Ratan Tata’s legacy, Cyrus Mistry’s challenge
byNew Delhi: As Ratan Tata steps down as chairman of India’s largest industrial house Friday, he leaves behind for his successor at Bombay House, Cyrus…
Economy
Another World Bank funded road contract to Chinese Company faces termination
byShimla: Troubled contract obligations with a Chinese government backed infrastructure company for a World Bank funded another road project is headed for termination, (the…
8 Indians among world’s best performing CEOs
byWashington: Eight Indian CEOs have made it to Harvard Business Review’s (HBR) list of 100 best performing global chief executives headed for the last 17…
India, Russia sign 10 pacts, progress on nuke front
byNew Delhi: Bolstering their multi-faceted ties, India and Russia Monday signed 10 agreements in diverse areas and made “good progress” in resolving related to the…
India suffered worst slowdown in decade despite reforms push (2012 in Retrospect)
byNew Delhi: The Indian economy suffered its worst slowdown in almost a decade, with the country even facing the ignominy of a ratings downgrade, which…
Cambodian PM asks $57 mn loan from India
byPhnom Penh: Cambodian Prime Minister Hun Sen asked for $57 million concessional loan from India for two development projects and urged India to consider direct…
Developed world looks at India for investment, trade : US report
byWashington: As the global centre of economic growth moves to Asia, India has captured the attention of developed economies looking for new investment and trade…
Morgan Stanley fined $5 mn over Facebook IPO
byNew York: Morgan Stanley, the main underwriter for Facebook’s initial public offering (IPO), has agreed to pay $5 million to Massachusetts’ securities regulators as it…
UN reports ‘sharp slowdown’ of world trade
byWashington: The UN has reported a “sharp slowdown” of world trade, attributing the decelerating global trade growth to “a declining import demand” in Europe and…
Britain may opt out of EU, says Cameron
byLondon: British Prime Minister David Cameron has admitted for the first time that he was imagining the country quitting the European Union (EU). He mentioned…