandable -- the orders for defence equipment tend to involve large sums of money, there are only a handful of suppliers for specific items, the buying process is buried deep in technical detail, the purchases are funded out of the public exchequer.
India has received a positive response from the Non-Aligned Movement countries, which are members of the International Atomic Energy Agency and the Nuclear Suppliers Group on the Indo-US nuclear deal after it briefed them on the safeguards agreement, which the global nuclear watchdog will consider on Friday.
Research and markets estimated in May that the global opportunity for small and mini satellites would grow nearly one and half times to $5.32 billion by 2021
Three Chinese journalists based in India representing the state-run Xinhua news agency were denied permission for extended stay in the country.
Health minister Nicola Roxon said on Monday that although no cases had yet surfaced in Australia, a case was likely to arise in coming days. However, president of the Pharmacy Guild Kos Sclavos said overseas travellers with prescriptions were driving demand because doctors appeared to be telling patients to travel with the drugs in case they fall ill with flu symptoms.
Idea Cellular, the GSM service provider of the Aditya Birla group, has roped in global telecom major Ericsson as equipment supplier for its GSM network in the Mumbai circle.
Ambani's holding group launched the Indian Super League, an elite competition of newly created teams, in 2014 with the aim of attracting investment and big global names, much like the Indian Premier League has in cricket. 'It was 100% a wasted opportunity'.
India is expected to have 100 million GSM (global system for mobile communications) customers by 2007-08 compared to 26 million subscribers as on March 2004, according to the Global Mobile Suppliers Association.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
In the final step to operationalise the India-United States nuclear agreement, American President George W Bush has sent the text of the landmark agreement to the US Congress for final approval.The move by the White House comes five days after the 45-member Nuclear Suppliers Group granted a waiver for India to carry out nuclear commerce.In a statement, the White House said it was transmitting the text of the agreement 'concerning peaceful uses of nuclear energy'.
The draft of the proposal for the India-specific exemption at the Nuclear Suppliers Group has undergone further changes which include a provision for regular information by its head about New Delhi's adherence to its guidelines on global atomic trade, a move aimed at pacifying countries having reservations over the waiver to India.
Auto component sourcing has touched $3 billion in India and is expected to double by next financial year-end. Such sourcing has provided Indian players with the opportunity to charge a premium that varies between 5 and 10 per cent.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
Not just from the likes of Alibaba and Didi Chuxing, Indian startups saw a surge in Chinese funding from financial investors in 2019. This is a seven-fold jump from $459 million in 2016.
Satyam is likely to see its clients as well as employees deserting it soon due to the competitive wooing by rivals and top IT firms like Infosys would continue to shore up their market share, analysts at Forrester Research said in a report. "Many employees told Forrester that it's too early to comment, but they will weigh their options almost on a daily basis," they added.
Observing that the economic recovery was not yet fully entrenched, the RBI Governor said recovery is likely to be gradual.
It was not all that bright on the industry front in Tamil Nadu, one of the major industrial hubs in the country, towards 2008-end in the wake of the global meltdown, though the state government's pro-active actions fetched it Rs 37,000-crore (Rs 370 billion) investment commitments in the year.
HCIL will voluntarily replace airbag inflators of 2,23,578 vehicles of previous generations of CR-V, Civic, City and Jazz.
The coronavirus outbreak began in Wuhan, capital of China's Hubei province, in December and has now spread across the globe. The Chinese authorities are trying to contain the epidemic while other countries, including India, are working on plans to evacuate their citizens from Wuhan and other cities in Hubei province, the epicentre of the outbreak.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
India's sourcing from China may not necessarily be for cost-effectiveness alone but also for the lack of domestic qualified bidders, technology or other know-how.
The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.
Lenovo, Xiaomi, Vivo, Gionee lead the onslaught, beating Indian and global brands with smart deals and astute image management measures.
German auto major Volkswagen AG is embarking on an auto component sourcing drive from India, which will see the company ordering materials worth one billion euro for its global operations, within the next two years.
