Business News from Netherlands, India and the World
July 28-31

Rolls Royce sees India emerging as most important mkt. the UK-based manufacturer of luxury automobiles, sees India emerging as its most important market in the next five to 10 years, and is looking at using parent BMW’s supplier network in India to source components. Read more….

Pay hike shows rebound of economy: Survey. Almost all Indian companies have given or will give their employees a pay hike this year, a survey showed, pointing to optimism in corporate India that the economy s on a rebound. Read more….

Economy to grow at 6.7%: FM. Finance minister Pranab Mukherjee on Wednesday said the economy was expected to maintain a growth rate of 6.7% in 2009-10, the same as the last fiscal, as some signs of pick up were visible. “We have ended 2008-09 at 6.7%. I do hope this level of growth we will be able to maintain (in 2009-10),” he said while commending the Finance Bill in the Rajya Sabha. read more

Windfall gas reserves discovered in the Netherlands

The Hague - Oil and gas companies found 33.1 billion cubic metres more natural gas in the Netherlands last year than expected, according to TNO, a Dutch organisation for applied scientific research. read more

Netherlands is fifth biggest exporting nation

The Netherlands is the fifth biggest exporting nation in the world, according to the World Trade Organisation’s latest trade report.

Dutch exports totalled $634bn last year, the WTO says. Germany tops the list with exports valued at €1,465bn. China, the US and Japan complete the top five. read more

Business News from Netherlands, India and the World
July 13-15, 2009

Google sees India in top-3 mobile Net nations soon

India is likely to be among the top three markets with highest number of mobile Internet users in less than two years, according to the thinking in Internet search giant Google Inc. read more

Meltdown makes Indian firms smarter: Study

BANGALORE: A dramatic meltdown after boom years globally has made Indian firms smarter in employee engagement and talent management, which will help it grow faster when recovery begins, predicts a study by global consulting firm Deloitte. read more

India needs $70 bln investment in roads - Kamal Nath

NEW DELHI (Reuters) - The government will need to spend $70 billion on building roads over the next three years, Transport Minister Kamal Nath said on Friday, as it looks to infrastructure spending to stimulate demand and boost the economy. read more

‘Supermarktoorlog’ in haven

ROTTERDAM - President-directeur Hans Smits van het Havenbedrijf Rotterdam staat op de punt van de pier van Hoek van Holland de schepen nog net niet zelf ‘zijn’ haven binnen te schreeuwen. read more

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