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| June 27, 2008 | | Financial advice for India
As a General Electric employee working in business development in New Delhi, Dhruv Bhatia knew something about finance.
Engaging India: The road to growth
For India to realise its ambitions of sustaining 9 per cent annual GDP growth in the medium term and ensuring that the benefits of growth reach more and more people, sound infrastructure is critical.
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| June 26, 2008 | | India's GMR to buy half of InterGen for $1.1bn
Indian infrastructure group GMR on Wednesday agreed to buy half of US power producer InterGen for about $1.1bn from an investment firm backed by American International Group and Highstar Capital.
View of the day: Controlling Indian inflation
The Reserve Bank of India this week announced a 50 basis point rise in its repo rate to 8.5 per cent, a move that Hugo Navarro at Capital Economics says provided a rebuttal to the mounting criticism that the central bank had done "too little, too late" to stem rising inflation.
Reliance aims for the stars in Bollywood deal joint venture
Indian billionaire industrialist Anil Ambani has joined up with the family of Amitabh Bachchan, the Bollywood actor, to set up a joint venture to make films.
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| June 24, 2008 | | CDC to invest in Indian property
CDC Group, the UK-based private equity fund-of-funds operator, is to invest $250m (pound 126m) in to three Indian infrastructure and real estate funds, joining a growing list of foreign groups targeting the sectors.
Vodafone's India tax trial begins
A landmark tax case between Vodafone of the UK and the Indian government that is set to determine the future climate for mergers and acquisitions in the country began on Monday.
Microsoft braced for post-Gates era
The failure to spot the threat from Google until it was too late - and how Microsoft has struggled to find a response, failing this year to first buy and then ally itself with Yahoo - has become the touchstone by which the world's biggest software company is judged.
The Grand Master of all he surveys
Long after Bill Gates's departure from full-time work at Microsoft, his intensive interrogation of subordinates during frequent product reviews will remain a telling collective memory of the man.
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| June 20, 2008 | | Gates finds controversy even in works of charity
Ten years after Bill Gates, the world's richest man, laid the groundwork for what has become the world's largest charity, construction is shortly to begin in Seattle on a headquarters designed to put his organisation on the map for decades to come.
An interview with Bill Gates
Transcript of the interview that appeared in Financial Times on February 15, 2006.
Innovator, motivator and canny businessman
The company may employ more than 60,000 people, but Mr Gates's intellectually combative nature still defines its corporate culture and he remains the figurehead for its armies of software developers.
Life without Bill: Nerds react
For years, the true nerds of Silicon Valley have obsessed about Bill Gates. They damned Microsoft as an evil empire and proclaimed Gates its Darth Vader. His products? Technically inferior and chronically behind schedule. His company? An evil monopoly bent on world domination and the suppression of truly great software.
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| June 19, 2008 | | Property prices threaten Indian retail sector
The head of Pantaloon, India 's leading retailer, has warned that high property prices in big Indian cities are threatening the country's burgeoning retail industry and adding to the pressures brought on by soaring construction and labour costs
India's report card fails to make the grade
For all the praise the government has heaped on itself, there is little evidence that this sentiment is shared by the wider Indian community, particularly those seeking more aggressive economic reforms
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| June 17, 2008 | | Brothers threaten clash over Reliance sale
A flare up of sibling rivalry between India 's billionaire Ambani brothers over the proposed takeover of mobile operator Reliance Communications by South Africa's MTN is threatening to spill over into the courts.
Ranbaxy chief defends sale to Daiichi
Since Malvinder Mohan Singh announced last week that he would sell leading Indian generic drug maker Ranbaxy to Daiichi Sankyo of Japan, incredulous friends have deluged him with messages.
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| June 14, 2008 | | Inaction may be India's solution
The rise in inflation could not have come at a worse time for the government, which needs to call a general election by May next year in a country whose hundreds of millions of poor voters are sensitive even to incremental increases in the cost of living.
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| June 13, 2008 | | Yahoo and Google 'close to ad deal'
Yahoo and Google are close to sealing a search advertising alliance that would leave Microsoft out in the cold as it hunts for a way to boost its own flagging search business, according to a person familiar with the matter. Separately Yahoo said on Thursday that talks with Microsoft on the latter's bid for the company were now over.
Engaging India: Hard graft
It is possible to loosen corruption's grip in India.
