Thursday, March 20, 2008

Indians abroad send $27 Bn home to make India top receiver /Special economic zones secure $16 Bn investment/EU-India trade up by $13 Bn in 2007/Software exports may grow 33 percent in FY08

SiliconIndia  
Daily Dose |
  March 20 2008
>> TOP NEWS
Indians abroad send $27 Bn home to make India top receiver
An estimated 5.7 million Indian workers abroad sent home $27 billion in 2007 to make India the top receiver of migrant remittances while the U.S was the main remittance source.
Special economic zones secure $16 Bn investment
Investments of Rs.673 billion ($16 billion) have been made in the newly notified special economic zones (SEZs).
EU-India trade up by $13 Bn in 2007
Software exports may grow 33 percent in FY08
>> TECHNOLOGY
DoT's 3G signal allows telcos to bid for 2 blocks
Rejecting telecom regulator TRAI's recommendation to allow each GSM operator to bid only for five MHz of 3G spectrum, DoT has said that all players can bid for up to 10 MHz of 3G spectrum.
TCS acquires more space at Gandhinagar IT park
Tata Consultancy Services (TCS) has taken up more space in an infotech park near this Gujarat capital, it was announced on Wednesday.
MEL to use NetApp storage systems for High End Projects
Conclave on nano-technology in Tamil Nadu
>> BUSINESS
Ford to invest $500 Mn for expanding India operations
Global auto major Ford Motor Company (FMC) will invest an additional $500 million over the next two years to expand its Indian operations for manufacturing small car and components.
NetJets enters Indian market
Warren Buffet-promoted private jet company NetJets is entering India to tap the fast-growing market here, said its executive vice president Graeme Weston.
Diamond Power Infrastructure bags $15.5 Mn contract
India, Africa should maximise trade potential: experts
>> VENTURE NEWS
CIAL to float $625 Mn IPO
Cochin International Airport (CIAL) plans to raise Rs 2,500 crore $625 million via an initial public offer slated anytime between April and December 2009.
Merrill pumps in $75 Mn into logistics JV
Wealth management firm Merrill Lynch has invested close to Rs 300 crore ($75 million) to set up a joint venture company with the DRS Group.
Visa public offer raises record $17.9 Bn
>> OTHER NEWS
Wharton India Economic forum to define 'global Indian'
Former Indian president A.P.J. Abdul Kalam and venture capitalist Vinod Dham, considered the father of the Intel Pentium microprocessor, will be keynote speakers at this year's Wharton India Economic Forum.
Husain tops Sotheby's spring sales of Indian art
M.F. Husain's untitled work has fetched $409,000, dominating the Sotheby's New York spring sales of Indian art.
India offers huge potential to take Six Sigma advantage
U.S. court asks India to pay tax for New York property
>> BLOGS
Reduce Accidents - Jennifer Isaac
Yes, everyday we read about ACCIDENTS, Is there no solution to it? If yes, then what is it and why it is not being implemented?Where are the Road Safety Measures? We all analyse how it happened.....
MAGAZINE
Cover Story
Kirusa with its patented Voice SMS software is already making waves in this booming global mobile telephony market across various geographies.
Guest Contributor
Ready, Willing, and Enabled
Neelam Dhawan
The author is Managing Director, Microsoft India
Featured Mentors
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Vice President, AskMe
ashok George
Business Head, Hero Mindmine
Video spotlight
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