Editor's Desk

Anand Automotive JV with Takata Corporation

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Major auto component maker, Anand Automotive Systems, has formed a joint venture with Japan-based Takata Corporation to manufacture airbags, seat belts and steering wheels in India for the domestic original equipment manufacturers (OEM). The two firms have formed a joint venture (JV) firm — Takata India Private (TIPL). It is presently setting up a unit … Read more Anand Automotive JV with Takata Corporation

TCS looks at tier-II and tier-III cities for future growth

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Major software services provider, Tata Consultancy Services (TCS), is planning to set its development centers in tier-II and tier-III cities such as Pune, Nagpur, Gandhinagar, Kochi and Chandigarh to drive its future growth in the domestic market. The centres in Pune and Gandhinagar are likely to be operational by the end of this year while … Read more TCS looks at tier-II and tier-III cities for future growth

Insurance companies sales hit hard in Nov : IRDA report

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As per the latest report by Insurance Regulatory Development Authority (IRDA), the country’s major private and public insurance companies have lost their market share in new business premiums. Largest public sector insurance company Life Insurance Corporation has managed to mitigate some of the losses in new business premium to 4% during November as against a … Read more Insurance companies sales hit hard in Nov : IRDA report

Indian exporters failing to compete Chinese on pricing front

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European and American buyers are asking Indian exporters to match the Chinese prices in wake of the global economic slowdown and resulting aggressive pricing policy adopted by China. Federation of Indian Chambers of Commerce and Industries – FICCI has found in a survey that Indian exporters are struggling to compete their Chinese counterparts on pricing … Read more Indian exporters failing to compete Chinese on pricing front

UAE’s National Bank chooses Nucleus Software’s FinnOne solution

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The leading global provider of integrated software products for banks and financial institutions — Nucleus Software Exports – has bagged an order form one of the leading financial institutions of U.A.E — National Bank of Umm Al Qaiwain. The deal is to provide the Bank with a comprehensive, powerful, and flexible system to support their … Read more UAE’s National Bank chooses Nucleus Software’s FinnOne solution

IVRCL Infra bags four major projects worth Rs 260.46 cr

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The Buildings and Industrial Structures (B&IS) and Water Divisions of IVRCL Infrastructures and projects have bagged major orders to the tune Rs 260.46 crore, the company informed in its announcement made to the BSE. The Bangalore Metro Rail Corporation placed two orders for setting up of four elevated metro stations for Bangalore Metro Rail Project. … Read more IVRCL Infra bags four major projects worth Rs 260.46 cr