Nomura Financial Advisory and Securities (India) Private Limited, a wholly-owned subsidiary of Nomura Holdings Inc., has finally rolled out its equity sales and trading and investment banking operations in India.
It may be noted that, last year in October, Nomura, a global investment bank, bought the majority of Lehman Brothers' employees in India, including the equities sales and trading, equity research, fixed income liquid markets sales and trading, and investment banking teams.
Larsen & Toubro (L&T), the diversified conglomerate has revealed its plan to recruit nearly 10,000 people over the next three years for executing its various projects.
Out of total workforce, 5,000 employees would be recruited for the $7 billion group's power equipment manufacturing facility and other units at Hazira, Gujarat. The employees would be deployed for projects like mono rail, power reactors and turbines.
L&T plans to invest Rs 4,500 crore in Hazira, where the company has heavy engineering manufacturing units.
Reliance Communications, part of the Anil Dhirubhai Ambani Group, has finally launched its GSM services in over 50 towns and more than 5,000 villages in Jammu and Kashmir.
With the launch, the subscribers in J&K can now experience best-in-class telephony services at the most friendly price points, including local calling and SMS, STD, ISD, roaming and Value -Added Services.
Consumer appliances giant Samsung India has announced that it will invest USD 20 million in its Chennai and Noida facilities this year to strengthen business operations.
The company has sketched an investment worth USD 20 million for these facilities with more focus on machinery. The company intends to export televisions and front loading washing machines to the SAARC countries from its Chennai unit.
It may be noted that Samsung last year invested USD 200 million as part of global expansion plans.
In latest happening, Electronics giant Philips has revealed its plans to manufacture light emitting diode (LEDs) lighting products in India.
The company intends to make LED range with the help of vendors spread across Kolkata, Delhi and Daman. However, on receiving good response, the company may set up its own manufacturing base in India.
The latest move is in line with the company's vision to deliver energy conserving solutions.
Nomura Financial Advisory and Securities (India) Private Limited, a wholly-owned subsidiary of Nomura Holdings Inc., has finally rolled out its equity sales and trading and investment banking operations in India. 
Larsen & Toubro (L&T), the diversified conglomerate has revealed its plan to recruit nearly 10,000 people over the next three years for executing its various projects. 
Reliance Communications, part of the Anil Dhirubhai Ambani Group, has finally launched its GSM services in over 50 towns and more than 5,000 villages in Jammu and Kashmir.
Consumer appliances giant Samsung India has announced that it will invest USD 20 million in its Chennai and Noida facilities this year to strengthen business operations. 
In latest happening, Electronics giant Philips has revealed its plans to manufacture light emitting diode (LEDs) lighting products in India. 
Electric car maker Reva Electric Car Co has informed that it will launch a new model powered by advanced battery technology this year.
