Other Briefings
Short Eats: June 10
Jun. 10 – Short Eats – a roundup of small tasty bites of Indian news straight from the nation’s dailies. Indian Winemaker sought by Asahi Breweries Indage Vintners India’s largest winemakers and home of the surprisingly good Chateau Indage range, is being sought by Japans Asahi Breweries in a potential US$150 million takeover. Asahi has […]
Tata to Push Land Rover as Premium Brand and Military Vehicle in India
Jun. 8 – Tata has announced aggressive marketing plans for the Land Rover brand in India, commencing initially with talks with India’s military over provision of the vehicle in defense contracts. The company had purchased Land Rover from Ford last year. Tata also announced plans to launch the consumer brand as an upmarket vehicle, starting […]
Short Eats: June 2
Jun. 2 – Short Eats – a roundup of small tasty bites of Indian news straight from the nation’s dailies. India sailing against recessionary wind India is showing an economic growth of 6.7 percent in this year of down turn (2008-09). Moreover the growth and the rise in the value of the rupee against the […]
Short Eats: May 25
May 25 – Short Eats – a roundup of small tasty bites of Indian news straight from the nation’s dailies. Banana Fiber a New Textile Commodity Weavers near Chennai have developed a new product made from Banana fiber, in association with the National Research Centre for Banana. The new textile is said to be suitable […]
India Releases New Anti-Competition Laws
By Vikas Srivastava May 25 – The Indian government has announced the changes to the Competition Act of India dealing with anti-competitive agreements and abuse of dominance. The details of how the changes affect Indian M&A have yet to be ratified, although it is expected to be brought into law later this year. To strengthen […]
Indian M&A Trends Report Out Now
May 25 – Cross-border business development agency, Dynamic Orbits, has released their April M&A Trends Overview for India. According to the report, the Indian economy is faring better than expected and appears to have largely absorbed the negative aspects of the global financial crisis, partially because exports account for just 18 percent of its GDP. […]
Nortel Opens Global Operations Center in Bangalore
May 18 – Nortel Networks opened its global network operations center in Bangalore to manage the networks of its carrier and enterprise customers in Europe, Asia and the Americas. This is the company’s fifth overseas network operations center. According to Suresh Kumar, Nortel Asia-Pacific vice president for managed service delivery, the company chose not to […]
India Cuts Tax Relief on Commercial Rentals
Apr. 24 – The Delhi High Court has announced that it would abolish service tax on commercial rentals, cutting central government earnings by Rs 8,000 crore annually. The regulation will help realtors, specially companies like retailers and call centers. Ernst & Young associate director Bipin Sapra told The Economic Times: “The high court order is […]