India helps recharge batteries and open eyes
How do you motivate the motivators? How do you teach leadership to leaders?
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| June 12, 2008 | | Shock in India over Ranbaxy sale
As India's largest drugmaker unveiled a deal worth up to $4.6bn to sell control to Daiichi Sankyo of Japan, the disbelief at the press conference was palpable.
Google founder pays $5m for space station flight
Mr Brin has signed up with the space tourism company Space Adventures for priority seating on a mission that would orbit the earth.
Indian wage inflation to grow
Indian companies are likely to keep raising salaries by about 15 per cent a year until 2011 as skills shortages overshadow concerns about higher input costs, according to Mercer, the consultancy.
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| June 11, 2008 | | ArcelorMittal to spend $5bn on Kazakh plant
ArcelorMittal is spending $5bn to double the output of its plant in Kazakhstan in a further expression of confidence by the world's biggest steelmaker in the likelihood of robust economic growth outside the main developed regions. Some $1.2bn of the investment is geared to improving health and safety at the steel plant in Temirtau and associated coal and iron ore mines.
Vedanta plans $20bn investment in India
Vedanta Resources, the UK-listed mining group, is planning to invest $20bn in India in the next four years to expand its metals, mining and electricity generation operations in the country.
Gazprom predicts oil will reach $250
Gazprom, Russia's gas monopoly, on Tuesday predicted oil prices would reach $250 a barrel in 2009. The prediction came as the developed world's energy watchdog warned that record high oil prices were needed to choke off demand in order to balance the oil market.
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| June 10, 2008 | | Law firms given hope of India breakthrough
The lucrative Indian legal market - a holy grail for leading City-based international law firms - could be opened up in as little as three years if political conditions are favourable, Bridget Prentice, justice minister, has claimed.
Reasons to remain upbeat on India
Indian equities have had a rocky start to 2008, after years of double digit growth, but that has not stopped providers coming to the market with fund launches
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| June 05, 2008 | | Oil slips after India lowers subsidies
Oil prices slid to a three-week low on Wednesday on expectations of falling global demand after India , the world's sixth largest oil and gas consumer, lowered its fuel subsidies.
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| June 04, 2008 | | StanChart and Mittal eye India issue
Standard Chartered, the UK-based emerging markets bank, and ArcelorMittal, the world's largest steel company, are considering listing in India using a domestic depositary receipt programme. The proposed listings are still at an exploratory stage.
Global vision will lift India
Once a shining jewel, India 's sparkle has dimmed in recent months.
Bank welcomes India's poor
Cities are new territory for Basix and other microfinance institutions, which first flourished in India 's rural villages
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| May 31, 2008 | | Reliance head seeks main role with MTN
A possible merger of Reliance Communications of India and South Africa's MTN could see Anil Ambani become the enlarged group's chairman and biggest shareholder with a stake of almost 35 per cent.
Reliance could offer MTN right connection
Like Bharti, India 's largest mobile operator, Reliance has global aspirations. After losing last year's keenly-contested $11bn takeover of Hutchison Essar, India 's fourth-largest mobile operator, to Vodafone of the UK, Reliance needs to raise its game or risk becoming an also-ran.
Delhi dithers as big retail rattles the gates
India 's government has obviously never heard the maxim: "Don't put off until tomorrow what you can do today". The government routinely defers decisions by commissioning studies of thorny issues in the hope they will have blown over by the time a report is filed a year later.
Man in the news: Anil Ambani
People who know Mr Ambani, estimated by Forbes as the world's sixth richest man with a net worth of about $42bn, say the deal is typical of his aggressive style.
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| May 21, 2008 | | Sari nights and henna parties
As Indians become wealthier they are spending more to stage elaborate multi-day events leading up to the ceremony. India's $31bn wedding industry is growing at 25 per cent a year, according to a report in the Indian magazine The Week.
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| May 20, 2008 | | Indian fund assets to double
Indian mutual fund assets are forecast to continue their meteoric rise and will more than double over the next five years on the back of strong economic growth, more mature financial markets and a highly competitive distribution system.
Indian bank eyes foreign acquisitions
India's Kotak Mahindra Bank, the former local partner of Goldman Sachs (NYSE:GS) , has become one of the first financial groups in the country to take steps towards seeking overseas acquisitions.
