India is at risk of sustained food price inflation as domestic production of key staples such as wheat and edible oil fails to keep pace with rising demand, according to the country's top official on commodities trading.
Mysterious text messages have begun circulating in Mumbai praising Anil Ambani, the Indian businessman.
The outsourcing industry, which provides services ranging from developing software for overseas clients to managing back office processing of mortgages, has risen to become one of India's main export earners.
India needs to grow by a sustained 10 per cent if it is to increase its per capita income
Indian engineering and maritime groups have lined up an estimated Rs180bn
Manjit Rajain, Mortice's founder, will hold 75 per cent of the equity after flotation. He will use the funds raised to take the company into broader property and facilities management services across India. He said the company had looked at several stock markets, including in India and Singapore, before deciding to come to Aim because it would be cheaper, quicker and at a higher valuation.
India is keen to expand its banking system to help support its economic growth, which is the second fastest after China among Asia's large countries. Unlike China, its financial system is still small relative to the economy and its banks are dwarfed by many of their international peers, in spite of their vast potential market in India and overseas.
India's United Breweries has suggested close distribution ties with Heineken following the takeover offer by the Dutch brewer and Carlsberg for Scottish & Newcastle, which owns a stake in UB.
Some 55m jobs in India depend on the industry
JSW Steel is planning to list an international mining unit in London in the first such move by one of India's fast-growing steel companies.
Last week's frenzy surrounding India's record initial public offering of Reliance Power was extraordinary - it seemed that everyone wanted a piece of it. The company, expected to make its public debut next month, attracted $190bn for $3bn worth of shares from institutions and retail investors. This week, things could hardly be more different.
As investment bankers in India returned to their offices in India's financial capital, Mumbai, after Christmas and the New Year, they must have suffered from deja vu.
CapitaLand, the Singapore state-owned developer, is set to make one of the biggest bets by a foreign company on India's retail property boom, investing in 15 shopping centres worth S$2.1bn ($1.46bn) in association with two Indian construction and property groups.
The company said on Tuesday it would release its first scooters in India in 2010
The breakthrough for Scrabulous came when it appeared on the social networking site. Now it claims more than 600,000 daily users, making it one of Facebook's most popular applications.
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.
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.
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.
He added that Suzuki could not build a car for the same price as the Nano without sacrificing quality and standards.
The truth is that this is an impressive realisation of a corporate vision, a car long-promised, designed explicitly to hit a price point, and one that will meet the needs of poorer consumers. It is safer than a bicycle and cleaner than an old moped.
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