Wef2013

Hinduja Group plans significant expansion in Africa

Global business conglomerate Hinduja group is planning to significantly expand presence in Africa in areas ranging from transport, infrastructure and coal

WEF: Major global cos express interest to invest in India

Major global companies including Novartis, BAE Systems and Philips today expressed interest in expanding their businesses in India.

WEF: Premji says son Rishad will never be CEO of Wipro

IT czar Azim Premji has said his son Rishad will never be the Chief Executive of his company Wipro, but will represent promoter ownership on the company's board.

WEF 2013: India assures full support to Walmart, Tesco

The assurance was given by Commerce and Industry Minister Anand Sharma to the heads of the two retail giants in separate meetings on the sidelines of the annual World Economic Forum conference.

WEF calls for 'golden triangle' approach to tackle global woes

World business leaders today said there is a need for a 'golden triangle' collaboration between governments, companies and the civil society to rejuvenate the global economy, create jobs and fight corruption.

WEF: Global banks seek new strategy, without regulatory burden

World's top banks including US-based JP Morgan and UBS of Switzerland today said there is a need for new strategy to chart the future growth path but warned that any regulatory over-burden

Davos bosses hunt for new revenue in low-growth world

Mergers and acquisitions would be one way for corporations to buy growth - but CEOs remain reluctant to undertake large-scale deals, despite cheap credit and relatively low valuations.<br /><br />

Davos extravaganza: Is India stooping low to conquer?

Boosting sentiment has been the sole objective of much of the reforms that the government rolled out ahead of the Davos summit.It is a pity that investors are cold shouldering the much touted India story, at a time when the government is desperately looking to draw investment.

WEF kicks off amid fiscal woes staring at global economy

The six-day long World Economic Forum annual meet, which will see participation of over 100 Indian business and political honchos as well as global leaders, began here today and fiscal woes in the world economy are expected to dominate discussions.

WEF 2013: Leaders meet in Davos to beat the odds

The WEF's annual risk report cited inequality and the burden of government debt as the biggest economic threats and also highlighted a rise in concern about severe weather