Monday, July 22, 2013
India may be trying to lure foreign investors to revive its ailing economy, but the axing of two mega steel projects underlines obstacles even industry giants face, analysts say.
Thursday, July 18, 2013
Franco-Japanese auto alliance Renault-Nissan said Tuesday it will double its investments in India to US$5 billion over the next five years as it seeks to grab market share.
Tuesday, July 16, 2013
India's last telegram went out late Sunday, marking the end of a service that millions of Indians had relied on for fast communication for more than 160 years.
Monday, July 15, 2013
Thousands of Indians crammed into telegram offices on Sunday to send souvenir messages to friends and family in a last-minute rush before the service shuts down after 162 years.
India's largest nuclear plant, dogged by violent protests and multiple delays, has commenced operations to start generating electricity, reports said Sunday.
Saturday, July 13, 2013
Indian software outsourcing giant Infosys posted slightly higher quarterly profit Friday and maintained its revenue growth forecast despite the weak rupee and uncertainty about U.S. visas for its employees.
Monday, July 8, 2013
The government has installed the biggest solar power plant on the rooftop of the Bangladesh Bureau of Statistics building in Dhaka.
Thursday, July 4, 2013
Abu Dhabi has promised to invest US$50 billion in India's cash-hungry infrastructure at a time when growth in Asia's third-largest economy has sharply slowed, a newspaper reported Wednesday.
Wednesday, June 26, 2013
Indian IT outsourcer Tech Mahindra on Tuesday completed a takeover of its partly owned unit Mahindra Satyam, creating a new force in the sector with annual revenues of US$2.7 billion.
Monday, June 24, 2013
Bad weather hampered efforts on Sunday to evacuate thousands of people stranded in the northern India state of Uttarakhand, where at least 1,000 people have died in monsoon flooding and landslides, army officials said.