Shares in Kingfisher Airlines(KING.BO) rose as much as 3.5 percent on Wednesday after the second-largest Indian private-sector carrier's board approved raising up to $1 billion to pare high debt.

As U.S. companies shed millions of workers during the recession, the CEOs who laid off the most people brought home pay that was significantly higher than that of their peers, a study released...

India's exports rose for the ninth straight month in July, growing an annual 13.2 percent to $16.24 billion, government data on Wednesday showed.

The BSE Sensex provisionally fell 0.5 percent on Tuesday, dragged down by weak world equities, with Reliance Industries(RELI.BO) leading the losses.

Dell Inc(DELL.O) is widely expected to bow out of a bidding war with Hewlett-Packard Co(HPQ.N) for data storage company 3PAR I...

India's economy grew at its fastest clip in nearly three years in the quarter through June on strong manufacturing growth and farm output that may keep the Reserve Bank on its policy tightenin...

Hero Group said on Tuesday a television report that Japan's Honda Motors(7267.T) was selling its stake in motorcycle joint venture Hero Honda(HROH.BO) was incorrect.

Japanese shares jumped over 3 percent while the yen fell as the Bank of Japan held an emergency meeting to curb a rise in the Japanese currency that is threatening a fragile economic recovery.

Carrier Kingfisher Airlines Ltd said on Monday its board will meet on Aug. 31 to consider raising funds through various means including an issue of shares or preference shares and global deposita...

The rupee should strengthen on Monday morning tracking a rise in most Asian share markets, but the dollar's gains versus majors will keep traders wary.

Investors returning to the markets as the northern hemisphere's summer comes to a close in the coming week face an unusual, but not unique, situation.

Hewlett-Packard Co raised its offer for 3PAR Inc to $2 billion, once again topping Dell Inc's bid and showing it had plenty of ammunition in a bidding war for the data storage company.

A host of weak economic data has led economists to hastily scale back forecasts for U.S. growth and increase expectations the world's largest economy will fall back into recession, a Reuters poll...

Shares in India's Tata Power Co dropped more than 1 percent on Friday morning, after a source told Reuters late on Thursday the utility was in talks to buy a stake in U.S.-based power utility Int...

Any solution provided by Research in Motion, makers of BlackBerry smartphones, must pass through field trials to satisfy India's security concerns, a senior government source said on Friday.

Google Inc launched a website on Thursday for users who want to sift through news, comments and other information on the Internet in real time, letting them follow conversations on social network...

The BSE Sensex rose 0.4 percent in early trade on Thursday, with Reliance Industries and ICICI Bank leading the rise, taking cues from firm Asian markets.

The Indian car unit of Honda Motor Corp has not yet decided on starting assembly operations at its second manufacturing unit in Rajasthan, a senior official said on Thursday.

Google Inc said users of Gmail will now be able to call telephones directly from their email, putting it in direct competition with Web calling service Skype and more traditional operators such a...

The BSE Sensex was down 0.2 percent in early trade on Wednesday, in line with weak Asian markets, with Reliance Industries leading the decline.

A passenger plane overshot a runway while landing at a new airport in northeast China late on Tuesday, bursting into flames and killing 42 people of 96 on board, the nation's worst air disaster since 2004.

Asian stocks fell on Wednesday, with Japan's Nikkei at a 16-month low, as investors sold riskier assets after a spate of worrying U.S. economic data, while the yen slipped from a 15-year high on a report Tokyo was considerin...

India's gold demand in the quarter to end June inched up to 164.5 tonnes from 164.2 tonnes a year ago, data from the World Gold Council showed on Wednesday.

The BSE Sensex rose 0.2 percent in early trade on Monday, with Mahindra and Mahindra leading the rise after the utility vehicle maker said it signed a memorandum of understanding to buy a majorit...

Indian Overseas Bank on Saturday said its board has approved raising the benchmark prime lending rate (BPLR) by 50 basis points to 12.50 percent.

Arjun Atwal became the first Indian and just the sixth Asian-born player to win on the PGA Tour when he secured a one-stroke victory at the Wyndham Championship on Sunday.

Indian utility vehicles maker Mahindra & Mahindra said on Monday it had signed a memorandum of understanding to buy a majority stake in troubled South Korean automaker Ssangyong.

