U.S. and India Move Forward on Implementing Nuclear Deal

India and the U.S. are further on the path to implementing the civilian nuclear deal with senior nuclear department officials of both sides exchanging the signed text of the “administrative arrangements” that would guide the deal, says a report by ManoramaOnline. This follows the cryptic announcements made by both countries as President Obama arrived in [...]

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March 24, 2015   No Comments

French Companies to Invest $5 Billion in the Indian Insurance Industry

 At an event organized by the French embassy and the Federation of Indian Chambers of Commerce and Industry, France’s ambassador to India Francois Richier said that France would invest $5 billion in India’s insurance business. “When you compare the share of French FDI (foreign direct investment), India receives 6% whereas China receives 7% as of [...]

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March 24, 2015   No Comments

UK-India Business Leader Says Doing Business in India Has Become Easier

The Times of India  interviewed Patricia Hewitt, Chair, U.K. India Business Council, the business-led organization that works with the British government to promote bilateral trade between the U.K. and India. She said in the interview that “the election of the Narendra Modi government, with a decisive mandate for growth and development, has already cheered consumers [...]

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March 20, 2015   No Comments

Christine Lagarde of IMF calls India a Bright Spot

Christine Lagarde, managing director of the International Monetary Fund,  says that  India a “bright spot” on a cloudy global horizon. She declared that India has the potential to double the size of its economy by 2019 compared to 2009. During her visit to India, Lagarde commented, “India’s GDP will exceed that of Japan and Germany [...]

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March 20, 2015   No Comments

Gotham Chopra’s Animation Company Receives Peter Chernin Funding

According to The Hollywood Reporter, CA Media, the Asian investment arm of the Chernin Group, the media and entertainment-platform company led  News Corp veteran Peter Chernin, is leading a new $2.8 million seed-financing round in Graphic India which produces digital comics and animation for the Indian market. The company plans to unveil a number of [...]

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March 20, 2015   No Comments