India Business

India Business

India sets up elaborate system to tap phone calls, e-mail

INDIA has launched a wide-ranging surveillance programme that will give its security agencies and even income tax officials the ability to tap directly into...

India cuts petrol prices, stems political outcry

INDIA’S state-run oil refiners have said that they would cut petrol prices by more than three per cent which could ease near double-digit inflation...

Small investors shun Bharti Infratel IPO

SMALL investors largely shunned an IPO by the tower arm of Indian telecom firm Bharti, aimed at raising $845m (£521.53), but the issue was...

TCS profit jumps 44 per cent, beats estimates

INDIA’S biggest software exporter TCS said on Friday (October 19) its quarterly net profit jumped 44 per cent, beating estimates, as outsourcing orders rose...

India sets rules for foreign investment in e-commerce sites

INDIA has set rules for foreign investment in online marketplaces, allowing up to 100 per cent overseas ownership and providing much-needed clarity as billions...

Drogba fever in India, the business perspective

FOOTBALL in India is seen as a young sport and continues to grow apace, several leading business figures including Peter Kenyon, Chelsea's chief executive...

IndiGo to raise $400m through stock market

INDIA'S biggest airline by market share, IndiGo, is preparing to file a draft prospectus by May for a stock listing to raise $300m to...

Ratan Tata hands over reins of empire

INDIAN industrialist Ratan Tata retires on his 75th birthday this week, handing over the reins of his sprawling business empire after decades at the...

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....

India to defer controversial GAAR norms to April 2016

THE government will delay by two years implementation of controversial rules on tax avoidance to 2016, Finance Minister P Chidambaram said on Monday (January...