The BSE Sensex fell 0.4 percent early on Friday, a day after hitting 30-month highs, as fresh U.S. data amplified concerns about the world's largest economy and depressed Asian markets.

Billionaire financier George Soros has bought a 4 percent holding in Bombay Stock Exchange for about $35 million, two sources with direct knowledge of the deal told Reuters on Friday, valuing the...

Asian stocks fell on Friday and the yen threatened to hit 15-year highs in the wake of disappointing U.S. data that heightened worries about slackening growth in the world's largest economy.

The BSE Sensex rose to its highest level in two-and-a-half years early on Thursday, with Larsen & Toubro and Reliance Industries leading the rise, taking cues from firm Asian markets.

State-run Oil India Ltd is planning to buy shale gas assets in the United States in partnership with GAIL India, the DNA newspaper reported on Thursday quoting an unidentified official in the fir...

Tata Motors plans to raise $700 million through an issue of shares with differential voting rights, the DNA newspaper reported on Thursday, citing industry sources.

The BSE Sensex rose 0.3 percent early on Wednesday, with Infosys Technologies and HDFC Bank leading the rise, taking cues from firm global markets.

Sri Lanka Cricket has apologised to India opener Virender Sehwag after he was denied a century by Suraj Randiv's no-ball in their tri-nations one-dayer at Dambulla on Monday.

Shares of hair oil producer Bajaj Corp listed at 780 rupees on the BSE on Wednesday, 18.18 percent higher from its issue price of 660 rupees.

Research In Motion (RIM.TO) (RIMM.O) has assured India of limited access to BlackBerry instant messages by Sept. 1, and promised talks this week on monitoring its more secure corporate email, a government source said on Monday.

ICICI Bank, India's second-largest lender, said it was raising its lending rates by 50 basis points from Wednesday, in line with the Reserve Bank of India's tightening policy.

The BSE Sensex was up 0.4 percent in early trade on Tuesday, with financials leading the rise in line with mostly higher Asian stocks.

World stocks fell for the fifth day on Monday and U.S. 10-year bond yields hit a 16-month low as far weaker than expected growth numbers from Japan added to concerns over a faltering global economic recovery.

The BSE Sensex provisionally closed 0.7 percent lower on Monday, hurt by weak global markets, with financials leading the decline.

A government panel said on Monday UK-based mining group Vedanta Resources Plc should not be given permission for bauxite mining in Orissa.

U.S. stock investors will brace for further signs of weakness in the U.S. recovery next week as earnings from key retailers are expected.

Four people were killed and 10 wounded in Kashmir on Friday as police fired at thousands of demonstrators, the latest deaths in the two month-long protests against New Delhi's rule in the region....

Oil rebounded above $76 a barrel on Friday on bargain hunting, recovering from the steepest three-day decline since mid-May after support at $75 held.

When it comes to Indian businesses, The Tata Group is the oldest and best-known: the conglomerate owns the luxury Jaguar car brand, it's made the world's cheapest car, and its chairman, 72-year-old Ratan Tata, oversees an em...

India may shut down Google and Skype Internet-based messaging services over security concerns, the Financial Times reported on Friday, as the government threatened a similar crackdown on BlackBe...

India may temporarily shut down BlackBerry services if security concerns are not addressed in a Thursday meeting of telecom officials and operators, the latest global headache for smartphone maker Research in Motion....

India's annual monsoon rains were about a quarter below normal in the past week, the weather office sources said on Thursday, its first fall in three weeks.

Food price index rose 11.40 percent in the year to July 31, while the fuel price index climbed 12.66 percent, government data released on Thursday showed.

A run-a-ball record fourth wicket partnership of 190 by captain Ross Taylor and Scott Styris guided New Zealand to a thumping 200 run victory over India in the opening match of the one-day tri-se...

The rupee dipped to its lowest in nearly two weeks on Wednesday as a fall in regional share prices raised concerns whether robust capital inflows would sustain for the rest of the year.

Bharti Airtel(BRTI.BO), India's top mobile operator, on Wednesday reported a 32 percent fall in quarterly profit, including its African operations which it acquired in June in a $9 billion ...

