Investment Trusts for Real Estate to open up soon

According to an article on the National Association of Real Estate Investment Trusts (NAREIT), with the latest news from India, 31 countries now have REIT regimes in place, a group that includes both developed markets and developing economies.  Remarkably, a decade ago there were only a dozen countries with REIT legislation, and just over 20 [...]

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October 23, 2014   No Comments

Standard & Poor’s Upgrades India Credit

Standard and Poor’s raised the outlook for India’s “BBB-minus” rating to “stable” saying the country’s government mandate and improved political setting offered a conducive environment for reforms. Reuters quoted Radhika Rao, Economist at DBS Singapore’s reaction “The S&P rating outlook revision is an affirmation of the economy’s growth prospects, macro stability and lower vulnerability of [...]

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October 23, 2014   No Comments

Valvoline adds R&D and training center to its manufacturing location

Valvoline Cummins Ltd. (VCL), a joint venture between Ashland Inc. and Cummins India Limited, opened a center for R&D and Product Development along with a training facility at its Ambernath plant, close to Mumbai according to Dr. Frances E. Lockwood, Senior Vice-President and Global Chief Technology Officer, Ashland Consumer markets. The new R&D facility services [...]

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September 18, 2014   No Comments

WABCO opens second Application Engineering Center in India

Maker of brake systems for commercial vehicles, WABCO  has  opened a new Application Engineering Center in Pune, the supplier’s second such facility in India. The new center will allow WABCO’s team of application and test engineers to work closely with global commercial vehicle manufacturers in India to jointly develop customized products and solutions across a broad range [...]

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September 18, 2014   No Comments

Ohio State advises AIMS on regenerative medicine.

India’s top public healthcare establishment, the All India Institute of Medical Sciences (AIIMS) in Delhi, is in talks with Ohio State University (OSU) to set up the country’s first comprehensive regenerative medicine facility. Regenerative medicine deals with the process of creating living, functional tissues to repair or replace tissue or organ function lost due to age, disease, [...]

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September 18, 2014   No Comments