Germany seeks to sell Eurofighters to India, back submarine programme
May 27, 2015 at 19:47 | Source:
New Delhi: Germany's defence minister held out the prospect of more talks on a possible sale of Eurofighter jets to India and, on a visit to New Delhi, said on Wednesday Berlin stood ready to back a multi-billion-dollar Indian submarine project.Prime...
Supreme Court bars Glenmark from selling Merck drug copies| Reuters
May 16, 2015 at 00:45 | Source:
MUMBAI The Supreme Court of India has barred Glenmark Pharmaceuticals (GLEN.NS) from making and selling copies of U.S. drugmaker Merck's (MRK.N) diabetes drugs Januvia and Janumet, according to a court document released on Friday.The court has, howev...
Vedanta Resources takes $4.5 billion writedown as oil drags | Reuters
May 15, 2015 at 03:15 | Source:
Vedanta Resources Plc (VED.L) posted a full-year loss after a sharp drop in crude prices precipitated a $4.5 billion writedown related to its Indian oil and gas business.The company's London-listed shares fell as much as 4 percent early on Thursday b...
Pound jumps after Britain's Conservatives lead election
May 08, 2015 at 12:17 | Source:
The British pound jumped on Friday after exit polls showed Prime Minister David Cameron's Conservatives headed for victory, while the dollar won support on hopes for a solid US jobs report later in the day.In Tokyo afternoon trade, sterling fetched $...
Sensex crashes 723 points: Why investors are disenchanted with Modi govt
May 06, 2015 at 15:48 | Source:
The Indian equity markets are nosediving. The Sensex, which has been on a roll ever since the BJP declared Narendra Modi as its prime minister candidate in September 2013, is clearly losing its fizz. The benchmark index has fallen 8 percent over the ...
Jaya slams petrol price hike, demands revision of price fixation policy
May 01, 2015 at 14:41 | Source:
Chennai: Slamming the recent hike in prices of petrol and diesel, AIADMK General Secretary J Jayalalithaa on Friday demanded revision of the price fixation policy for petroleum products."The increase in prices of petrol and diesel effected by Oi...
Wipro promotes Premji heir apparent to board| Reuters
Apr 21, 2015 at 23:45 | Source:
BENGALURU (Reuters) - Wipro Ltd, India's third-biggest software services exporter, has appointed the son of billionaire founder Azim Premji to its board, in a long awaited promotion that moves the chairman's heir apparent closer to the top spot.Risha...
Iran N-deal, Yemen evacuation will allow India to project power in region
Apr 10, 2015 at 12:53 | Source:
The apparent rapprochement between the US and Iran is historic. After the 1979 overthrow of the Shah, this is the first time Iran has reached a semblance of normalcy and that is something positive: Iran is too large a power, and has too great a sense...
The Western Deep State's assault on India - and what to do about it
Apr 01, 2015 at 14:00 | Source:
This piece is a continuation of an earlier piece on the deep western state and Indias possible inclusion in a new American, or more generally, western-sponsored axis of evil. Events have overtaken us since the first piece was written, and India has m...
Markets collapse on geopolitical worries, Sensex tanks 654 points
Mar 26, 2015 at 19:31 | Source:
Mumbai: Rising geopolitical tension in the Middle East spooked domestic markets today with benchmark Sensex plummeting 654 points, its biggest daily fall in nearly three months, to close at 27,457.58.Across-the-board selling on the last day of monthl...