US conglomerate General Electric is angling for contracts to build maintenance and repair facilities in the country and has bid for a huge Defence Research and Development Organisation project
Media Release
Jun. 12, 2006

Betting high on the fast growing aviation market in India, US conglomerate General Electric is angling for contracts to build maintenance and repair facilities in the country and has bid for a huge Defence Research and Development Organisation project.

The company is in talks with national carrier Air India and state-owned aircraft maker Hindustan Aeronautics Ltd (HAL) to set up a maintenance, repair and overhaul facility.

It has also made a bid for a defence contract that could be between US$1.2 billion and US $2.4 billion for joint development and production of India's indigenous jet engine, the Kaveri.

US conglomerate General Electric is angling for contracts to build maintenance and repair facilities in the country and has bid for a huge Defence Research and Development Organisation project
Media Release
The company is in talks with national carrier Air India and state-owned aircraft maker Hindustan Aeronautics Ltd (HAL) to set up a maintenance, repair and overhaul facility.
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Australia's leading bank Westpac on Sunday came under attack following reports of its plan to outsource more jobs to India
Media Release
Australia's leading bank Westpac on Sunday came under attack following reports of its plan to outsource more jobs to India by the end of this year.
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Western oligarchs join hand with Indian oligarchs to displace people from their jobs in America and Europe
Harish Baliga
Believe it or not the new trend is to ask American and European employees to train Indian imported cheap high tech labors (called cyber coolies) who will replace the trainers.
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Banking products and IT services major i-flex Solutions Ltd has bagged a multi-year deal worth over $200 million from Bank of America (BoA)
Media Release
Banking products and IT services major i-flex Solutions Ltd has bagged a multi-year deal worth over $200 million from Bank of America (BoA) to install its product, ‘Flexcube’, for BoA’s worldwide operations.
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UK-based Datastrip, a biometric mobile verification and identity solutions company, will soon offer its software solutions in India in collaboration with another UK-based company, Brick Red
Media Release
The Datastrip/BrickRed solution would support data collection, production....
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Communication network vendor, Polycom, has extended its global strategic alliance to India with Interactive Intelligence
Media Release
Communication network vendor, Polycom, has extended its global strategic alliance to India with Interactive Intelligence, to provide internet based IP-PBX telecom solution to the enterprises.
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Global technology services company EDS has succeeded in its efforts to acquire a majority stake in Bangalore-based applications and BPO services company MphasiS BFL Limited
Media Release
More than the required 83 million shares of MphasiS have been tendered in response to EDS' conditional open offer of US$4.50 per share, which closed on June five, top EDS and MphasiS officials told reporters here on Thursday.
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India needs to learn from China in boosting the Pharma industry : KPMG
Media Release
India will have to take a leaf out of China's book to address regulatory and infrastructure challenges...
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