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Ambani patch-up hopes rise, but end long way away

BILLIONAIRE Anil Ambani’s call for an end to a bitter feud with his elder brother Mukesh over the split of the family business empire...

Gold shoots to record high

THE PRICE of gold soared to a record high above $1,060 (£663) an ounce this week, spurred on by a weakening dollar and doubts...

ArcelorMittal still ‘fully committed’ to India

ARCELORMITTAL, the world's largest steelmaker, said today it remained committed to building steel plants in India, but could abandon existing plans and look for...

Reliance dispute may hit investor mood’

FOREIGN firms considering oil and gas exploration in India may be less enthusiastic this year because of global financial problems and the public spat...

Tata to consolidate JLR auto plants

INDIA’S Tata Motors said today it is to consolidate two Jaguar Land Rover (JLR) auto plants in central England by 2014. A spokesman for the...

World Bank unveils loans to India

THE WORLD Bank yesterday announced $4.3bn (£2.6bn) in loans to India, including $2bn (£1.2bn) for the banking sector, to help strengthen its economy amid...

Indian inflation returns as food prices surge

SURGING food prices have driven India into inflation faster than expected, adding pressure on the central bank to speed an exit from easy monetary...

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