Chennai

Telangana Party Willing to Wait Until 2014

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Dec. 15 – The leading Telangana political party Telangana Rashtra Samiti (TRS) said that it was willing to wait until 2014 for the promised Telangana state to become a reality. A TRS leader was quoted in the Times of India as saying: ‘‘We would be very happy if it happens before that. But we know […]

India’s Top Ten Business Schools Rated

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Oct. 27 – Business India magazine has just released its tenth best business schools survey which ranks India’s top institutions. The top ten is as follows with the name of each school also linked to its website. 1) Indian Institute of Management, Ahmedabad 2) Indian Institute of Management, Bangalore 3) Indian Institute of Management, Calcutta

Increased Iron Ore Handling Facilities at New Mangalore Port

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Oct. 20 – The New Mangalore Port Trust (NMPT) has signed an agreement with Sical Iron Ore Terminal (Mangalore) Ltd., a subsidiary of the Chennai-based Sical Logistics to set up mechanized iron ore handling facility. The port has been handling iron ore fines in 2003 and volumes have been increasing steadily since then. Last year, […]

Mercedes-Benz to Offer Localized Trucks

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Sept. 11 – Mercedes-Benz’s Indian arm, Daimler India Commercial Vehicles, is tapping into the high potential of the Indian market by launching a localized range of small trucks by 2012 from its Chennai plant. Wilfried Aulbur, Mercedes-Benz India managing director and CEO, announced this after the launch of the Actros 4841K range of new trucks […]

New Survey Ranks India’s Ten Most Affluent Cities

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Sept. 4 – The Nielsen Company in India has just released the results of the first ever  Nielsen Upper Middle and Rich (UMAR) survey that sought to decode the behavior of India’s well-heeled. The UMAR polled more than 18,250 wealthy individuals across 35 Indian cities on their lifestyle and mass and emerging media consumption. The […]

Nissan Relocates Supermini Car Production to India

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Aug. 28 – Japanese automaker Nissan is relocating the production of its supermini, the Micra, to India from the United Kingdom beginning May 2010 as part of its plan to manufacture more models in the country. According to The Times of India, Nissan plans to invest about US$400 million in India as a way to […]

India-ASEAN Trade Pact to Benefit Bengal

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Aug. 18 – Bengal is expected to benefit the most from India-ASEAN Free Trade Agreement signed recently because of its proximity to Thailand and Myanmar. At a recent session on “Foreign Investment-Policy and Promotion,” Joint Secretary of Department of Industrial Policy and Promotion, Mr. Gopal Krishna told Indian Express that since Bengal is the most […]

Ford India Begins Bulk Export of Cars from Chennai

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Aug. 18 – Ford India has begun exporting cars in bulk from Chennai for the first time; exporting 158 units through Chennai port to Durban, South Africa. The company plans to export more models. According to the Society of Indian Automobile Manufacturers, data, Ford India between April and June produced 6,752 cars, of which 219 […]

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