India
- October 17, 2007
India’s main stock market took a big hit after Wednesday’s opening on concerns of curbs on overseas funds flow but bounced back and closed with a small loss. The Bombay Stock Exchange’s 30-share Sensex, which was down more than ...
India's economy may eclipse U.K., U.S.
January 25, 2007MUMBAI, Jan. 24 (UPI) -- India is on track to overtake Britain as the world's No. 5 economy within a decade and surpass the United States by mid-century, an investment-bank report says. India's economy would only be exceeded by that of China, the Goldman...
Dutch investors vote Indian tycoon Lakshmi Mittal top for 2006
January 05, 2007Amsterdam (dpa) - Indian steel tycoon Lakshmi Mittal has been voted investors' favourite of the year in an internet poll taken by the Dutch Investors Association (VEB) and published Friday. Mittal, 56, who is based in London, received 18.6 per cent...
Foreign direct investment in India doubles during 2006
December 27, 2006New Delhi (dpa) - India received record foreign direct investment (FDI) in 2006, with equity inflows expected to top 11 billion dollars, more than double the 5.5 billion dollars of inflows last year. Commerce and Industry Union Minister Kamal Nath...
India may open segments of retail sector to foreign investment
December 27, 2006New Delhi (dpa) - India is considering opening some segments of its retail sector to foreign investment, news reports said Wednesday. The Commerce Ministry has begun consultations regarding opening segments such as electronics, stationery, sporting...
Indian stock markets continue nosedive
December 12, 2006New Delhi (dpa) - Sensex, India's benchmark stock index, which brushed past the 14,000 mark only a week ago, closed below 13,000 on Tuesday, with a massive drop of more than 1,000 points amid a tightening of monetary policy and an industrial slowdown...
Indian-Brazilian bidding war for steelmaker Corus
December 11, 2006London (dpa) - India's Tata Steel and Brazil's CSN traded rival bids Monday in a battle for Anglo-Dutch steelmaker Corus aimed at creating the world's fifth-largest group in the sector. Corus' board backed each increased bid as it came in, and the...
Anglo-Dutch Corus accepts revised bid from India's Tata Steel
December 11, 2006London/Amsterdam (dpa) - Anglo-Dutch steelmaker Corus announced late Sunday it was accepting a revised bid from India's Tata Steel that values Corus at 4.7 billion pounds (9.2 billion dollars). Tata would pay 500 pence a share for Corus, topping an...
Intel to begin manufacturing in India
November 03, 2006The world's largest chip maker Intel Corp., is waiting for India to form its semiconductor policy before deciding on plans to begin manufacturing in the country, company officials said on Friday. "We are eagerly awaiting the publication of the...