Due to the recent faulty disinvestment programme and prospects of missing out on fresh mop-up from sale of spectrum, a huge gap of Rs.50,000 crores is been created in the country accounts to which the govt. is looking to fill up .

Indian tyre manufacturing company MRF pioneered  Indian manufacturers list with it’s annual turnover over Rs 10,000 crore. It also announced plans to acquire plantations or companies abroad to neutralize the impact of high import duty on rubber.

There was a big rise in Indian Exports. India’s August exports rose 44.25 per cent to $24.3 billion from a year earlier, while imports for the month rose 41.82 per cent to $38.4 billion, leaving a trade deficit of $14 billion.

The Honda Motor Corp has commenced it’s work at a new plant established in Karnataka. In the state after Japanese car major Toyota, and Swedish bus manufacturer, Volvo. Honda Motorcycle & Scooter India (HSMI) a whollyowned subsidiary of Honda Motor Company, Japan, has begun work in setting up of its 3rd manufacturing facility in India, [...]

The technology,outsourcing and consulting company Accenture Pvt. Ltd. Co. forecasted a strong year ahead, in it’s quaterly results; allaying fears of an industry-wide slowdown triggered by a slowing US economy and debt crisis in Europe.

The Yum! Brands, parent of the KFC, Pizza Hut and Taco Bell chains, whose Indian opertions gained profits this year for the first time since it entered the country way back in 1995. The Kentucky-based food giant is targeting a billion dollar revenue from the local market within the next four years, with KFC outlets, [...]

Stera Technologies,the Finland Based company which specializes in production of mechanical and electronic assemblies, inaugurated its factory in Chennai on Tuesday. The factory, set up at a cost of 3 million euros (around $4 million), is its first in India.

Telenor, the Norwegian telecom giant, has started a process to raise up to Rs 8,000 crore as funds in its Indian joint venture with real estate developer Unitech, Uninor. The JV Unitech Wireless wants to raise cash through a combination of rights issue and debt even though the local partner remains non-committal on equity investments.

Pharmaceutical companies is now devising strategies to counter the impact it received from loss in patent deals. Recent deals by pharma biggie Pfizer with domestic generic firm Dr Reddy’s and globally with Watson and Sanofi in France have been struck to stem revenue erosion as the world’s largest selling drug, Lipitor, loses patent protection in [...]

The Air France-KLM headed SkyTeam is looking for an alliance in India. The Aviation Ministry sources have said that they are in talks with SkyTeam for taking AI on board, the Air France-KLM combine said it is open for partnership with both full service and low-cost Indian carriers.
The Skyteam are in talks with many Indian [...]