Indian Shares

An illustration of the skill set within the Indian pharmaceutical industry is shown by the reported ability of Cipla to produce in large scale volumes a generic bird flu vaccine called Antiflu. Roche have the patent for Tamiflu but grey areas within India law have resulted in Cipla pressing ahead with their own version of Tamiflu called Antiflu. This generic bird flu vaccine is already being mass produced and stored by Cipla, ready for distribution should the Indian government give such permission.

 Cipla was probably previously best known for producing anti-aids drugs for sale within India.

SpiceJet the Indian low cost carrier created in 2004 today order a further 10 Boeing 737s from the manufacturer. Five of the new Boeing 737s will be the larger 900ER version. The airline also secured a further 10 options which could if converted tale the SpiceJet fleet to 30 new Boeing 737s.

The larger Boeing 737-900ERs will incease capacity on the airlines routes Delhi - Mumbai and Delhi - Bangalore.

At the end of 2005 the BBC published an article highlighting the fact that in 2005 the Indian Stock Market rose by 40% to over 10,000 points. Some analysts are predicting that in 2006 the market will rise to 12,000 points.

Seven weeks into 2006 the Bombay Stock Exchange (BSE) SENSEX continues to tread water at closing just below the 10,000 mark at 9981 today.

When Air India placed an order for 68 Boeing aircraft earlier this year it was announced that US $2 billion would be invested back into the Indian economy. An example of this re-investment and outsourcing of work back to India was illustrated with the announcement this week of collaboration between InfoSys and Spirit AeroSystems, a Boeing contractor.

The two companies will set up an aerospace engineering centre in Bangalore.

 

In 2004 74 Indian companies had a market capitalisation of $1 billion. In 2005 that figure rose to 99 as 25 more Indian companies obtained a capitalisation of $1 billion.

The Business Standard has an in-depth article

General Motors (GM) announced on the 2nd Feb 2006 the award a IT contracts to a variety of IT System Integrators. Electronic Data Systems (EDS) received $3.8 billion dollars of the General Motors contract, HP $700 million, awards were also made to Cap Gemini, Covisint and IBM.

Wipro received a contract for a reported $300 million from General Motors. Wipro will integrate the companies Middleware Systems and Information System and Services software tools.

Satyam Computer Services are reported to receive $150 million from work for HP and Cap Gemini. Satyam Computer Services will set up an Automotive Centre of Excellence in Detroit.

AMR Research, a leading supply chain research company has published a report identifying  InfoSys as being in an ideal position to deliver Supply Chain Management (SCM) solutions to clients.

Source: An Executive Guide to Selecting Retail Service Providers