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U.S. wants India to open financial sector more
Describing India-US relations as "very important to the growth and success of the global economy," a senior US official has asked New Delhi to go in for further financial sector liberalisation.
 
Caterpillar to invest $200 Mn in India facilities
Earthmoving equipment major Caterpillar, headquartered in the US, will invest $200 million to ramp up its Indian operations over the next four years, the company said here Thursday.
 
India replaces China as top exporter to Bangladesh
India has regained its position as the number one import source for Bangladesh, beating China, in the first nine months of the financial year ending June 30, official figures said.
 
The battle to be India's No. 1 - the bidder and the spoiler
One month into formal consolidation talks between Reliance Communications and South African telecom giant MTN, the estranged Ambani brothers have got into another round of power play.
 
Jaipur Hotel suite voted Asia's Leading Suite at World Travel awards
The Durbar Suite of the Raj Palace Hotel, Jaipur has been voted Asia's Leading Suite at the World Travel Awards ceremony at Shanghai.
 
Talent is the buzzword for Indian animation industry
Lack of skilled talent and big-budget projects are the main roadblocks for the Indian animation industry to sustain its robust growth that has seen its revenue multiply manifold to $306 million, experts maintain.
 
Ford to invest $500 Mn in India by 2010
Ford India, a wholly-owned subsidiary of global auto major Ford Motors, will invest $500 million to set up a small car production facility and an engine manufacturing unit in India by 2010.
 
Nokia Siemens to invest $75 Mn in Tamil Nadu
The Netherlands-based communication firm Nokia Siemens Networks B.V. will set up a Rs.3-billion plant at Oragadam near here.
 
STPI sops extension offset by another tax bug
A years respite the IT companies have got on the extension of tax sops for STPI units seems to be a bubble as proposed tax exemption from SEZ gives room to loopholes.
 
KPO sector to be worth $10 Bn by 2012: Assocham
The Indian Knowledge Process Outsourcing (KPO) industry is expected to be worth $10 billion by 2012, according to a report released Tuesday by the Associated Chambers of Commerce and Industry of India.
 
 
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