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Reuters

India allows more banks to import gold in easing of curbs

General

19 March, 2014

India allows more banks to import gold in easing of curbs

India has allowed five domestic private sector banks to import gold, in what industry officials say could be a significant ......

Sensex, Nifty hit life highs as domestic-focused firms rally

General

18 March, 2014

Sensex, Nifty hit life highs as domestic-focused firms rally

The BSE Sensex and Nifty rallied to record highs on Tuesday as strong buying by foreign investors continued to bolster ......

Inditex quietly grooms cut-price brand for budget battle

Consumer

18 March, 2014

Inditex quietly grooms cut-price brand for budget battle

At the Xanadu shopping mall in Madrid's suburbs, the indoor ski slope is busy with children but the designer stores ......

Silk and jewellery retailer Kalyan Group in talks with top PE firms to raise up to $250M

Consumer

14 March, 2014

Silk and jewellery retailer Kalyan Group in talks with top PE firms to raise up to $250M

Indian silk and jewellery retailer Kalyan Group is holding separate talks with Blackstone, TPG Capital Management and Temasek Holdings to ......

Wholesale inflation eases to 9-month low of 4.68% in February

General

14 March, 2014

Wholesale inflation eases to 9-month low of 4.68% in February

India's wholesale price-based inflation eased to a nine-month low in February as food and fuel prices moderated, raising expectations that ......

Dr Reddy's recalls some lots of heartburn drug in US

Healthcare

13 March, 2014

Dr Reddy's recalls some lots of heartburn drug in US

Generic drugmaker Dr. Reddy's Laboratories Ltd is recalling about 58,656 bottles of the heartburn drug lansoprazole in the United States ......

Whyte & Mackay sale attracts several suitors, deal could be worth $600M

Consumer

13 March, 2014

Whyte & Mackay sale attracts several suitors, deal could be worth $600M

United Spirits' Whyte & Mackay whisky unit has attracted interest from several drinks makers and private equity firms and is ......

Consumer inflation slows to 2-yr low of 8.1% in February, industrial output up marginally in January

General

12 March, 2014

Consumer inflation slows to 2-yr low of 8.1% in February, industrial output up marginally in January

India's flagging economy delivered rare good news on Wednesday with a slight expansion of industrial production and further cooling in ......

Big Pharma still betting on "messed up" Indian drugs market

Healthcare

12 March, 2014

Big Pharma still betting on "messed up" Indian drugs market

Global drugmakers have had a nauseous time in India's $14 billion market. Prices have dropped and valuable patents have been ......

India halts plan to join global bond indexes, defers association with Euroclear

General

11 March, 2014

India halts plan to join global bond indexes, defers association with Euroclear

India has put on ice plans to join major emerging market bond indexes that would require it to remove restrictions ......