Jan. 30 – After the U.S., France and Russia, Canada and the UK plan to sign nuclear deals with India. Officials from the nuclear power industry of the United Kingdom and Canada lead by their high-profile ministers – British secretary of state for business, enterprise and regulatory reform Peter Mandelson and Canadian minister of international Trade Stockwell Day were in India last week to discuss the nuclear deal.
Energy deficient India has indicated that it needs foreign economic assistance to achieve its aim of building 18-20 nuclear reactors worth an estimated US$27 billion. Industry insiders believe the country will need a total investment of US$150 billion over the next 15 years to help bridge an energy shortfall.
Happy Republic Day!! The 26th of January is celebrated as India’s Republic day and today marks the 60th Anniversary of adopting the constitution of India and India becoming a Sovereign, Democratic and Republic state. 
Jan. 23 – A good education and a highly paid job abroad once meant that that the Indian expatriate male was a prized catch. But once news of the downfall in the U.S. economy hit Indian shores, marriage offers to America based potential bridegrooms have plummeted.
Jan. 22 – Manchester United, the world famous British football club and current European Champions, have been looking for a new sponsors for their shirts since the global financial crisis meant that their current sponsor, the AIG Insurance group, is unlikely to renew their contract.
Jan. 22 – Coupled to the west, India based merger and acquisition deals dropped 33 percent in 2008. According to Grand Thornton who released their Deal Tracker report India witnessed 454 M&A deals valued at US$30.95 billion as against 676 deals with a value of US$51.11 billion in 2007. Similarly, private equity also fell by US$8 billion in 2008 to US$11 billion. As a result, the total value of 766 deals (M&A and PE) announced during 2008 was US$41.54 billion as against 1081 deals valued at US$70.14 billion in 2007.
