Employees account for largest expenditure in any organisation and hence the slightest improvement in workplace condition that enhances employee retention and well-being has a great impact on productivity and results in tangible savings.
French Chinese and Russian companies have joined hands with the Indian Railways to bring three of the latter´s nine semi-high speed rail corridor projects on track. In these corridors, trains will run at 160-200 km an hour.
Chinese business conglomerate Fosun is known to be in the process of setting up a real estate focused platform in India that would invest as much as $1 billion through equity transactions, as per reports.
Major Chinese heavy duty truck manufacturers - including China National Heavy Truck Corporation, Dongfeng Liuzhou Motor Company and Shaanqi - are increasingly adopting Wabco´s OptiRide electronically-controlled air suspension (ECAS) in series production.
The prices of steel have fallen due to cheaper Chinese steel in the market, and this has resulted in the domestic steel producers suffering heavy losses. The Indian steel industry is facing outstanding loans of around Rs 3 lakh crore in various banks, thus making the sector one of the largest contributors to Non-Performing Assets (NPA) in the country.
Global deflationary pressures were quite fearful during the months of January and February. However, since then, the global deflationary fear has receded. Global oil prices rebounded over 80 per cent from the bottom, steel prices in China moved up as high as 30-40 per cent and many other metal and resources prices also rose significantly from the bottom