Energy research firm Mercom says India to install over 2,000 mw solar power capacity in 2015
Mumbai: Solar energy installations in India for 2015 would be over 2,000 megawatt (MW) driven by positive initiatives by state government and the push from Reserve Bank of India (RBI) for lending to the sector, according to Mercom Capital Group.
Israel’s Fruitarom buys Bengaluru co
Chennai: Israeli flavours and fragrances firm, Frutarom Industries, has acquired 60 per cent stake in privately held Bengaluru-based Sonarome Pvt Ltd for Rs 110 crore (US$ 17.27 million) in an all cash deal. The firm reserves the right to buy the remaining stake over the next two years, subject …read more
Indian IT captured quarter of top 100 outsourcing deals in 2014
India – Republic of Korea Joint Statement For Special Strategic Partnership
New Delhi: Mr Narendra Modi, Prime Minister of India and H E Mme Park Geun-hye, President of the Republic of Korea (ROK) held substantive discussions in areas of mutual interest. The two leaders welcomed the rapid expansion and diversification of bilateral ties in recent years and agreed to upgrade …read more
Twitter co-founder Biz Stone invests in Lookup
RBI’s forex reserves at all-time high of $352 bn
Mumbai: Foreign exchange (Forex) reserves of India has hit an all-time high of US$ 352.13 billion for the week ending May 8, 2015, recording a week-on-week growth of US$ 262.4 million, according to the data released by the Reserve bank of India (RBI).
HCL launches skill development arm
New Delhi: HCL Group has entered the skill and talent development market with the launch of HCL TalentCare. The new company will work with the government’s National Skill Development Corp.
IL&FS bags $1-billion funding from Industrial & Commercial Bank of China
Airtel launches 4G services in Chennai
New Delhi: Bharti Airtel Ltd, India’s largest communications service provider, has introduced 4G high-speed Internet services in Chennai.
Carnation Hotels to enter Tiruchirappalli (Trichy) by 2016
New Delhi: Carnation Hotels, the hotel management joint venture (JV) partner of Lemon Tree Hotels has signed an operating agreement for the groups’ first, managed Red Fox Hotel with N Krishnasamy and Sons.
