India's enterprise support industry set to boom: CII/ArcelorMittal to buy Russian steel major's coalmines/Indian firms look at investments in South Africa

Daily Dose |   February 01 2008

>> TOP NEWS India's enterprise support industry set to boom: CII CII Thursday said that India's enterprise product support services export would rise to $10.7 billion by 2012 from $1.4 billion now. ArcelorMittal to buy Russian steel major's coalmines Severstal, a leading Russian steel producer, said Thursday it had signed a $650 million deal with ArcelorMittal to sell two west Siberian coalmines to the world's largest steel company. Indian firms look at investments in South Africa Several Indian companies are in talks with South African authorities to explore possibilities of investment in metals and automotive projects at South Africa's Coega industrial development zone. >> TECHNOLOGY Kerala IT firm wins aviation award for its product Technopark headquartered IBS Software, a provider of IT solutions to the global travel, transportation and logistics industry, was declared the winner of the "Emerging Cargo IT Systems Provider of the Year" award. Haryana makes computer learning mandatory for its cops The Haryana police Thursday announced that computer education would be mandatory for all fresh recruits joining the state police force. >> BUSINESS Chennai to have footwear design studio A footwear design and component testing lab is to come up soon at the Footwear Component Park near Chennai to benefit small manufacturers who now send their products to Singapore for testing. Gulf Air to expand India operations After inking a bilateral civil aviation pact with India here, Bahrain's flagship carrier Gulf Air Thursday announced daily flights from Hyderabad and upgrading flight frequency to daily on its Kochi and Kolkata routes. >> VENTURE NEWS Future Capital's logistics fund slated for launch in March The financial services company of the Future Group, Future Capital Holdings, will launch its logistics fund in March. SKS Microfinance raises $37.3 Mn in Series C Hyderabad-based microfinance institution, SKS Microfinance has raised $37.3 million in its Series C funding. >> OTHER NEWS Tihar Jail to earn $1.5 Mn from pickles, biscuits South Asia's biggest prison, Tihar Jail, is making millions from the biscuits, pickles, pottery, furniture and other items made by its inmates. Countdown begins for Air India public inquiry report The countdown has begun for the final report by the Air India public inquiry commission. >> BLOGS 10 Things a Project Manager has to remember - Prasad S It is said that more than 50% of a project manager's time is spent in some aspect of communication. This includes meetings, status reporting, e-mails, and phone calls, coordinating.... 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 An inspiring approach to bridging the gap By Gururaj "Desh" Deshpande The author is Chairman, Sycamore Networks. SiliconIndia Books Vision, Values & Velocity Sam Pitroda "If you want to get it done, go do it. With one hand in fast-paced business, and the other...... Buy Now Spouse: The Truth About Marriage Shobhaa De, There's no such thing as a 'perfect marriage' or a 'perfect spouse'. Come on, get real! Marriage is a flawed institution, if you buy into that theory....... Buy Now Featured Mentor Swamy Swarna Dy.General Manager in Govt. of India

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