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Interface opens the doors to the Awarehouse

Mumbai: InterfaceFLOR, a worldwide leader in the design and manufacture of stylish, high-performance carpet tiles, has today launched the Awarehouse – a stunning new state-of-the-art brand experience and learning centre for customers and partners in Europe, Middle East, Africa and India. Reflecting InterfaceFLOR’s heritage in design and sustainability, the Awarehouse has been created by transforming [...]

March 15, 2012No CommentRead More

Indus Towers’ sites turn Green in Mumbai

March 14, 2012 No Comment

Mumbai: Indus Towers Limited, the world’s largest telecom tower company rebranded Mumbai as a “GreenCity” under its national campaign – Indus Carbon Abatement Program. As a part of the company’s commitment towards environment and reduction in carbon footprint, ‘The Green City’ was conceptualized in early 2011. Indus Towers has so far converted over 6 cities across India as ‘Green’. Indus Tower’s strategy is [...]

B Thiagarajan elected President of RAMA

March 6, 2012 No Comment

B Thiagarajan, President, Airconditioning & Refrigeration Products Group, Blue Star Limited has been elected as the President of the Refrigeration and Airconditioning Manufacturers’ Association (RAMA) on February 24, 2012. This appointment is for a two-year period. RAMA is the apex forum of the industry leaders and representatives of major manufacturers including MNCs in the Refrigeration [...]

European Commission adopts action plan for sustainable growth

February 14, 2012 No Comment

(MVO News): The European Commission adopted an action plan to address the exponential increase in world. ”Innovation for sustainable growth: a bio-economy for Europe” is the name of the strategy developed in Brussels with the aim to “create a more innovative economy and lower emissions, reconciling the demands of an ‘agriculture and fisheries and food security with sustainable use of renewable [...]

IMF warns China against dramatic growth slump

February 6, 2012 No Comment

(MVO News): The International Monetary Fund (IMF) exerts a strong pressure on China to do more to intervene in resolving the euro crisis with investments in the debt-ridden countries. This year the organization expects in their outlook, with growth of only 8.25 percent. Previously, the IMF had predicted the country is still an increase of nine [...]

Wipro: Lot more needs to be done

November 2, 2011 No Comment

It was a surprise for me when India’s third-biggest IT exporter, Wipro posted better than expected numbers for the September 2011 quarter. In terms of statistics, Wipro posted a 5.5% sequential growth higher than its guidance of 2-4%. This was in line with its competitors TCS and Infosys to whom it had lagged earlier. Still, [...]

Madhya Pradesh ideal state for investment: CM

October 24, 2011 No Comment

Bhopal (Madhya Pradesh): In the presence of Chief Minister Shivraj Singh Chouhan, two MoUs for investment of Rs. 1638 crore in Madhya Pradesh were signed today. The first MoU of Rs. 1500 crore was signed between Kalyani Forge Limited and TRIFAC while another one of Rs. 138 crore was inked between Kesar Multi-logistics Limited and State Agriculture Marketing Board. On the [...]

Indian markets witnessed downward pressure

October 9, 2011 No Comment

I have no doubt in my mind that the Indian markets witness downward pressure for major portion of the week because of banking sector weakness and global concerns. And that is where, not much of a surprise that the Sensex dipped to a low of 15,746. Thankfully, it bounced on a sharp note in line [...]

Anil Ambani in trouble

September 30, 2011 No Comment

Reliance Communications drop quite a bit in Mumbai trading amid phone-license investigation. In terms of statistics, drop was in the range of 8 percent to 71.10 rupees. Point to be noted here is that it is the lowest intraday level since it started trading five years back. On the other hand, Reliance Capital Ltd witnesses [...]

Food and fuel inflation increases in India

September 29, 2011 No Comment

New Delhi: Taking into consideration the data of mid-September, one can safely say that the food and fuel inflation of India accelerated. This highlights the continuous high inflationary pressures that are being faced by the country. So be ready for the tightening of rates by Reserve Bank of India. Point to be noted here is [...]