India News

May 08, 2008

Telecom Giants Unveil India-Europe Plan

The Europe India Gateway high-bandwidth cable system will cost more than $700 million and will have at least 16 partners.

May 07, 2008

Mital in London for MTN Takeover Talks

Bharti Airtel Chairman Sunil Mittal has gone to London to meet Phuthuma Nhleko, CEO of South Africa's MTN.

May 07, 2008

MTN Would be Prime Catch for India's Bharti

Bharti has denied making a formal bid for South African telco MTN, but the interest is evident, and Singtel could be a possible partner in the bid.

May 06, 2008

Old King Coal Finds New Markets

Indonesian coal miners are raising capital for expansion to meet demand from China, India, and other countries.

May 06, 2008

Valuations for Indian IT Companies Hit New Lows

Companies such as TCS and Infosys have seen big declines in their price-earnings and market cap-to-sales ratios.

May 05, 2008

China Tries Smile Diplomacy with Japan

With China replacing the U.S. as Japan's largest trading partner, Chinese President Hu's visit to Japan this week is aimed at easing strained ties.

May 05, 2008

Ford May Drive Fiesta Compact into India

The U.S. auto major is gearing up for a bigger presence in India, including a flexible engine manufacturing facility by 2010.

May 02, 2008

Essar Makes $1.1 Billion U.S. Deal

The Indian steelmaker finally has the winning bid for rival Esmark and its subsidiary Wheeling-Pittsburgh, beating out Russia's OAO Severstal.

May 02, 2008

Asia is Resilient amid Global Turbulence: S&P

But regional economies still face significant risks to sustained growth and macroeconomic stability in the months ahead.

May 01, 2008

IDC Says Indian IT Revenues to Double by 2012

Including revenues from export markets, the industry will reach $132 billion in 2012, according to market research firm IDC India.

May 01, 2008

Why Samsung and LG Scare Motorola

With a slew of multimedia cell phone models, the Koreans are grabbing market share in both the U.S. and emerging markets.

April 30, 2008

Japanese Carmakers Set to Rebound

Stocks such as Honda's and Mazda's have been rising, probably because global demand remains solid and woes are exchange-rate linked.

April 29, 2008

Deutsche Bank Launches India Property Fund

The new venture, named RREEF India Advisors, will evaluate infrastructure issues when looking at potential real estate deals.

April 29, 2008

Foreign Investors Eyeing India's Tata Teleservices

South Korea Telecom, NTT DoCoMo, KDDI, and China Unicom are among those interested in buying part of the company.

April 29, 2008

Matsushita: Defying the Skeptics

The company is relying on developing markets, and especially BRIC, to meet its ambitious targets for sales of plasma and LCD TVs.

April 28, 2008

Indian IT Companies Eye New Strategies

The focus is on offering high-value services and gaining expertise in niche areas rather than hiring more people.

April 28, 2008

HP, Dell Challenge Asus in Low-Cost Laptops

Dell plans to launch an 8.9-inch laptop for less than $499, while HP's Mini-Note PC will soon be available for $499.

April 28, 2008

Understanding the Global Rice Crisis

What's behind the current food shortages: Is the increase in ethanol production to blame or is hoarding the problem?.

April 25, 2008

Behind the Run on Rice

Despite bumper crops in Vietnam and India, export limits and bans have created a global shortage and driven up prices.

April 23, 2008

AT&T in Talks to Re-enter Indian Cellular Market

The return to the subcontinent could come if the carrier is successful in buying Maxis Communications' 74% stake in Aircel.

April 23, 2008

India Imposes New Rules for Telecom M&A

The maximum market share of any joint venture has been limited to 40% of the country's subscriber base.

April 22, 2008

Wealth Managers Target Overseas Indians

The managers are reaching potential clients with a range of strategies, including joint ventures, distribution agreements, and expansion of operations in India.

April 22, 2008

Why China Needs India's Transparency

The Indian media engage in no-holds-barred competition, protests are accepted, and even the stock market benefits from multiple points of view.

April 22, 2008

IBM Sells Lenovo Shares at a Discount

The sale of $84 million worth of shares, at a 6% discount to the Apr. 21 closing price, cut Big Blue's stake in the Chinese PC maker to 6.2%.

April 21, 2008

India's Top Five Yoga Centers

A guide to India's most famous yoga institutes for the serious student of the practice.