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Entries posted on “October, 2011”

Perth: India has opened its second consulate in Australia here and made a strong pitch for greater Indian trade and investment with this resource-rich western Australia region. “Today marks yet another important milestone in India-Australia bilateral relations. The inauguration of the new Indian Consulate in the vibrant city of Perth, on the eve of the [...]
October 31st, 2011 | Posted in SOUTH ASIA | Read More »

Perth: With growing global stakes in the resource-rich Indian Ocean, India has asked for closer cooperation with Australia in boosting greater trade and security cooperation among countries of the region. “India and Australia view the Indian Ocean as a potential area for greater cooperation among the countries of the region,” External Affairs Minister S.M. Krishna [...]
October 31st, 2011 | Posted in SOUTH ASIA | Read More »

Islamabad: Pakistan Prime Minister Yousuf Raza Gilani is most likely to meet his Indian counterpart Manmohan Singh on the sidelines of the SAARC Summit to be held in the Maldives Nov 10-11, the Online news agency reported. Pakisan’s Foreign Office said Thursday officials of both India and Pakistan are working on organising the meeting [...]
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Melbourne: Even while the number of international students coming to Australia continues to fall, Malaysia has replaced India as the second largest source of students in the field of Higher Education. As a result, the losses suffered by the Australia international education sector have ballooned to $2 billion in the last one year. [...]
October 31st, 2011 | Posted in SOUTH ASIA | Read More »

Washington: Accusing India of trying to turn Afghanistan against Pakistan, former president Pervez Musharraf warned of “counter-measures” by Islamabad and at the same time called for a rapprochement between intelligence agencies ISI of Pakistan and the Indian RAW. Fuming that Afghanistan enjoyed a relationship with New Delhi too close for Islamabad’s liking, Musharraf [...]
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Perth: India has pressed Australia to withdraw travel advisory that uses “disproportionate” language warning of terror attacks during the festive season. Vice President Hamid Ansari has said he will take up the issue with Australian prime minister, if needed. External Affairs Minister S.M. Krishna, who is here to attend the Commonwealth Heads of Government Meeting [...]
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New Delhi: Brand merchandising is at an all-time high thanks to the country’s first ever Formula One race. Shirts, jackets and even pillow covers inspired by F1 are selling like hot cakes, especially among youth. “Since the launch of the latest F1 collection, we have received a positive response from our consumers and we are [...]
October 31st, 2011 | Posted in BUSINESS | Read More »

Thiruvananthapuram: India’s first telecom business incubator will be set up in Kerala under Infosys co-founder and Executive Co-chairman Kris Gopalakrishnan. The Indian Telecom Innovation Hub will focus primarily on student start-ups from college campuses and would be modelled on technology incubators in the Silicon Valley, an official press release said Thursday. “With the launch [...]
October 31st, 2011 | Posted in BUSINESS | Read More »

New York: Despite the Indian economy growing at over 7.5 percent the top 100 rich in the country lost 20 percent of their wealth, which was down to $241 billion in the latest ranking of Forbes magazine from $300 billion. “For the fourth year in a row, Mukesh Ambani, whose Reliance Industries struck a [...]
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New York: A New York court has set April 9 as the tentative date for the trial of Rajat Gupta, former Indian American director of Goldman Sachs after he pleaded not guilty to insider-trading charges. India-born Gupta, 62, who had surrendered to the FBI Wednesday morning, was freed after posting $10 million bond, secured by [...]
October 31st, 2011 | Posted in BUSINESS | Read More »