Goldman Sachs facing a new insider trading probe
Federal prosecutors in California are investigating a Goldman Sachs employee for insider trading, according to prosecutors and defence lawyers who attended a hearing in U.S. federal court in New York
BRICS demand bigger IMF role before giving it cash
The International Monetary Fund's bid to win a big boost in funding to handle the eurozone debt crisis hit a speed bump on Thursday when Brazil demanded more power at the IMF for emerging economies as
Vodafone wins more time for Cable & Wireless bid
Vodafone has got four more days to decide whether to bid for British group Cable & Wireless Worldwide after talks failed to result in a deal before Thursday's deadline, the corporate telecoms provider
India economy to recover, more rate cuts seen: Reuters Poll
India's economy will pick up in 2012, although more gradually than previously thought, while average inflation will be slower, giving the Reserve Bank room to cut rates by another 50 basis points duri
Royal Enfield roars back on quieter, sleeker bikes
The 'thump' is gone, but sales are booming. Royal Enfield, a 119-year-old Anglo-Indian motorcycle maker with a cult following, has brought its distinctive bikes into the modern era with new and quiete
Sistema to take $1 billion writedown on India: Sources
Russian services conglomerate Sistema will take a writedown of nearly $1 billion related to the suspension of its Indian licences, sources close to Sistema said on Friday.
The writedown is a non-cash
Geithner presses India on proposed changes to tax law
U.S. Treasury Secretary Timothy Geithner on Thursday, reflecting concerns in the U.S. business community, pressed Finance Minister Pranab Mukherjee for reassurances India remains open to foreign inves
Royal Enfield roars back on quieter, sleeker bikes
The 'thump' is gone, but sales are booming. Royal Enfield, a 119-year-old Anglo-Indian motorcycle maker with a cult following, has brought its distinctive bikes into the modern era with new and quiete
Pakistan avalanche brings call for glacier demilitarisation
Pakistan's army chief on Wednesday made a rare call for the demilitarisation of the world's highest battlefield after touring the site of an avalanche that buried 129 Pakistani soldiers near the borde
Tata bows out of Cable & Wireless bid race
Tata Communications said on Wednesday it would not make a bid for Britain's Cable & Wireless Worldwide, opening the door for a possible offer from Vodafone for the company.
Vodafone, which in Februar