INDIA

Handset market rebounding in 2010: report

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The cellphone market will rebound more strongly strongly than expected this year as improving economies boost spending on new gadgets and handset vendors push cheap smartphones, research firm Gartner said on Tuesday.

Microsoft releases software in 67 local languages

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Microsoft announced on Monday its bid to help local languages to be integrated online more effectively. As part of their Unlimited Potential program, Microsoft is offering its software in 67 local languages.
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Japan's Dai-ichi Life plans $11.7 billion IPO

Dai-ichi Mutual Life Insurance, Japan's second-largest life insurer, said on Monday it would sell about 1.07 trillion yen ($11.7 billion) worth of shares in the country's biggest initial public offering in more than a decade.
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Reliance raises Lyondell bid to $14.5 billion: report

Indian energy company Reliance Industries Ltd has raised its offer for bankrupt petrochemicals maker LyondellBasell ACCEIN.UL to about $14.5 billion, Bloomberg News reported on Sunday, citing people with knowledge of the offer.
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Stock futures signal firmer Wall Street opening

U.S. stock index futures rose on Monday, pointing to a stronger start for Wall Street. By 0928 GMT, Dow Jones futures put on 0.2 percent, S&P futures gained 0.1 percent and Nasdaq futures rose 0.5 percent.
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India speeds up $11 bln fighter jets purchase

India will narrow down the number of bidders by mid-2010 for its $11 billion fighter jet tender, a minister said, in a closely watched deal where diplomacy and strategic interests will play a big role.
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Honda says new hybrid system for big cars in sight

Honda Motor Co has taken a big step toward developing a new hybrid system for larger cars, its head of automobile research and development said on Friday, indicating a finished product could be about three years away.
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Kyoto risks dying, no new climate deal in sight

Efforts to extend the Kyoto climate pact framework risk collapse in a setback to years of diplomatic bargains, as chances fade that the United States will join other rich nations in capping emissions.
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Barclays profit tops $18 billion

Barclays Plc beat forecasts with a near doubling of profits in 2009 to 11.6 billion pounds ($18.2 billion), cheering investors with an improved balance sheet and boosting shares across the sector.
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Top Taliban commander held in Pakistan

The Taliban's top military commander was captured in Pakistan, U.S. and Pakistani officials said on Tuesday, but the move may not deal a decisive blow to a group putting up fierce resistance to a NATO offensive in Afghanistan.
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Factbox: Ties binding China and Iran

China faces growing pressure from Western countries to back fresh sanctions against Iran over its disputed nuclear activities. Here are key facts about ties between China and Iran.
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Iraq has top terror risk, Thai danger up: ranking

Iraq is the country most at risk from terrorist attacks for the second straight year, according to a ranking by global analysts Maplecroft, while Thailand has joined the nine countries most in danger for the first time.
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Pakistani lawyers boycott courts over judges row

Many Pakistani lawyers boycotted courts on Monday in a protest against President Asif Ali Zardari, who is embroiled in a potentially destabilizing dispute with the judiciary over the appointment of judges.

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