MUMBAI, Dec 16- An Indian court asked for further investigation into an illegal coalfield allocation case involving Hindalco Industries on Tuesday, rejecting an earlier report from the federal police that said the probe was likely to be closed. The Central Bureau of Investigation said in August it was likely to close the case against Hindalco's billionaire...
*Israel helped India in shift to micro-irrigation. Since Modi came to power in May, ties between Israel and India have been in overdrive, with the two signing a series of defence and technology deals that have underscored their burgeoning commercial and political relationship. In October, India closed a $520 million deal to buy Israeli anti-tank missiles.
MUMBAI, Nov 18- The head of Future Group, one of India's largest and most established retailers, admits he can't keep up with web sites like Snapdeal and Flipkart when it comes to spending money to entice shoppers to buy online. Private investors have poured $2.3 billion into India's e-commerce companies so far this year, according to consulting firm Technopak,...
*Jindal Steel, Hindalco shares plunge after court decision. NEW DELHI, Aug 25- India's top court on Monday declared as illegal government allocations of coal blocks since 1993, jeopardising projects built around the blocks and threatening to exacerbate a shortage of the fuel.
*Influential backers voice disappointment over Modi. *Indian premier stalls on major projects. NEW DELHI, Aug 13- As an election campaigner, Narendra Modi promised sweeping market reforms to revive India's economy and put the country to work.
NEW DELHI, July 10- India's new government on Thursday unveiled a first budget that seeks to revive growth and curb borrowing, but left open questions on how it will reduce the fiscal deficit and restore investor confidence.
NEW DELHI, July 10- Indian Prime Minister Narendra Modi's new government on Thursday unveiled a first budget of structural reforms aimed at reviving growth, winning praise from investors despite a lack of clarity over how he would cap the big fiscal deficit.
Stephen Nagy, Assistant Professor, Department of Japanese Studies at The Chinese University of Hong Kong, says Japan is the ideal partner to provide the capital and technology investment that India needs.
India's finance minister had a bruising battle with cabinet colleagues in the run-up to the budget he unveils this week, rebuffing demands for pre-election spending and insisting on austerity to shore up investors' faith in India's economy.
Italian defence group Finmeccanica has delayed publication of its 2012 results after a bribery probe connected with the sale of 12 helicopters to Indian authorities, it said on Thursday.
Two bombs placed on bicycles exploded in a crowded market-place in the southern Indian city of Hyderabad.
British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition.
Being a big wheel in the earth mover business, Vipin Sondhi has a very clear idea why the Indian economy is stuck in the mud and what the government must do to change the mindset of business executives, like himself.
India's central bank is widely expected to make a modest cut in interest rates later on Tuesday to support an economy set for its slowest growth in a decade, with a deeper cut unlikely due worries over the fiscal and external deficits and inflation.
India's industrial output shrank in November after a spurt the previous month, denting hopes of a recovery in economic growth and strengthening the case for an interest rate cut later this month.
One of hundreds of attacks reported in New Delhi each year, the brutal gang rape and murder of a young medical student in a private bus this month caught authorities and political parties flat-footed, slow to appreciate it had become symbolic of all the others.
India's government has announced an inquiry into the lobbying practices of Wal-Mart after a report that the giant retailer had pressed U.S. lawmakers to help gain access to foreign markets.
India's economic reform program faces a key parliamentary test this week on whether to let foreign retailers set up shop, in a vote that could pave the way for further measures to revive the economy.
Political inertia, red tape and a dearth of foreign investment are impeding a much needed overhaul.
ROME- Former Italian premier Silvio Berlusconi faced a fresh setback on Monday as early counting in a local election in Sicily showed his divided centre-right party trailing in a former stronghold and big gains for the anti-establishment 5 Star Movement.