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Home > Business
US third largest foreign direct investor in India
  • India
  • Investing
Dec05

US third largest foreign direct investor in India

US Consul General in Chennai Jennifer McIntyre today said through a US-India initiative called “ Economic and Financial Partnership” the US Government was working with India to develop financial instruments and public private partnership models to promote significant private...

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SBI launches MoneyGram’s global money transfer service
  • Business
  • India
  • USA
Dec01

SBI launches MoneyGram’s global money transf...

State Bank of India (SBI) has joined hands with money transfer services company MoneyGram International and the latter’s principal agent Thomas Cook (India) Ltd to provide in-bound money services across SBI’s key branches. Initially, the services will be made available to SBI’s 100...

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Poor Get A Stake In India’s Booming Economy
  • Investing
Dec01

Poor Get A Stake In India’s Booming Economy

Even a tiny plot of land in India can be a ticket out of poverty. That’s because many government programs and benefits are tied to land ownership. One non-governmental organization is running a program to help the rural poor obtain the title to the land they till. Share...

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India’s Retailers, Farmers Face Uncertain Future
  • Business
  • India
Dec01

India’s Retailers, Farmers Face Uncertain Fu...

Ashok Kokane sits amid his strawberries at Mumbai’s Crawford Market, a handwritten ledger across his knees and a fan of dirty 10 rupee notes at his hand. The lazy, dust-encrusted ceiling fans above are far past cleaning. There is a sense of timelessness here, in the lurking cats, the...

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Are The Indians Stupid To Burn Wal-Mart?
  • India
  • Investing
  • Opinion
Nov30

Are The Indians Stupid To Burn Wal-Mart?

As usual, the Indians ignorant about globalization, are groping in a mess of disinformation and going berserk about Wal-Mart, which unfortunately has come to symbolize Multinational Retail Chains. I don’t mean the proud ‘American’ Indians who might have sent Columbus back had he...

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Why India Should Stop Fearing Walmart
  • India
  • Investing
Nov28

Why India Should Stop Fearing Walmart

India’s Parliament is in the middle of a big political brawl over the issue of fully opening up its vast retail sector to foreign investors. It started last week, when the Cabinet approved a plan to open “multibrand retail” (i.e., supermarkets and stores that sell a variety...

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Ranbaxy may be allowed to sell Lipitor version in US; pay $350-400 million to settle outstanding issues with US FDA
  • Business
  • India
Nov24

Ranbaxy may be allowed to sell Lipitor version in ...

Ranbaxy Laboratories and the American authorities are inching toward a settlement over the Indian drug maker’s regulatory troubles in the world’s largest drug market, brightening its prospects of launching the low-cost version Lipitor - the blockbuster cholesterol lowering drug...

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Blackstone eyes $500-$720 million deals a year in India
  • Business
  • India
Nov24

Blackstone eyes $500-$720 million deals a year in ...

Weak markets are prompting capital-hungry entrepreneurs to knock on the doors of private-equity investors, and valuations are coming down, Akhil Gupta, chairman and managing director of Blackstone India, told the Reuters India Investment Summit. Share this:ShareEmail

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Zee in talks with Time Warner, Comcast
  • Business
Nov19

Zee in talks with Time Warner, Comcast

(Bloomberg) – Zee Entertainment Enterprises, India’s biggest publicly traded media broadcaster, is in talks with Comcast Corp. and Time Warner Cable Inc. to expand distribution in the U.S. and plans to more than triple the number of homes it reaches in the country next year. Share t

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