2009
Vredestein & SA arm help Apollo Tyres post Rs 129-crore net - The Economic Times reports that Apollo is aiming at 50% higher revenues for the year ending March'10 over Rs 5,000 crore clocked during the previous fiscal, largely due to contributions from recently acquired European subsidiary Vredestein Banden BV.
West Europe is next growth target: Chandrasekaran - The Economic Times interviewed the newly appointed head of TCS to understand future growth prospects for the company. The company intends to invest more in sales and delivery efforts in under-penetrated markets such as Western Europe and Japan for its next leg of growth.
Scouting for M&As in Europe - The Hindu Business Line reports that global merger and acquisition activity is still struggling and Europe is feeling the sting more than others.
http://www.thehindubusinessline.com/2009/10/19/stories/2009101950490900.htm
India-EU trade down 18% in first half - The Hindu Business Line reports that India-EU bilateral trade in goods recorded 18 per cent decline in the first half of the calendar year 2009 as global economic downturn continued to cast a shadow on the trade performance of both sides.
http://www.thehindubusinessline.com/bline/2009/10/17/stories/2009101751461600.htm
EU hopeful of free trade pact with India next year - The Hindu Business Line recently covered the news on the European Union being hopeful of entering into a "deep and proper" free trade agreement (FTA) with India in 2010.
http://www.thehindubusinessline.com/2009/10/14/stories/2009101451281100.htm
Hindustan Sanitary eyes European buy - Recent online reports indicate that Hindustan Sanitary and Industries Ltd (HSIL) is eyeing overseas acquisitions, especially in Europe, while it will invest Rs 300 crore in expansion plans in the domestic market.
Textile cos' search for funds, JVs takes them to Europe, Japan - The Economic Times reports that the Indian textile industry scouts for newer pastures, the fashion circuit in Europe and technologically advanced Japan seem to be the first stopovers.