India

Indian Trade Minister Announces New Approach to Dash Negotiations

As per a recent report, negotiations for the trade accord signed by India with the European Union have since long been pending. It is therefore that an announcement has been by India on Thursday that it would now be following an incremental approach.

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MSIL finalizes wage settlement agreement with workers

India's largest car maker, Maruti Suzuki India Ltd (MSIL) has reached an agreement on the corny issue of wages with workers at its Gurgaon plant.

Maruti Suzuki India Chief Operating Officer for Administration, S Y Siddiqui said: "After four months and 40 meetings, we are very happy to finalize the wage hikes for our both Gurgaon and Manesar plants".

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Ingo Karsten: Collaboration with Germany can benefit Kerala

Ingo Karsten, Consul-General (CG) of the Federal Republic of Germany, said in Bangalore on Tuesday that the possibility of reaping benefits from a mutual collaboration between Kerala and Germany was quite noteworthy in a number of fields, including biotechnology, waste management, scientific research, IT, and infrastructure.

India's Biocon to divest in Germany's AxiCorp

India's Bangalore-based Biocon has decided that it will be divesting its stake in the German drug distributor, AxiCorp GmbH. Some three years back it had taken up controlling stake in the company and now it will be selling the shares to the minority shareholders of the company.

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