Indian budget carrier IndiGo is considering all options including an initial public offering to finance a $15.6 billion plane order with Airbus, but has made no decision yet, the firm's president said on Wednesday.
India's proposed food security bill will take at least a year to be finalised, delaying a key vote-winning policy for the ruling Congress party as crucial state elections loom, the Financial Express reported on Wednesday.
Export-driven software services companies are set to report robust growth in quarterly earnings and a firm outlook, driven by an expected increase in clients' technology budgets.
The government is not worried about a slowdown in the November industrial output, which reflects month-to-month volatility, the deputy chairman of India's Planning Commission Montek Singh Ahluwalia said.
Aircraft manufacturer, Airbus, announced that the company has signed a Memorandum of Understanding (MoU) with India's economy carrier Indigo for 180 eco-efficient Airbus A320 aircraft.
Even before it launches the first passenger cars under its own brand at home, China's BAIC has set its sights on expansion overseas.
The euro rose weakly against the dollar on Wednesday while Asian stocks edged higher, but investors were increasingly nervous ahead of a key bond sale by ailing euro zone member Portugal later in the day.
Remarks by Agriculture Secretary Tom Vilsack to the American Farm Bureau on January 10, 2011.
Airbus on Tuesday announced what it called the biggest jet order in commercial aviation history with a $15.6 billion deal to sell 180 planes to Indian budget carrier IndiGo including the first orders for a revamped model.
Traders are talking about buying dips again, concurs a Hong Kong dealer, noting that Asia physical market remains very tight for Gold Bars. Reuters says the Hong Kong premium for wholesale Gold Bars over benchmark London prices today held at $3 per ounce, a near 30-month high.
Google has appointed Rajan Anandan, previously managing director of Microsoft's India unit, as head of its India operations effective immediately.
Dr. David Lynn, author of a book on commercial real estate investing in emerging market countries (specifically China, India and Brazil), shares his insights with IBTimes regarding why this class of asset is an attractive investment.
India is considering using gold to temporarily settle oil trades with Iran. If India were to settle crude oil trade in gold (even temporarily), it may set a precedence that will further erode the international status of the U.S. dollar and bolster the reputation of gold.
The Gold Price in Euros whipped within 1.5% of last month's all-time record highs in London trade on Monday, as weaker-economy Eurozone bonds fell sharply on a raft of bail-out rumors and leaks.
Research In Motion, maker of BlackBerry smart phone, on Monday said it will filter websites in Indonesia very soon following the government’s threat to curtail its services in the country if it fails to block access to pornographic sites.
Socialbakers, which specialize in monitoring the Facebook platform, has revealed some interesting Facebook statistics. Perhaps the most surprising finding is that Japan, whose renown as a technology pioneer is unparalleled, is lagging way behind most countries in terms of Facebook penetration.
Nasdaq-listed iGate, owned by former marketing head of Infosys Phaneesh Murthy, on Monday said it has bought nearly 63 percent stake in India’s sixth biggest software exporter Patni Computer Systems for $1.22 billion in shares.
When a quest for spirituality or devotion is merged with a sense of luxury, pilgrimage is given a whole new dimension. Luxury has imparted a new concept to a holy journey and this trend is fast catching up across the globe.
U.S. stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.52 percent, Dow Jones futures down 0.44 percent and Nasdaq 100 futures down 0.35 percent at 4:05 a.m. EST.
If there was any doubt that the global economy remains tightly intertwined, rising commodity prices should put it to rest.
To hear a number of prominent economists tell it, it doesn't look good for the U.S. economy, not this year, not in 10 years.
London-listed miner Xstrata is close to winning the $8 billion auction for Colombia's second-biggest coal miner, British newspaper The Sunday Times said, without citing sources.