Ceo

4. (SBU) The Ambassador said that the October 29-30 visit of Treasury Secretary Paulson to India presented a great opportunity to focus on creating a climate of finance for infrastructure. He added that Paulson and his team will bring great knowledge and experience on financial market supervision, regulatory issues, securitization, debt, and other key areas. Ahluwalia said that he will be joining the Ambassador in the October 29 Infrastructure Conference in Mumbai that Paulson and Indian Finance Minister Chidambaram will open. Ahluwalia noted that it would be helpful if there was some movement on U.S. approval of ICICI's and Bank of India's long-pending U.S. bank branch applications. He added that there was a lot of irritation in MOF over this issue, especially since Secretary Paulson had told Chidambaram a year ago that there would be action. Despite the lack of progress, Ahluwalia noted that MOF had recently approved three new branches in India for Citibank. Ambassador responded that … [Read more...] about 122608: Ambassador discusses CEO Forum issues with Planning Commission Deputy Chairman Ahluwalia

"A proper asset allocation plan that takes into account liquidity for multiple expenses and short-term and long-term goals that are expected to be there for a young person should be put in place," says Suresh Sagagopan, Founder, Ladder7 Financial Advisors. … [Read more...] about Got a new job? Check out these five money tips

Kenichi Ayukawa, managing director & CEO, MSIL said, “S-Presso is a true symbol of 'Make in India'. The car stands testament to our commitment to offer best in design, technology and safety to our customers both locally and globally. S-PRESSO is widely appreciated by customers in India and we are confident of its acceptance in international markets. With S-PRESSO we are looking to make in-roads in many new markets.” Spacious interiors, ample space, dashboard accents, bold front facia and single aperture headlamps are a few top-rated features. Additionally, S-Presso is being appreciated by customers, for its commanding seating position, good road visibility and the peppy pickup, the company added. The car gets 1.0-litre, K-series BS-VI compliant petrol engine, pumping out 67 PS and 90 Nm. The car is priced at Rs 3.8 lakh - 4.91 lakh (ex-showroom, Delhi). … [Read more...] about Maruti Suzuki commences exports of S-Presso

BENGALURU: Singapore investment company Temasek, along with Swedish major EQT, has set up a platform called O2 Power to develop and acquire renewable energy assets in areas like solar and wind energy. The two investment firms have committed $500 million in equity for the venture, which is targeting 4 gigawatts of installed capacity in the coming years. The Gurgaon-based company will look at both greenfield project development and acquisitions, as it will also be able to leverage the equity commitment to raise debt. Temasek has a portfolio of $11 billion in India across both public and private companies. For EQT, this will be the first investment in the country. O2 is being headed by Parag Sharma, former chief operating officer at ReNew Power, another platform play in the renewables space that was founded by former finance minister Yashwant Sinha’s son Sumant Sinha and was backed by Goldman Sachs. Other members of the top management are also from ReNew, which has built a … [Read more...] about Temasek, EQT set up $500 million renewable energy JV

Han said that as economic globalization stands at a crossroads, the future direction it takes is a matter that requires attention and serious reflection. "To deal with the difficulties faced by economic globalization, it is essential to grasp the underlying patterns and the general trend." … [Read more...] about China vows at Davos it will continue to uphold globalization