News HeadLines Monday, September 14, 2009
Top news
The fresh entrants in the Indian business environment, are a young bunch of confident women in the clutch of twenty something. Its no more the days when the sons of the business tycoons were the default trademark to make it big in business.
Microsoft's windows Vista was a flop. So corporate houses in India would rather wait for the reviews to come in before they start the costly process of upgrading their OS to Windows 7.
Technology
It took 20-30 years for wind and solar power, biomass to electricity, cleaner coal technologies and carbon capture to reach the mass market.
Facebook has launched a lighter version for customers who have low internet speed.
Business
Is India a good place to do business? The answer seems to be it is excellent in some areas and difficult in others. No wonder the Indian economy has risen in one global index of competitiveness and gone down in another on business climate.
India's business with Sweden is booming and bilateral trade is likely to double to $5 billion in five years, according to a report by the Confederation of Indian Industry (CII).
Finance
ICICIdirect.com, an online trading site in India has launched a new product on its site for currency derivatives.
Axis Bank's qualified institutional placement (QIP) cum global depository receipt (GDR) issue has opened for subscription today. The bank's QIP and GDR size is around $800 million to $1 billion while the issue is priced around Rs.903 per share.
No comments:
Post a Comment