New Delhi: Drug maker Ranbaxy Laboratories has raised its stake in Hyderabad-based Zenotech L

Thermax is now aiming at the paper business in Indian as well as south-east Asian markets. In order to fulfill this objective, the Rs 2,210 crore energy and environment company has signed a seven-year technology & licensed manufacturing contract with US-based Georgia Pacific Chemical LLC.

Telecom Minister Mr. A Raja has informed that government will provide more spectrum by the end of November as many telecom service providers are fighting for licenses. The meeting between Telecom Industry representatives and Telecom Minister ended up in clash between CDMA based and GSM service providers.

A recent study has discovered that India is emerging as a BPO hub. India not only explicates three out of five top known worldwide outsourcing destinations, but also has the maximum number of rising cities in this field.

According to a study by CyberMedia’s Global Services magazine, the top five well-established hubs for outsourcing include Bangalore, India's National Capital Territory, Manila, Mumbai and Dublin.

New Delhi: The rising rupee has not been capable of getting much luster out of the country’s total export performance with exports recording a 18.91% expansion in August 2007 valued at $12.68 billion as against $10.66 billion of exports in August 2006.

In spite of some setback like textiles and leather, others like engineering, gems & jewellery and petroleum are still adding to the growth. The growth speed, however, is under the 41.4% rate filed in August 2006 as compared to the corresponding months in 2005.

According to FIEO approximations, the drop in exports in labour-intensive segments will result in eight million job losses in the recent year.