It's already a home to automobile majors like Toyota, Volvo, Tata Motors and Mahindra Reva.
The Supreme Court's landmark decision to allow reopening of Category-A and Category-B mines in Karnataka has come as a big relief to the mining sector and the ore-starved steel industries in the state.
Tata Coffee Ltd, a subsidiary of Tata Global Beverages Ltd, is India's third largest exporter of instant coffee.
Infy CEO and MD talks about the factors behind the company's performance in the quarter.
UAE Exchange partners ElectraCard Services to launch 'gocash', which enables cardholders to use appropriate currency loaded on the card.
The IT co has over 2,500 employees catering to a strong client base in the country
The company has not indicated the exact rise in prices of its models
The Karnataka government is actively considering the possibility of changing the location for a proposed steel plant of Posco in north-central Gadag district; instead offer the South Korean major an alternative land elsewhere in the state. The move comes after the farmers of Halligudi village stiffly opposed plans to acquire their "fertile" land ahead of starting work on the project.
The machine tools industry is always the first to be affected in a slowing economy and the last to recover during a revival. However, bucking this trend for the first time, the Indian machine tool sector is poised to grow by over 15 per cent this year.
The CEC gave its latest report to the Supreme Court on Thursday.
It could save commuters from the stress of travelling on the congested roads during peak hours. The denizens of the city would be able to travel on the commuter rail system in the next six months.
Volvo Bus Corporation, the Swedish major, has stitched grand plans for its Indian operations. It is looking at developing the country as its fourth global hub - the others are Poland, Mexico and China - for product development, bus manufacturing, sourcing of components, sales and exports.
The company would import $10 million (Rs 45 crore) of components in 2010 from Indian vendors. It is set to increase this to $40 million by the end of 2012, a top company official said.
The company is wooing smaller towns to create awareness for Etios to be launched in December.
The workers of the two-year-old bus plant are demanding confirmation of temporary employees and reinstatement of those who were suspended in April this year, in addition to wage hike.
A large number of management schools in the country have begun outsourcing the process of student placements to human resource consultants. Traditionally, B-schools have an in-house placement team, headed by a faculty member. Several B-schools, on condition of anonymity, confirmed they had hired HR consultancies to find jobs for their students. Many of them also plan to have the agencies help out with placing their students as interns with companies.
Mahindra & Mahindra Ltd, India's largest sports utility vehicle and tractor maker, is bullish on its latest acquisition of REVA Electric Car Company.
Uncertainty may shroud their deemed status with the apex court yet to deliver its final verdict. However, admissions to nearly 50 per cent of deemed universities blacklisted by the Ministry of Human Resources and Development (MHRD) are on in full swing.
To re-connect with its consumers who have moved up the economic ladder in the last few years, Cafe Coffee Day (CCD), India's largest cafe retail chain, will soon reveal a new look for its lounge outlets. The company plans to convert its existing lounges into the new design and set up 50 new lounge outlets by the end of this financial year.
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