Tags: India
Big Shift in China's Consumer Economy Impacts Its Role Providing Cheap Consumer Goods on the Worldwide Stage
China's growing consumer economy will lead to rise in prices and eventually reduce its role as the supplier of cheap consumer goods to the world.
Launching marketplace, eBay aims to drive consolidation in Russia
Internet auction site eBay intends to drive a wave of consolidation in Russia's e-commerce market over the next couple of years, persuading smaller companies to get on board as the economy weakens.
India reaches Red Planet, but at home red tape binds space firms
As India celebrated becoming the first Asian nation to reach Mars, S.M. Vaidya, head of business at conglomerate Godrej's aerospace division that made the spacecraft's engine and thruster components, sounded surprisingly downbeat.
India eyes Sikorsky helicopter, other big U.S. arms buys
In a boost to U.S. weapons makers looking for ways to offset lower domestic military spending, India is expected to choose Sikorsky Aircraft's S-70B Sea Hawk helicopters at a 16-aircraft tender worth over $1 billion.