India's Commerce Minister Anand Sharma spoke to CNBC's Adam Bakhtiar in an exclusive interview about the global impact of India's trade deal with the European Union» Read More
NEW DELHI, Oct 11- India's annual exports fell for the fifth consecutive month and imports rose in September, pushing the trade deficit to its widest in 11 months in the latest bleak data from Asia's third largest economy as it struggles to balance its finances.
*Billionaire Mallya heads United, ailing Kingfisher Airlines. NEW DELHI/ MUMBAI, Oct 11- India's market regulator has written to billionaire Vijay Mallya's United Spirits Ltd "with a set of queries" after it recently announced it was in talks to sell a stake to Diageo Plc, a United spokesman said on Thursday, declining to specify the nature of the inquiry.
JAKARTA, Oct 11- Full text of Bank Indonesia's policy statement, translated by Reuters. Bank Indonesia will continue to strengthen coordination with government in managing domestic demand and improving balance of payments in line with the effort to maintain macroeconomic stability and sustain national economic growth.
Oct 11- WH Smith Plc said Chief Executive Kate Swann will step down on June 30, after running the books and stationery retailer for a decade, sending its shares down as much as 7 percent. Steve Clarke, managing director of the company's High Street division, will take over from Swann on July 1.
*Telenor still needs local partner for new business* Spectrum auction set for November for new licences* Telenor has not yet decided to participate in new auction* Unitech-Telenor JV caught in controversial court case By Devidutta Tripathy and Victoria Klesty.
The world's largest specialty toy retailer said it would ship to more than 60 countries in north, south and central America, Asia and Europe. The firm said on Wednesday it will open toy departments in 24 Macy's stores this holiday season.
NEW DELHI, Oct 11- Top Indian telecoms carrier Bharti Airtel's tower unit could launch its planned initial public offering in 2012, subject to clearance from market regulators, a senior group executive said. "We are ready to go...," said Akhil Gupta, deputy group chief executive of Bharti Enterprises, the telecom carrier's parent company.
MUMBAI, Oct 11- Private equity arm of Standard Chartered Plc will invest $35 million in Indian visual entertainment services group Prime Focus Ltd at a maximum price of 53 rupees per share, the Indian firm said.
NEW DELHI, Oct 11- The Indian government raised price of the most used nitrogenous fertiliser urea by 50 rupees per tonne on Thursday, a government spokesman said. In 2011/ 12, urea consumption in India stood at 29 million tonnes compared to 28.2 million tonnes a year earlier.
Oct 11- Alaska Air Group Inc, parent company of Alaska Airlines, will order 50 Boeing Co 737 single-aisle jetliners on Thursday, the Wall Street Journal reported, citing two people familiar with the matter. The order is expected to include Boeing's current generation 737 aircraft and the updated 737 MAX-8 and MAX-9 jetliners, the daily said.
Shares in mobile phone operator Axiata Group Bhd dropped as much as 2.24 percent after the end of its domestic roaming agreement between its Malaysian unit Celcom and local peer U Mobile.
DUBAI, Oct 11- Yemen's only liquefied natural gas terminal began exporting LNG again this week, ship tracking data showed on Thursday, after being forced to shut when its feed pipeline was blown up in late September.
*S&P/ASX 200 index fell 7 points to 4,483.5* Lynas Corp Ltd. plunges 15 pct on Malaysia delay. Shares pulled back from 14- month highs on Wednesday after the IMF cut its growth forecast for China, Australia's biggest export market.
Oct 11- Books and stationery retailer WH Smith Plc said Chief Executive Kate Swann will step down on June 30, after being at the helm for nine years. The company named Steve Clarke, managing director of its High Street division, as Swann's successor. WH Smith said Clarke's appointment was part of its long-term succession plan.
MUMBAI, Oct 11- India's biggest property developer DLF Ltd was likely to suffer no material impact from accusations by anti-corruption activists of improper dealings, and the issue had been largely priced in to the stock, UBS said.
By Tony Munroe and Sumeet Chatterjee MUMBAI, Oct 11- India's Suzlon Energy Ltd. A total of $1.3 billion of convertible bonds are expected to come up for redemption in the October-December quarter, local brokerage Kotak Securities said in a report last month.
The Reserve Bank of India said on Thursday it accepted all 29 bids for 692.65 billion rupees at its one-day repo auction, through which it injects liquidity into the banking system. DATE APPLICATIONS APPLICATIONS FIXED RATE RECEIVED ACCEPTED.
TAIPEI, Oct 11- Taiwan stocks ended 1.85 percent lower on Thursday, underperforming other regional bourses and pulled down by heavyweights HTC. TSMC shed 1.84 percent, while Hon Hai tumbled 3.7 percent, though both reported rises in September sales. The Taiwan dollar was up by T $0.101 to trade at T $29.298.
SINGAPORE, Oct 11- Indian Bharat Petroleum Corp Ltd sold a naphtha cargo to Unipec for about $26 a tonne above Middle East quotes on a free-on-board basis, down by as much as a third on spot prices for two previous October cargoes, traders said on Thursday.
MELBOURNE, Oct 11- Australian shares fell 0.2 percent on Thursday, weighed by weakness in miners but paring steeper earlier losses after data showed a jump in jobs in September. Lynas Corp Ltd plunged 15 percent as it faced another delay in opening its rare earths plant in Malaysia.