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Airbus ramps up Make in India, tops $500-mn annual procurement

Mar 07, 2016 at 17:19 | Source: FirstPost

New Delhi - Every Airbus commercial aircraft produced today is partly 'Made in India', Airbus Group said on Monday as the European aerospace major announced that it had exceeded the $500 million annual procurement mark from India in 2015.The group cl...

ISB gets record number of placements, 11 students receive offers from AP govt

Mar 04, 2016 at 12:27 | Source: FirstPost

In a significant first, the Government of Andhra Pradesh has made offers to 11 Indian School of Business (ISB) students who will become Chief Ministers Fellows. They will support the emerging state on strategic initiatives and implementation of polic...

ISB gets record number of placements, 11 students get offers from AP govt.

Mar 04, 2016 at 11:12 | Source: FirstPost

In a significant first, the Government of Andhra Pradesh has made offers to 11 Indian School of Business (ISB) students who will become Chief Ministers Fellows. They will support the emerging state on strategic initiatives and implementation of polic...

Mahindra & Mahindra starts talks for Pininfarina-designed car| Reuters

Feb 06, 2016 at 01:45 | Source: FirstPost

NOIDA/MUMBAI Mahindra & Mahindra Ltd has begun talks with its new Italian design house, Pininfarina SpA, to build a premium car for its home market, to counter a surge in competition in its mainstay sport utility vehicle (SUV) segment.The country...

Startup India: The ecosystem has truly taken off; we are the youngest startup country now

Jan 16, 2016 at 10:16 | Source: FirstPost

By C P GurnaniA bourgeoning smartphone market bringing millions of people online, thousands of startups with excellent talent, and an improving environment for doing business are all driving a rush of venture capital into India over the last two yea...

Startup India: The ecosystem has taken off; we are the youngest startup country now

Jan 15, 2016 at 22:22 | Source: FirstPost

By C P GurnaniA bourgeoning smartphone market bringing millions of people online, thousands of startups with excellent talent, and an improving environment for doing business are all driving a rush of venture capital into India over the last two yea...

M&M buys Maserati-designer Pininfarina for Rs 370 cr: Here are the key facts about the deal

Dec 15, 2015 at 12:25 | Source: FirstPost

Mahindra group chairman Anand Mahindra in a view to strengthen his presence in the automobile and industrial design space entered into an agreement to acquire Italian design company Pininfarina for an outlay of 50 million euros or Rs 370 crore follow...

M&M to buy Italy's Pininfarina via SPV for Rs 370 cr to strengthen group's design capabilities

Dec 15, 2015 at 10:15 | Source: FirstPost

Mumbai: Mahindra group today announced it will acquire Italian automotive and industrial design firm Pininfarina for an overall outgo of over 50 million Euros (nearly Rs 370 crore) after months of negotiations.The acquisition is being carried out thr...

M&M to buy Italy's Pininfarina for Rs 370 cr to strengthen group's design capabilities

Dec 15, 2015 at 07:57 | Source: FirstPost

Mumbai: Mahindra group today announced it will acquire Italian automotive and industrial design firm Pininfarina for an overall outgo of over 50 million Euros (nearly Rs 370 crore) after months of negotiations.The acquisition is being carried out thr...

Mahindra to buy Italian car designer Pininfarina| Reuters

Dec 14, 2015 at 23:15 | Source: FirstPost

MUMBAI India's Mahindra group, with interests in cars and tractors, finance and IT outsourcing services, is to buy Italian car designer Pininfarina for about 33 million euros ($36 million) in an all-cash deal.Milan-listed Pininfarina, which has desig...

Sponsored: Indian Cloud Data Centres will make or break Digital India

Oct 20, 2015 at 13:55 | Source: FirstPost

The Prime Ministers dream of Digital India isnt supposed to be just a slogan. Digital India is a comprehensive plan designed to drive transformation and thus turn India into a connected knowledge economy offering world class services using technology...

Tech Mahindra bags Internet of Things contract from Aircel

Oct 09, 2015 at 12:36 | Source: FirstPost

Telecom services provider Aircel said it has partnered with IT firm Tech Mahindra to roll out a comprehensive set of Internet-of-Things (IoT) service offerings.Tech Mahindra will provide the IoT services in association with Aeris Communications, a Si...

Uber gives an academic push to its driverless cars effort

Sep 14, 2015 at 17:29 | Source: FirstPost

Earlier this year, Uber had announced a partnership with the Carnegie Mellon University (CMU) that focused on development of long-term technologies that would help make Uber safer and more reliable. As part of the partnership, Uber technology leaders...

Nasscom sees 'massive opportunity' for IT firms in small payment banks

Sep 07, 2015 at 11:42 | Source: FirstPost

Industry lobby Nasscom sees a massive opportunity for the domestic tech companies in payments banks and small finance banks, but warned the industry that they need to find out innovative solutions to help these lenders ensure cost-effective delivery ...

As stocks tumble, Indian pharma, Taiwan tech lure smart money| Reuters

Sep 03, 2015 at 04:15 | Source: FirstPost

SINGAPORE Asias tumbling stocks have triggered an exodus of funds from the region, but some investors say the sell-off has been indiscriminate and that certain stocks offer compelling buying opportunities. The downturn in equities has been exacerbate...

Payments banks: Not corporate biggies but India Post will emerge the dark horse in race for market

Aug 20, 2015 at 16:24 | Source: FirstPost

The Reserve Bank of India (RBI) has chosen just 11 out of 41 applicants to set up payments banks in the country. Payments banks are institutions that will offer most of the banking services except loans and credit card products to retail customers. C...

It is a big deal. Why payment banks will change the banking game for you and me

Aug 20, 2015 at 15:47 | Source: FirstPost

The Butterfly Effect holds that a butterfly flapping its wings in some place can, in theory, cause a hurricane somewhere else weeks down the line. The term, coined by Edward Lorenz, came into vogue as weather forecasters saw that a small variation in...

It's a big deal. Why payment banks will change the banking game for you and me

Aug 20, 2015 at 12:47 | Source: FirstPost

The Butterfly Effect holds that a butterfly flapping its wings in some place can, in theory, cause a hurricane somewhere else weeks down the line. The term, coined by Edward Lorenz, came into vogue as weather forecasters saw that a small variation in...

India Post says open to partnerships for payments bank

Aug 20, 2015 at 12:41 | Source: FirstPost

Mumbai: Having secured RBI's nod to set up a payments bank, the Department of Posts has said it is open for partnership in this new venture and is in talks with some telecom companies."We are very excited about it. We have our own strength in te...

Payments banks: With India Post getting RBI nod, Indias biggest bank for poor is in the making

Aug 20, 2015 at 11:43 | Source: FirstPost

The Reserve Bank of India (RBI) has chosen just 11 out of 41 applicants to set up payments banks in the country. Payments banks are institutions that will offer most of the banking services except loans and credit card products to retail customers. C...

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