Javier Blas In London, Joe Leahy In Mumbai

Stories by Javier Blas In London, Joe Leahy In Mumbai

Engaging India: All in the name

Engaging India: All in the name

Rediff.com   18 Jan 2008

When Anil Ambani, the billionaire businessman, launched the initial public offering of his company, Reliance Power, this week, he received enough orders to cover the $3bn listing within one minute of its opening.

Chinese dragon roars over Indian industry

Chinese dragon roars over Indian industry

Rediff.com   16 Jan 2008

As Manmohan Singh, India's prime minister, wound up his three-day trip to China on Tuesday, the growing trade imbalance between the two countries in favour of Beijing has proved to be one of the most contentious issues.

Tata still chasing Orient-Express tie-up

Tata still chasing Orient-Express tie-up

Rediff.com   16 Jan 2008

Orient-Express has rejected repeated approaches from Tata's Indian Hotels Company, with the issue turning into a public spat in December when the US group said it believed such an alliance would damage the value of its brands.

Tata Nano could face rocky road ahead

Tata Nano could face rocky road ahead

Rediff.com   15 Jan 2008

He added that Suzuki could not build a car for the same price as the Nano without sacrificing quality and standards.

India, China acquire a taste for luxury

India, China acquire a taste for luxury

Rediff.com   11 Jan 2008

As the economies of emerging markets boom and their biggest conglomerates grow into multinationals, more and more of the new corporate giants in countries ranging from India to China, Russia and Brazil are looking to wring greater profits out of their respective industries.

Asia battles with surging food costs

Asia battles with surging food costs

Rediff.com   10 Jan 2008

Flaws in the Asian agricultural sector risk reducing productivity and fuelling inflation.

India's power companies head IPO advance

India's power companies head IPO advance

Rediff.com   8 Jan 2008

Indian infrastructure companies are embarking on a fund-raising spree that will give investors access to what is expected to become one of the biggest sectors on the country's stock market over the next few years.

US studios get taste for Bollywood

US studios get taste for Bollywood

Rediff.com   3 Jan 2008

International investors are preparing to make an unprecedented onslaught on Bollywood this year, with several Hollywood studios and a group of London-listed funds looking to take a share of the world's most prolific movie-making market.

India's IT outsourcers face increasing costs

India's IT outsourcers face increasing costs

Rediff.com   28 Dec 2007

Multinationals continue to view the country as one of the most viable outsourcing destinations, but competitive pressures are making other countries look attractive.

Indian funds question value of AIM listing

Indian funds question value of AIM listing

Rediff.com   24 Dec 2007

Despite coming to market last year amid a barrage of publicity, many of the Aim funds are still trading at a discount to their net asset values and some are still trading below their initial public offering prices even as their peers that listed in India are enjoying the good times.

Mall monument to India's consumer class

Mall monument to India's consumer class

Rediff.com   24 Dec 2007

What in a few years will be India's largest shopping mall today is a kilometre-long, three-storey deep hole in the earth marked with a billboard the size of a tennis court.

Arsenal announces Indian football scheme

Arsenal announces Indian football scheme

Rediff.com   21 Dec 2007

England's soccer league teams are following the lead of multinationals and beginning to look to emerging markets for growth, with Premier League leader Arsenal FC on Tuesday announcing an initiative aimed at giving it a foothold in India.

Jasdaq and BSE in talks over tie-up

Jasdaq and BSE in talks over tie-up

Rediff.com   21 Dec 2007

Japan's main market for emerging technology companies is in talks with the Bombay Stock Exchange for an alliance that could lead to Indian companies listing on its board in Tokyo.

World food price rises set to hit consumers

World food price rises set to hit consumers

Rediff.com   17 Dec 2007

Global food prices will come under further pressure on Monday as benchmark prices for cereals at much higher levels come into operation, making it almost inevitable that a second wave of food price inflation will hit the world's leading economies.

Engaging India: Crackdown on 'noisy' driving

Engaging India: Crackdown on 'noisy' driving

Rediff.com   14 Dec 2007

The Mumbai traffic police, in a move that runs against the very culture of driving in this city of 18m, have begun cracking down on noisy motorists.

Reliance mutual fund sells stake to Eton Park

Reliance mutual fund sells stake to Eton Park

Rediff.com   14 Dec 2007

Reliance Capital Asset Management, controlled by Anil Ambani, has sold a 5 per cent stake to Eton Park Capital Management in a deal that for the first time puts a value on India's largest mutual fund.

World View: Indian mutual funds

World View: Indian mutual funds

Rediff.com   14 Dec 2007

India's mutual fund industry is one of the brightest spots in an already fast-growing domestic financial sector.

ABN Amro loses India chief

ABN Amro loses India chief

Rediff.com   13 Dec 2007

Romesh Sobti, ABN country head for India, will move to IndusInd Bank, a domestic private-sector institution controlled by the Hinduja family.

Rivals for Jaguar await Ford verdict

Rivals for Jaguar await Ford verdict

Rediff.com   13 Dec 2007

People close to Indian carmakers Tata Motors and Mahindra & Mahindra, and the buy-out group One Equity Partners, said on Tuesday that they expected Ford to respond imminently to their revised offers made last week.

India wants building workers back

India wants building workers back

Rediff.com   12 Dec 2007

"We are looking at how we can bring back skill sets developed by Indians overseas," Rajiv Singh, vice-chairman of DLF, said in an interview with the Financial Times. "Our desire is to have a very highly motivated and trained labour force come back and work for us."