Ford to invest $500 Mn in India by 2010 Ford India, a wholly-owned subsidiary of global auto major Ford Motors, will invest $500 million to set up a small car production facility and an engine manufacturing unit in India by 2010.
STPI sops extension offset by another tax bug A years respite the IT companies have got on the extension of tax sops for STPI units seems to be a bubble as proposed tax exemption from SEZ gives room to loopholes.
KPO sector to be worth $10 Bn by 2012: Assocham The Indian Knowledge Process Outsourcing (KPO) industry is expected to be worth $10 billion by 2012, according to a report released Tuesday by the Associated Chambers of Commerce and Industry of India.
Atlantic route to boost India-Canada trade: minister Canadian Defence Minister Peter MacKay has made a strong pitch for routing India-Canada trade via the Atlantic Gateway on its east coast as it offered deep, ice-free ports for large cargo.
Center plans 43 new IT cities As rising cost of infrastructure and employees in big cities started threatening the Indian IT industry, the government has announced its plan to develop 43 new IT cities in the country.
$30 Bn FDI money to flow into realty in 10 years An Assocham study said that foreign Direct Investment (FDI) worth 30 billion dollars is expected to flow into the domestic real estate market in the next 10 years.
Lehman to invest $175 Mn in Unitech's Mumbai project A high profile project being developed by Unitech in Mumbai on the lines of Canary Wharf in London and Battery Park in New York will now have Lehman Brothers Real Estate Developers as a 50-percent partner with an investment of $175 million.
Andhra sets up trust to guarantee enterpreneurs' credits The Andhra Pradesh government Friday announced setting up of a trust to provide collateral security for loans to entrepreneurs belonging to the Scheduled Castes (SC) and the Scheduled Tribes (ST).
