IKEA closer to India entry after easing of rules
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
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
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
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
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.
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Philippines, Muslim rebels agree landmark peace deal
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
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
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
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
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.
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