INDIA

Rio Tinto sweetens Riversdale bid to break stalemate

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Global miner Rio Tinto raised its offer for Mozambique-focused coal miner Riversdale Mining to $3.9 billion in a final bid to woo key shareholders who have held up the deal and gain control of coveted coal assets.

Rio Tinto raises Riversdale bid to break stalemate

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Global miner Rio Tinto raised its offer for Mozambique-focused coal miner Riversdale Mining to $3.9 billion to woo key shareholders who have held up the deal and gain control of coveted metallurgical coal assets.
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Velti Initiated At 'Buy': Jefferies

Jefferies & Co. initiated its rating on shares of Velti Plc (NASDAQ: VELT) with a buy rating and a price target of $16.50. The company's unique advantage is that it offers customers the ability to deploy mobile marketing campaigns on a global basis, the brokerage said.
Sarah Palin

Sarah Palin to visit India later this month

Sarah Palin’s planned trip to India this month raises speculation that it might be in preparation for her 2012 Presidential campaign (i.e., as a way to enhance her foreign policy credibility in the world’s most populous democracy).
Analyst View: China defense spending back to

Analyst View: China defense spending back to

China said on Friday its military spending for 2011 would rise 12.7 percent, resuming double-digit hikes that have stoked regional disquiet about Beijing's expanding strength.
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Gold Price Gains for 5th Week vs. Dollar, Buoyed by Liquidity

The Gold Price eased back for Dollar investors on Friday in London, but recovered one third of yesterday's sharp sell-off – and was heading higher for the fifth weekly gain in a row – as official data said US unemployment retreated to 8.9% last month.
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WPP finds cautious firms favor ad spending

Western companies flush with cash but reluctant to commit to longer-term investments spent heavily on advertising in 2010 and especially on TV, boosting the world's biggest ad group WPP in the U.S. and Britain.
RBI Governor Subbarao attends a meeting with bankers in Mumbai

Banks can meet Basel III standards - RBI

Indian banks overall have sufficient capital to meet the new Basel III standard but a few may need to augment their capital to get there, Reserve Bank of India Governor Duvvuri Subbarao said on Thursday.
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Jobs become focus of new World Bank Africa plan

A new World Bank strategy for Africa unveiled on Wednesday focuses on creating jobs and making economies more competitive, while also tackling problems of climate change, disease, food shortages and conflict.
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BP denies bonuses to top executives after spill

BP will not pay bonuses for 2010 to the top executives whose divisions were involved in the worst-ever offshore U.S. oil spill last year, the company said in an annual report dominated by the disaster.
NASA image of the Sun

Plasma Flow Linked to Spotless Sun

NASA explained the mystery behind the decreased solar activity during the Sun's 11-year cycle, linking it to the changing speeds of plasma inside the Sun.

Facts of China's rare earth reserves

In wake of the recent attention and international developments on rare earth minerals, the U.S. Geological Survey (USGS) has completed its first review of China's rare-earth industry.

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