The BSE Sensex rose 0.8 percent on Monday to test a fresh 2-½ year high, with financials leading the charge, supported by firm world equities.Financials marched ahead as investors placed ...

Teams from the Navy and the Coast Guard were attempting to contain an oil spill off the coast of Mumbai on Monday after a collision between two cargo ships, with concerns rising that the slick ma...

More than 300 foreign tourists are stranded in Himalayan region of Ladakh, three days after flash floods killed at least 150 people and ravaged the main town of Leh, officials said on Monday.

Google Inc, which runs the world's most popular Internet search engine, was ordered to defend itself against a lawsuit by a former manager who said he was fired for being too old, clearing the way for a trial.

From leaking venue roofs to inflated orders of taxis and mobile toilets, rows over New Delhi's Commonwealth Games have prompted Indian soul-searching and piled pressure on the embattled ruling Congress party.

Overnight flash floods killed at least 58 people around the main town of India's Himalayan region of Ladakh, officials said on Friday, adding soldiers had been called in for rescue operations.

Maruti Suzuki may manufacture cars for German auto firm Volkswagen's global market on a contract basis, three newspapers said on Thursday, citing Maruti's managing director.

Indian energy major Reliance Industries will pay $392 million to take a 60 percent interest in a joint venture with Carrizo Oil & Gas, its third shale gas acquisition in the United States thi...

The BSE Sensex rose 0.3 percent in early trade on Thursday, with outsourcers and Reliance Industries leading the rise, tracking firm Asian markets.

Apple Inc  Chief Financial Officer Peter Oppenheimer faces a dilemma that perhaps every finance chief wishes to have: obscene amounts of cash and nowhere to put it.

The BSE Sensex shrugged off weak Asian markets and nudged higher on Wednesday, propelled by export-led outsourcers after better-than-expected results and guidance from rival Cognizant Technology ...

Parts of northwest Pakistan inundated by the worst floods in 80 years face life-threatening food shortages, a United Nations aid agency said on Wednesday.

The BSE Sensex was hovering near 2-½ year highs on Tuesday, trading 0.1 percent higher tracking small gains in Asian stocks, with ICICI Bank leading the rise.

Kashmir chief minister Omar Abdullah flew to the capital on Monday calling for urgent reinforcements to end the worst anti-government violence in two years in which more than 30 people have died.

At least four people were killed and 50 wou...

President Barack Obama vowed on Monday to make good on his promise to end U.S. combat operations in Iraq by the end of August, despite a dangerous political deadlock in Baghdad and a recent surge in militant violence....

An index based on a nationwide survey of business executives conducted for HSBC dropped to 49.4 from 50.4 in June.

More than a million BlackBerry users may have key services in Saudi Arabia and the UAE cut off after authorities stepped up demands on smartphone maker Research In Motion for access to encrypted messages sent over the device.BlackBerry's Messenger...

The BSE Sensex extended gains to 1 percent on Monday morning, helped by strong quarterly earnings, robust manufacturing data and firm Asian equities.

BP Plc is seeking to sell its German petrol station chain Aral for around 2 billion euros ($2.6 billion), German magazine Wirtschaftswoche reported on Saturday, citing investment bankers familiar...

ICICI Bank, India's No. 2 lender, met analysts' expectations with a 17 percent increase in quarterly profit, bolstered by rise in fee income and reduction in bad loan levels in a fast-growing eco...

Google Inc said its earlier report that Internet search services in China were being fully blocked could have been the result of a technical glitch that overstated the problem.

Google sh...

The Reserve Bank of India's key policy lending rate may be raised to 6.25 percent by December and 6.75 percent by mid-2011, Credit Agricole said on Thursday.

Parliament proceedings began with loud demands for a discussion on the price rise issue in the Rajya Sabha and the Upper House was adjourned within minutes till 12 noon.

The satara unit of Shiv Sena on Wednesday stopped a milk tanker on the Satara-Pune road and drained lakhs of litres of milk on the streets.

Two days ago, the Sena had stopped five more tankers in Satara and had done the same - spill...

The West Bengal government on Wednesday formally issued a rehabilitation package for Maoists who wish to come overground.

