INDIA

Will India respond to allegations of human rights abuses in Kashmir

Will India respond to allegations of human rights abuses in Kashmir?

Classified US diplomatic cables leaked by whistle-blower site Wikileaks revealed that the International Committee for Red Cross (ICRC) briefed US officials over the continued ill-treatment of detainees in Kashmir by the armed forces and the police. Some cables stated that the government-nurtured militia committed brutal human rights abuses including extra-judicial killings, rapes and extortion of Kashmiri civilians suspected of harboring extremists in the Valley.

Top After-Market NYSE Movers

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The top after-market NYSE gainers on Thursday are Office Depot, Accenture, Salesforce.com and American Express. The top after market NYSE most active stocks are Citigroup, Boston Scientific, Sprint Nextel Corporation and Bank of America.
A worker cleans a Hero Honda logo inside its showroom in Hyderabad

Hero, Honda part ways after 26 years

India's largest two-wheeler maker Hero Group has ended its 26 year old joint venture with the Japanese Honda Motor Co, as the Indian partner agreed to buy out its Japanese counterpart for an undisclosed sum.
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Harley-Davidson India launches two new models in India

Harley-Davidson India launches two new models in India

Milwaukee-based Iconic bike maker Harley-Davidson on Wednesday introduced two new models - SuperLow and Iron 883 - priced at Rs. 5,50,000 and Rs. 6,50,000 (ex-showroom), respectively to expand its portfolio in India.
Nouriel Roubini, New York University Professor of Economics and co-founder and chairman of Roubini Global Economics.

What Roubini predicts for major global economies in 2011

Roubini Global Economics (RGE) has predicted that global economy's growth next year will be marginally weaker than this year, with eurozone holding the biggest risk to global growth, and that the U.S. will not emerge any time soon from the worst unemployment crisis it has faced in decades.
Shares of major private banks of India

Indian banks tapping overseas depositors perform better despite high domestic rates

It is inevitable for Indian banks to compromise on margin as the country is going through a rising interest rate scenario, which has pushed most banks' stocks below their end-September levels, but at least three main private banks are still selling at a higher price, probably helped by valuation advantage and mostly steady pricing of deposits by Indians residing abroad.
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$39 bln 2G spectrum scam triggers raids across India

India’s state-controlled investigating agency Central Bureau of Investigation (CBI) on Wednesday raided the premises of corporate lobbyist Nira Radia, former Telecom Regulatory Authority of India (TRAI) chairman Pradeep Baijal and former telecom minister A Raja’s relatives in connection with the $39 billion 2G spectrum scam.
Solar panels sit on the roof of SunPower Corporation in Richmond, California March 18, 2010.

India, US in solar power struggle

The India-U.S. solar collaboration has hit some snags as the U.S. is trying to push India to remove regulations related to imports of solar technology, the Wall Street Journal reported.
Britain's Prime Minister David Cameron speaks to India's Trade Minister Anand Sharma during their meeting at number 10 Downing Street in London

What exactly is an emerging market anyway?

Some of the so-called emerging markets have advanced to a point where they might be considered “developed” -- or not, depending on one’s views and criteria. Further complicating this picture is the arrival of “frontier” markets – countries even less developed than the emerging markets, but boasting even greater long-term growth potential.
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GE sees strong earnings growth in 2011

General Electric Co said on Tuesday demand for its industrial products and sales in China will allow it to post strong profit growth in 2011 even as margins come under pressure from costs related to research and acquisitions.
Wipro beefs up presence in Eastern Europe

India's Wipro opens development center in Budapest, Hungary

Wipro Ltd said its global consulting, system integration and its outsourcing business unit Wipro Technologies has opened its new development center in Budapest, Hungary, to service Magyar Telekom, Hungary’s biggest telecom service provider.
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WTO's Lamy tells negotiators to push for Doha deal

Members of the World Trade Organization are showing new energy and determination to reach a global trade deal but must now abandon fixed positions to clinch the agreement, the head of the WTO said on Tuesday.
Singapore

Singapore officials disparaged Asian neighbors: WikiLeaks

Singapore's top government officials spewed venom towards the political leaders of some of its Asian neighbors, according to U.S. diplomatic cables obtained by WikiLeaks and provided to an Australian newspaper, The Sun Herald.

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