India News

New Delhi, Nov 17(ANI): Union Commerce and Industry Minister Anand Sharma on Tuesday said that the country would be able to attract 50 billion dollars Foreign Direct Investment (FDI) annually from 2012.

New Delhi, Nov 17 (ANI): Traders from various countries participating at the 29th edition of India International Trade Fair are disappointed, as the sale had plummeted this year

Semi-conductors, ever since they were invented, have never stopped changing the world. And now they are altering the reading habits drastically.

New Delhi, Nov. 16 -- Shoppers Stop plans to open around 15 new stores over the next three years. The new stores would add around one million square feet space under its operation and take the company to five more cities. The company would spend close to Rs 250 crore for its expansion plans, wherein a major part of it would be sourced through internal accruals.

Mukesh Ambani managed Reliance Industries Ltd (RIL), which operates India?s biggest gas field, will finally be able to use its own gas being produced in the Krishna Godavari (KG) basin and sold at $4.2 (Rs 193) per unit.

The government could play an active role in bringing about consolidation among the public sector banks, in case they fail to take forward the process on their own.

Now you can own a Harley Davidson jacket, or a pair of sunglasses, even as you dream and save up for the real McCoy.

One of world's leading tyre companies Michelin Group on Monday announced a truck and bus radial tyre manufacturing plant, 50 km north of Chennai to be set up with an investment of Rs 4,000 crore. The plant will be spread over an area of 290 acres and will absorb 1,500 workers locally.

Finance minister Pranab Mukherjee on Monday blamed imperfections in the farm markets and presence of intermediaries for the high food prices in the country.

To strengthen the security of India?s offshore oil and gas installations and prevent sabotage and terrorist attacks on them, the government is planning to extend the ?safety zone? around the installations to 5 nautical miles (or 8 km) from the existing 500 metres.

The government on Monday said it will raise around Rs 30,000 crore through the disinvestment of stakes in navratna public sector undertakings Steel Authority of India Ltd (SAIL) and National Mineral Development Corporation (NMDC).

Reliance Communications (RCOM) on Monday announced launch of mVDO service that will allow its subscribers to watch, share, search and upload video on their mobile phones.

United Technologies Corporation (UTC), with revenues of Rs 274 lakh crore ($58.7 billion) in 2008 and having under its umbrella, iconic brands like Otis, Carrier, Sikorsky, Pratt & Whitney, Hamilton Sundstrand and UTC Power, is stepping up initiatives to grow its business in India.

New Delhi, Nov. 16 (ANI): Mining major NMDC and Steel Authority of India Ltd. (SAIL) today signed a Memorandum of Understanding (MoU) to develop a limestone project at Arki in Himachal Pradesh.

New Delhi, Nov.16 (ANI): "India Corporate Week" will be observed for the first time in the third week of December.

New Delhi, Nov. 16 (ANI): With the domestic timber market bleeding due to recession, Malaysian exporters are turning to India, a lucrative market with encouraging import trends.

Mumbai, Nov 16 (ANI/Business Wire India): Actis Technologies, India's leading and most trusted audio visual specialists, has launched its latest 'Crestron touchpanel controller' - the ultimate handheld remote system - the TPMC-3X.

Mumbai, Nov 16 (ANI): The Bombay Stock Exchange (BSE) benchmark index Sensex today crossed the 17,000 mark in early trade, tracking firm Asian markets.

New Delhi, Nov. 14 (ANI): Union Commerce and Industry Minister Anand Sharma on Saturday expressed optimism over Indian exports picking up by the end of this year.

Bangalore, Nov 13 (ANI/Business Wire India): To further the objective of being close and provide the best-in-class retail experience to customers, Toshiba India has added two more shop Toshiba retail outlets in Bangalore. Prior to this the company already had two shop Toshiba outlets in the Silicon Valley of India.