GREEN BUILDINGS TO CHANGE INDIA’S SKYLINE BY 2010

There will be over 1,000 green buildings dotting the Indian skyline by 2010 saving energy and environment. Already 375 buildings are under construction. Indian industry will also be a key player in the $40-billion green building material business in the world. There will be over 50,000 accredited green professionals in the country to make India a leading player in green building business and technologies.

The Financial Express

INDIA, EU TO COOPERATE IN R&D IN NUCLEAR AND FUSION ENERGY

India and EU decided to co-operate in civil nuclear research and development and enhance exchanges in the field of fusion energy research. The two sides agreed to cooperate in "civil nuclear research and development in a manner consistent with their international obligations," the India-EU Joint Action Plan issued at the end of the ninth India-European Union Summit..

The Economic Times

PROFIT-FOCUSED INFOSYS NOW LOOKS TO GROWTH

In a significant change of strategy, India’s second largest software services firm Infosys Technologies Ltd has said it will focus on growth, even if this means lower profitability — a reflection of a tougher business environment where Indian software firms are finding it harder to grow, and a contrarian play for a company that has sometimes walked away from deals that would have meant lower profitability.

MINT

Morgan Stanley Seeks Piece of India Growth

Morgan Stanley is building a private-equity presence in India, the latest example of foreign investors gearing up for the chance to plow large sums into the country's growth story. The Wall Street firm said it was hiring 43-year-old Aluri Srinivasa Rao to scour India for deals. Joining Morgan Stanley from a local private-equity fund, Mr. Rao will have a $1.5 billion Asia-focused fund behind him. Morgan Stanley, which hasn't done private-equity deals in India before, will aim to deploy at least 20% of that fund into India.

The Wall Street Journal
http://online.wsj.com/article/SB120897707049738985.html
?mod=googlenews_wsj

Chief ministers urge Indian diaspora to invest in home state

Trade and investment opportunities in a resurgent India were the highlights of Day two of the 6th Pravasi Bharatiya Divas, which saw five chief ministers share their state’s unique strengths and future strategies as they tapped investment, vying for the attention of overseas Indian investors. Pranab Mukherjee, external affairs minister asked states and the NRI forum to come together in education, healthcare, energy sustainability, research and development as these sectors will “mar or make our future development.”

MINT
http://www.livemint.com/2008/01/09163456/
Chief-ministers-urge-Indian-di.html