Assocham said that investments have dropped in India in a report released today. Assocham, one of India's associations of chambers of industry and commerce reported today that direct investments in the country are looking at a bleak future.
Industry
Tata to make export hub out of Indonesia
Tata Motors reported that its investments in Indonesia is aimed to make the country its export hub. Tata Motors Ltd. has made it clear that they will make Indonesia an export hub for their vehicles to the rest of Southeast Asia.
India hikes natural gas price to attract investors
As part of India's ongoing campaign to attract investors, the Oil Minister approved the raising of natural gas prices.
Indian finance minister woos US top execs
India's Union Minister of Finance P. Chidambaram went on a four day trip to sell India's investment market.
Cyprus announces new investor incentives
The President of Cyprus announced several new rules giving investors new incentives. In a statement released today, the President of the Republic of Cyprus announced that more incentives will be given to investors who wish to take a chance on the Cypriot market.
Latest News
Gerri Greenham announced that he acquired shares in Solarvest Gerri Greenham announced that they have acquired shares in Solarvest BioEnergy Inc. The transaction was made to a pursuant of a private placement at US$.
OGX in talks to sell its oil license stakes to avoid running out of cash OGX Petroleo & Gas Participacoes (OGXP3) in talks regarding sale of stakes in crude oil block licenses that owned by OGX.
The NSW state government expressed their intent to sell heritage building in Sydney New South Wales state government expressed their intent to sell two of Sydney's most significant heritage buildings as it enters the second round of property sales.
Raytheon announced that they were awarded with the deal to make the new electronic jammer for the US Navy.
Tesla Motors is set to transfer from the NYSE to the NASDAQ while Oracle Corp. does the opposite. The best-performing car manufacturing stock this year, Tesla Motors Inc.
Three bidders in a race to purchase Hulu Hulu attracted three bids worth over US$1 billion from interested companies. The bidders include the partnership of AT&T and Cherin Group.
Nissan has completed its plans to revive the Datsun, whose operations previously ended in the 1970's.
Greece got cash lifeline funded by the euro zone and the International Monetary Fund which spared the country from incurring debt default by August.
Alcoa Inc. reported better-than-expected performance this season. Alcoa Inc. , the largest aluminum producer in the US, reported earnings that surpassed financial analysts' estimates after its unit that provides essential components to power and aerospace companies had a better-than-expected performance.