HCL Technologies has posted a net profit of Rs 237.82 crore for the quarter ended June 30, 2010 as compared to Rs 192.94 for the quarter ended June 30, 2009.

NEW DELHI (Reuters) - NIIT Technologies Ltd on Wednesday said quarterly profit rose 57 percent on increase in high margin contracts, lower depreciation and tax reliefs, and expects business to improve in 2010/1...

FRANKFURT, May 3 (Reuters) - International bankers welcomed agreements by the European Union and the International Monetary Fund (IMF) over the weekend to bail out debt-stricken Greece and promised to do their share to support the measures.

By Lefteris Papadimas and Jan Strupczewski

ATHENS/BRUSSELS (Reuters) - European nations aim to formally launch the biggest ever financial bailout of a country this week, hoping to calm ma...

NEW DELHI (Reuters) - Domestic fund managers plan to further increase their exposure to equities in the next three months, with financials and capital goods topping their list of sector picks, a Reuters poll sh...

By Lefteris Papadimas and Dina Kyriakidou

ATHENS (Reuters) - Greece readied severe austerity measures on Thursday to secure a multi-billion-euro aid package and avoid debt default, provid...

NEW DELHI (Reuters) - India's industrial output in March is expected to maintain around 15 percent year-on-year growth, industry secretary R.P. Singh said on Friday.

In F...

By Lucia Mutikani

WASHINGTON (Reuters) - U.S. economic growth probably slowed in the first quarter, data is expected to show on Friday, but resurgent consumer spending should offer eviden...

NEW DELHI (Reuters) - India's annual food price inflation eased in mid-April, but fuel price inflation quickened maintaining an upside pressure on the wholesale price index that could prompt further monetar...

MUMBAI, April 29 (Reuters) - Wall Street bank Goldman Sachs (GS.N: Quote, Profile, Research) is poised to hire a board member of India's ICICI Bank (ICBK.BO: Quote, Profile, Research) as co-CEO for India, a source with direct knowledge of the matt...

By Ami Shah

MUMBAI (Reuters) – The BSE Sensex nudged up 0.7 percent on Thursday, a day after posting its biggest drop in nearly three months, as world stocks rose on optimism about a likely bailout of Greece and U.S. economic recover...

NEW DELHI (Reuters) - India's worryingly high inflation should ease as there are indications of a cooling in high food prices that have been driving it, Finance Minister Pranab Mukherjee said on Wednesday.<...

MUMBAI (Reuters) - The government borrowing should not be considered as a huge concern, a top policy adviser said on Friday.

(Reporting by Jeanette Rodrigues)

(For ...

By Manoj Kumar

NEW DELHI (Reuters) - India's annual industrial output growth eased in January, in line with market forecasts, and analysts said it could further weaken with the withdrawal...

By Rina Chandran

MUMBAI (Reuters) - Plans by Carrefour, the world's No.2 retailer, to open its first cash-and-carry outlets in India are a sign of optimism in the country's $450 billion r...

MUMBAI (Reuters) - India's record government borrowing for the fiscal year starting April 1 is unlikely to be a huge challenge, Reserve Bank of India (RBI) Deputy Governor Subir Gokarn said on Thursday.

NEW DELHI (Reuters) - Food prices moderated slightly while fuel price inflation accelerated in late February adding pressure on the Reserve Bank of India (RBI) to raise rates at its April policy review.

MUMBAI (Reuters) – The Reserve Bank of India (RBI) said on Friday the new base lending rate for banks will take effect from July 1.

In mid-February, the RBI had said it would introduce the base rate from April.

NEW DELHI (Reuters) - The government said on Friday it will seek parliamentary approval to spend an extra 317.8 billion rupees ($6.94 billion) for the fiscal year to end-March 2010, which it plans to fund throu...

NEW DELHI (Reuters) - India's winter-sown crop prospects are "very encouraging", but the country needs to pay farmers a good price for their produce to boost output further, Prime Minister Manmohan Si...

By Pratish Narayanan and Emily Chasan

MUMBAI/NEW YORK (Reuters) - LyondellBasell has rejected an offer from Reliance Industries' that values the bankrupt petrochemicals group at $14.5 billion, a person familiar with the matt...

