In another example of the growing focus on security in the telecom sector, the Foreign Investment Promotion Board has asked whether US-based Verizon Wireless operates in Pakistan, while deferring its proposal for transfer of equity shares.
The Mumbai Metropolitan Region Development Authority on Tuesday received huge response for its Iconic Tower in Wadala (a Mumbai suburb) with Lodha Crown Buildmart Pvt Ltd quoting more than double the reserve price of Rs 40,000 per sq mt.
India to be an affluent society by 2039? The statement may raise many an eyebrow now but India 2039, an Affluent Society in One Generation, a book edited by Harinder S Kohli and Anil Sood and published by Sage Publication India Pvt Ltd stresses on such a possibility.
Star India Pvt. Ltd. was awarded the team sponsorship rights of the Indian team on Monday for a period of three years after Sahara's bid was declared ineligible by the BCCI in Chennai.
According to the Society of Indian Automobile Manufacturers' (Siam's) data, Ford India between April and June produced 6,752 cars, of which 219 units were exported, through containers in different shipments.
It will launch nine models in the next two years.
Hino Motors Corporation, a Toyota Group company, said on Monday it would launch luxury buses for Indian roads by December. The Indian arm, Hino Motors Sales India Pvt Ltd, has also set a target to sell 700-800 units of heavy trucks and buses before March 2010 and plans to double it by next year.
Volvo Cars is currently owned by US car major Ford, which is seeking to sell off the brand and Geely Auto, has emerged as a preferred buyer.
Nissan Motor Company on Friday said it has appointed Akira Sakurai as the managing director and CEO of Renault Nissan Automotive India Pvt Ltd (RNAIPL) and has made a few more changes in the management to establish itself as one of the major players in the country.
The luxury car maker plans to recruit 1,000 people next year; in five years, research staff had jumped from 700 to 3,500.
The final inspection will take place later this year following which the venue of the FIFA U-17 Women's World Cup India 2020 will be named.
The dollar index surged to multi-year high.
Bakshi had moved the application under Section 9 of the Conciliation and Arbitration Act, dealing with foreign arbitration and foreign tribunals.
With operations in Mumbai, Bangalore, Chennai, Hyderabad, Kolkata and Pune, Capgemini India offers its services across several verticals including retail, telecom, manufacturing, energy, utilities, finance and the public sector.
Fair trade regulator CCI has rejected allegations against Volkswagen.
The Supreme Court on Monday stayed the proceedings against auction portal eBay India Pvt Ltd and its chief Avinash Bajaj for allegedly permitting sale of an MMS clip showing two school students from a Delhi school indulging in a sexual act.
Asked if it is looking at the Maruti 800 and the Chevrolet Spark segment, Nigel E Wark, executive director, marketing, sales and service, Ford India, said: "Yes, we will be launching the small car in this segment broadly, but there are sub-segments and this is where we will differentiate ourselves. We will be competing in the largest volume segment. India and China are the two markets where small cars are in huge demand and we will be focusing on these countries."
This is the first time a state is asking for PAN card for two-wheelers
In an interview, Ravi Venkatesan, chairman Microsoft Corporation India Pvt. Ltd, spoke to rediff.comabout Gates, his insatiable curiosity and indomitable courage to take risks.
This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year
Isha was the custodian of the cash at the time it was being placed in the ATM.
One hundred thirty-six people were charged with rioting and murder in connection with the killing of the India head of the Italy based company, a senior police official said on Tuesday. Meanwhile, companies in the Greater Noida industrial area have increased the number of security guards following yesterday's incident.
Nirma Ltd informed the Bombay Stock Exchange that it would purchase Searles Valley Minerals Operations and Searles Valley Minerals Inc (collectively known as SVM) from US-based private investment firm Sun Capital Partners Inc and other minority shareholders. HSBC Securities and Capital Markets (India) Pvt Ltd advised Nirma on the acquisition of the natural soda ash manufacturer, while J P Morgan Securities Inc was advisor to SVM.
The proposals, approved by Finance Minister P Chidambaram on the recommendation of Foreign Investment Promotion Board, also included the offer from cement manufacturer Lafarge India for merger of Lafarge India Holding Pvt Ltd with Lafarge India Pvt Ltd, according to the finance ministry. The Lafarge's proposal was cleared as per the order of Bombay high court, a finance ministry statement said.
The Supreme Court on Friday cleared South Korean steel major Posco's plans to set up a Rs 51,000 crore (Rs 510 billion) mega steel plant and captive minor port in Paradeep, Orissa.A special environmental bench headed by Chief Justice K G Balakrishnan allowed Posco India Pvt Ltd, a subsidiary of Korea-based Posco, to go ahead with the project, for which an agreement was signed with Orissa government on June 22, 2005.
Qualcomm India, Pvt. Ltd's fourth Works@Work art exhibit which will open on March 13, 2008 at the Company's offices in the Bandra-Kurla Complex, Mumbai.
43 McDonald's outlets in New Delhi-National Capital Region were forced to down shutters following lapse of their eating-out or health licences in June.
The Andhra Pradesh government on Wednesday ratified the allotment of 40 acres of land to Cognizant Technology Solutions India Pvt Ltd and 75 acres to Tata Consultancy Services at Adibatla on the outskirts of Hyderabad
Are you planning to buy a flat in the near future? If yes, then should you wait for another 6-9 months given the global meltdown in financial markets?
India is significant to Microsoft from both a market perspective as well as from a talent perspective, says Microsoft head honcho.
Italian two-wheeler maker Ducati Motor Holding on Wednesday announced its foray into the Indian automobile market with the launch of five motorcycles, priced in the range of Rs 15 lakh to Rs 50 lakh.
The rights have been split across three categories -- a global television rights plus rest-of-world digital rights package, an Indian-subcontinent digital rights package, and a global consolidated rights package.
Credited with introducing eight new brands from the stable of the world's largest liquor maker Diageo Plc, Asif Adil, the managing director of its India subsidiary, Diageo India Pvt Ltd, has set himself a target of achieving a sales turnover of over Rs 4,000 crore (Rs 40 billion) in India in three years.
Sun Microsystems India Pvt Ltd and IT trainer NIIT said on Tuesday the companies will offer training in the growing Open Source Computing through Sun Solaris Training Programs.
The broadcaster had already signed up with cable operators, including Incable and Siticable and DTH service providers Tata Sky and Dish TV.
Dimensions Cybertech India Pvt. Ltd, a leading technology solutions provider, has announced comprehensive ERP solutions to revolutionise the way educational institutions and businesses incorporate IT into their business model.
Britain's clothing and food retailer Marks & Spencer will set up of a joint venture firm with Mukesh Ambani-led Reliance Retail at an investment of 29 million pounds (around Rs 230 crore) to mark its foray into India.The British company will hold a 51 per cent stake in the JV, to be named Marks and Spencer Reliance India Pvt Ltd, while the remaining will be with Reliance Retail.
The world's second largest retailer Carrefour on Tuesday said it will enter India's $330 billion retail market through the franchise route by 2009, for which it is talking to three potential local partners. The French firm, which has already made a soft launch of its cash and carry business, will keep its identity separate from the retail venture to conform with Indian laws.
The department of telecom has issued letters of intent to BT for national and international long distance services for offering managed services to corporate customers having sites in India.
GMR Infrastructure has awarded the contract for managing the automated parking management system at Hyderabad Airport to Malaysia-based Tenaga Group.