Other Briefings
Maha Ratna Proposal to Give Top State-Owned Companies More Autonomy
Sept. 2 – The government is considering awarding top state-owned companies the Maha Ratna status to give it more freedom to negotiate joint ventures, investments and grow capacity. “My ministry will seek cabinet approval for elevating some of the Nav Ratna companies owned by the government to the Maha Ratna status provided their net profit […]
Tata Indicom Introduces Innovative Fixed Pay Per Call Mobile Concept
Sept. 2 – Tata Indicom, the CDMA mobile service brand operated by Tata Teleservices, recently introduced an innovative concept that would charge clients a fixed rate on a per call basis instead of the current per minute billing. Mobile users availing of Tata Indicom’s services will be charged for every call they make regardless of […]
Gujarat to Become Wi-Fi Secure State
Aug. 31 – Gujarat is set to become the country’s first Wi-Fi secure state after it was found that most terrorist emails in bomb blast cases were sent via unsecured Wi-Fi connections. India’s Department of Telecommunications has already released new compliance requirements for Wi-Fi and ISP for public places, homes and other businesses. Elitcore Technologies […]
Nissan Relocates Supermini Car Production to India
Aug. 28 – Japanese automaker Nissan is relocating the production of its supermini, the Micra, to India from the United Kingdom beginning May 2010 as part of its plan to manufacture more models in the country. According to The Times of India, Nissan plans to invest about US$400 million in India as a way to […]
Infosys to Open IT Special Economic Zone
Aug. 27 – Top software company, Infosys, is scheduled to open an IT special economic zone (SEZ) soon located in Kerala’s capital of Thiruvananthapuramson. The SEZ is beside the Technopark IT campus and will have two buildings.”Each building has a capacity to seat 1,500 professionals. The first one will open shortly, some last bit of […]
Harley-Davidson to Enter Indian Market
Aug. 26 – Harley-Davidson has announced that it will enter the emerging Indian market with its range of elite cruiser motorcycles. The details of their model-range and pricing in India are still pending release. With the economic slowdown taking grip in its home country, U.S. companies are now looking at expanding their markets abroad. “Harley-Davidson […]
Toyota Looks to Benefit from Indo-Thai FTA
BANGALORE, Aug. 26 – Toyota Motors plans to utilize the proposed Indo – Thai free trade agreement to tag India as a hub for manufacturing its small size cars for export to the global market. While a few auto-parts already enjoy duty free status in India, the Indo- Thai FTA currently under negotiation is expected […]
FDI Proposal for the Airline Industry Now on Hold
Aug. 26 – A proposal made by the civil aviation ministry that would have allowed foreign carriers to buy a 25 percent stake in India’s local carriers have been put on hold due to security concerns. The proposal was made to give local carriers access to foreign funding after severe losses in the industry. Currently, […]
