Hewlett-Packard Co warned of a mammoth quarterly loss after writing down $8 billion on the value of its services business, most of which it acquired four years ago with its $14 billion purchase of EDS

Cowboy local regulator or the exposer of lax federal bureaucrats?

That's the key question being asked about New York banking regulator Benjamin Lawsky after his explosive charge that London's Standar

India's industrial output grew at a slower pace in June, hobbled by weak investment at home because of policy inaction and a drop in export orders from the United States and Europe, a Reuters polls showed on Tuesday.

Moody's Analytics cut India's growth forecast to 5.5 per cent for 2012 citing a lack of government or RBI action despite a broad-based slowdown, as well as a poor monsoon.

The research unit of rating

India's market leader Bharti Airtel has reported a 10th straight decline in quarterly profits. Overcrowding has forced prices to rock bottom, and an uncertain regulatory environment is preventing consolidation.

A siren rang out in the cable factory in northern India when there was a power blackout in half the country last week, but its computer screens didn't even blink as $180,000 worth of batteries seamles

A New York bank regulator's broadside against Standard Chartered Plc over transactions tied to Iran left investors and the bank questioning the action, which on Tuesday wiped $17 billion off the bank'

Top telecoms carrier Bharti Airtel reported its 10th straight quarter of profit decline as competition squeezed margins despite gaining subscriber market share from some of its smaller rivals.

More economists slashed their economic forecasts for India with Citigroup and CLSA cutting their outlooks for growth to 5.4 per cent and 5.5 per cent respectively in the fiscal year ending March, with

Mahindra & Mahindra, India's biggest utility vehicle manufacturer, posted a better-than-expected 20 per cent rise in quarterly profit as strong demand for its sporty cars offset sluggish sales at its