India's largest state insurer and its pension fund together bought about one-sixth of the bonds issued by regional governments for their power companies last fiscal year, a minister said on Thursday.
Kamath, an eminent Indian banker who led the country's top private sector lender ICICI Bank into a financial sector behemoth, said he is confident of India's growth story and has always believed that the country would emerge as a global power.
Looking at the long-term road map for IT Industry, National Association of Software and Services Companies (NASSCOM) is projecting that we will touch another USD 100 billion over the next five-seven years for the Indian IT Industry.