 | Indian shares crashed Monday and fell by more than 3 percent, following an unexpected hike of short-term interest by the central bank to contain inflation.
After market hours Friday, the Reserve Bank of India had increased its short-term lending... More |
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 | Hyundai Motor India Ltd (HMIL), a wholly-owned subsidiary of South Korea's Hyundai Motor Co, Monday launched its new Getz Prime in the compact passenger car segment with an eye on Europe.
Getz Prime, which will be made in HMIL's plant near... More |
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 | Leading private mobile service operator Bharti Airtel Monday announced the slashing of its international call tariffs by up to 11 percent.
The reduced rates will be effective from April 1, the company said in a statement.
The move comes... More |
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 | Indian language news channel India TV has attracted an investment of $11.5 million from FUSE+Media, an affiliate of leading international venture fund ComVentures.
FUSE+Media has invested in India TV through Mauritius-based CV Global Holdings.... More |
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 | Even as the People's Democratic Party (PDP) workers celebrated the announcement of an expert panel to address the demands raised by the party, including on troops withdrawal, others, including many locals, said it was still a wait-and-watch... More |
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 | India should reduce "high" import duties on wines and spirit to enable more investments by French wine companies, said French Trade Minister Christine Lagarde Friday here.
"We are facing huge tariff and non-tariff barriers, which is why only... More |
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 | With new offers for the proposed Rs.15 billion Smart City in Kochi coming its way, the Kerala government is awaiting a final response from Dubai Internet City (DIC) officials on the project.
Joseph C. Mathew, IT advisor to Chief Minister V.S.... More |
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 | Tata Power Co Ltd, one India's leading private power utilities, Saturday announced its acquisition of 30 percent equity in two Indonesian thermal coal plants.
Owning the two Indonesian companies - PT Kaltim Prima Coal and PT Arutmin Indonesia -... More |
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 | The Foreign Investment Promotion Board (FIPB) Thursday once again deferred its decision to take a call on the alleged breaching of FDI norms by Hutch-Essar stakeholders Asim Ghosh and Analjit Singh and British telecom giant Vodafone PLC.
The... More |
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 | Automobile giant BMW Thursday inaugurated its euro-20-million assembly plant near Chennai amid chanting of Vedic hymns and lighting of lamps, as part of its "major investment" plans treating India as an important base.
"India offers big... More |
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