Earlier this week, India announced that the French built Rafale had beat out the runner-up Typhoon in a $10 billion fighter aircraft contract. The Typhoon, built by the Cassidian unit of EADS would have sustained thousands of jobs in Germany and the United Kingdom. Instead the work and jobs will...
ArcelorMittal to establish research and development center in India
Luxembourg based ArcelorMittal, the world's largest steel making company, is planning to set up a research and development center in India according to its CEO,Laxmi Mittal. ArcelorMittal has twelve R&D centers across the world with a budget of $250 million. India will be the thirteenth location and the company has...