Canada aids RIM as BlackBerry ban looms (Reuters) Posted: 05 Aug 2010 02:54 PM PDT Reuters - Canada said it is talking to Saudi Arabia and the UAE to resolve a fight over BlackBerry security that could jeopardize the growth of Research in Motion Ltd, the country's most important tech exporter. |
Devastating Pakistan floods bear down on south (Reuters) Posted: 05 Aug 2010 12:17 PM PDT Reuters - Raging flood waters bore down on Sindh province, home to Pakistan's commercial hub Karachi, on Thursday after killing at least 1,600 people and leaving four million homeless to the north. |
Tata group may get new chief by March 2011 (Reuters) Posted: 05 Aug 2010 07:07 AM PDT Reuters - Tata group hopes to decide on a successor to iconic chairman Ratan Tata by February or March of 2011, R.K. Krishna Kumar, a director on the board of group holding company Tata Sons, said on Thursday. |
Senior Games officials suspended over corruption (Reuters) Posted: 05 Aug 2010 08:39 AM PDT Reuters - Three senior Delhi Commonwealth Games officials have been suspended over financial irregularities and the case has been handed to the government's financial anti-corruption watchdog, organisers said on Thursday. |
Sehwag strikes two late blows for India (Reuters) Posted: 05 Aug 2010 06:00 AM PDT Reuters - Part-time India spinner Virender Sehwag brought the third test to life with two late wickets to leave Sri Lanka struggling at 45 for two at the close on the third day on Thursday. |
Govt, RBI fighting inflation - Pranab (Reuters) Posted: 05 Aug 2010 07:07 AM PDT Reuters - The government and the Reserve Bank of India (RBI) are working in tandem to bring down inflation though the country still faces upward pressure on prices, its finance minister said. |
India struggles to douse Kashmir's separatist fire (Reuters) Posted: 05 Aug 2010 02:38 AM PDT Reuters - India faces a full-blown separatist uprising in Kashmir that may sink hopes for peace in the strategic region as disaffected Muslim youth rebel against a government seen as leaderless, complacent and out of touch. |
Games treasurer steps down over tennis courts row (Reuters) Posted: 05 Aug 2010 04:51 AM PDT Reuters - Commonwealth Games treasurer Anil Khanna resigned from the post on Thursday amid accusations of having a conflict of interests regarding the company charged with providing the court surfaces for the tennis events. |
Indian Hotels readies 9.6 bln rupees for expansion (Reuters) Posted: 05 Aug 2010 07:48 AM PDT Reuters - Indian Hotels Co Ltd , owner of the Taj luxury chain, will spend nearly 9.6 billion rupees over three years to selectively expand across the globe, Chairman Ratan Tata said on Thursday. |
Indian farmers plan to invest in Zambia - govt (Reuters) Posted: 05 Aug 2010 06:58 AM PDT Reuters - Indian commercial farmers plan to invest in a new model farm in Zambia, according to the government, which seeks to diversify the economy by promoting agriculture as an alternative to copper and cobalt mining. |
RIM headache grows as govts seek BlackBerry access (Reuters) Posted: 05 Aug 2010 09:07 AM PDT Reuters - BlackBerry maker Research in Motion Ltd on Thursday faced more demands to open up its smartphones to government scrutiny as Lebanon joined India, Saudi Arabia and the UAE in raising concerns over security. |
Telecoms min: hopes solution on BlackBerry soon (Reuters) Posted: 05 Aug 2010 01:31 AM PDT Reuters - India has not yet reached an agreement with BlackBerry-maker Research In Motion, the country's telecoms minister said on Thursday, after the government raised security concerns over the popular services. |
Reliance to pay $392 mln for 60 pct in U.S. shale JV (Reuters) Posted: 05 Aug 2010 01:02 AM PDT Reuters - Reliance Industries, India's biggest-listed conglomerate, will aquire a 60 percent stake in a joint venture with Carrizo Oil & Gas at the booming Marcellus Shale region, marking its third shale gas purchase in the United States this year. |
Soccer clubs told to turn pro or face the boot (Reuters) Posted: 05 Aug 2010 12:23 AM PDT Reuters - Indian League (IL) soccer clubs face expulsion from local and regional competitions unless they comply with Asian Football Confederation (AFC) rules. |
Mahindra may bid $400 mln for Ssangyong - sources (Reuters) Posted: 05 Aug 2010 03:58 AM PDT Reuters - Mahindra & Mahindra is planning bid up to $400 million for troubled South Korean automaker Ssangyong Motor, sources said, as it seeks to become a major global utility vehicles maker. |
Food, fuel inflation ease in late July (Reuters) Posted: 05 Aug 2010 12:04 AM PDT Reuters - India's food and fuel inflation marginally eased in the week to July 24, leaving unchanged expectations of further monetary tightening by the Reserve Bank of India (RBI) in the near term. |
RBI: capital a/c opening must be calibrated (Reuters) Posted: 05 Aug 2010 05:39 AM PDT Reuters - Opening of capital account should be calibrated, Duvvuri Subbarao, Governor of the Reserve Bank of India said in a speech on Thursday. |
Q+A - What's happening in troubled Kashmir? (Reuters) Posted: 05 Aug 2010 01:11 AM PDT Reuters - Kashmiri separatist leaders have appealed for calm in the biggest anti-India protests in two years that have killed dozens of people and raised fears that anger at New Delhi was spinning out of control. |
Monsoon 16 pct above normal in past week - Met office (Reuters) Posted: 05 Aug 2010 12:52 AM PDT Reuters - India's vital monsoon rains were 16 percent above normal in the week to Aug. 4, the second highest in the current season, the weather office said on Thursday. |
Airlines eye buoyant December-quarter (Reuters) Posted: 05 Aug 2010 02:01 AM PDT Reuters - India's air carriers, who were battered by shrinking traffic and high fuel costs in the past two years, are now looking forward to an upswing in business, helped by the rebounding economy and events later this year, analysts say. |