(Rajan Ghotgalkar is Country Head - INDIA at Principal International and Managing Director of Principal Pnb Asset Management Company [in association with Vijaya Bank]. The views expressed in this column are his own)

By Rajan...

MUMBAI (Reuters) - Business activity among Indian service companies grew at its fastest pace in 17 months in February, climbing for the third straight month as both output and new orders increased, a survey sho...

By Kaustubh Kulkarni

MUMBAI (Reuters) - The increased weighted deduction of up to 200 percent on in-house research and development (R&D) expenses and the unchanged 4 percent excise du...

MUMBAI (Reuters) - India raised personal income tax slabs for 2010/11, which could result in a net tax saving of 20,000 to 50,000 rupees for those earnings above 300,000 rupees, giving a boost to the country's ...

NEW DELHI (Reuters) - The government will raise petrol and diesel prices from Friday midnight, Oil Secretary S. Sundareshan told reporters.

He said prices of petrol would go up by 2.71 ru...

MUMBAI (Reuters) - State Bank of India, India's largest lender, is in talks with Bharti Airtel over the telecoms firm's funding to acquire the African assets of Kuwaiti firm Zain, SBI's chairman said on Wednesd...

MUMBAI (Reuters) - Railway's plan to cut freight rate slightly for food grains is unlikely to bring down prices sharply, but will help in price moderation, analysts and traders said.

Indi...

By Sheikh Mushtaq

SRINAGAR (Reuters) - Indian border guards said their troops came under fire from Pakistan on Wednesday, a day before the two nuclear-armed neighbours are set for the fir...

By Rina Chandran

MUMBAI (Reuters) - The government's push for financial access for hundreds of millions of the unbanked is helping secure its vote base and creating lucrative opportunitie...

By Nigam Prusty

NEW DELHI (Reuters) - Opposition protests over rising food prices shut down the parliament on Tuesday, signalling mounting pressure on the government to rein in inflation ...

By Janaki Krishnan

MUMBAI (Reuters) - Leading Indian carmaker Maruti Suzuki India, 54 percent owned by Japan's Suzuki Motor, is recalling 100,000 of its A-Star hatchbacks, potentially und...

KOLKATA (Reuters) - Maruti Suzuki, India's top carmaker, will add 3,000 employees in the next three years, a senior official said on Friday.

The company is also investing 2 billion rupees...

By Devidutta Tripathy and Sumeet Chatterjee

NEW DELHI/BANGALORE (Reuters) - As Bharti Airtel holds exclusive talks with Kuwaiti telecom Zain to buy its African operations for $9 billion, investors have punished shares of Ind...

By Abhijit Neogy and Manoj Kumar

NEW DELHI (Reuters) - The government should begin to lower its fiscal deficit in the budget set to be announced next week but should not cut capital spend...

By Lesley Wroughton and Lewa Pardomuan

SINGAPORE/WASHINGTON (Reuters) - The International Monetary Fund said it would soon begin sales of 191.3 tonnes of gold remaining in its plan to raise new resources for lending, with tr...

By Tony Munroe

MUMBAI (Reuters) - A barrage of sometimes conflicting statements from government officials over economic policy has fuelled concerns that excessive chatter causes unnecessa...

By Abhijit Neogy and Rajesh Kumar Singh

NEW DELHI (Reuters) - With the economy picking up steam, winding down the fiscal stimulus may be the central theme in the budget scheduled to be pr...

By Rituparna Bhowmik

PUNE (Reuters) - Security officials were investigating the possible involvement of Pakistan-based militants in a bomb blast in Pune that killed nine people, but New D...

By Rituparna Bhowmik

PUNE (Reuters) - Dressed in their flowing crimson robes, members of the Osho spiritual community used to be regulars at Pune's German Bakery before a bomb ripped thro...

MUMBAI (Reuters) - The BSE Sensex extended gains to 1 percent on late Tuesday afternoon, with Infosys Technologies and ICICI Bank leading the charge, lifted by positive world equities.

At...

MUMBAI (Reuters) - India's wholesale gold demand cooled off on Monday afternoon as the yellow metal prices edged higher nearing the most-watched $1,100 an ounce-mark, after offtake picked up for the most part o...

