Goldman to improve disclosure
Goldman Sachs Group Inc, responding to pressure from shareholders, regulators and others, said it will disclose more information about how it makes money.
'The King's Speech' tops UK box office
"The King's Speech" -- already widely tipped as an Oscar contender -- topped the British box office over the weekend, but the take failed to match the hype, according to figures from Screen International on Tuesday.
Film outtakes steal stage in Chevron Ecuador case
Outtakes from a documentary meant to help the cause of Ecuadorean farmers suing US energy giant Chevron Corp could become a liability for their case as a decision nears in the environmental damages lawsuit.
Belgium readies budget cuts after king intervenes
Belgium's caretaker government gave itself 24 hours on Tuesday to prepare budget cuts designed to calm financial markets unsettled by the country's heavy debt and political crisis, after an unusual intervention by the king.
REpower signs contract for 51 MW US wind farm project
REpower Systems AG (WKN 617703) – in which Suzlon Energy Limited is a majority shareholder with over 90 per cent holding – has concluded a contract for the delivery of 25 wind turbines with EverPower Wind Holdings, Inc. with an option to purchase an additional 85 units.
Reliance MediaWorks launches Hollywood Benchmarked Studios
Reliance MediaWorks Ltd (RMW), India’s fastest growing film and entertainment services company and a member of the Reliance ADA group announced the launch of its Studio operations.
Parsvnath raises Rs 1,000 mn in premium residential project
Parsvnath Developers Limited (“PDL”), one of India’s leading real estate and infrastructure providers, has inked an agreement with SUN-Apollo India Real Estate Fund LLC.
India's Petronet LNG likely to buy 4 spot cargoes: Exec
India's Petronet LNG is likely to buy four spot liquefied natural gas (LNG) cargoes in January-March quarter, its CEO and managing director AK Balyan said on Tuesday.
Cabinet changes could give hint on reform
Prime Minister Manmohan Singh may reshuffle his cabinet this month, government sources said on Tuesday, in a move that may reveal how much support he is giving to some reformist ministers.
Bhutan police raid homes to stub out smoking habit
Bhutan police can raid homes of smokers in a search for contraband tobacco and are training a special tobacco sniffer dog in a crackdown to honour a promise to become the world's first smoke-free nation.
Sickly India needs universal healthcare by 2020
Despite rapid economic growth, India's healthcare system remains blighted by high rates of infant mortality and deaths in childbirth, malaria, tuberculosis and a growing problem with chronic diseases, experts said.
Gifts in the name of a comic hero cheer Japan
A wave of anonymous donations of toys and money to underprivileged Japanese children in the name of a comic hero was spreading on Tuesday, cheering a nation still shadowed by the impact of a sluggish economic recovery.
Auto sales set to slow after record surge in 2010
Auto sales in India grew a record 31% in 2010, driven by a burgeoning middle class in Asia's third-largest economy, but tougher comparisons, a likely hike in interest rates, and rising fuel and vehicles costs are expected to slow sales growth this year.
Cox & Kings sees India outbound mkt touching $40 bln
The Indian outbound travel market could expand to USD 35-40 bn over the next five years from the current USD 12 bn buoyed by a rapidly growing organised tourism market, a senior official at Cox & Kings said on Tuesday.
Mobile broadband users seen hitting 1 bn in 2011
Mobile broadband subscriptions are on track to surpass 1 billion in 2011 only months after reaching half a billion, Ericsson said on Tuesday, highlighting a key growth driver for the telecom sector.
Google names former Microsoft India MD as new India chief
Google has appointed Rajan Anandan, previously managing director of Microsoft's India unit, as head of its India operations effective immediately.
Tata Steel offering to raise up $800 mn by end-Jan: Sources
Tata Steel, the world's seventh largest steel maker, plans to raise up to USD 800 mn through a share sale expected to be launched in the last week of this month, three sources with direct knowledge said.
India's Dec gold ETF volumes soar 74.3% on year
Gold volumes in Exchange Traded Funds (ETF) in India, the world largest consumer, surged 74.3% in December, when the yellow metal struck its record high, data from funds showed.
Japan government to face first suit on surnames
After nearly fifty years of persevering with a life under her husband's surname, 75-year-old Kyoko Tsukamoto is taking the Japanese government to court so that she can at least bear her own name when she dies.
South Korea joins global action to boost food supply
South Korea unveiled steps on Tuesday to combat the threat of rising food prices, joining a flurry of activity as policymakers grow increasingly worried that inflation could derail a global recovery.
Asian steelmakers face input cost rise, eye price hikes
Japanese and Korean steelmakers are seen posting weak December quarter profits as tepid demand and rising raw material costs hurt margins, but mills in China and India could outperform, helped by stronger domestic growth.
Container Corp may offload 51% in logistics parks
State-run logistics firm Container Corporation of India may hive off its upcoming logistics parks and offload up to 51% equity in each of them to a partner from among customers, landowners or logistics players, a senior executive said.
Mercedes-Benz clocks its highest ever sale in 2010
Mercedes-Benz India announced a remarkable year-end sales performance for 2010. The company has sold 5819 cars from Jan – Dec 2010 which is a growth of 80% over 2009 (3250 units in 2009).
Audi India records impressive 81% growth in 2010
Audi, the German luxury car manufacturer, has recorded an impressive 81 percent growth in India in the calendar year 2010, exceeding its annual sales targets, yet again. Audi India sold 3003 cars this year compared to 1658 cars sold in 2009.
