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Eaton Corporation, a New York Stock Exchange-listed power management company with $16 billion sales in 2011, is looking at emerging markets to grow faster. It expects 30% of future revenues to come from developing nations. Curt Hutchins, president (Asia Pacific), Eaton Corporation, speaks to FE’s Shubhra Tandon on the...
BANGALORE: From using jets in place of propeller-driven aircraft for training the beginners, IAF may do a role reversal and use a basic trainer aircraft for intermediate jet training of fighter pilots. The Swiss Pilatus PC-7, the turboprop aircraft chosen by the IAF for replacing the grounded HPT-32 Deepak...
NEW DELHI: In a giant leap for astronomy, India will help build the world’s largest and most advanced telescope. About 20 institutions like the Indian Institute of Astrophysics, Aryabhatta Research Institute of Observational Sciences, Inter-University Centre for Astronomy and Astrophysics and the Tata Institute of Fundamental Research will join...
NEW DELHI: Chief of Army Staff, General V.K. Singh, on Monday downplayed reports that China has dared India again by trying to legitimise its control over Aksai Chin in Ladakh, saying the place is quite far from the Siachin Glacier. When asked to comment on reports that the Chinese...
NEW DELHI: India today strongly condemned the coordinated terrorist strikes by the Taliban in Afghanistan and said the security situation in the Af-Pak region continued to be a cause of concern toNew Delhi. Addressing the biannual army commanders’ conference here, Defence Minister A K Antony asked the top brass...
NEW DELHI: Inflation again presented a difficult situation for the Reserve Bank of India (RBI), ahead of its annual policy for 2012-13, as the rate of price rise for food items approached double digits in March. However, falling manufacturing numbers pulled down overall inflation. The central bank is, however,...
MUMBAI: Piramal Imaging, a 100% subsidiary of Mumbai-based Piramal Healthcare, has acquired the research and development portfolio of molecular imaging from Germany’s Bayer Pharma, asserting its seriousness in intellectual property side of pharma. Piramal did not reveal the size of the deal, but said market potential for such services...
New Delhi: Fresh uncertainty has gripped the telecom sector after the presidential reference to the Supreme Court last week effectively brought under review the legality of mobile licences allotted since 1994. Until the constitutional bench decides the matter, which could take up to two years, there would be uncertainty...
New Delhi: After Multi Service Operators and the cable distribution industry, now the country’s leading broadcasters like Star, Zee, ESPN, Sony, Neo Sports, Discovery and others have taken on the Telecom Regulatory Authority of India (Trai) questioning its authority and mandate to regulate content and television advertising norms. Recently,...
NEW DELHI: The customary annual review of foreign trade policy (FTP), which is slated for next month, is expected to be a non-event this time around. The fiscally-stressed government is unlikely to unveil any fresh sops for exporters and would be content with certain easing of procedures, sources said....