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Satyam seeks delisting from NYSE

INDIA’S fraud-hit software firm Satyam Computers has said it plans to delist from the New York stock exchange as it may not be able...

US, India in mega defence deal

INDIA and the US are likely to sign a $3.5bn (£2.23bn) defence deal, the biggest ever between the two countries, a report said today....

Sweden’s Ikea plans to double India-sourced goods

SWEDISH home furnishings giant Ikea said yesterday it aimed to double the value of goods it sources from India as it pitched for New...

Soros warns on gold rally, says nothing safe

BILLIONAIRE financier George Soros said yesterday that gold prices might continue to rise after hitting record highs this week but he renewed a warning...

RBI to look into deregulation of interest rate on savings

THE RESERVE Bank of India today said it will soon set up a working group to examine the possibility of deregulation of interest rates...

Carrefour says it will open first Indian outlet by November

FRENCH supermarket giant Carrefour said on Friday (September 3) it would open its first wholesale store in India by November, joining other foreign chains...

Sunil Mittal’s son joins Bharti Airtel, fuels succession talk

BHARTI Airtel, India’s No.1 mobile operator, appointed the son of its billionaire founder-chairman as a manager, raising speculation he was being groomed for a...

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