Business

India ranks 77th in Economic Freedom Index: Report

Posted on November 18, 2008. Filed under: Business, Economy |

India’s ranking in the index, which scales prosperity of the whole society, is down by 8 notches to 77th

position among 141 countries

in 2006, with uneven pattern of economic reforms widening gap between the rich and the poor, a latest report says.
However, India fared better among the BRIC countries where China was ranked at [...]

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RIL among world’s 100 most respected cos

Posted on November 18, 2008. Filed under: Business, Economy |

Billionaire Mukesh Ambani-led Reliance industries  has made it to the annual list of world’s 100 most respected

companies compiled by

the Wall Street Journal , topped by US-based healthcare products major Johnson & Johnson.
Ranked 83rd, RIL is the only Indian company on the list, although there are three more companies led by persons [...]

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India 2nd best country for investment: Survey

Posted on November 18, 2008. Filed under: Business, World |

India is the second best country for business investment, a new survey of American corporate executives shows.

Conducted by Development Counsellors International every three years, the “Winning Strategies in Economic Development Marketing” survey has tracked trends in economic development since its inception in 1996.
This is the first year respondents were asked to rank the business favourability [...]

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Satyam eyeing acquisitions in Europe

Posted on November 11, 2008. Filed under: Business |

As part of its expansion plans in Europe, leading software major Satyam
Computer Services is mulling acquisitions in France, a top
company official said.
“We see fairly large opportunities and are looking at acquisitions of French companies to expand our operations,” Satyam’s Continental Europe Head, Peter Heij, told visiting journalists at the company’s Wiesbaden facility near Frankfurt recently.
The [...]

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Indian IT industry is safe: Nasscom

Posted on November 11, 2008. Filed under: Business |

India’s IT industry does not need to worry about the current economic
downturn as “we have a strong knowledge base” and the est
ablished market players
here would not be affected, a top industry body official said.
“We need not worry about the slowdown in the US economy. It is all a temporary phase and very soon, the US [...]

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Indra Nooyi wins leadership award for advancing diversity

Posted on November 11, 2008. Filed under: Business |

Indra K. Nooyi, India-born chairman and chief executive officer of PepsiCo, has been named the winner of the Chicago United 2008 Bridge Award honouring exemplary leadership in support of advancing diversity and inclusion. Nooyi will be presented the National Bridge Award at Chicago United’s Fifth Annual Changing Colour of Leadership Conference and 40th [...]

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Educomp acquires 51% stake in US-based Learning.com

Posted on May 20, 2008. Filed under: Business | Tags: |

E-learning solutions provider Educomp Solutions on Tuesday said that it has invested $24.5 million for acquiring 51 per cent stake in US-based Learning.com, a provider of web-enhanced instruction.
Educomp has acquired 51 per cent stake in Learning.com, the company said in a filing to the BSE, adding that it has invested a total of $24.5 million [...]

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Tata Chemicals announces successful closure of the acquisition of General Chemical Industrial Products (US)

Posted on March 28, 2008. Filed under: Business |

Tata Chemicals, part of the Tata Group, has today, [...]

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Jaguar is now an Indian beast

Posted on March 27, 2008. Filed under: Business | Tags: , , , , , |

So what if the Kohinoor diamond – once the ultimate symbol of Indian wealth and power – now resides with the Queen of England?
On Wednesday evening, icons of British luxury, Jaguar and Land Rover, passed into Indian hands for £1.15 billion ($2.3 billion).
(Watch: Tata acquires Jaguar, Land Rover)
The event was marked by a clinical note [...]

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