Sterlite Industries is set to list its $2 billion (Rs 8,000 crore) American Depository Shares issue, the largest by any Indian company, with the New York Stock Exchange by the middle of this month.
What needs to be done to make Mumbai even more attractive is to provide more residential accommodation and faster transport to the southern end of the city (Nariman Point), which is the Manhattan of India.
They prefer foreign markets owing to comparatively lower margins than Indian exchanges.
Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.
This is rupee's lowest since 62.32 on January 9.
'Life will not improve overnight; it will happen in a gradual manner.'
With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. However, it is among the only two major economies, which will register a positive growth rate in 2020. The other being China, for which the IMF has projected a growth rate of 1.2 per cent.
The 39-second video of Singh, a California resident, has been viewed over 83,000 times since it was posted on YouTube on December 9.
Software major Wipro's head of sales (America), Rich Garnick has resigned, the second such exit of a senior executive after the company's high-profile vice-chairman Vivek Paul left the firm a month ago.
According to the US Securities and Exchange Commission, Ramesh "Sunny" Balwani and the founder Elizabeth Holmes raised money by deceiving investors about the company's technology, business and financial performance, raising more than USD 700 million in years-long "massive fraud".
WNS is all set to list in the US after an initial public offer that has been priced well above the forecasts.
It moved in a range of 63.54 and 63.81 per dollar during the day.
The move, if brought into effect, will substantially reduce the burden on the judicial system, while opening a window of opportunity for expediting court cases.
The local currency had shed 2 paise to close at 63.44 on Tuesday.
A former president of Guatemala's football federation pleaded guilty on Friday to charges he received bribes to award lucrative media and marketing rights for football matches, the latest development in the US corruption investigation into world football's governing body FIFA.
UTV Software Communications Ltd and its animation division, UTV Toonz, has entered into an animation deal worth $10 million with New York-based BKN New Media Inc.
Arsenal manager Arsene Wenger has apologised for shoving his Chelsea counterpart Jose Mourinho on the touchline during a Premier League match at Stamford Bridge.
'Dr Khobragade is now a Counsellor without any specific work responsibility at the PMI. There is not going to be any work for her at the mission at least for now. This is an interim measure to help her so she can get diplomatic immunity and get over this situation.'
US-based DSP (digital signal processor) and analog technologies leader Texas Instruments is upbeat on the Indian market and says it is set to capitalise on the boom in communication and entertainment sectors in India.
'There was a day when I didn't want to live.' 'And there is today, when I want to live long and enjoy my life.'
Images from Day 4 of the US Open in New York on Thursday.
Increased demand for the dollar from importers put pressure on the rupee.
The rupee extended its fall for the fourth consecutive day by losing another 6 paise to hit a fresh one-month low of 62.31.
IT major Wipro has proposed to establish a software economic zone in Kolkata, according to a top government official.
'More and more young chefs, instead of inventing new things, are exploring more deeply inside India,' Indian Accent's Manish Mehrotra tells Rahul Jacob.
Costlier oil due to rising conflict in Iraq threatens to hurt the India economy that is already battling price rise and slowing growth.
India's Petroleum Minister Mani Shankar Aiyar has predicted that the 'oil bubble' will burst soon.\n\n
Former WorldCom Inc chief executive Bernad J Ebbers has been indicted on Federal criminal fraud charges in New York for his alleged role in the nation's largest accounting scandal.
The rupee had gained two paise to close at one-month high of 62.14 against the dollar in Tuesday's trade.
The Supreme Court has given troubled conglomerate Sahara a month's time to explain why a receiver should not be appointed to auction off its properties.
Enthused by Prime Minister Manmohan Singh's proposed visit to world's premier New York Stock Exchange on Wednesday, analysts say it will have a 'positive impact' and revive India Inc's dream for overseas listing.
Subrata Roy has been in a Delhi jail since March 4 after failing to appear at a contempt hearing in his group's legal battle with the Securities and Exchange Board of India over the company's failure to repay investors who bought the outlawed bonds.
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