INDIA

Samsung Becomes World's Largest Handset Maker, Nokia's 14-Year Run Ends

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After reporting record profit for the first quarter of 2012, South Korean tech giant Samsung Electronics has achieved yet another outstanding feat. The company has become the world's number one handset vendor, thereby ending Finnish firm Nokia's 14-year run as the global leader, according to a latest research from Strategy Analytics.
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Cove Energy Accepts $1.8B Takeover Offer From Royal Dutch Shell

Britain's Cove Energy PLC, which owns part of a massive natural gas field off the coast of Mozambique, said Tuesday it accepted a sweetened takeover offer of £1.12 billion ($1.8 billion) from a unit of Anglo-Dutch energy giant Royal Dutch Shell PLC.
Employees of French carmaker PSA Peugeot Citroen work on the new engine "EB" assembly line at the company engines factory in Tremery near Metz

Peugeot Citroen Might Build Cars In India With General Motors

PSA Peugeot Citroen may build cars in India with General Motors its new partner, said Gregoire Olivier, Peugeot's head of Asian operations, according to a Reuters report. The move would effectively discard its planned $850 million investment in its own manufacturing facility in India, Reuters report said.
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Nepal and the Sino-Indian Rivalry

The inevitable passing of the Fourteenth Dalai Lama, the radicalization of the Tibetan diaspora and the fervor of the international campaign to free Tibet are bound to keep the Himalayan dispute on the world's front pages. Many Nepalese recognize that an independent Tibet would leave their country without a border with China. They believe such a situation would allow India to tighten its grip.
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Manufacturing Matters: Reinvigorating 'Made in America' Brand

Ever since Japan began challenging the United States as the leading automobiles and consumer electronics manufacturer in the 1980s, a debate has been raging over whether America's days as the preeminent manufacturing nation in the world are coming to an end. It would only intensify in the next two decades, when another Asian giant, China, emerged as a manufacturing power.
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Indian Maoist Rebels Demand Hostage Exchange

Maoist rebels have offered to release a captured senior official being held in the central Indian state of Chhattisgarh in exchange for the freedom of several imprisoned guerrillas and the withdrawal of security forces from the region.

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