Glenmark's Expansion in Brazil (March 13, 2007)
Glenmark Pharmaceuticals is planning to double the production capacity and headcount of its manufacturing unit in Brazil in two years and use this production to reach South American markets.<More>

IBSA Sets Goals (September 19, 2006)
With the end of the India-Brazil-South Africa (IBSA) first summit in Brazil , the world’s largest democracies in developing countries set common goals in the world’s political, economic, and social forums and promised better calibration of policy making..<More>

India Disagrees with IMF Quotas  (September 19, 2006)
India, Brazil, Argentina, and Egypt vociferously objected to International Monetary Fund’s (IMF) “quota calculation formula” as it “is opaque and flawed” and “reforms are possible only if” the “final outcome” is defined “followed by genuine consultations.”.<More>

India , Brazil Take “Gigantic Step” (September 13, 2006)
Visiting Prime Minister Manmohan Singh and Brazilian President Luiz Inacio Lula da Silva signed a set of agreements on trade, technology, and agriculture and agreed to develop their bilateral relations into a strategic partnership.<More>

IBSA Trade Rises Dramatically (September 12, 2006)
Calling the India-Brazil-South Africa (IBSA) grouping an “emerging trinity in the new geography of international trade,” United Nations Conference on Trade and Development (UNCTAD) values the intra and inter regional trade close to USD 10 billion for 2007.<More>

ONGC Pitches Brazil Stake (March 20, 2006)
In a first ever foray into Brazil, Oil & Natural Gas Corporation (ONGC) has pitched to acquire a 30% stake in the Campos Basin oilfield valued at USD 400 million.<More>