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Tag Archives: Business and Economy

Sify partners Deutsche Telekom for IP, VPN services

Sify partners Deutsche Telekom for IP, VPN services

Sify Technologies, a leading firm in Enterprise Network and IT Services in India with global delivery capabilities and a pioneer in consumer internet services announced its their partnership with Deutsche… Read more »

SEZ exports in 2010-11 up by 43 pc

SEZ exports in 2010-11 up by 43 pc

The Minister of State for Commerce Jyotiraditya M. Scindia presented the EPCES Export Awards to EOUs and SEZ Units for Outstanding Export Performance for 2008-09, here recently. Speaking on the… Read more »

Govt to exit from Scooters India

Govt to exit from Scooters India

The Union Cabinet today approved to sell all it stakes in Scooters India through induction of a joint venture partner. It is has proposed to revive the company through induction… Read more »

Minissha Lamba caught red handed by Mumbai Customs

Minissha Lamba caught red handed by Mumbai Customs

The Mumbai airport Customs on Wednesday detained Bollywood actor Minissha Lamba with undeclared diamond jewellery worth around Rs 50 lakh. Lamba was detained while she was crossing the ‘green channel’… Read more »

Govt approves additional FDI in GMR Airports

Govt approves additional FDI in GMR Airports

The Cabinet Committee on Economic Affairs has approved the proposal of GMR Airports Holding Limited, Bangalore to receive further foreign direct investment of $ 200 million from Standard Chartered Private… Read more »

Indian chip design industry to touch $ 10.2 bn by 2012

Indian chip design industry to touch $ 10.2 bn by 2012

ISA, the apex trade body representing the Indian semiconductor industry released the ISA-DIT Study on semiconductor design, embedded software and services industry. The study was released by Kapil Sibal, the… Read more »

Compass Group acquires two Indian firms

Compass Group acquires two Indian firms

Compass Group, the world’s leading food services company, has announced the acquisition of two companies in India, Vipul Facility Management Private Limited (VFM), New Delhi and Ultimate Hospitality Services Private… Read more »

Meinhardt acquires India’s engineering services firm

Meinhardt acquires India’s engineering services firm

The Meinhardt Group, the global engineering, infrastructure and project management consultancy, has announced that it has acquired India-based Eigen Technical Services Pvt. Ltd., a leading provider of advanced engineering services… Read more »

ArcelorMittal signs a $6 bn 5 year revolving credit facility

ArcelorMittal signs a $6 bn 5 year revolving credit facility

ArcelorMittal signed a $ 6 billion 5 year Revolving Credit Facility (the “Facility”) on 18 March 2011, the company said in the release. The Facility will replace the € 5… Read more »

Land of 1.3 bn have just 20 mn broadband connections

Land of 1.3 bn have just 20 mn broadband connections

Department of Telecommunications has received the recommendations made by Telecom Regulatory Authority of India (TRAI) dated December 8, 2010 on ‘National Broadband Plan’ which inter-alia included setting up of National… Read more »

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