Lobby group challenges Bharti-MTN tie-up
An Indian consumer pressure group has warned that a proposed deal between Bharti, the country's largest mobile operator, and South Africa's MTN could breach the country's foreign ownership rules.
Ban ignores benefits reaped from markets
India's traditional commodity brokers, the ahratiyas, had often colluded to cheat farmers out of the proper prices for their produce, according to the report by the committee on financial sector reform headed by Raghuram G Rajan, a former chief economist at the International Monetary Fund.
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| May 16, 2008 | | Hot times for curry houses
So far, most restaurants are resisting passing on the rising price of rice, lentils and energy to customers
Bharti on brink of sparking Indian revolution
Billionaire Sunil Mittal, arguably India 's most successful telecom entrepreneur, may be on the verge of starting another revolution in the country's corporate world. Mr Mittal, who has built his mobile operator Bharti Airtel from a bit player into a $40bn company in less than a decade, is now pondering a deal that could leave him holding a much smaller share in the group but turn it into a global player.
Flush with success
Bindeshwar Pathak has devoted his life to an unusual cause
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| May 08, 2008 | | Alibaba.com set to take top spot in India
Alibaba.com, China's biggest business-to-business website, on Tuesday said it was poised to become India 's top online marketplace by number of users as it launches its first major overseas expansion.
India futures ban mere 'posturing'
India 's threat to impose a blanket ban on agricultural commodities futures trading would not ease food prices, analysts, traders and food executives warned, describing the measure as political posturing.
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| May 07, 2008 | | Riches rise from Mumbai slum clearance
But this week, after years of navigating red tape, the 202-room Four Seasons Mumbai became the first luxury hotel of its size to launch in the city's south in about 20 years.
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| May 06, 2008 | | Arcelor cuts its holding in China Oriental
ArcelorMittal has sold part of its stake in a Chinese steelmaker it wants to control so it can meet the minimum free float requirement in Hong Kong where the shares trade.
India's battle with return of inflation
The Indian coalition government led by Sonia Gandhi, the Congress party leader, and Manmohan Singh, the prime minister, is watching the return of inflation to India with understandable alarm.
Hindujas plan to spend $50bn
The Hinduja family is planning investments of about $50 billion (Rs 2 lakh crore) in the next five years in India and abroad, led by a foray into oil and gas in Iran. The closely held group, run by four billionaire brothers, is also planning large investments in real estate, automotives, power and infrastructure, mostly in India, Europe and West Asia.
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| May 03, 2008 | | Rebooting the Indian green revolution
ITC has rolled out 6,400 e-choupals across India since 2000. The initiative has gained new relevance as New Delhi urgently tries to tackle threats to food security, the growing gap between rich and poor and stagnant agricultural growth that has added to soaring food prices.
Tata to launch banking arm if rules ease
India 's Tata group is moving to launch a full-service bank should restrictions preventing industrial groups from owning substantial stakes in banks be relaxed.
Bharti poised for MTN signal
Bharti Airtel, India 's leading mobile operator, said it could "move pretty quickly" if the board of MTN, the South Africa-based telecoms group, puts itself up for sale on Monday.
Camel demand up as oil price soars
Farmers in the Indian state of Rajasthan are rediscovering the humble camel.
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| May 02, 2008 | | Mumbai skies set for congestion crisis
The skies over Mumbai are set to face a congestion crisis early next decade with the Indian financial capital's existing international airport likely to be overloaded with passengers even after a $2.3bn expansion is completed, according to the city airport's top executive.
Mumbai arrives in style
In the past few months, shell-shocked air travellers emerging from Mumbai's domestic terminal 1B could have been forgiven for thinking they had somehow landed in Singapore. The revitalised terminal was the first sign that the airport's new regime, led by GV Sanjay Reddy, the managing director of the Mumbai International Airport, was beginning to have an impact.
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| May 01, 2008 | | Cairn India $800m pipeline approved
Cairn India has received a government approval that will enable it to proceed with the development of a pipeline to transport oil from its flagship fields in Rajasthan.
Bumpy ride for India airport projects
When the private consortium in charge of building and operating Bangalore's airport inquired last year about what was happening with the state government's road construction projects, it got some mixed news.
Aditya Mittal: The father, son and the great steel titan
One of the youngest - and most enigmatic - executives in any large company is Aditya Mittal, the 32-year-old chief financial officer of ArcelorMittal, the world's biggest steelmaker.
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