India drops in world competitiveness ranking
An annual survey on competitiveness of the countries across the world has put India at 29th place according to its ability to compete.
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News Spotlight:General | Business | Technology | Ventures | Weekend
Indian equities on a big upswing
Indian equities markets, which opened in the green Thursday, performed very well throughout the day and a key index climbed over 375 points, mirroring cues from other Asian markets.
Free MBA training to backward classes by Assocham
The Associated Chambers of Commerce and Industry of India (Assocham) Wednesday launched its own foundation to impart professional business management training to candidates from scheduled castes and scheduled tribes.
India Colombia trade target set at $2 Bn
India and Colombia have set a target to increase bilateral trade to $2 billion from the $650 million at present.
Percept plans expansion to raise Rs.15 Bn
Entertainment and media company Percept plans to raise Rs.15 billion through private equity, IPO and debt.
ICICI's VC pump-in under RBI lens
India's private bank ICICI's investments in ICICI Venture, which is the country's biggest private equity fund, has come under the scanner of Reserve Bank of India.
Sprout closes $5 Mn series-B led by Polaris Venture Partners
Sprout, the premier platform for creating, publishing and managing rich media Web content, has closed a $5 million Series B financing led by Polaris Venture Partners.
Bharti Airtel in final stages of merger talks with MTN
Bharti Airtel, India's largest telecom firm, Wednesday entered into final stages of merger talks with South Africa's largest telecom operator MTN in a deal that is estimated to be worth nearly $45 billion.
Finnair in talks with Indian airlines for partnership
Nordic airline Finnair is in talks with leading airlines in India for a partnership in order to strengthen its position in the local market there.
"No flying from new airport as long as old one is functional"
The Bangalore International Airport (BIAL), the developer of Bangalore's new greenfield airport, has told the central government that it is not feasible to operate the new airport if the existing one remains functional.
Globacom signs new contract with Alcatel-Lucent
Alcatel-Lucent has announced that it has signed a contract with Globacom (Glo), Nigeria's second largest national operator to extend the network capacity and performance of Globacom?s mobile and fixed networks.
Cable&Wireless signs 300 Mn pound deal with Aviva
Cable&Wireless -Europe, Asia and U.S. (EAU)- has announced it has signed a new six-year contract with Aviva, the world's fifth largest insurance group, worth 300 million pound.
