South Asia

Adanis exit realty, to put Mumbai sites on the block

After making a grand foray into real estate and taking up several township projects, industrialist Gautam Adani’s flagship company Adani Enterprises (AEL) has decided to exit the real estate sector

Thursday, February 09, 2012 (The Times of India)

Vodafone India revenue grows 6.3% in Q3

Helped by an increased customer base, British telecom giant Vodafone Group posted on Thursday a 6.3% growth in its India business revenue to 1.02 billion pounds (nearly Rs 8,000 crore) for the third f

Thursday, February 09, 2012 (The Times of India)

Flipkart buys electronics retailer Letsbuy for $25m

In a big consolidation move for the burgeoning Indian e-commerce market, the poster boy of Indian online retail — Flipkart.com — has bought out electronics retailer Letsbuy.com for an estimated $2

Thursday, February 09, 2012 (The Times of India)

FTA held up as EU eyes PSU contracts

The European Union’s insistence on guaranteed access for all government and public sector contracts is proving to be a deal breaker for the free trade agreement (FTA) with India.

Thursday, February 09, 2012 (The Times of India)

Royal Stag is No 1 in Pernod’s portfolio

French drinks giant Groupe Pernod Ricard’s Indian whisky Royal Stag is now the largest selling brand in its global portfolio of alcoholic beverages. It dislodged the iconic Absolut vodka to lead the

Thursday, February 09, 2012 (The Times of India)

Etisalat takes $827m hit on India operations

Emirates Telecommunication Corp, or Etisalat, booked the biggest loss among global telecom majors when it wrote off investments worth $827 million in India, a week after the Supreme Court cancelled 12

Thursday, February 09, 2012 (The Times of India)

No specific details on job cut; India business fantastic: PepsiCo

Global food and beverages major PepsiCo, which today announced 8,700 job cuts worldwide, did not provide country specific details - including impact on employees in India - but said its business was "

Thursday, February 09, 2012 (The Times of India)

Gulf airlines say no interest in Kingfisher stake

Two major Gulf Arab carriers said they have no interest in taking a stake in struggling Kingfisher Airlines, which is on the hunt for fresh equity.

Thursday, February 09, 2012 (The Times of India)

Maruti Suzuki crosses 10 million sales mark

Maruti Suzuki on Thursday said it has evolved to meet the demands of a changing India and crossed the 10 million cumulative domestic sales mark.

Thursday, February 09, 2012 (The Times of India)

Vodafone group's quarterly India revenue grows 6.3 percent

Britain-based telecom firm Vodafone group reported a 6.3 percent rise in its India revenue at 1.02 billion pounds for the quarter ended December 31.

Thursday, February 09, 2012 (The Times of India)

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