Spotlight

As the Indian economy continues to surge ahead, its power sector has been expanding concurrently to support the growth rate. The demand for power is growing exponentially and the scope for the growth of this sector is immense. The Centre has targeted capacity addition of 100,000 mega watt (MW) each in the 12th Five Year Plan (2012-17) and 13th Five Year Plan (2017-22), according to Mr Sushil Ku...

India retained its position as the most successful country among global offshore locations, according to a new study by Gartner Inc. Moreover, over the last decade, non-resident Indians (NRIs) have aggressively started looking at India as one of the safest and viable investment avenues. In addition, tracking the latest investment trends the private equity (PE) investors may invest nearly U...

India’s manufacturing sector expanded at its fastest pace in six months in November 2010. India’s purchasing managers’ index (PMI) compiled by HSBC Holdings and Markit Economics rose to 58.4 in November 2010 from 57.2 a month earlier. The order flow continued to improve, adding optimism to India's growth prospects for 2010. Significantly, according to a recently published 2010 Global Manufa...

The Indian automobile industry is witnessing a renewed growth with automobile sales touching a record high for the fourth time in a row in October 2010. The industry reported a growth of 45.9 per cent. The high scale movement is attributed to the festive season and the robust Indian economy, along with the numerous leading names in the automobile world, gearing up to enter India, the second-fas...

India is enjoying the global attention embarked on it as the developed countries make efforts to stabilise their respective economies. Various countries are coming forward to harness the potentials and to benefit from the positive investment climate of the Indian economy. The bilateral trade between India and Europe, which stood at US$ 74.5 billion in 2010, is likely to touch US$ 207.6 billion ...

The resilient Indian banks have improved their brand value rapidly. State Bank of India (SBI) has become the first Indian bank to be ranked among the Top 50 banks in the world, capturing the 36th rank, as per the Brand Finance study. The brand value of SBI increased from US$ 1.5 billion in 2009 to US$ 4.6 billion in 2010. Significantly, the Government has planned to invest US$ 3.63 billion...

India and the US have come a long way in terms of bilateral relations and trade. The arrival of US President Barack Obama on the festive eve of Diwali (November 5, 2010) in India, to attend the Business and Entrepreneurship Summit being organised by US-India Business Council (USIBC) in partnership with the US Department of Commerce and Confederation of Indian Industry (CII) in the Indian financ...

Stepping up the trend in the sustainable development, the Central Electricity Regulatory Commission (CERC) has taken an important regulatory initiative by reducing the threshold capacity for connecting the inter-state grid to 50 mega watt (MW) from 250 MW for the hydropower generating stations based on renewable sources of energy. Significantly, India's first geothermal plant is expected ...

The information technology (IT) companies in India have cemented their global footprints evidently with IT service providers such as Cognizant, Tata Consultancy Services Limited (TCS) and Infosys Technologies Limited among the first few as per the latest ranking of service providers in Europe, in a survey done by EquaTerra, an IT advisory service provider. Besides, the global retailers have bec...

The recent improvement in business sentiments on the back of increased demand in India is leading to more investments in popular segments of power, roads in the infrastructure sector. Continued thrust on public-private partnership (PPP), according to a study on corporate investments by the Reserve Bank of India (RBI), is another positive factor for stimulating investment, especially in power, t...