New Omani governate to encourage Indian investments
Indian firms will be encouraged to invest in the governorate of Buraimi in Oman, said India's Ambassador to Oman Anil Wadhwa.
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Christie's Hong Kong sale to feature 27 Indian works
Christie's spring 2008 sales of Asian contemporary art in Hong Kong May 24-25 will feature a selection of 27 significant works by Indian artists along with those of their counterparts from China, Japan and South Korea.
John Laing to set up first India office, bid for roads
British construction and maintenance giant John Laing is to open its first India office in order to beef up its presence in Asia.
Bank of India's net profit up 76 percent
Bank of India Friday announced a consolidated net profit of Rs.19.59 billion ($489.96 million) during the fiscal year 2008 compared to Rs.11.08 billion ($277 million) for the year ended March 31, 2007.
U.S. based IT firms outperform Indian peers
Revenues of IT companies have been growing at a healthy rate but U.S. based firms witnessed higher revenue growth than their Indian counterparts.
Lloyds TSB to transfer 250 jobs to India: British union
Britain's largest workers' union says a decision by Lloyds TSB (LTSB) bank to transfer work from cities across Britain to India will result in the loss of up to 445 jobs by the end of 2008.
Tata Motors launches eco-friendly Indica model
Tata Motors Friday launched a new dual fuel, eco-friendly model of its Indica range of vehicles.
Inflation hits new high, worries Chidambaram
With India's wholesale inflation, the weekly measure of price trends, rising to 7.83 percent for the week ended May 3, the government may take more steps to control prices.
Metso to make $28 Mn machine for Essar Steel
Leading mining solutions provider Metso Minerals Friday said that it will supply a Rs.1.12 billion ($28 million) iron ore machine to Essar Steel Holdings.
Microsoft to finally give software for low-cost laptops
After a long dispute, Microsoft has agreed to offer Windows for the computers of 'One Laptop Per Child' (OLPC) educational project for children in developing nations.
PE funds shy away from real estate sector
Private Equity (PE) funds are making a cautious retreat from the real estate sector thanks to an apparent slowdown in the sector.
Indian IT vendors looking to shop in Europe
As part of expanding their operations in Europe Indian IT majors will go there on a shopping spree this summer.
