FOREIGN M&As, PROJECTS TO DRIVE ICICI BANK
Even as the corporate and financial sectors talk of a slowdown and its possible impact on profitability, the country’s largest private sector lender, the Rs 4-lakh crore ICICI Bank, is betting big on overseas M&A and project finance as key growth drivers for FY09.
The Financial Express
Tuesday, July 29, 2008
ENTERTAINMENT SECTOR TO GROW 18 % ANNUALLY
With new markets opening up, the entertainment and media sector is poised to witness about 18 per cent annual growth in the next five years. The study, titled 'Global Entertainment and Media Outlook 2008-2012', says India, along with other BRIC nations - Brazil, Russia and China - will see an economic growth of around 13.6 per cent as against 5.9 per cent growth that the rest of the world will witness in this period.
The Economic Times
With new markets opening up, the entertainment and media sector is poised to witness about 18 per cent annual growth in the next five years. The study, titled 'Global Entertainment and Media Outlook 2008-2012', says India, along with other BRIC nations - Brazil, Russia and China - will see an economic growth of around 13.6 per cent as against 5.9 per cent growth that the rest of the world will witness in this period.
The Economic Times
GREENBACKS POWER COMPANIES INVESTING IN RENEWABLE ENERGY
With oil prices ruling high despite recent correction, domestic companies such as Reliance Industries (RIL), Tata BP Solar, Essar Power, Suzlon and Moser Baer are investing more in renewable energy. While Suzlon, Moser Baer, Indowind and Webel raised $1.4 billion overseas in 2007 through convertible bonds for investment in green energy, RIL, Tata BP Solar and Essar Power raised $628 million on domestic stock exchanges in 2007
The Economic Times
With oil prices ruling high despite recent correction, domestic companies such as Reliance Industries (RIL), Tata BP Solar, Essar Power, Suzlon and Moser Baer are investing more in renewable energy. While Suzlon, Moser Baer, Indowind and Webel raised $1.4 billion overseas in 2007 through convertible bonds for investment in green energy, RIL, Tata BP Solar and Essar Power raised $628 million on domestic stock exchanges in 2007
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
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
Rs 65,000-CRORE MAKEOVER FOR DELHI
The capital city of Delhi is set to shed its old and ugly skin to give way to a shiny new world-class avatar for the Commonwealth Games. This is no cosmetic touch-up job but a multi-thousand crore rupees makeover, which will ensure that the 16 million-odd residents of the city forget that they ever faced any shortages of the basic kind (think power, water, transport, medical facilities) and instead enjoy the abundance of aesthetics.
Business Standard
The capital city of Delhi is set to shed its old and ugly skin to give way to a shiny new world-class avatar for the Commonwealth Games. This is no cosmetic touch-up job but a multi-thousand crore rupees makeover, which will ensure that the 16 million-odd residents of the city forget that they ever faced any shortages of the basic kind (think power, water, transport, medical facilities) and instead enjoy the abundance of aesthetics.
Business Standard
PE DEALS SURGE 55% in H1 2008 DRIVEN by REALTY SECTOR
Private equity investments in the country witnessed an increase of 55 per cent in terms of value to touch $10.4 million during the first six months of this year, driven by significant deals announced in the realty and infrastructure sector. Overall, there were 207 deals worth $10.4 billion during first half of 2008, as against 178 transactions with a value of $ 6.69 billion during the corresponding period a year-ago.
Business Standard
Private equity investments in the country witnessed an increase of 55 per cent in terms of value to touch $10.4 million during the first six months of this year, driven by significant deals announced in the realty and infrastructure sector. Overall, there were 207 deals worth $10.4 billion during first half of 2008, as against 178 transactions with a value of $ 6.69 billion during the corresponding period a year-ago.
Business Standard
ANIMATION IND TO GROW TO Rs 42 bln BY FY09
The Rs 12 bn animation industry in India is set to grow to Rs 42 bn by 2009 with its revenues projected to double up to almost USD 1.5 bn by 2010. The Indian animation market is only one per cent of the global market of the USD 1,125 bn but growth is expected to be around 35 per cent in the next few years.
The Economic Times
The Rs 12 bn animation industry in India is set to grow to Rs 42 bn by 2009 with its revenues projected to double up to almost USD 1.5 bn by 2010. The Indian animation market is only one per cent of the global market of the USD 1,125 bn but growth is expected to be around 35 per cent in the next few years.
The Economic Times
BSNL SEEKS GLOBAL BIDS FOR MANUFACTURING EQUIPMENTS
Confronted with perennial shortage of modems and other broadband equipment, state-owned BSNL is exploring the possibility of setting up a joint venture for manufacturing these products. The PSU has invited tenders from all global equipment majors to enter into a JV for setting up manufacturing facilities in India.
The Economic Times
Confronted with perennial shortage of modems and other broadband equipment, state-owned BSNL is exploring the possibility of setting up a joint venture for manufacturing these products. The PSU has invited tenders from all global equipment majors to enter into a JV for setting up manufacturing facilities in India.
The Economic Times
RIGHT TIME FOR INVESTORS TO ACCUMULATE GREEN STOCKS
The oilfield of the future is not 200 feet deep below the surface. It is 96 million miles above the ground. This is not an understatement. High oil prices in the 1970s ended the era of crude oil as a source of electric power and kick-started the wind energy industry in Europe and elsewhere. Will the current regime of triple-digit crude oil prices begin the era of renewable energy?
The Economic Times
The oilfield of the future is not 200 feet deep below the surface. It is 96 million miles above the ground. This is not an understatement. High oil prices in the 1970s ended the era of crude oil as a source of electric power and kick-started the wind energy industry in Europe and elsewhere. Will the current regime of triple-digit crude oil prices begin the era of renewable energy?
The Economic Times
Tuesday, July 22, 2008
INDIA AMONG TOP THREE MEDIA, ENTERTAINMENT MARKETS
India continues to be one of the top three markets for global collaborations in entertainment and media, because of a 'relatively friendly foreign investment regime..
The Economic Times
Subscribe to:
Posts (Atom)