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Indian attraction for global PE players
(07/01/11) . With the single investment of $500 million in Indian steel pipe manufacturer Welspun group, the US-based Apollo Global Management has given a clear indication about the significance of India as an unavoidable destination for global private equity majors
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SAP’s India arm fastest growing within APAC
(07/01/11) . India will be the fastest growing region for the company with a 35 per cent growth year-on-year. Whereas the other two regions within APAC grew by 23 and 22.5 per cent . In terms of revenue India would be the second largest region for SAP within APAC
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Indian mobile handset market grows by 15 %
(07/01/11) . Revenues of the Indian mobile handset market grew by 15 per cent to touch Rs 33,171 crore in 2010-11 from Rs 28,897 crore a year back
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Wipro buys 80% stake in Brazilian cylinder maker
(05/23/11) . Bengalore: Wipro Limited has signed a definite agreement to acquire an 80 per cent stake in Brazilian hydraulic cylinder manufacturer RKM Equipamentos Hidráulicos for an undisclosed amount.
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Government wants to reduce export taxes
(05/23/11) . BRASILIA - Brazilian exports could be exonerated from social security contributions, according to the second tax reform proposal being drafted by the government.
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Essar Steel to double service centres
(05/23/11) . Mumbai: Essar Steel, the Mumbai-based steelmaker that is expanding its capacity to 10 million tonnes, will almost double its service centres in India to make more customer-friendly steel that would increase sales in the fast-growing local market.
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Antidumping Alert – Brazil
(05/23/11) . It is beginning in Brazil investigations of dumping practice on the imports of “coated flat-rolled iron or steel” from: Australia, China, India, Mexico and South Korea. Important information here.
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Defined requirements to import seeds from India to Brazil
(04/29/11) . The Brazilian Ministry of Agriculture, Livestock and Food Supply published this Wednesday, April 27, phytosanitary criteria to import mucuna seeds (Mucuna bracteata) produced in India.
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Nasscom sees strong spurt in tech demand
(04/29/11) . technology industry body National Association of Software and Services Companies (Nasscom) sees a strong revival of demand that could not only help meet, but even exceed, growth expectations for 2011-12.
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