1406 IST, Saturday, October 26, 2013 
Business/Industry
Coke plans to make India among its top 5 marketsBy Anchal Kakroo / The Pioneer
Keeping in line with Coca Cola’s plan to invest $5 billion in its India operations till 2020, Guy Wollaert, Senior Vice Persident & Chief Technical Officer of the Atlanta- based beverage giant inaugurated Coca Cola India’s 58th manufacturing plant in the country on Thursday. |
Mobile economy to add $400 billion to India GDP: GSMA
India's mobile phone sector could contribute Rs.216 lakh crore ($400 billion) to India's gross domestic product (GDP), creating 4.1 million additional jobs by 2020, Anne Bouverot, director general of the Groupe Speciale Mobile Association (GSMA), said in Bangalore. |
India, Russia very close to clinching Kudankulam n-dealBy Ranjana Narayan
India and Russia are "very close" to clinching a commercial deal on the third and fourth reactors for the Kudankulam nuclear power plant in Tamil Nadu with only the legal vetting of the deal left to be done, said informed sources. |
Jubilant gets US FDA nod for anti-depressant drug
Leading pharma firm Jubilant Life Sciences received approval from the US Food and Drug Administration (FDA) for its anti-depressant drug Bupropion Hydrochloride, the company said in Bangalore. |
ASEAN seeks more air connectivity with IndiaBy Saroj Mohanty
Connectivity is the buzzword in Southeast Asia today and countries in the region are seeking greater air linkages with India to boost tourism and trade and bring the two regions closer together. |
India, Indonesia to explore CECA, defence co-productionBy Saroj Mohanty
India and Indonesia have deepened their strategic partnership by agreeing to expand their economic and security cooperation further in the areas of trade and investment, co-production in defence, nuclear energy and space application. |
Indian businessman backs Ghana's cricket developmentBy Francis Kokutse
When he arrived in Accra in 2001, Indian industrialist Akoliya Patel only wanted to mine for gold and diamonds that he is now doing across Africa. More than a decade later, he has also become Ghana's main financier to develop cricket in this West African nation of 25 million people that was a British colony till 1957. |
Belgium sees plenty of promise in Indian economyBy Tarun Basu
Indian business may have their reasons to despair about the state of the Indian economy, but the view from the 'capital of Europe' is decidedly different. Princess Astrid , the sister of present King Philippe, a strong supporter of India, is leading a large 350-strong business delegation to India next month, as Belgium remains upbeat about the potential and prospects of the Indian economy, say Indian officials.
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Cabinet approves OVL's Mozambique gas acquisitionsThe Hindu Business Line
The Cabinet Committee on Economic Affairs (CCEA) has given its nod to $5.1-billion worth acquisitions of ONGC Videsh Ltd (OVL) in Mozambique. |
'India-Africa $90 bn trade target by 2015 achievable'
The recently revised India-Africa bilateral trade target of $90 billion by 2015 is modest and achievable, Commerce Minister Anand Sharma has said. |
India has been one of the fastest growing free-market democracies in the world even in the wake of one of the worst economic crises in six decades. Its $1.2 trillion economy is expected to have grown 6-7 percent during the fiscal year ended March 31, 2009. This growth has come on the back of nearly 9 percent expansion over the past four years. 