By Sanjay Rajan

KOLKATA, India (Reuters) - Opener Virender Sehwag plundered his 19th test century as India took control of the second and final test against South Africa on Monday.

MUMBAI (Reuters) - India's wholesale gold buying remained slack for a second day on Thursday as prices inched up to trade at around $1,080 an ounce in the overseas markets, dealers said.

...

By Matthias Williams

NEW DELHI (Reuters Life!) - 1,411 -- that's the number on the lips of Indian celebrities fronting a new campaign to save tigers which was launched ahead of the Chinese lunar Year of the Tiger -- a time s...

SRINAGAR (Reuters) - Shops and business remained closed and people stayed indoors in Srinagar on Thursday during a protest to demand the remains of Mohammad Maqbool Bhat, a separatist leader hanged and buried i...

NEW DELHI (Reuters) - Finance Minister Pranab Mukherjee on Wednesday pegged 2009/10 economic growth at around 7.75 percent, higher than the government's forecast, and a top adviser said the coming budget could ...

NEW DELHI (Reuters) - The government could provide a roadmap for exiting from the fiscal stimulus when it presents its budget on Feb. 26, C. Rangarajan, Chairman of the Prime Minister's Economic Advisory Counci...

MUMBAI (Reuters) - Banks await cues from the budget to assess fund raising needs and have sought the nod to float long-term infrastructure bonds with tax breaks, a plea unlikely to be met due to its fiscal cost...

MUMBAI (Reuters) - Rising prices of milk and dairy products are a potential pressure point for food inflation, Citigroup said in a recent note.

Government data on wholesale price inflatio...

By Nobuhiro Kubo and Bernie Woodall

TOKYO/DETROIT (Reuters) - Toyota Motor Corp is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems, a third major recall since September and a ...

NEW DELHI (Reuters) - Car sales rose an annual 32.3 percent in January, with customers buying vehicles ahead of possible tax hikes in the federal budget later this month, an industry body said on Tuesday.

MUMBAI (Reuters) - India is in no hurry to roll back economic stimulus measures in one go but efforts will be made in the budget later this month to lower the fiscal deficit, a top government adviser said on Friday.

"It...

NEW DELHI (Reuters) – The government will try to control rising food prices by increasing production, Prime Minister Manmohan Singh was quoted as saying by a spokesman of the ruling Congress party.

"(The PM said) ...

By Prashant Mehra

MUMBAI (Reuters) – The BSE Sensex fell 2.7 percent on Friday to its lowest close in three months, as global selloff over Europe's sovereign debt problems and U.S. jobs worries raised fresh concerns ov...

MUMBAI (Reuters) - Morgan Stanley raised its forecast for India's economic growth to 8.5 percent in 2010/11 from 8 percent earlier, citing a pick-up in domestic consumption and said interest rates would climb as inflation accelerates.

&nbs...

By Devidutta Tripathy

NEW DELHI (Reuters) - India's software and services exports in the year to March 2011 will be less than earlier expected as the sector's growth has not been cranked-up enough by the recovering global ec...

By Krittivas Mukherjee

NEW DELHI, Feb 4 (Reuters) - Home Minister Palaniappan Chidambaram travels to Pakistan for a regional meeting this month, a visit that may lay the ground for improving ties which deteriorated after the...

By Chang-Ran Kim and Soyoung Kim

NAGOYA/DETROIT (Reuters) - Toyota Motor's unprecedented recall of millions of vehicles with accelerator problems is taking a toll on sales and may force the world's largest automaker to cut 2...

MUMBAI (Reuters) - U.S. aircraft maker Boeing plans to deliver nine planes to Indian carriers in calendar 2010, a senior company official said on Tuesday, and expects fresh orders from airlines in India by next year end.

Boe...

By Krittivas Mukherjee

NEW DELHI, Feb 2 (Reuters) - An initiative by Western powers seeking peace with the Taliban in Afghanistan is forcing India to modify its policy toward the hardline Islamists to avoid being marginalise...

By Abhijit Neogy

NEW DELHI (Reuters) - India's manufacturing in January grew at its fastest pace in almost 1-½ years, driven by a sharp rise in new export orders that are supporting a recovery in the industrial sector...