1. The processed food industry of India will attract an investment of Rs 95,000 crore in coming three years.
2. BG India which is a part of British Gas group is to spend $1 billion for oil exploration.
3. Educomp Solutions of India to spend Rs 125 crore in setting up 500 tutorial centers by the year 2010.
4. Berkshire Hathaway of United States registered a loss of $1.6 billion in the derivatives in the Q1-2008.
5. Rites, an Indian public sector undertaking, to spend Rs 200crore in the rolling stocks in coming 18 months.
6. Profit After tax of PTC India for Q4 2007-08 was Rs 19.22 crore, an increase of 231% when compared to Q4 2006-07 which was Rs 5.80crore.
7. Microsoft is not planning to buy Yahoo completely but is looking for other options.
8. Network 18’s in-house unit Cell will now be a separate division and will be known as Cell 18
9. Inox leisure, a multiplex chain, to spend Rs 400-450 crore to increase its screen from 76 to 264 by the year 2011.
10. IT and BPO revenue of India to reach $132 billion by the year 2012.
11. IT export to Mideast is set to grow by 30%.
12. To rein inflation RBI, India’s central bank, increased CRR by 25 basis point (8.25%) to suck out Rs 9000 crore from the system.
13. Reserve Bank of India to launch an India Pay credit card by 2009.
14. Wadhawan group of India which is in real estate and retail business is to spend Rs 3500 crore to launch new restaurants and open luxury retail outlets.
15. Steel Authority of India (SAIL) pulls out of Indian Steel Alliance (ISA) to distance itself from the controversy of forming cartels.
16. State governments of India along with retail and real estate players is to invest Rs 1000-1500 crore in the financial year 2009 on the self –serve technology.
17. Every year about two million obsolete computer units originate in India.
18. Actuarial process outsourcing (APO) in India will grow by 100% by the end of year 2008.
19. Department of Telecom (DOT) of India favors existing telecom operators for 3G license.
20. ULIP sale in India decreases in the year 2007-08.
21. Private life insurance companies in India registered a growth of 74% in 2007-08.
22. Reliance Communications, Bharti Airtel, Infosys and TCS posted profit (PAT) of more than $1 billion in the financial year 2008 according to Economic Times.
23. Spice Mobile of India to invest Rs 100cr in brand building.
24. Telekom Malaysia which at present has 39.2% stake in Spice Communications (India) wants to increase it to 51%.
25. Bharat Heavy Electricals (Bhel) to use IT to automate its process to improve delivery
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