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  • NEW DELHI, Oct 8- India's economic slowdown has bottomed out, but a full recovery requires tough decisions, Finance Minister P. Chidambaram said on Monday, signalling his intent to push through unpopular reforms.

  • NEW DELHI, Oct 8- An Indian ministerial panel on Monday gave the go ahead to a proposal to charge mobile phone carriers a one-time fee for their existing second-generation airwave holdings based on a price to be determined by an upcoming auction, a TV channel reported quoting the law minister.

  • *Suri joins from ING Investment Management where he was managing director and CEO for the firm's business in India.

  • MUMBAI, Oct 8- Shares in India's biggest property developer DLF Ltd fell on Monday after anti-corruption activists accused the company of improper dealings with the son-in-law of the country's ruling party chief Sonia Gandhi. DLF shares were down 6.6 percent as of 0731 GMT, after falling as much as 6.9 percent.

  • MUMBAI, Oct 8- Shares in India's DLF Ltd dropped after anti-corruption activists accused the country's biggest property developer of improper dealings with a member of a prominent politician's family, prompting denials from the company.

  • India's main BSE index fell 1 percent while the 50- share NSE index was also down 1.07 percent on profit-booking after the BSE index rose to 17- month high on Friday, while the NSE hit its highest in nearly 18 months. India's benchmark 10- year bond yield. India's benchmark 5- year down 2 bps at 6.98 while the 1- year rate also fell 2 bps to 7.58 percent.

  • BOMBAY, INDIA: A sign board 'Mumbai' is placed near the Taj hotel at the famous landmark the Gateway in Bombay, 13 May 2005. Since independence in 1947, regional advocates in India have called for a change in many place names to reflect the wide linguistic and ethnic variations in the country of one-billion-plus people that spans the Himalayans in the north to the meeting of the Indian Ocean and Arabian Sea in the south. AFP PHOTO/Sebastian D'SOUZA. (Photo credit should read SEBASTIAN D'SOUZA/AF

    India will unveil a "credible and feasible" fiscal consolidation path for the next five years, Finance Minister P.Chidambaram said on Monday, days after a government panel said the economy was on the edge of a fiscal precipice.

  • Net redemptions from equity mutual funds jumped to 33.06 billion rupees in September, for a fourth month in a row, according to data released by industry body Association of Mutual Funds in India ( AMFI.

  • *India plans to set up a special body this week to speed up projects in a sector seen as vital to reviving economic momentum. shares gain 1 percent after dropping 11.72 percent in the previous two sessions after Essel Group units Asia Satellite Broadcast Pvt Ltd and Jay Properties sold a combined 5.54 million shares in the Indian construction firm.

  • *India's Tata Metaliks Ltd says MBF #2 is operational after relining w.e.f.

  • Gannett extends negotiation deadline with Dish Monday, 8 Oct 2012 | 3:38 AM ET

    Oct 8- Gannett Co Inc and Dish Network Corp have agreed to extend their negotiation deadline by several hours to reach a deal over fees that involve the satellite TV provider's controversial digital video recorder. "In order to provide additional time to reach a deal, both sides have agreed to extend the deadline by several hours," Gannett said in a statement.

  • *China slowdown may get worse and last longer- World Bank. SINGAPORE, Oct 8- Shanghai rebar steel futures rose nearly 2 percent on Monday to the highest in almost two months as Chinese traders returned from a week-long break armed with hopes demand in the world's top consumer will pick up as the economy stabilises.

  • MUMBAI, Oct 8- Shares in India's biggest property developer DLF Ltd fell on Monday after anti-corruption activists accused the company of improper dealings with the son-in-law of the country's ruling party chief Sonia Gandhi. DLF shares were down 6.6 percent as of 0731 GMT, after falling as much as 6.9 percent.

  • JOHANNESBURG, Oct 8- South Africa's Cipla Medpro said on Monday its chief executive had stepped down and he planned to take legal action against the company he founded, ending months of speculation about his future at the drug maker.

  • NEW DELHI, Oct 8- India will unveil a "credible and feasible" fiscal consolidation path for the next five years, Finance Minister P. Chidambaram said on Monday, days after a government panel said the economy was on the edge of a fiscal precipice.

  • NEW DELHI, Oct 8- India's economic growth is likely to accelerate from the current level of 5.5 percent for the remaining quarters of the fiscal year, Finance Minister P. Chidambaram said on Monday.

  • MUMBAI, Oct 8- The Blackstone Group has invested $100 million for a 12.5 percent stake in India's International Tractors Ltd, the U.S. private equity company said in a statement on Monday.

  • NEW DELHI, Oct 8- India hopes to get 400 billion rupees from the sale of mobile phone airwaves in 2012/ 13, finance minister P. Chidambaram told reporters on Monday.

  • SINGAPORE, Oct 8- India's Mangalore Refinery and Petrochemicals Ltd sold a lower sulphur gasoil cargo and offered another, its first such cargoes in more than a year, as it moves away from exporting the polluting high sulphur grade, traders said on Monday.

  • NEW DELHI, Oct 8- The investment rate in the Indian economy is seen picking up in the third quarter of the current fiscal year that ends in March 2013, Finance Minister P. Chidambaram said on Monday.