E-commerce companies are racing to embrace mobile platforms in India.» Read More
MUMBAI, Nov 24- SunEdison Inc plans to sell solar power capacity worth about 400 megawatts in India for roughly $350 million, as the U.S.-based solar company looks to shed assets to boost balance sheet, said two sources with direct knowledge of the matter. SunEdison operates around 450 MW worth of solar plants in India, has another 800 MW under development, and...
Several market participants involved in the sale said offshore units of Nomura, Standard Chartered and Bank of America Merrill Lynch bought about 30 billion rupees of the 35 billion rupees on offer in October, the first window for foreigners to buy in. India has been one of the most resilient emerging markets, with foreign buyers taking up about $9.7 billion of...
Alan Davies, CEO of Rio Tinto's diamonds and minerals business discusses India's potential and the rise of diamonds as an alternative asset to gold.
Ajit Gulabchand, chairman of Hindustan Construction Company, blames the previous administration for stalled infrastructure projects, saying "extraordinary hope was placed on Modi's government."
India is suffering from a huge infrastructure deficit that is hurting its ability to attract businesses and capital. CNBC's Martin Soong reports from Mumbai.
*Pfizer set to buy Allergan for $160 bln. Copper fell to its cheapest in six months before recovering, while London nickel slid to its lowest since 2003. Gold fell nearly one percent towards last week's near-six-year low. "In the context of a market waiting for supply-side cuts, a stronger dollar is only going to weigh on the cost curve and constrain the pace at which...
MUMBAI/ SINGAPORE, Nov 23- Some of India's most indebted infrastructure and steel groups are considering so-called masala bonds to diversify their funding options as local banks tighten lending, investment banking sources with direct knowledge of the situation said. The government last month clarified how income from the rupee-denominated offshore...
Sunil Singhania, CIO of equity investments, Reliance Capital Asset Management, talks about the impact that a U.S. Fed interest rate hike would have on the Indian market.
Ashishkumar Chauhan, MD and CEO of Bombay Stock Exchange, says India's IPO and post-listing performance have been stellar.
India's Sisyphean bankruptcy system is in the sights of the country's central bank chief, who says reform is desperately needed to protect banks.
India's GDP will probably grow faster than China's next year, says Kay Van-Petersen, Asia macro strategist at Saxo Capital Markets.
While India's government is well-intentioned, it doesn't have the majority needed to move on reforms, says Saurabh Mukherjea, CEO of institutional equities at Ambit Capital.
Raghuram Rajan, Reserve Bank of India governor, speaks to CNBC about cleaning up India's banking system and its corporate sector.
CNBC's Martin Soong explores India's challenge; building an inclusive economy while a large proportion of its population lives in poverty.
A young population and increasing smartphone penetration have empowered Indians to think out of the box, with amazing results.
India has the potential to become the world's third largest economy by 2025, but how? CNBC's Martin Soong has more.
MILAN/ NEW DELHI, Nov 20- India's biggest gas importer Petronet LNG is close to renegotiating a major deal with its Qatari supplier Rasgas, lowering the cost of gas shipments and avoiding a $1.5 billion penalty fee for lifting less gas than agreed, two sources said. If India manages to renegotiate a deal with Qatar it would be Prime Minister Narendra Modi's biggest...
FARIDABAD, India, Nov 20- Millions of unsuspecting Indian farmers are spraying fake pesticides onto their fields, contaminating soil, cutting crop yields and putting both food security and human health at risk in the country of 1.25 billion people. The use of spurious pesticides has exacerbated losses in the genetically modified cotton crop in northern India...
Matt Hougan, president of ETF.com, believes emerging markets ETFs deserve a second look.
More than 650 million people do not have access to clean water, while 2.3 billion people lack access to a safe, private restroom.