India News

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Fri, 20 Nov 2009 17:47:00 GMT

Banks, oils push European shares to 2-week low

LONDON, Nov 20 (Reuters) - European equities slipped for a fourth session on Friday to a two-week closing low as financials lost ground on concerns over some banks' exposure to Ukrainian debt, while weaker crude oil prices hurt energy shares. The
Fri, 20 Nov 2009 17:47:00 GMT

New Issue-ICICI Bank sells $750 mln in 5-yr notes

Nov 20 (Reuters) - India's ICICI Bank on Friday sold $750 million of five-year notes in the 144a private Bank of America, Credit Suisse, and HSBC were the joint bookrunning managers for the sale. BORROWER: ICICI BANK AMT $750 MLN COUPON 5.50 PCT
Fri, 20 Nov 2009 17:47:00 GMT

Over Rs 3.35 lakh cr needed for national expressway project

NEW DELHI: The government's ambitious plan to build a 18,650-km-long national expressway network could involve a minimum investment of Rs Rs 3.35 lakh crore, according to the draft master plan report presented to the government. "The master plan
Fri, 20 Nov 2009 17:46:00 GMT

New Issue-ICICI Bank sells $750 mln in 5-yr notes

Nov 20 (Reuters) - India's ICICI Bank on Friday sold $750 million of five-year notes in the 144a private placement market, said IFR, a Thomson Reuters service. Bank of America, Credit Suisse, and HSBC were the joint bookrunning managers for the sale.
Fri, 20 Nov 2009 17:44:00 GMT

Govt admits it doesn't expect much from Copenhagen meet

NEW DELHI: The government on Thursday admitted what most have already accepted -- that the Copenhagen climate meet will not see any substantial deal to prevent the world from slipping towards a climate catastrophe. "Do not expect anything much from
Fri, 20 Nov 2009 17:41:00 GMT

New Issue-ICICI Bank sells $750 mln in 5-yr notes

Nov 20 (Reuters) - India's ICICI Bank (ICBK.BO) (IBN.N) on Friday sold $750 million of five-year notes in the 144a private placement market, said IFR, a Thomson Reuters service. Bank of America, Credit Suisse, and HSBC were the joint bookrunning managers
Fri, 20 Nov 2009 17:40:00 GMT

First Mutual Fund Investment in Microfinance in India

CHENNAI, India, November 20 /PRNewswire-FirstCall/ -- A recent micro-loan securitisation, completed by IFMR Capital and Equitas Micro Finance, has enabled the first ever mutual fund investment into the Indian microfinance sector. The Rs. 480 million
Fri, 20 Nov 2009 17:38:00 GMT

New Report Documents Bay Area-India Ties

SAN FRANCISCO--(BUSINESS WIRE)--A new report by the Bay Area Council Economic Institute, Global Reach, documents the deep connections between the economy of the San Francisco Bay Area with India. More than two years in the making, and based on nearly
Fri, 20 Nov 2009 17:36:00 GMT

Bollywood star Madhuri Dixit to play former Indian PM Indira Gandhi

Former Bollywood queen Madhuri Dixit will play Indira Gandhi, India's first and only female prime minister, in a biopic, according to reports in the Indian media. of Images Madhuri Dixit in the 2007 film Aaja Nachle Photo: YASHRAJFILMS Indira Gandhi
Fri, 20 Nov 2009 17:36:00 GMT

Larox registers Indian subsidiary

Larox, the Finnish filtration specialist, is to set up a subsidiary in Bangalore, India for aftermarket services and filter sales development. Finnish filter manufacturer Larox has established a subsidiary in Russia to offer local service and customer
Fri, 20 Nov 2009 17:36:00 GMT

Cadbury CFO meets investors in New York

NEW YORK, Nov 20 (Reuters) - Cadbury Plc (CBRY.L: Quote, Profile, Research) canceled a keynote appearance at a Morgan Stanley conference in New York this week but sent its chief financial officer for one-on-one meetings with investors instead. Cadbury is
Fri, 20 Nov 2009 17:35:00 GMT

Dr MM Begani, Consultant surgeon | The smooth operator

had just washed up after his 12-hour workday and was getting ready to start dinner at 9.45pm when he got a call from the chief medical officer of Bombay Hospital, the institution he has been with for nearly 32 years. Dr Begani, the hospital’s senior
Fri, 20 Nov 2009 17:35:00 GMT

Erica Di Giovancarlo, Italian trade commissioner | Another year, another life

returned to the Taj as soon as she could. “I went back exactly to where I was at the Souk. I saw the fire exit from where we escaped. Not to live it again but just to reassure myself that everything was in order. That life goes on.” Like most of us,
Fri, 20 Nov 2009 17:35:00 GMT

Which city is better, Delhi or Mumbai? neither please

Every time I meet someone for the first time in Delhi, where I have lived since August last year, they invariably ask me: “So Delhi must be tough after Bombay, no? Which do you prefer, Delhi or Bombay?” None of the above: The politicians and elite of
Fri, 20 Nov 2009 17:35:00 GMT

Young readers’ fest

If you caught Bookaroo in New Delhi last year, you would know that the festival was as much fun for adults as it was for children. Book-reading sessions under a banyan tree, sketching on a doodle wall and getting to meet authors your children love—a
Fri, 20 Nov 2009 17:35:00 GMT

