0012 IST, Thursday, July 24, 2014 
Business/Industry
'Africa is of immense importance to us'By Biswajit Choudhury
Africa's importance for Indian infrastructure conglomerate Jindal Steel and Power (JSPL) stems from the strengths in the two sectors creating strong synergy with the continent. |
India is Kohinoor in Zuckerberg’s Facebook CrownBy SHELLEY SINGH & CHAITALI CHAKRAVARTY/ The Economic Times
She’s the India head of a global firm that celebrates its 10th anniversary this week, and the company’s founder is a tech icon who says India is the next big thing for his business. She appears confident the Indian market can deliver what the boss wants. Kirthiga Reddy (42), Facebook’s India chief, says her challenge is to make Indian firms see Facebook as a mass media, not social media. |
'India to become international benchmark for CSR activities'By Jaideep Sarin
With a new law making it obligatory for India Inc to conduct Corporate Social Responsibility (CSR) activities, this could soon become a benchmark for others to emulate, a top functionary says. |
India set to become top automotive R&D hub: StudyBusiness Line
India has become an R&D hotbed and in keeping with the global R&D trend of last year, the country is now a preferred destination for automotive R&D, according to a study on the Global Top 500 R&D spenders done by Zinnov, a globalisation advisory and market expansion firm. |
Indian Rupee to be legal tender in Zimbabwe
Zimbabwe's central bank January 29 said it would add the Indian Rupee to the basket of currencies to be circulated in the country. |
Bharti Airtel recasts unprofitable Africa operationsBy Anandita Singh Mankotia/ The Economic Times
Bharti Airtel is restructuring its unprofitable African operations, from being run on the basis of linguistic and cultural similarities to clusters based on market position, two people with direct knowledge of the matter said. |
Call to correct India-Ghana trade imbalanceBy Francis Kokutse
Trade between India and Ghana may be growing but the increasing trade imbalance between the two countries needs to be corrected, Roger Angsomwine,Ghana's secretary to the cabinet, has said. |
'Mozambique can meet India's LNG needs'By Biswajit Choudhury
Mozambique, where hydrocarbon discoveries are drawing droves of foreign investors, is ready to satisfy India's natural gas needs, according to a minister from the southeast African nation. |
Top US award for India's biotech queen
Kiran Mazumdar-Shaw of the country's largest biotech research firm, Biocon Ltd, has been named winner of the 2014 Othmer Gold Medal, a top award of the US-based Chemical Heritage Foundation. |
Indian airlines clip fares to spread wingsBusiness Standard
Airlines have begun dropping fares in advance purchase offers, as the next two months are a lean season for travel. |
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. 
