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IKEA closer to India entry after easing of rules

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IKEA, the world's largest furniture retailer, pushed ahead on Monday with a plan to open its first stores in India following the relaxation of rules on sourcing from local suppliers.

India last month

India moves to dismantle stifling infrastructure controls

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India looks set to begin dismantling a complex web of regulatory requirements that throttle its infrastructure growth, with plans to set up a special body this week to speed up projects in a sector se

Government to unveil 'credible, feasible' fiscal plan

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India will unveil a 'credible and feasible' fiscal consolidation path for the next five years, Finance Minister P. Chidambaram said on Monday, days after a government panel said the economy was on the

SEBI allows follow-on share offerings for unprofitable companies

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India's capital markets regulator on Saturday permitted loss-making listed firms to raise funds by selling shares, making it easier for such firms to meet their capital needs.

Previously, only profit

Chavez's socialist rule at risk as Venezuelans vote

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Venezuelans vote on Sunday with President Hugo Chavez facing the biggest electoral challenge yet to his socialist rule from a young rival tapping into discontent over crime and cronyism.

Henrique Cap

Philippines, Muslim rebels agree landmark peace deal

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The Philippine government and Muslim rebels have agreed a peace deal to end a 40-year conflict that has killed more than 120,000 people, President Benigno Aquino said on Sunday, paving the way for a p

Ex-GE CEO Welch sets Twitter afire with Obama jab

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Jack Welch, the lionised former chairman of General Electric Co, provoked cries of outrage in Washington on Friday when he appeared to accuse the White House of manipulating September job figures for

Djokovic beats Tsonga for third China Open title

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Top-seeded Serbian Novak Djokovic beat Frenchman Jo-Wilfried Tsonga 7-6 6-2 on Sunday to win his third China Open tennis title in Beijing.

World number two Djokovic dug deep in the first set after an

Nishikori rips Raonic to win Japan Open

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Kei Nishikori stunned big-serving Milos Raonic 7-6 3-6 6-0 with an electrifying display of attacking tennis to become the host country's first Japan Open champion on Sunday.

It was the eighth seed's

Govt may shut Kingfisher as fleet remains grounded

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Debt-strapped Kingfisher Airlines, devoid of a turnaround plan to get back into the air, faced a possible shutdown by the government after extending the grounding of its fleet for another week.

The D

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.