Industries

Obama: America Has Roots in Gandhi’s India

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Oct. 2 – Indians around the world were given a pat on the back yesterday when U.S. President Barack Obama said on that America of today has its “roots in the India of Mahatma Gandhi.” Speaking at the International Day of Non-Violence, Obama said that Gandhi’s “teachings and ideals, shared with Martin Luther King Jr. […]

Kingfisher to Add More Routes

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Oct. 1 – Kingfisher Airlines, rapidly challenging Air India’s dominance in the aviation industry, has announced it will be adding new international routes from next year to its existing roster to Dubai, Hong Kong, Thailand, London and Singapore. Speaking to the media on the sidelines of the company’s 14th annual general meeting, Vijay Mallya, chairman […]

Pharmaceutical Exports Expand by 29 Percent for 2008-09

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Sept. 30 – India’s pharmaceutical and fine chemicals exports rose by 29 percent Rs 39,538 compared to the previous year, said Union Minister of Commerce and Industry, said Union Minister for Commerce and Industry, Anand Sharma during the inauguration of the Indo-Africa Pharma Business last week. The sector reported a compounded annual growth rate of […]

Air India Considers 15-Day Flight Suspension Due to Protests

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Sept. 29 – State-owned Air India may consider suspending airline operations for 15 days after protests over pay issues reached a standstill. The Economic Times reported that about 40 Air India flights were canceled on Saturday when scores of executive pilots reported sick in protest of the airline’s decision to cut performance incentives by 50 […]

India Successfully Launches 7 Satellites

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Sept. 24 – India has successfully launched seven satellites from a single rocket from the Sriharikota space center located in eastern India. The rocket took 20 minutes to launch one big satellite and six small rockets into space.The bigger satellite will be used to track fishing zones and ocean surface in the country as well […]

Indian Domestic Air Traffic Up 26% in August

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Sept. 15 – Over 3.6 million passengers took to the skies across India last month in a 26 percent increase from the same period last year. According to the Times of India, this is the first time in 12 months that double digit growth has been recorded as all preceding months had seen decreases in […]

Wal-Mart Private Label Launched in India

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Sept. 11- Bharti Retail has launched eight Wal-Mart private labels, including two of its largest, the ‘Great Value’ line of food and ‘George’ line of clothing, in its supermarket chain Easyday reports The Economic Times. The private store brands offer international design and packaging for the more discerning buyer at a lower cost. This is […]

Mercedes-Benz to Offer Localized Trucks

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Sept. 11 – Mercedes-Benz’s Indian arm, Daimler India Commercial Vehicles, is tapping into the high potential of the Indian market by launching a localized range of small trucks by 2012 from its Chennai plant. Wilfried Aulbur, Mercedes-Benz India managing director and CEO, announced this after the launch of the Actros 4841K range of new trucks […]

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