(NEW DELHI) India has asked the World Bank to give it a loan of US$5.2 billion for two years to June 2010 to help fight an economic slowdown, Acting Finance Minister Pranab Mukherjee said yesterday.
Thursday, February 26, 2009
Wednesday, February 25, 2009
India eases takeover rules, paving way for Satyam sale
(MUMBAI) India amended takeover rules for companies where the government replaces the board to save them from collapse, paving the way for Satyam Computer Services Ltd's state-appointed board to sell a stake to a strategic investor.
Tuesday, February 24, 2009
India wants to prevent auction of Gandhi items
(NEW DELHI) The Indian government is drawing up plans to prevent several of Mahatma Gandhi's personal possessions from being sold at auction in New York, an official said yesterday.
Sunday, February 22, 2009
Indians clear out their old gold as world prices soar
(NEW DELHI) India's imports of gold have collapsed as people rush to sell their jewellery and coins to take advantage of soaring world prices for the precious metal.
Friday, February 20, 2009
India in two minds about Slumdog's popularity
(MUMBAI) It's heartening to see Slumdog Millionaire tipped for so many Oscars this week - all the more so because the movie has truly captured the essence of Mumbai, a manic and intoxicating city.
Thursday, February 19, 2009
Economy, inflation major issues for Indian voters
(NEW DELHI) The economy is the biggest concern for Indian voters ahead of a parliamentary election expected in April and May, according to a nationwide poll released on Tuesday.
Tuesday, February 17, 2009
No plans to probe other Indian software firms
(MUMBAI) India does not plan to investigate any other software companies following its inquiry into an admission of fraud by Satyam Computer Services Ltd's former chairman and the sacking of the board by the government.
Sunday, February 8, 2009
Economists less rosy on India's outlook
(NEW DELHI) While India has been talking up its economic prospects to world leaders in Davos, economists are becoming gloomier about the outlook for Asia's third-largest economy as the global downturn takes its toll.
Thursday, February 5, 2009
Sterlite said to be close to acquisition of US miner Asarco
(WILMINGTON, Delaware) Sterlite Industries (India) Ltd, India's largest copper producer, is close to signing a contract to buy Asarco LLC, potentially ending the US miner's four-year- old bankruptcy, two people involved in the talks said yesterday.
Wednesday, February 4, 2009
The chief says he 'screwed up' in choice of Daschle
(WASHINGTON) At the end of only its second full week in office, President Barack Obama's administration has slammed into Washington's unforgiving politics, as two key government nominees withdrew under a cloud of tax problems on Tuesday.
Tuesday, February 3, 2009
India may relax takeover rules for Satyam: reports
(MUMBAI) India's market regulator will consider relaxing takeover rules for an open offer in Satyam Computer Services to help the fraud-scarred outsourcer attract suitors, two newspapers said yesterday, without naming any sources.
Sunday, February 1, 2009
India keeps wary eye on US policy changes
(NEW DELHI) With US President Barack Obama still in the early days of his presidency, India is keeping a wary eye on policy changes that could irritate what has become a key strategic relationship.
Subscribe to:
Posts (Atom)
