Investinindia.com - Invest In India Company News Section
Invest In India Information
K K Poria
Hanko Hackberry, Group Level 39
2 Park Street, Sydney
Phone: 61 401 287 060
www.investinindia.com is a rich information resource for the international investors and NRIs. The website is organised by industry and by state and city, so investors are able to focus on information about businesses and opportunities in their particular area of interest.
Cognizant is in talks for the acquisition of business process outsourcing firm, Genpact. Cognizant, the information technology giant said it is in advanced discussions with Genpact and will be making an announcement soon regarding its offer for Genpact.
Swiss firm, M+R Spedag Group reported that it had acquired a stake in Indian firm PL Shipping & Logistics Private Ltd. M+R Spedag Group is a leading logistics and transportation services provider in Switzerland and has a presence with offices in major hubs across the globe.
Indian Electricals and Electronics Manufacturers Association (IEEMA) revealed that a foreign direct investment in electrical products industry has increased in recent times. According to IEEMA major electrical products companies in the world are increasingly taking up acquisition investments in India.
Air Works, a dominant player in India's Maintenance Repair and Operations (MRO), announced it is on the lookout for acquisition investments in its line of business overseas. Air Works is an Authorized Service Centre for Rockwell Collins, Gulfstream, Bombardier, Honeywell, Agusta Westland, Bell Helicopter and Superjet International.
Bharti Airtel intends to invest US$600 million in expansion of its mobile network in rural areas. The plans for expansion will be undertaken in Nigeria, through Bharti Airtel's newly acquired subsidiary.
Nestle India Ltd is keen on investments in acquisitions in India as part of plans to boost the global Swiss food giant's growth in emerging markets. Nestle India Ltd will seek to grow its sales volume in India via investments and new products launch, it will try maintaining an operating margin by reducing production costs.