SBI picks banks for dollar bond sale: Sources
State Bank of India plans to raise at least $500 million through a five-year overseas bond sale as soon as July, two sources with direct knowledge said, potentially reopening the dollar bond market fo
Philippines wants US spy plane help in China dispute
Philippine President Benigno Aquino said on Monday he may ask the United States to deploy spy planes in the South China Sea to help monitor the disputed waters, a move that may reignite tension with its giant neighbour China
Barclays chairman to quit; Libor discussed with BoE
Barclays Plc chairman Marcus Agius is set to quit on Monday as the interest rate rigging scandal takes its first major scalp and threatens to widen to other banks, raising questions about the involvem
Reliance Communications launches subsea cable in Iraq
Reliance Globalcom, the underseas cable unit of Reliance Communications, said on Monday it had launched a joint venture with Iraq that substantially expands the country's broadband and telecommunicati
CERN hopes it will spot ‘God particle’ this week
It has been fancifully dubbed the angel of creation and, to the particular scorn of physicists, the “God particle”.
Time to buy India? Some investors say yes
India has gone from the country set to overtake China to the country that can do nothing right. Now, a few contrarians see signs India is turning a corner.
India's problems from a record current acco
As crops rot, millions go hungry in India
Every day some 3,000 Indian children die from illnesses related to malnutrition, and yet countless heaps of rodent-infested wheat and rice are rotting in fields across the north of their own country.
Adani aims to start digging Australia mine in 2013
Adani Enterprises aims to start building its first Australian coal mine in July 2013 at an expected cost of around $4 billion, so it can produce 23 million tonnes a year in its first year, its Austral
SREI Infra buys $72 million of Kingfisher debt
A debt fund managed by SREI Infrastructure Finance has bought about Rs 4 billion worth of debt of Kingfisher Airlines from ICICI Bank, its vice-chairman said on Monday.
"There was an opportunity beca
Macquarie cuts ratings of TCS, Infosys, Wipro
Macquarie Equities Research has downgraded IT services sector to 'underweight' from 'overweight' citing demand concerns as Infosys which already has 30 per cent of staff on the bench, delays joining d