Daimler to invest $969 mln in India truck unit (Reuters via Yahoo! Asia News)
MUMBAI, March 18 (Reuters) – Daimler AG’s India unit said it planned to invest 44 billion rupees ($969 million) over the next five years on its truck making facility in the southern Indian city of Chennai.
Indian film industry hit by losses (Straits Times)
MUMBAI – INDIA’S film industry revenues declined by nearly 14 per cent last year, hit by a damaging producers’ strike, swine flu fears and poor quality content, according to a study published Tuesday. The sector was worth 89.3 billion rupees (S$2.72 billion dollars) in 2009, down from 104.4 billion in the previous 12 months, consultancy KPMG said in a report for the Federation of Indian Chambers …
Canadian universities line up for India (New Kerala)
By Gurmukh Singh, Toronto, March 18 : Many Canadian universities and colleges are likely to enter India after the Indian parliament passes a bill to allow foreign educational institutions to set up independent campuses in the country.
India troubled by Pakistani terror threats (UPI)
NEW DELHI, March 17 (UPI) — Pakistan isn’t taking the steps needed to curb the activity of militants targeting neighboring India, the Indian defense minister said Wednesday.
Chicago man accused of scouting Mumbai, India, before terror attack expected to plead guilty (Minneapolis-St. Paul Star Tribune)
CHICAGO – A Chicago man accused of helping scout out the Indian city of Mumbai before the 2008 terrorist attack that left 166 people dead is expected to plead guilty Thursday to federal charges.
Indian shares provisionally close up 0.25 pct (Reuters via Yahoo! Malaysia News)
MUMBAI, March 18 (Reuters) – Indian shares provisionally ended up 0.25 percent on Thursday, after Standard & Poor’s revised India’s rating outlook to stable.
Vijender leads Indian charge at C’wealth Boxing (rediff.com)
World number one Vijender Singh (75kg) fought through a bleeding nose to clinch his first international gold medal in two years as Indian pugilists made a clean sweep in the finals to win the overall team title at the fifth Commonwealth Boxing Championships in New Delhi.
Canadian universities line up for India (Sify News)
Many Canadian universities and colleges are likely to enter India after the Indian parliament passes a bill to allow foreign educational institutions to set up independent campuses in the country.
India a terrific example for Africa: Togo PM (New Kerala)
By Manish Chand, New Delhi, March 18 : Togo’s Prime Minister Gilbert Fossoun Houngbo says Africa is increasingly looking at India as a knowledge power and believes Indian enterprises should scale up investment in the West African country.
(AFX UK Focus) 2010-03-18 11:25 Daimler to invest $969 mln in India truck unit (Interactive Investor)
MUMBAI, March 18 (Reuters) – Daimler AG’s India unit said it planned to invest 44 billion rupees ($969 million) over the next five years on its truck making facility in the southern Indian city of Chennai. Daimler India Commercial Vehicles Pvt Ltd unveiled on Thursday a test track for the trucks it planned to start producing from the middle of 2012, it said in a statement. The company will make …
