Citigroup maintains an 'aggressive' stance in its model portfolio for India, and keeps its target for the BSE index at 18,400 points from current levels at around 17,200.

Citigroup says it retains '

Audi AG plans to increase the capacity at its Indian plant by 50 per cent, the head of its India unit said, as it looks to become the country's biggest luxury vehicle brand.

The Volkswagen AG-owned c

Germany's Adidas said it would cut the number of its Reebok stores in India by about one-third as it restructures operations in the country after discovering 'irregularities' at Reebok India.

While t

In April 2003, the Federal Reserve Bank of New York and New York state bank regulators cracked the whip on HSBC Bank USA, ordering it to do a better job of policing itself for suspicious money flows.

Blind Chinese dissident Chen Guangcheng says he wants to leave for the United States rather than stay in China, throwing into doubt a deal used to coax him out of the U.S. embassy in Beijing and defus

India has removed any limit on sugar export volumes for now, a government source said on Wednesday, adding pressure to global prices, but the world's second-biggest producer could reinstate restrictio

Italian carmaker Fiat is to set up its own car dealer network in India to grow sluggish sales, ending a six-year distribution agreement with Tata Motors.

Fiat said on Wednesday the move should help b

Luxury car maker Jaguar Land Rover, part of Tata Motors, plans to invest 200 million pounds in a plant in central England, the Daily Telegraph reported on Thursday.

The investment at the factory, whi

World food prices are expected to ease in April after three months of rises due to falls in some grain prices, but inflation worries are still simmering as soybean and rice prices climb - fanning fear

India is faltering as an investment destination because of significant policy mistakes and stock prices there will slide if the nation's credit rating is cut, according to Mark Mobius, one of the worl