Japanese manufacturing company Toshiba, targets the Indian market to contribute 8% to its global revenues. The company’s elevator making arm, seeks to achieve $125 million in revenues by 2015, from the country. The company aims to capture 10% of the premium market, with a targeted sales figure of 1,600 annually, says Mr Shinichiro Akiba, the […]
The final plans for the development of the domestic electric vehicle and hybrid vehicle (xEV) are likely to be disclosed in April, after over a year spent in discussions. The agenda for the last discussions, between the government, industry players and academia, aims to look at the creation of infrastructure and incentive strategies for buyers. […]
Reliance Communications registered themselves as the advisor for Stanchart and DBS for undersea cable unit Flag Telecom in Singapore which is a project of $ 1.5 billion (around Rs. 7, 500 crore). The IPO have involved RCOM selling as much as 75% stake for $1.5 billion in Flag Telecom, will be listed as a business […]
India’s Ariculture Minister, Sharad Pawar announced on Friday that, the production of wheat in the current fiscal 2011-12 has crossed the limit of 88. 31 million tons due to the favorable conditions this year. For this bumper production of wheat, the local farmers and traders are highly overwhelmed. And this year the international prices have […]
Global fuel prices are expected to go up, as Iran faces global sanctions due to its aggressive nuclear programme. Iran plays an important role in the supply of crude oil, rated as the second largest producer after Saudi Arabia. India, which is now Iran’s largest importer of crude, is in a sensitive position due to […]
In a bid to promote the National Manufacturing Policy (NMP), the government has given first priority to units in the proposed mega industrial district for environmental clearances. On top of that, procedures for green approval have been relaxed a bit, allowing individual units within proposed National Manufacturing and Investment Zones (NMIZs) to be exempted from […]
Lured into Mumbai with only a class X passport and RS 200, Prem Ganapathy had an inauspicious beginning to his journey as an entrepreneur, after being robbed of everything he had. Coming from a poor background, in Tamil Nadu’s Tuticorin district, Ganapathy had no choice but to abandon his dreams for higher studies, in order […]
Greenko Group, a listed company in the Alternative Investment Market of London Stock Exchange is ready to settle in India by setting up an electricity power plant in Maharashtra by May with the capacity to produce power from 220 MW to 385 MW. The Managing Director and CEO of the Greenko Company, Anil Chalamalasetty said […]
