EMC to invest $1.5 bn in IndiaSeptember 9th, 2009 BANGALORE - Global technology storage equipment major EMC Corp will invest $1.5 billion in India over the next five years to expand its research and development (R&D) activity and business operations, a senior company official said Wednesday. The incremental investment will be in scaling operations, people and capacity building at our R&D facility, EMC India managing director Sarv Sarvannan told reporters here.
Financial imbalance major cause of meltdown: Lord DesaiJuly 20th, 2009 NOIDA - The financial imbalance in the world economy is one of the major causes of the current global meltdown, according to noted economist Lord Meghnad Desai. The message of Desai, Professor emeritus of London School of Economics, was read out at the brainstorming session organised by the Global Economic Forum (GEF) here Monday on After-effects of financial meltdown: World economy five years ahead.
No US role in Kashmir dispute, says ClintonJuly 18th, 2009 MUMBAI - The US does not want to get involved in the India-Pakistan row over Jammu and Kashmir, Secretary of State Hillary Clinton said in remarks telecast Saturday. Asked by Times Now TV if Washington felt it had a role to play in the decades-old dispute, Clinton said any final decision over Kashmir had to be between India and Pakistan.
India can play a global role: Hillary ClintonJuly 16th, 2009 WASHINGTON - Acknowledging India's emergence as a global player, US Secretary of State Hillary Clinton says how New Delhi can "play not just a regional role but a global one as well" would top her agenda on her India trip. "We believe India has a tremendous opportunity and a growing responsibility, which they acknowledge, to play not just a regional role but a global one as well," she said Wednesday in a speech to the Council on Foreign Relations.
India calls for NAM solidarity to counter terror, meltdownJuly 13th, 2009 Sharm el-SHEIKH/NEW DELHI - Underlining its commitment to renewing the Non-Aligned Movement (NAM), India Monday asked the NAM countries to unequivocally condemn terrorism and called for greater solidarity among developing countries to counter the global financial meltdown. Nowhere is international solidarity for peace and development more relevant than in combating terrorism.
US seeks to expand India's global role during Clinton visitJuly 11th, 2009 WASHINGTON - With India playing a "vastly more significant role" in global issues, the US looks at Secretary of State Hillary Clinton's India visit as "a tremendous opportunity" to deepen bilateral ties and expand New Delhi's role. As Clinton herself noted a couple of days ago, "relations between the world's largest democracy and the world's oldest democracy have improved significantly over the last 20 years," State Department spokesman Philip J.
India for continuing international focus on Afghanistan's rehabilitation: KrishnaJuly 2nd, 2009 NEW DELHI - India favours greater and continuing international focus and attention on developmental and security issues concerning Afghanistan and its neighbours, saying this is necessary and would be helpful in the long term. Revealing this stance during an interaction with the media on Wednesday, External Affairs Minister S.
No question of military involvement in Afghanistan: IndiaJuly 1st, 2009 NEW DELHI - India Wednesday ruled out any military involvement in Afghanistan and underlined the need for greater international cooperation in restoring stability to the violence-torn country. "Nobody has suggested that India should get militarily involved.
For India Inc, worst is over but recovery yet to startJune 12th, 2009 BANGALORE - A resilient India Inc is waiting for global recovery to start as the worst impact of the global meltdown seems to be over, an industry luminary said Friday. "The consensus opinion is that the worst is behind us.
Farooq Abdullah willing to take up role in UPA governmentMay 16th, 2009 SRINAGAR - National Conference president Farooq Abdullah, who is heading for victory in the Srinagar Lok Sabha seat, said Saturday that he would be 'happy' to take up any role in the UPA government. 'I will be happy to play whatever role the UPA (United Progressive Alliance) government wants me to play,' Abdullah told a news channel.
Manmohan Singh's reassuring return for Obama administrationMay 16th, 2009 WASHINGTON - The clarity of the electoral outcome in India and the return of Manmohan Singh as prime minister are bound to reassure the Obama administration as it struggles to battle mortal threats emanating from the Pakistan-Afghanistan region. While no one clearly enunciated that Washington would prefer to work with a professedly secular government in India, and there was no immediate reaction to the results because of the weekend, any likely emergence of the rightwing Bharatiya Janata Party-led grouping would have at the very least constituted a challenge as the Obama administration tries to neutralize the combined Taliban-Al Qaeda threat.
US seeks greater role for India in AfghanistanApril 8th, 2009 NEW DELHI - The US Wednesday sought a greater role for India in Afghanistan, at the same time saying it wouldn't pressurise New Delhi on its ties with Pakistan. 'What happens in Afghanistan depends on Pakistan.
India should promote religious harmony abroad: Dalai LamaMarch 7th, 2009 NEW DELHI - India should take a 'more active role' in promoting religious harmony abroad, Tibetan spiritual leader the Dalai Lama said here Friday. 'India must take a more active role in promoting peace and religious harmony in the new world, which are heavily interdependent,' he said at the inaugural session of the India Today Conclave.
'Turkey ready to play role in Iran-US relations'February 24th, 2009 ANKARA - Iran has asked Turkey to play a role in bringing Tehran and Washington together to discuss mutual concerns, Turkish Prime Minister Recep Tayyip Erdogan said Monday night. 'We have said this before: we are ready.
Former French player Dhorasoo to help Indian footballFebruary 8th, 2009 NEW DELHI - World soccer body FIFA has roped in former French international Vikas Dhorasoo to help Indian football. The Frenchman, with roots in India and Mauritius, met FIFA officials last week in Zurich to discuss his role in the Win in India with India, launched by FIFA president Sepp Blatter in 2007.