Mohammed Taufiq, tea vendor | The pavement hero

It’s a tea stall without frills—a thick black sheet of tarpaulin acts as the roof under which Mohammed Taufiq and his only employee make endless cups of tea through the day. When I visit his stall, a group of women in bright saris are waiting for
Fri, 20 Nov 2009 17:34:00 GMT

PV Viswanath, professor | The unity of all beings

PV Viswanath, a professor of finance at the Lubin School of Business, Pace University, New York, grew up in Mumbai and migrated to the US in 1975. An orthodox Jew, he visits Mumbai every summer to catch up with friends and family. But last winter, even
Fri, 20 Nov 2009 17:34:00 GMT

Indians don’t know how to accept failure

Mumbai: Chairman of Godrej and Boyce Manufacturing Co. Ltd, Jamshyd Godrej, is an evangelist for green businesses and green buildings. In an interview, Godrej alludes to the possibility of emulating Infosys Technologies Ltd chief mentor N.R. Narayana
Fri, 20 Nov 2009 17:34:00 GMT

CORRECTED - UPDATE 1-BofA markets $460 mln Fortress CMBS without Fed aid

UPDATE 1BofA markets $460 mln Fortress CMBS without Fed aid Reuters Take a look at the most powerful news wins from across the globe. adsrc 'india.reuters.com/money/privateEquity/article;' ( typeof(AD_TRACKER) 'undefined' AD_TRACKER.globalAdSrcType null
Fri, 20 Nov 2009 17:34:00 GMT

Unexpected stickiness

REVIEWER: ANAND HALVEAnand Halve is director of and the author of . He is a visiting faculty member at IIM Ahmedabad and Ahmedabad (Mica) and a frequent writer on advertising and communications. Ad pro: Anand Halve. CAMPAIGNThe new Fevicol commercial,
Fri, 20 Nov 2009 17:34:00 GMT

The pseudo peace prophet

Hola, comrades. It’s been a year since our peace rally (that’s what we called it, although the mood there was anything but). Haven’t seen you or heard from you since. Are you all dead? Are you all in a coma? Or does there have to be another
Fri, 20 Nov 2009 17:34:00 GMT

India or China: whose household is wealthier?

Plenty of research has been done on the inequality of between countries and also on income inequality within a country. The Gini coefficient is often used to measure the level of inequality, with a low number indicating low inequality while a high number
Fri, 20 Nov 2009 17:34:00 GMT

Bangarada Hudugi, Collection of Stories Released

Daijiworld Media Network – Mumbai (RD/SB) Mumbai, Nov 18: Renowned Kannada litterateur Dr G D Joshi released ‘Bangarada Hudugi,’ maiden collection of stories authored by Umesh H Karkera popularly known as Mitrapatna Gopikapriya and published by
Fri, 20 Nov 2009 17:32:00 GMT

India must lift FDI cap in defence, insurance: US

Drumming up business for the US was clearly part of the agenda of assistant secretary of state for South and Central Asia Robert Blake during his visit to India. The Obama administration wants India to lift the cap on foreign investment in both defence
Fri, 20 Nov 2009 17:32:00 GMT

First Mutual Fund Investment in Microfinance in India

CHENNAI, India, November 20 /PRNewswire-FirstCall/ -- A recent micro-loan securitisation, completed by IFMR Capital and Equitas Micro Finance, has enabled the first ever mutual fund investment into the Indian microfinance sector. The Rs. 480 million
Fri, 20 Nov 2009 17:32:00 GMT

Will act against those who instigated the attack: Chavan

Maharashtra Government will act against those who instigated the attack on the office of Marathi TV channel 'IBN-Lokmat' in Mumbai on Friday, Chief Minister Ashok Chavan said. Asked if the government will act against the "brains and ring-leaders" behind
Fri, 20 Nov 2009 17:29:00 GMT

India won't accept legally binding emission cuts: Jairam Ramesh

NEW DELHI: Do not expect anything much from next month's climate summit in Copenhagen, environment minister Jairam Ramesh said Thursday, reiterating that India is not going to accept any legally binding cuts on its greenhouse gas emissions. "Don't expect
Fri, 20 Nov 2009 17:29:00 GMT

'Un-Indian' Bollywood promo provokes protests

Promotional posters for a new Bollywood thriller, which show leading actress Kareena Kapoor from behind and apparently naked from the waist up, have got some people's backs up in India. Comments 1 | Comment on this article A poster advertising new
Fri, 20 Nov 2009 17:29:00 GMT

The world by motorbike at 70

Picture a golden-haired Adonis in Ibiza in the early 1960s: sailcloth trousers, grandpa T-shirt, tough Frye boots. Watch him swagger over to his 350cc Bultaco trail bike. Every girl seated outside the Montesol caf gives him the eye so he believes as he
Fri, 20 Nov 2009 17:28:00 GMT

New Issue-ICICI Bank sells $750 mln in 5-yr notes

sells $750 mln in 5yr notes US Reuters adsrc 'reuters.co.uk/finance/markets/marketreport/article;' ( typeof(AD_TRACKER) 'undefined' AD_TRACKER.globalAdSrcType null ) ((typeof (hideAllAds) 'undefined' hideAllAds false) (typeof (AD_TRACKER) 'undefined'
Fri, 20 Nov 2009 17:28:00 GMT