Pune-based Automotive Research Association of India (ARAI) is expanding its operations in overseas markets in the countries like China&nbsp;and&nbsp;South Korea.&nbsp; Also, in talks with Singapore, South Africa, Malaysia and Indonesia.

ARAI enters into overseas markets 

Business Standard

Indian spice traders and producers are facing challenges like food safety, sustainability and traceability. Food safety regulations are affecting spice exports especially to the countries like Germany, France, England, Japan and Australia.&nbsp;India is biggest producer and exporter of spices in the world.&nbsp;As the regulations varies from country-to-country, it is becoming hard to maintain all the required standards.

Food safety issues worry Indian spice industry

Nichrome India Limited, a packaging machinery manufacturer and a player in VFFS machines in India, is focusing on agricultural packaging sector and expanding its base across India. Over 80 per cent of the seed packaging in India is done using Nichrome Machinery, the company claims. In every season including rabi or kharif, Nichrome machines manage to pack around 50 million pouches.

Nichrome to focus on agro- packaging business

Despite 1300 job cuts globally, Finland's IT major Tieto Corporation is planning to restructure the business and may exit some unprofitable markets. Tieto will downsize 1,300 jobs including about 500 in Finland and 300 in Sweden. The company is planning to save over 50 million euros in annual costs by cutting these jobs.

Despite job cuts, Tieto focuses on strategy revamp

Samsonite India, a premium manufacturer for travel bags, is on an expansion mode. In the year 2012, the company is setting up 50 new stores. As a part of the expansion, Samsonite has already launched ten stores in Pune during the last ten months. Samsonite will soon open its 300th Store in India in April 2012 .

Samsonite to add 50 more stores in 2012

Sas, a leader in business analytics is ranked number three on Fortune&rsquo;s Best Places to Work in the US. The company has recorded double digit revenue growth in 2011 (12 per cent). Sas India is not an exception. It holds 50 per cent market share of the Indian analytics market and 30 per cent globally.

Sas never had job cuts over the last 15 years: Sudipta Sen

Due to the economic slow down in Spain, the companies there are finding new ways to expand their businesses. The Spanish firms are looking for the options beyond Europe. Recently, Mondragon, a Spanish firm has invested Rs 34 crore in in Sherwal, 60-kms from Pune.

Hrishikesh Joshi