News

Nandan Nilekani: India's IT guy (CNN)
He's been called the Bill Gates of India, the man who has made India synonymous with IT and outsourcing, and is consistently cited as one of the world's best technology and business brains.

Pietersen seeking centuries in India (AFP via Yahoo! News)
England need big scores in India if the tourists are to turn around a 3-0 deficit in the seven-match one-day series, captain Kevin Pietersen said on Friday.

India says poor should not pay for 'profligacy' of rich nations (AFP via Yahoo! News)
India's premier said Friday the poor should not pay for the "profligacy" of rich nations as he vowed to use every fiscal and monetary tool to fend off the impact of the global financial crisis.

India says poor should not pay for profligacy of rich nations (AFP via Yahoo! News)
India's premier said Friday the poor should not pay for the "profligacy" of rich nations as he vowed to use all fiscal and monetary tools to tackle the knock-on impact of the global financial crisis.

India's golfer Singh cautious over back-to-back wins (AFP via Yahoo! News)
India's Jeev Milkha Singh was cautious over his chances of back-to-back wins despite roaring into contention with a sparkling 63 at the Hong Kong Open on Friday.

India's Rupee Completes Second Weekly Loss on Capital Outflows (Bloomberg)
Nov. 21 (Bloomberg) -- India's rupee completed a second weekly loss as a slide in global stocks fueled concern investors will step up equity sales.

Fiat to Sell Linea in India, First New Car in 7 Years (Update1) (Bloomberg)
Nov. 21 (Bloomberg) -- Fiat SpA , Italy's largest automaker, will begin selling the Linea sedan in India from next month, betting on its first new locally-built model in seven years to lift sales.

Swaps Signal India Rate Cut `Imminent,' Standard Chartered Says (Bloomberg)
Nov. 21 (Bloomberg) -- A slide in India's interest-rate swap rates to the lowest in more than four years shows that investors are bracing for an ``imminent'' cut in borrowing costs by the central bank, Standard Chartered Plc said.

Ericsson, ZTE to Defy Slump on China, India Growth (Update2) (Bloomberg)
Nov. 21 (Bloomberg) -- Ericsson AB and ZTE Corp. are among phone-equipment makers that will be buffered against the global recession next year by expansion of wireless networks in India and China, according to industry executives.

Toshiba, Hitachi Seek Atomic Cooperation With India as Ban Ends (Bloomberg)
Nov. 21 (Bloomberg) -- Japanese nuclear-reactor makers will visit India for the first time since a three-decade ban on atomic trade with the country ended and seek to catch up with the U.S. and France in the race to build power plants.