Indian companies invest $10 Bn in U.S., create 30,000 jobs/IDR listing norms may be eased to attract foreign firms/Indian employees receive highest pay hike in 2007: Survey/ABB India's net profit spurts 44 percent in 2007

Daily Dose |   February 20 2008

>> TOP NEWS Indian companies invest $10 Bn in U.S., create 30,000 jobs Indian companies, with an investment of over $10 billion, were introduced to America as a growing and influential force employing tens of thousands of Americans. IDR listing norms may be eased to attract foreign firms Regulatory authorities are mulling changes in certain features of issuing Indian Depository Receipts. Indian employees receive highest pay hike in 2007: Survey ABB India's net profit spurts 44 percent in 2007 >> TECHNOLOGY What does the Semiconductor Industry portend for India? 'Incredible India' is not just the catch phrase of the Indian tourism industry. It is India now. Honeywell offers micro air vehicle to Indian Army American defence equipment manufacturer Honeywell has offered the Indian Army its latest micro air vehicle. Ranbaxy detaches its research and development unit DVRs to become the next battleground in DTH war >> BUSINESS Siva buys out Norwegian shipping company S Sivasankaran, an NRI Business tycoon, has acquired a Norwegian shipping firm JB Ugland Shipping (JBUS) for $300 million. Fortis Healthcare buys Chennai hospital for south India launch Fortis Healthcare and Oscar Investments on Tuesday completed acquiring 62.17 percent of the equity of Chennai-based Malar Hospitals. 3i Infotech to form joint venture with China's Yucheng Reliance Energy wins Mumbai Trans Harbour Link bid >> VENTURE NEWS ITL defers its proposed IPO for six months International Tractors, the manufacturer of Sonalika brand of tractors, has deferred its proposed initial public offering (IPO) for six months. Rural Electrification's public share offer fully subscribed The state-owned power sector lender Rural Electrification's IPO was subscribed 1.62 times over within an hour of the start of its book building process. Aloke Bajpai founded iXigo.com gets funding Agami Systems raises $45 Mn in series C financing >> OTHER NEWS Service tax refund extended for exporters The union Finance Ministry on Tuesday announced the extension of refund of service tax to exporters in three more services. Now, use your mobile phone as a credit card After being a camera, an FM radio, and an MP3 player, the mobile phones are now all set to play the role of a credit card. India, Brazil sign three pacts Britain to woo young Indians away from U.S. >> BLOGS Regarding transit through miami - Aravind Rajesh Recently we had some problem of transit of pharmaceutical bulk drugs through miami from india to colombia.actually the narcotics bureau in india asks us to furnish details of the shipments to the transit point..... MAGAZINE Cover Story Arasan Chip Systems, a builder of IP solutions and related services competes with established names in numerous vertical markets and comes up trumps. Guest Contributor Do not treat All your employees the Same By Sridhar Jayanthi The author is Vice President of Engineering and Head of India Operations, McAfee Featured Mentors Vaibhav Dange Managment,FICCI India Sanjay Subramanyam Consultant Video spotlight Rewards and Recogniton SiliconIndia Books The Life Tree: Poems A P J Abdul Kalam: In The Life Tree A.P.J. Abdul Kalam takes us on a walk, through anecdote and poetry, over the terrain of his life. Kalam's world...Buy Now Secrets of Yoga- Osho 'You are here, that much is certain. You are alert that you are here, that much is also certain. Now these two ingredients are enough.... Buy Now

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