Japanese car and pickup manufacturer Toyota is looking to sell 10.4 million vehicles in 2009 partly by significantly ramping up sales in India, China, Russia and Brazil. According to a story in Saturday’s Wall Street Journal, Toyota wants to quadruple sales in India to 200,000 vehicles by 2010. Toyota’s equally ambitious about the Chinese market, where […]
Some 31 odd years back, we watched Sholay for the first time in a small town in the hinterlands of south India. Sholay was like nothing we’d ever seen before. It had a fearsome villain who quickly became a household name, fine music, moving romance and above all non-stop action that kept us glued to […]
The New York Times has an interesting piece today on India’s growing appetite for military weapons. According to the NYT piece, India wants to spend a humongous amount of money on its military in the near future: Over the next five years, military analysts expect the country to spend as much as $40 billion on […]
With a population of 1.2 billion people, India has a lot of mouths to feed. A lot of mouths, indeed. India’s total foodgrain production target for 2007-2008 is 221.5 million tonnes, the country’s Minister of State for Agriculture Kanti Lal Bhuria told Rajya Sabha, the Upper House of Parliament on Friday. For pulses, the production […]
ArcelorMittal to buy German gas distributor Saar Ferngas AGÂ for $499m Wadias may buy out Danone stake in Britannia at a discount, according to Business Standard Dell profits up 46% in Q2; Revenues Rise 4.8% Microsoft buys group chat software company Parlano
Indian IT services providers Infosys and Wipro are reported to be slugging it out to acquire Bridgewater, New Jersey-based analytics firm MarketRx. According to ET, the valuation of MarketRx is $150 million-$160 million, about five times the start-up’s revenues. The 300-man company, which has offices in the U.S., Europe and India, provides analytics, market research and […]