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Mark Mobius: India's proposed tax rules a 'big mistake'

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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

Telecom Commission seeks clarity on spectrum auction

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The Telecom Commission is seeking clarity on 2G spectrum auction issues including the auction base price from the sector regulator, whose proposals have drawn howls of protests from mobile carriers.

Nokia in talks to sell luxury Vertu unit: Source

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Cellphone maker Nokia is in talks to sell its UK luxury subsidiary Vertu, which hand makes some of the world's most expensive mobile phones, a source familiar with the company's strategy said on Monda

Pantaloon Retail to spin off apparel business

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Pantaloon Retail, the country's largest listed retailer, plans to spin off its branded apparel business under the Pantaloons brand into a separate company, a source with direct knowledge of the develo

Spanish league denies match-fixing report

The Spanish soccer league (LFP) has denied a local media report that it informed anti-corruption investigators of possible cases of match-fixing in recent La Liga and second tier games.

Cadena Ser ra

U.N. chief visits 'new' Myanmar to push more reforms

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U.N. chief Ban Ki-moon made a landmark visit to a fast-changing Myanmar on Sunday to encourage further reforms and push for a further easing of Western sanctions to help normalise United Nations opera

No end in sight to global jobs crisis, ILO says

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Fiscal austerity and tough labour reforms have failed to create jobs, leading to an 'alarming' situation in the global employment market that shows no sign of recovering, the International Labour Orga

Even in emerging markets, Nokia's star is fading

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Nokia phones once took pride of place in Manish Khatri's Mumbai store, but now models made by Samsung Electronics get the limelight.

He has nothing against Nokia, he says, but it's better for busines

Apple, Google could join Dow index: Barron's

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The Dow Jones Industrial Average stock index is due for an overhaul, and new-tech giants like Apple Inc and Google have good arguments for joining the elite 30 companies at the expense of old-industry

Slower China economy a worry for Western firms

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As China's economy cools, some big U.S. and European companies are losing what had been one of their surest growth bets.

Caterpillar Inc, 3M Co, United Technologies Corp and ABB Ltd are among the man

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.