Honda Motor Co., world’s biggest manufacturer of motorcycles and engines and Japan’s No.3 car maker, is finally going to get its $4.5 million Honda Jet certified. Company is expecting to achieve at least a quarter of the world market for small business jets soon after delivering its first aircraft next year. Honda Jet will make […]
Montek Singh Ahulwalia, deputy chairman of the Planning Commission said that the finance ministry is planning to bring into action the fiscal consolidation in the up-coming annual budget.We have already told you that this year’s budget is expected to be presented during the 2nd week of March For those who are not familiar with the […]
Starbucks Corp, a Seattle-based chain through a tie-up with the TATA group, is planning to open its first coffee shops in India in August or September and aiming to have 50 outlets by year-end. Though the venture in India was planned a year ago, it wasn’t successful due to real estate acquisition and high land […]
ASSOCHAM, Associated Chambers of Commerce and Industry of India, an apex trade association pointed out that the aerospace and defence export industry of India has registered of about 18% growth in the first three quarters of the fiscal year in 2011-12 and likely to get USD 2 billion in the current fiscal. Where, aircraft exports […]
With all the prices increasing, when many of the commodities and enterprises are seeing a loss, gold on the other hand provided the best returns in the past five years. Standard & Poor’s GSCI Gold Total Return Index of The Bloomberg Riskless Return Ranking registered a 6.5% risk-adjusted return in the past five years. It […]
NTT Communications Corporation (NTT Com), a Tokyo based corporations, has acquired 74% stake in Netmagic Solutions Private Ltd an Indian data centre solutions provider Netmagic Solutions presently operates 7 data centers in major cities of India like Mumbai, Chennai, Noida (Delhi-NCR) and Bangalore and provides services such as collocation. It has been successful in managing […]
The inter-ministerial Board of Approval for Special Economic Zones allowed Tata Consultancy Services (TCS), an IT software major to set up IT/ITeS SEZ (Special Economic Zone) at Indore, Madhya Pradesh. Earlier, Videocon Realty & Infrastructure Ltd was also permitted to withdraw its proposal of 10 hectare – IT/ITeS SEZ at Jalpaiguri in West Bengal. The […]
High prices and increased interest rates are keeping consumers away. Even the real estate is experiencing a loss. Homes and plot sales have decreased a value of over 30% in Mumbai with the end of the quarter in December compared to the previous year. Weighted average prices have raised 30% from the previous peak of […]
