Bolivia to seek new partner after Jindal quits
Bolivia's government said on Tuesday it wants to award a new contract to exploit a huge iron ore deposit within six months after Jindal Steel & Power Ltd confirmed it was abandoning the El Mutun proje
June consumer inflation 10.02 pct year-on-year: Govt
India's annual consumer price inflation slowed slightly in June to 10.02 per cent, government data showed on Wednesday, but food prices accelerated as concerns rose about below-average monsoon rains.
Gold edges lower on Fed stimulus uncertainty
Gold edged lower on Wednesday, extending losses from the previous session when the U.S. Federal Reserve chairman Ben Bernanke disappointed gold bugs by offering no signs of imminent monetary stimulus
Bajaj Auto Q1 net up one per cent despite export slump
Bajaj Auto Ltd, India's second-largest motorcycle maker, reported flat net profit for the June quarter, but saw its shares jump as its profit margin weathered a slump in exports of its lucrative comme
Reliance Mediaworks to raise $110 million from foreign PE fund
Reliance Mediaworks, controlled by billionaire Anil Ambani, has agreed to raise Rs 6.05 billion from a foreign private equity fund, a source with direct knowledge of the development told media persons
Bernanke offers gloomy view but few new hints on easing
Federal Reserve chairman Ben Bernanke on Tuesday offered a gloomy view of the economy's prospects, but provided few concrete clues on whether the U.S. central bank was moving closer to a fresh round o
India may clear Dreamliner compensation in 15 days
The cabinet is likely to clear in 15 days a compensation package agreed by state-run Air India and Boeing Co over delayed deliveries of Dreamliners by the U.S. planemaker, civil aviation minister Ajit
Lack of monsoon rain may not mean stocks pain
Indian stock markets have been awash with worries about a weak monsoon, but a look at the historic performance of the Sensex in the June-September season may dispel those fears.
Stock investors tend
Senators doubtful as HSBC touts money-laundering fixes
Officials of HSBC Holdings Plc pledged to a U.S. Senate panel on Tuesday that the bank is changing the way it polices illicit funds, but senators were skeptical the bank could deliver on promises it h
Manchester United world's most valuable team: Forbes
English soccer club Manchester United retained their title as the world's most valuable sports team, according to an annual top 50 list released by Forbes on Monday that was dominated by National Foot