Indian PM Breathes Hope to Telecom Sector

The Indian Prime Minister, Dr. Manmohan Singh, seems to have breathed new hope into the country's struggling telecommunications sector, while speaking at the inauguration of India Telecom 2011 in New Delhi, on Wednesday. Dec 7, 2011

India's New Retail Policy Will Create 10 mn Jobs: Minister

The government's approval for 51 percent foreign direct investment in the supermarket sector may have created a storm at the ongoing winter session of Parliament, but Trade Minister Anand Sharma says the new retail policy will create a number of jobs. Nov 25, 2011

Lakshmi Mittal is Britain's Most Influential Asian for 2011

According to weekly newspaper Eastern Eye, 61-year-old Lakshmi Mittal, a Non-Resident Indian and the Chief Executive Officer (CEO) and Chairman of the Board of Directors of ArcelorMittal, is the most powerful Asian in Britain, for the year 2011. Nov 24, 2011

Kingfisher Close to Sealing Deal; Shares Down

It is reported that Kingfisher Airlines chairman Vijay Mallya close to sealing a $370 million deal with an Indian private investor to save the airlines but its shares keep falling. Nov 18, 2011

Petrol Price Cut by Rs. 2.22 a Litre

All the hue and cry over the recent petrol price hike will die down as petrol price has been cut for the first time in nearly three years by Rs. 2.22 per litre. Nov 15, 2011