New Defense Minister Acts Quickly

Six times since the infamous Bofors scandal of the 1980s, India has cancelled the purchase and upgrade of its artillery. This is set to change. At his very first opportunity to chair the Defense Acquisition Council meeting, Manohar Parrikar issued orders for a Request for Proposal to be launched for 814 mounted-gun systems. The guns [...]

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter
Read Full Post

November 22, 2014   No Comments

Kudankulam Nuclear Plant to Begin Full Commercial Production in January

Commercial operations of the first 1,000 MW unit of the Kudankulam nuclear power project situated in the state of Tamil Nadu near the southern tip of India, are now likely to start by January 22, 2015, as an earlier deadline could not be met due to technical problems. Nuclear Power Corporation (NPC) had earlier planned [...]

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter
Read Full Post

November 21, 2014   No Comments

Students from India Pump in $3.3 billion into American economy

The Institute of International Studies (IIE) annually surveys data on foreign students in the U. S. higher education system. The survey, Open Doors, draws on data collected from approximately 3,000 U. S. colleges and universities. Indian students are a strong presence on U.S. campuses, contributing $3.3 billion to the U.S. economy IIE reports, using U.S. Department [...]

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter
Read Full Post

November 21, 2014   No Comments

Born in India: Chicken Maharajah Mac!

Adapting and making changes to suit a particular culture is one of the secrets to succeeding in new markets. Amit Jatia is the man responsible for McDonald’s phenomenal growth in the Indian market since the company first contacted him in 1994. His business has 174 McDonald’s across 17 cities in India and is counting. McDonald’s [...]

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter
Read Full Post

November 21, 2014   No Comments

Shell and Vodafone Win Transfer-Pricing Lawsuits in India

The Bombay High Court ruled in favor of the Indian unit of Royal Dutch Shell Plc, Europe’s largest oil producer, in a $1.4 billion tax dispute. The court set aside an order by the country’s tax department that sought to tax monies paid to transfer shares of the oil producer from its India unit to [...]

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter
Read Full Post

November 21, 2014   No Comments