Joe Leahy In Mumbai

Stories by Joe Leahy In Mumbai

Reliance Power investors have faith

Reliance Power investors have faith

Rediff.com   26 Feb 2008

Mysterious text messages have begun circulating in Mumbai praising Anil Ambani, the Indian businessman.

Outsourcing blip predicted for India

Outsourcing blip predicted for India

Rediff.com   15 Feb 2008

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.

Indian political caution adds to risks

Indian political caution adds to risks

Rediff.com   15 Feb 2008

India needs to grow by a sustained 10 per cent if it is to increase its per capita income

Indian shipyards poised for $4.5bn inflow

Indian shipyards poised for $4.5bn inflow

Rediff.com   12 Feb 2008

Indian engineering and maritime groups have lined up an estimated Rs180bn

SBI looks to Singapore in global push

SBI looks to Singapore in global push

Rediff.com   5 Feb 2008

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.

United Breweries seeks close Heineken ties

United Breweries seeks close Heineken ties

Rediff.com   1 Feb 2008

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.

Weaker US demand hits Indian textile industry

Weaker US demand hits Indian textile industry

Rediff.com   1 Feb 2008

Some 55m jobs in India depend on the industry

JSW Steel plans London listing

JSW Steel plans London listing

Rediff.com   30 Jan 2008

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.

Fear of the unknown tempers IPO hopes

Fear of the unknown tempers IPO hopes

Rediff.com   25 Jan 2008

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.

M&A: Deal frenzy shows few signs of cooling off

M&A: Deal frenzy shows few signs of cooling off

Rediff.com   25 Jan 2008

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 joins India property boom

CapitaLand joins India property boom

Rediff.com   25 Jan 2008

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.

Vespa maker set for Indian return

Vespa maker set for Indian return

Rediff.com   24 Jan 2008

The company said on Tuesday it would release its first scooters in India in 2010

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.