Other Briefings
India’s Policy on Renaming States, Cities: Orissa is now Odisha
An op-ed on the name change of cities and states in India. The views expressed here belong to the author alone.
Communications are Key to India Cross-Border Success
By Mark Hannant MUMBAI, Oct. 23 – Macro-economic trends currently favor Indian businesses looking to grow internationally and focusing on their communications is one area where they can improve their chances of success. Much ink is spilt writing about the difficulty of creating value through merger and acquisition (M&A) activity. Over half of deals fail […]
India Think Tank Forecasts 6.5 Percent Growth
Oct. 23 – The Prime Minister’s Economic Advisory Council has made an official forecast that pegs India’s growth for 2009-10 at 6.5 percent backed by the strength of its industrial sector. The think tank, led by former Reserve Bank of India governor C Rangarajan, said the government needs be careful of inflation and fiscal deficit. […]
India Set for Record Cotton Harvest
Oct. 22 – Indian exports of cotton next year are expected to reach some 6.5million bales as the country’s cotton farmers celebrate a better than expected harvest. This is a huge increase over exports this year, which are expected to come in at 3.2 million bales (170 kilograms of cotton per bale). This comes at […]
Diwali Retail Sales Up 40 Percent
Oct. 22 – Like China’s government instituted “Golden Weeks” during national holidays, India is beginning to push domestic spending during holidays as a way of bolstering the economy. Last week’s Diwali Festival spurred an increase in retail of some 40 percent over the corresponding time last year, in another signal that the “feel good” factor […]
India Jewelry Exports Shine in Global Economic Recovery
Oct. 22- The signs of global economic recovery have given new life to the Indian diamond processing industry, with exports orders rising sharply by 20 percent as retailers gear up for the Christmas and New Year holidays, according to Business Standard. Consumer demand for precious jewelry is signaling a rebound in the economy and supporting […]
India’s Tata Motors Takes Control of Spain’s Hispano
Oct. 22 – Tata Motors has taken full control of Spanish bus and coach manufacturer, Hispano Carrocera S.A., by acquiring a 79 percent stake in the firm. The Indian vehicle company already holds a 21 percent stake in Hispano, which it bought in 2005 for around US$700 million. “Tata Motors has acquired the remaining 79 […]
Coke Wins in Landmark Indian Trademark Case
Oct. 22 – The Delhi High Court has asked the Indian conglomerate Bisleri International to halt the sale of their mango-flavored soft drink under the trade name Maaza in India, giving Coca-Cola a victory in a trademark case. The issue has been fought for more than a year now with the Delhi High Court allowing […]
