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German automotive company sets up India plant
German automotive major Continental AG has set up a Rs.2.2 billion ($50 million) greenfield plant here to manufacture electronic components for the booming automobile market of the sub-continent.
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Indian biotech sector grows by 20 percent
India's fledgling biotechnology sector posted $2.56 billion (Rs.103 billion) in revenue during 2007-08, registering 20 percent growth over the previous fiscal at $2.1 billion, an industry survey revealed. |
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BPO-IT growth dips as cost is high
In spite of being one of the favorite places for BPO and IT services, India may face challenges as new places have been discovering to do such business. |
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Tata Metaliks to invest Rs.750 Mn in sinter plant
Pig iron manufacturer Tata Metaliks will invest Rs.750 million over the next two years to construct a sinter plant at its Kharagpur unit, a top company official said here Wednesday. |
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NIF in search of young talent in entrepreneurship
Aiming at exploring the young talents in entrepreneurship, National Innovation Foundation (NIF) has invited students from all over the nation who are interested in proving their talent and have innovative ideas and products in hand. |
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M&A, PE investment halved in Indian IT, ITeS
As U.S. slowdown affects the global economy and currency woes disturb the markets, the IT sector also has taken the brunt. |
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EADS prefers HCL as a Tier1 supplier
European Aeronautics Defence and Space(EADS) opts for the Indian engineering service provider, HCL as its Tier1 supplier. |
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Sanra's acquisition to bring in more Animation
Sanra Software, a New Media technology company, sets for gaming ventures with a plan to make 2D and 3D animation movies. |
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Jharkhand cabinet clears rehabilitation policy
The Jharkhand cabinet Wednesday cleared the rehabilitation and resettlement (R&R) policy facilitating investors to acquire land to set up industries and providing for the compensation to the displaced people.
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Toshiba set up power boiler plant in Chennai
Japan headquartered, Toshiba, a manufacturer and marketer of electronic and electrical products, will come up with a $250 million (Rs.1000 crore) power boiler plant at Ennore, in the north of Chennai. |
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