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  • The Indians Show their Metal Friday, 2 Feb 2007 | 3:41 AM ET

    When a company talks about laying out $11 billion in cash you have to take note. In this case it’s Tata Steel's decision to buy the Anglo-Dutch steelmaker Corus after beating out rival Brazilian bidder CSN.

  • India's Growing Allure For Private Equity Friday, 12 Jan 2007 | 2:55 PM ET

    Private equity is once again looking to make a deal in India. Today, it's for a 33% stake in Hutchison Essar. (“Hatch” as it’s called was one of the first cell phone companies in Mumbai.) This deal is just the latest in the money scramble to get in, on one of the world's fastest growing economies. On today’s “Power Lunch” we asked just how hot are the private equity opportunities in India?

  • Infosys Technologies  reported fiscal third-quarter earnings and revenues that topped analysts' expectations, and also bumped up its outlook for the current quarter.

  • India Government Puts Starbucks' Retail Plan on Hold Wednesday, 10 Jan 2007 | 4:46 AM ET

    The Indian government has put on hold a proposal from Starbucks to open retail outlets in the country as the company hasn't provided complete information about its plan, a senior government official said.

  • Vodafone to Bid for Indian Phone Company Wednesday, 10 Jan 2007 | 2:46 AM ET

    Vodafone''s chief executive said Wednesday that his company will soon make a firm bid for Hong Kong-based Hutchison Whampoa's controlling stake in a leading Indian mobile phone company.

  • Vodafone CEO to Meet India's Singh: Papers Tuesday, 9 Jan 2007 | 2:53 AM ET

    Vodafone Chief Executive Arun Sarin will go to New Delhi on Wednesday to meet India's prime minister, the Daily Telegraph reported, even as rival bidders waited in line to begin due diligence of Hutchison Essar.

  • Strong Services, Weak Industrials In 2007 Tuesday, 2 Jan 2007 | 11:22 AM ET

    In an exclusive cnbc.com interview, Lakshman Acuthan, managing director of the Economic Cycle Research Institute, says slowing growth in 2007 is “probably a good thing” – even for Britain.

  • India's Essar Offers Deal on Hutch to Vodafone: Paper Thursday, 28 Dec 2006 | 2:18 AM ET

    India's Essar group has met with Vodafone Group  and offered a deal on the British firm's planned takeover of mobile phone operator Hutchison Essar, the Times of India reported on Thursday.

  • Essar Bids to Buy Out Hutchison: Paper Wednesday, 27 Dec 2006 | 5:43 AM ET

    India's Essar group has made an offer to buy Hutchison Whampoa's  67% stake in mobile phone operator Hutchison Essar at an estimated enterprise value of $17-$18 billion, the Economic Times said.

  • Vodafone Mulls Move for Hutch India Control Friday, 22 Dec 2006 | 3:50 AM ET

    British mobile phone giant Vodafone Group  is considering the acquisition of a controlling interest in India's Hutchison Essar, it said on Friday.

  • The board of Britain's Vodafone Group is set to meet on Thursday to consider a proposed $13.5 billion-plus offer for India's Hutchison Essar, the Financial Times reported.

  • Analyst: China Reactor Deal Needs Watching Monday, 18 Dec 2006 | 2:16 PM ET
    nuclear_reactors.jpg

    China is buying 4 nuclear reactors from Westinghouse (acquired this year by Japan's Toshiba). Sounds like a big win for American technology. But critics are concerned that the U.S. is selling off its competitive and technical edge. On today’s “Power Lunch” Bill Griffeth asked “When it comes to American ingenuity – are we giving away the store?”