RPT-INSIGHT-"Speed money" puts the brakes on India's retail growth Reuters * India's $500 bln retail market growing at 20 pct a year | * "License Raj" requires dozens of permits per store | * Licenses often require bribes, along with official fees | * Many retailers hire middlemen to handle backhanders | By Nandita Bose | MUMBAI, May 5 (Reuters) - Hong-Kong entrepreneur Ra...
State Bank of India to restructure up to $1 billion debt in three to four months Reuters KOLKATA (Reuters) - State Bank Of India (SBI.NS), the country's largest lender, expects to restructure 50 billion to 60 billion rupees ($0.9-$1.08 billion) of debt in the next three to four months, Chairman Pratip Chaudhuri told reporters on Thursday...
China and India: The Proverbial Hare and Tortoise? Caijing By then, in 2030, India will have overtaken China in terms of population, and almost certainly in GDP growth rates. | By Chris Devonshire-Ellis, Dezan Shira & Associates | | As India begins to recover from the aftermath of what has indeed ...
WisdomTree India Earnings Fund Breaks Below 200-Day Moving Average - Notable for EPI Forbes In trading on Wednesday, shares of the WisdomTree India Earnings Fund ETF (AMEX: EPI) crossed below their 200 day moving average of $18.53, changing hands as low as $18.39 per share. WisdomTree India Earnings Fund shares are currently trading off abo...
Rediff.com India Ltd (REDF) Widens Q4 Loss StreetInsider Tweet Send to a Friend | Get Alerts REDF Hot Sheet | Price: $3.24 --0% | Today's EPS Names: | REDF, REX, SNPS, More | Trade REDF Now! | Rediff.com India Ltd (NASDAQ: REDF) reported Q4 EPS of ($0.08), versus ($0.05) reported last year. Revenue for the...
UPDATE 1-Chevron nears sale of Egypt, Pakistan downstream assets -sources Reuters By Dinesh Nair | DUBAI May 21 (Reuters) - Chevron Corp is in advanced talks to sell most of its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major. | Chevron...
P&G to sell toothpaste in India Business Journal James Ritchie Staff Reporter- Business Courier Email | Twitter | LinkedIn | Procter & Gamble Co. is ready to enter the Indian toothpaste market, where it will battle Colgate-Palmolive and other established giants for a share of ...
ANZ India trip pays off for Kiwi exporters Scoop Friday, 17 May 2013, 11:54 am | Press Release: ANZ Bank | For Release: 17 May 2013 | ANZ India trip pays off for Kiwi exporters | A business trip to India, organised by ANZ Bank, has generated new business for several customers who took part. | Late last month ANZ took 13 New Zealand businesses, including meat, dairy, wine, fruit and juice exporter...
India and China must shake hands, says Li Keqiang The Siasat Daily Beijing, May 15: | Ahead of his visit to New Delhi, China's new Premier Li Keqiang today said India and China "must shake hands" to make Asia an "engine of the world economy". | Addressing the 100 member Indian youth delegation at Zhongnanhai, the imperial gardens housing the headquarters of China's ruling Communist Party and central government, Li...
