Govt delays approvals on 52 oil, gas exploration blocks
Energy firms that have invested more than $12 billion have been hit by delays on required approvals for 52 exploration blocks, some awarded as far back as 1999, Oil Minister S. Jaipal Reddy said in a
India faces Twitter backlash over Internet clampdown
The government faced an angry backlash from Twitter users on Thursday after ordering Internet service providers to block about 20 accounts that officials said had spread scare-mongering material that
Citi to yank $410 million from Paulson's funds: Sources
The blows keep coming for hedge fund manager John Paulson, with Citi Private Bank deciding it will withdraw $410 million from his Paulson & Co hedge fund, according to people familiar with the decisio
Merkel tops Forbes list of powerful women; Sonia No. 6
Forbes magazine ranked German Chancellor Angela Merkel the most powerful woman in the world for the second year in a row in the annual list dominated by politicians, businesswomen and media figures.
Citigroup slams Nasdaq's Facebook compensation plan
Citigroup slammed Nasdaq OMX Group Inc's plan to compensate firms harmed by Facebook's botched market debut to the tune of $62 million, saying in a regulatory filing the exchange should be liable for
Fed looks set to ease fairly soon barring swift rebound
The Federal Reserve is likely to deliver another round of monetary stimulus 'fairly soon' unless the economy improves considerably, minutes from the U.S. central bank's latest meeting suggested.
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Religare Healthcare Trust eyes up to $400 million Singapore IPO: Source
Religare Health Trust, which will own assets managed by Indian hospital group Fortis, plans to begin premarketing in Singapore in early September an initial public offering that could raise up to S$50
RBI stays hawkish, urges govt to trim expenditure
The Reserve Bank of India (RBI) said on Thursday that fighting inflation remained the cornerstone of its monetary policy, and urged the government to cut expenditure, indicating it was unlikely to act
Banks call 2-day strike; trading volumes may be hit
Unions at Indian banks representing about one million employees have called for a nationwide two-day strike beginning on Wednesday to protest against reform proposals that would ease mergers and allow
Facebook's director in spotlight after cashing out
Peter Thiel was the first investor to take a gamble on Facebook Inc. Now some people are wondering whether, in selling most of his stake, the Facebook board member is signaling to others that it's tim