Maoist leader Kishenji likely killed in West Bengal (Reuters) Posted: 24 Nov 2011 11:32 AM PST Reuters - Security forces likely killed top Maoist military commander Koteshwar Rao in a West Bengal jungle on Thursday, the government said, striking a major blow to fighters who control large, impoverished but mineral-rich swathes of the country. |
India opens door to foreign supermarket chains (Reuters) Posted: 24 Nov 2011 02:52 PM PST Reuters - India threw open its $450 billion retail market to global supermarket giants on Thursday, approving its biggest reform in years that may boost sorely needed investment in Asia's third-largest economy. |
Culture, family triumph in Tata quest for successor (Reuters) Posted: 24 Nov 2011 08:57 AM PST Reuters - Culture and continuity have prevailed in the Tata Group's search for a new chairman to head India's biggest business house. |
Egypt army picks new PM, protesters plan mass rally (Reuters) Posted: 24 Nov 2011 03:47 PM PST Reuters - Egyptian former prime minister Kamal Ganzouri accepted a request from the ruling generals to form a new government, state media reported, but protesters brushed away their choice and vowed to hold another mass rally on Friday to demand the army quit power. |
Sachin Tendulkar closing in on 100th hundred (Reuters) Posted: 24 Nov 2011 05:48 AM PST Reuters - Sachin Tendulkar was on course for his 100th international century while Rahul Dravid completed a milestone to lead India's strong reply in the third and final test against West Indies on Thursday. |
RBI okays Air India's loan tenure extension - sources (Reuters) Posted: 24 Nov 2011 06:59 AM PST Reuters - MUMBAI (Reuters) The RBI has approved extension of the tenure of loans to troubled state-run carrier Air India by five years with the loans now being due for repayment after 15 years, two sources with direct knowledge of the matter told Reuters. |
Time catches up with India's traditional bazaars (Reuters) Posted: 24 Nov 2011 09:25 AM PST Reuters - Foreign supermarket giants eyeing India may see rich pickings at New Delhi markets like Karol Bagh, where shoppers must negotiate a plethora of dubious-looking power lines, stinking rubbish piled high on sidewalks and cars parked three deep. |
Vikram Akula, India's microfinance pioneer, faces flak (Reuters) Posted: 24 Nov 2011 05:04 AM PST Reuters - When Vikram Akula came to speak at the World Economic Forum's India Summit in New Delhi last year, it was clear that the once-thriving banker to the poor was beginning to lose his sheen. |
Food inflation at 9.01 pct y/y on Nov 12 - govt (Reuters) Posted: 23 Nov 2011 11:39 PM PST Reuters - India's food price index rose 9.01 percent and the fuel price index climbed 15.49 percent in the year to Nov. 12, government data on Thursday showed. |
Chappell against wholesale dumping of seniors (Reuters) Posted: 24 Nov 2011 02:27 AM PST Reuters - Australia have several good young players at their disposal but must resist the temptation to pick too many at the same time, former captain Greg Chappell said on Thursday. |
Metro says India focus remains cash & carry (Reuters) Posted: 24 Nov 2011 08:42 AM PST Reuters - World No.4 retailer Metro said India's decision to open up its supermarket sector for foreign players did not mean it would seek to introduce its Real brand to the country. |
Govt approves companies bill - minister (Reuters) Posted: 24 Nov 2011 06:45 AM PST Reuters - The cabinet has approved a new companies bill, a minister who did not want to be identified said on Thursday, in a step towards improving transparency and regulation of business houses in Asia's third-largest economy. |
Aviation min says in talks with RBI on Air India (Reuters) Posted: 24 Nov 2011 05:48 AM PST Reuters - The central government is in talks with the Reserve Bank of India (RBI) on providing relief to the cash-strapped national carrier Air India, Civil Aviation Minister Vayalar Ravi told Reuters on Thursday. |
AerCap to take back two jets from Kingfisher (Reuters) Posted: 24 Nov 2011 12:34 AM PST Reuters - India's Kingfisher Airlines, the country's third largest by market share, said on Thursday lessor AerCap Holdings NV would take back two of its aircraft in coming months as both the companies could not agree on extension terms. |
Plan to open retail sector hangs in balance (Reuters) Posted: 24 Nov 2011 05:34 AM PST Reuters - The central government's plan to open India's supermarket sector to global retailers hung in the balance on Thursday, with political opposition to the long-delayed reform mounting as the cabinet began a meeting called to approve it. |
China gameplan in question as Obama pivots to Asia (Reuters) Posted: 24 Nov 2011 04:35 AM PST Reuters - China's leaders, upstaged by President Barack Obama's "pivot" to Asia, may hope they end up resembling famed basketball player Yao Ming, who while not as nimble as his rivals, smothered them with his size and doggedness. |
Mukherjee says expects inflation to moderate (Reuters) Posted: 24 Nov 2011 12:47 AM PST Reuters - India's inflation is expected to moderate if the current easing trend in weekly food and fuel prices continues, Finance Minister Pranab Mukherjee said on Thursday after the latest weekly inflation figures showed food inflation at a nine-week low. |