What a weaker dollar really does is to encourage American and international investors to invest in non-American markets. The more the dollar drops, the more global equities rise. Many Asian currencies are hitting record highs against the dollar.
He added that Suzuki could not build a car for the same price as the Nano without sacrificing quality and standards.
Not wanting to alienate other suitors including Mahindras, Ford may wait till the new year to announce the winner for its Jaguar and Land Rover brands, although Indian conglomerate Tatas have emerged as the top choice, media reports said in London on Friday. "Tata Motors is set to be chosen by Ford as the preferred bidder for Jaguar and Land Rover as early as Friday," a report in Financial Times said quoting people close to the situation.
A World Bank report released last week projected that remittances to developing countries alone will reach $240bn this year compared to $221bn in 2006, with Asia receiving $114bn.
India continues to be an attractive foreign direct investment destination to foreign investors despite controversies over special economic zones, a global investments expert said in New Delhi.
At the social level, why can't someone come up with an innovation to resolve the potable water or power crisis in the country?
AT&T has applied for a mobile licence in India in partnership with Mahindra Telecommunications, a local telecoms company, and Mr de la Vega said it was hoping to acquire spectrum for its wireless services.
Cairn India, which is 69 per cent owned by London-listed Cairn Energy, is very close to securing the vital approval it needs to begin work on the pipeline to transport the oil from its vast Rajasthan oil fields, the Indian government has said.
"The toughest part was continuing to believe that we could do it," Tata told journalists covering the Auto Expo in New Delhi, where he unveiled the lowest-priced car in the world. He added that "a promise is a promise", hinting at the ability of his company to deliver even in the face of brutal scepticism.
India's Commerce and Industry Minister Kamal Nath has been honoured as global 'FDI Personality of the Year 2007' by a Financial Times Group publication.
Tony Blair will be US investment bank JPMorgan's part time political advisor.
But other allegations against Jain, Deutsche Bank still being evaluated by the regulator
David Miliband, new British foreign secretary, told the Financial Times he is keen to improve ties with India.
Even as developing nations gear up for a big boom in carbon market, several projects registered with the UN carbon market regulator have drawn flak from various quarters.
Ratan Tata, chairman of the Tata Group, feels that after the successful launch of his dream project -- the Rs 1-lakh car -- will ideally be the nice time for him to retire from active business life, a media report said in London.
Arcelor Mittal will invest $20 billion to set up two steel plants in India, in Jharkhand and Orissa.
We go down memory lane look at the iconic moments from late Franca Sozzani's career.
For the past few years the top brass at Pearson did pretty well to grapple with the threat of digital disruption.
Saudi Arabia, the world's largest oil exporter, is reported to be investing $4-5 billion in the force
Tsipras asked to keep a discount on value added tax for Greek islands, stretch out defence spending cuts and delay the phasing out of an income supplement to poorer pensioners
J Jagannath on how he expects to see the Trump effect at the Academy Awards.
The Hinduja Group, which has evinced interest in acquiring India's fourth-largest mobile operator Hutchison Essar, is also considering to buy part of a controlling stake in Telecom Italia, media reports said in London.
French dairy major Groupe Danone has offered to pay the Wadia Group euro1 million ($1.34 million) as compensation to use its Tiger brand in international markets.
The high-profile bidding war for control of Hutch-Essar could intensify with reports in the British media suggesting that Indian partner Ruias have received funding pledges worth up to $25 billion to buy out foreign stakeholder Hutchison Telecom.
World Bank President Paul Wolfowitz, says a Financial Times report, had ordered the Bank's HR chief to give Shaha Riza, a lady official of the bank with whom Wolfowitz was romantically linked, a huge pay hike and promotion.
WCP Mauritius Holding, an investment vehicle promoted by former World Bank president James Wolfensohn, has bought a minority stake in India's ethnic wear company Fabindia for about $11 million, a Financial Times report said.
Former US Trade Representative and US Deputy Secretary of State, Robert B Zoellick (53), is said to be the frontrunner for the post of the next World Bank president, according to a report in the Financial Times.
United States technology companies have become the command and control networks of choice for terrorists and criminals, one of Britain's senior-most intelligence chiefs has warned and sought their cooperation in intelligence matters to tackle the menace.
Listing financial sector reforms and increase in investment in infrastructure as India's 'two biggest priorities', Prime Minister Manmohan Singh has exuded confidence of getting political support on these issues.
The Financial Times, London, reports that Nobuo Tanaka, the first Asian head of the International Energy Agency, has stated that the organisation must work more closely with the two Asian giants.
The admission comes as it seeks to ensure approval of the deal by Indian regulators under restrictive foreign investment laws.
The Indian Institute of Mangement-Ahmedabad will collaborate with Duke Corporate Education to develop and deliver custom corporate education programmes in India and West Asia.
According to reports, the deal, if successful, could fetch Hutchison as much as $14 billion and would be Asia's largest private equity deal.
Luce conveys his sense of bafflement that a country of such contradictions should do so well in spite of the diversity or because of it.
'It is vital that objects such as the Harihara -- and collections from South Asia generally -- remain here,' the British Museum tells Vaihayasi Pande Daniel.
Vodafone offers to buy out Hutchison Telecom's stake in India's Hutch-Essar at an enterprise value of $17 to 18 billion reports British daily Financial Times.
Indian corporate house Essar has offered to buy out foreign partner Hutchison Telecom (HTIL) from the mobile joint venture Hutch-Essar for $11 billion (about Rs 50,000 crore), putting the enterprise value at $16.5 billion.
The world is moving faster than academic institutions
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