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30 Indian
firms in Forbes Top 2000 List
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Indian Army Chief visits Australia |
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Chief of Army Staff of India,
General Joginder Jaswant Singh, visited Australia from 23-28 October.
During the visit, the possibility of increasing the scope of training
between the Armies and providing some opportunities for high altitude
and jungle warfare training were discussed. The Australian Army seemed
keen to benefit from the Indian Army’s experience in special
warfare, counter-terrorism and counter-insurgency. The COAS and his
delegation also visited Sydney and Brisbane. |
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In an interview
to the Australian “Army News”, General J. J. Singh
recalled cooperation between Indian and Australian Armies during
the First World War and the Second World War. He stated that
enhancement of our military cooperation, so that we can better
understand each other, will allow the two Armies to operate
together in UN-mandated operations if required. COAS felt that
we can gain from each other’s experience in areas such
as low-intensity conflict, counter terrorism operations and
disaster management.
Chief of the Australian Army Gen. Peter Leahy had visited India
in November 2004.
LEFT: Guard of Honour –
Army Chief Gen. J.J. Singh with Australian Chief of Army Lt.
Gen. Peter Leahy. |
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Satyam Computers bags Indo-Australian
Business Excellence Award |
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India’s
Satyam Computers has bagged the Indo-Australian Business Excellency
Award for entrepreneurial role in supporting industry growth,
development and investing in local human capital in Australia.
The award was facilitated by leading
bodies, such as Invest Australia, The Australian Trade Commission
(Austrade) Australia-India Council, Western Australian Trade
Offices, Export Import Bank Of India, and Indo-Australian Chamber
Of Commerce.
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| At present, there are about 420 associates
of the company based in Australia, out of which 32 per cent
are locally recruited. The company has also tied up with the
University of Melborne to support Grid and Distributed Systems
(GRIDS) labs, and the Victorian University to boost opportunities
for both Victor an ICT students and businesses. |
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Businessmen say New Delhi
blasts will not harm Indian economy
Indian business leaders and foreign investors have said that the
recent blasts in New Delhi would have little impact on India's surging
economy and appeared unlikely to scare off investment. India's stock
markets rose sharply despite the attacks. The 30-share benchmark
index of the Bombay Stock Exchange, or Sensex, rose 2.7 percent
to close at 7,789 points.
Foreign investors have been increasingly eyeing the Indian economy,
which is growing 7 percent annually, one of the fastest in the world.
Foreigners have this year bought more than US$8 billion worth of
Indian stocks, and overseas companies have invested more than half
that amount in projects on the ground.
"I don't think bomb blasts are going to affect India's investment
climate," said Bob Hoekstra, the chief executive of Philips
India Software Center in Bangalore, India's technology hub, where
scores of foreign companies have offices and research centers.
"Blasts take place everywhere, in London, in the U.S., in Indonesia,
all over. So, it is not an issue particularly for India," Hoekstra
said.
"There is good economic growth, stable financial sector, supportive
policies and growing demand," all of which will continue to
lure foreign companies, he said.
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India - Australia to
work together on an economic alliance
Recognising India as an upcoming
economic power, Australia have underlined several key areas,
including IT, education, agriculture, food processing and bio-technology,
where the two countries could work together to boost bilateral
ties.
"India is becoming a significant economic power... You
(India) are simply more important than you were a decade ago,"
Australia's High Commissioner John McCarthy said addressing
an interactive session organised by the Confederation of Indian
Industry (CII).
A high-level business delegation will accompany the Australian
Prime Minister when he visits India next year. |
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