EC grants Poland leeway on convergence plan

The European Commission has handed down its opinion of Poland’s convergence plan to adopt the euro, asking that the government reconsider plans to consolidate the public finance deficit.

Planned skyscraper reaches dizzy heights

A planned skyscraper that is to be constructed in Warsaw will be one of the tallest office buildings in Europe once completed. The Warsaw Spire, which will measure 220 metres, was designed by the Belgian Jaspers, Eyers & Partners architectural firm.

Volkswagen (VW) Two-Wheelers For India Soon

According to reports, the German automaker VW Group is planning building two wheelers for the Indian customers. And, the auto major may join Suzuki for this project.

Canon To Launch 40 New Products In India By June

Japanese office automation and imaging giant Canon plans to launch 40 new products, including a wide range of digital cameras and printers, in India over the next three months.

Korean telecom giants to enter Polish market?

Two South Korean communications giants are reported to be interested in entering the Polish telecoms market. SK Telecom and Korea Telecom, which have 39 million customers and hold 50 and around 31 percent of South Korea’s telecoms market respectively, are ready to buy out shares and invest in existing mobile telephony companies in Poland.

EU green lights Russian-Polish gas deal

European Energy Commissioner Guenther Oettinger has said that Brussels has no objections to a deal thrashed out between Poland and Russia to ensure gas deliveries till 2037.

Bharti Ties Up $8.3 Bn Deal With Kuwait's Zain Telecom

India's foremost telecom operator Bharti Airtel has announced on Sunday that it has tied up with Kuwait-based Zain Telecom to buy its African unit for $8.3 billion (Rs.37,350 crore).

P J Nayak Named New CEO Of Morgan Stanley India

Global investment bank Morgan Stanley has named P Jayendra Nayak as its new CEO. P Jayendra Nayak acted as the chairman and chief executive officer of Axis Bank. Nayak will now replace Narayan Ramachandran as the chief executive and country head for India. He is slated to join in his new assignment on April 5.