Thursday, May 8, 2008

17 Indians in WEF's Global Young Leaders list

Top News
17 Indians in WEF's Global Young Leaders list
Seventeen Indians could make it to the list of Young Global Leaders for 2008, announced by the World Economic Forum (WEF) on Tuesday.
India fund assets to reach $440 Bn by 2012: McKinsey
With mutual funds and portfolio management services playing as key drivers, the total assets under management (AUM) in India is projected to $440 billion by 2012.
Relocation no issue for Indian workers: survey Indian employers most optimistic

Technology News
BlackBerry security issue makes e-com insecure
Indian operators offering BlackBerry services and some other top executives are expected to meet on March 14 to address the concerns of security agencies.
India has only 130,000 scientific researchers: minister
India has a mere 130,000 scientific researchers against seven times that number in China, and the government is taking steps to address the imbalance.
Less than one percent spent on R&D in scienceChinese institute award for Indian at Microsoft

Business News
Canada clears Strides Arcolab's injection
The Canadian health department has given approval to Mumbai-based Strides Arcolab for its Tazo Pip sterile injection.
Piaggio eyes four-fold increase in Ape Truk sales
In order to cash on the sub one tonne goods carrying vehicle sales, Piaggio Vehicles is targeting over four fold increase in sales of its four-wheel goods carrier Ape Truk.
India's first web portal for the disabled launchedGujarat tops in cotton output in India

Venture News
Soc-Gen raises $8.44 Bn to plug loss
Seeking to restore its status as a top-tier bank, Societe Generale SA (Soc-Gen) bank has raised $8.44 billion in new capital through a share offering.
REC enters market with 19.05 percent IPO premium
Equity shares of public sector enterprise Rural Electrification (REC) were listed at the Bombay Stock Exchange at a premium of 19.05 percent Wednesday, at Rs.125 against its issue price of Rs.105.
Tata Motors plans to raise $1 Bn to finance J-LR dealNoblePeak Vision raises $12 Mn in series B Financing

Other News
Global Indian award for Sam Pitroda
The Canada-India Foundation (CIF) has decided to honour Indian Knowledge Commission chairman Sam Pitroda with the first annual Global Indian Award for pioneering the telecom revolution in India.
Haier Mobile appoints new president
Haier Mobile has appointed Sudhir Aggarwal as its new president, a company statement said here on Wednesday.
Indian American girl wins 'Junior Nobel'Uttar Pradesh, Madhya Pradesh have most women officers

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