Indian service cos. most optimistic on robust business growth: KPMG survey Indian services sector companies are high on confidence and forecast higher revenue and profts over the next 12 months than they were 6 months ago, despite being reluctant on increasing headcount, the spring 2008 KPMG Business Outlook Survey by international tax advisory, accounting and consulting firm KPMG has revealed. 21 May 2008
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FMCG sector high on confidence in FY09, to grow by 16 percent: FICCI India's fast-moving consumer goods industry is set to grow at a faster pace in 2008-09 (FY09) than the previous year, driven by rising income and increasing consumer demand, a survey conducted by India's premier commerce and industry body, FICCI, has revealed. 21 May 2008
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Core sector growth in India slips to 4 percent Influenced by US economic slowdown, rupee appreciation against the dollar, rising inflation and tightening monetary policy, core sector growth in India is slowing down, the Commerce and Industry Ministry has warned. 22 Feb 2008
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India's tea sector seeking change in law to help diversify India's struggling tea sector is seeking changes in the law to allow for diversification into other crops to fight rising production costs and increase returns, officials said on Monday. 17 Sep 2007
Real estate major Parsvnath to foray into telecom biz A first time ever, real estate major Parsvnath Developers, India's fourth largest developer in terms of market capitalization, has announced its foray into the telecom sector with an estimated investment of nearly $1.5 billion. 28 Aug 2007
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Jaiprakash to foray into steel sector with $52 million acquisition New Delhi-based infrastructure conglomerate, Jaiprakash Associates Ltd (JAL), otherwise known as the Jaypee Group, is making a foray into the steel sector with the acquisition of Malvika Steel in Jagdishpur, Uttar Pradesh, for Rs. 207 crore ($52 million). 12 Aug 2007
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India, US set up joint private sector advisory group India and the US have set up a private sector advisory group of international business and trade experts to provide strategic advice so as to boost bilateral trade, which is targeted to double in the next three years. 21 Apr 2007
India Inc. to introduce 'caste-based' reservations in private sector India Inc. is trying to carve out a "win" in its battle against the Indian Government's proposal to introduce 'caste-based' reservations in the private sector by pre-empting such a move and taking "affirmative action" themselves to "voluntarily" introduce a "code of conduct" that would ensure a degree of social diversity in private sector employment. 22 Jul 2006
