Indian electronics industry worried as local manufacturing share expected to decline by 2012

India’s electronic chip market — an indicator of overall electronics consumption — grew by a whopping 28% in 2010 — according to research conducted by the Indian Semiconductor Association and Frost & Sullivan. The consumption of electronic chips — almost none of which is produced in India — rose from $5.1 billion in 2009 to […]

Mandriva-fork, Mageia Linux announces final beta before May release of first edition

Mageia Linux, the community fork-edition of Mandriva Linux, has announced the second beta edition of its first ever Linux operating system release. The release, available for download here is the last ‘test’ release before the split-away group releases its final Linux distribution. The development has come six months after most of the senior developers of […]

French financial services giant Natixis seeks India entry

The French Asset Management firm Natixis Global Asset Management has sought the government of India’s approval to enter the Pension Funds management business in India. The Government’s foreign investment promotion board (FIPB) on Tuesday deferred the proposal to its next meeting. The investment by Natixis will be done ‘indirectly’ through another company, the FIPB said. […]