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Reuters

Industrial output growth accelerates in September

General

12 November, 2013

Industrial output growth accelerates in September

India's industrial production growth picked up to 2 per cent year on year in September, from a revised reading of ......

Petronas nears deal to sell Canada shale stake to Indian company

Infrastructure

12 November, 2013

Petronas nears deal to sell Canada shale stake to Indian company

Malaysia's Petronas is close to selling a stake in its Canadian shale gas assets to an Indian company as it ......

October trade deficit jumps, but trends seen positive

General

11 November, 2013

October trade deficit jumps, but trends seen positive

India's trade deficit jumped in October, rebounding from a 2-1/2 year low the previous month, as purchases of gold picked ......

Government targets $2.3B asset sales by year-end

General

11 November, 2013

Government targets $2.3B asset sales by year-end

India has revived plans to sell stakes in two state-owned companies to raise about $2.3 billion to boost public finances, ......

Twitter shares soar in frenzied NYSE debut, ends day 1 with market value of $24.5B

TMT

08 November, 2013

Twitter shares soar in frenzied NYSE debut, ends day 1 with market value of $24.5B

Twitter Inc shares jumped 73 per cent in a frenzied trading debut that drove the seven-year-old company's market value to ......

RBI allows expanded foreign bank presence in new rules

General

07 November, 2013

RBI allows expanded foreign bank presence in new rules

The Reserve Bank of India (RBI) said it will treat foreign banks operating in the country on nearly equal terms ......

ECB cuts rates to new low after inflation tumble

General

07 November, 2013

ECB cuts rates to new low after inflation tumble

The European Central Bank cut interest rates to a new record low on Thursday, responding to a slump in inflation ......

Telecom panel recommends hike in auction reserve price

TMT

06 November, 2013

Telecom panel recommends hike in auction reserve price

A government panel on Wednesday recommended raising the reserve price for mobile phone spectrum auctions by 15 per cent more ......

Cognizant beats estimates as Obamacare boosts revenue

TMT

06 November, 2013

Cognizant beats estimates as Obamacare boosts revenue

IT services firm Cognizant Technology Solutions Corp reported a better-than-expected 22 per cent rise in revenue, helped by contracts from ......

Services slump eases, but growth remains elusive: PMI

TMT

05 November, 2013

Services slump eases, but growth remains elusive: PMI

Indian services firms recovered slightly last month from the worst slump in over four years in September but activity still ......