INDIA

UN panel head sees wiggle room for global climate deal

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Despite fears of failure facing global climate change negotiations in December, the U.N. climate panel chief said on Wednesday it was still possible to agree a pact, including levels of emission cuts by rich nations.
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Will solar speed up emerging cellphone revolution?

Watching his sons kick around a makeshift ball made from tightly bound plastic bags, Ugandan handyman Jackson Mawa marvels at the way business has improved since he bought a solar-powered mobile phone.
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Viadeo buys Unyk, second only to LinkedIn

French company Viadeo, which runs a social networking website aimed at professionals, has acquired Canadian peer Unyk, to become the second-largest firm globally after LinkedIn.
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Asian wealth slides, rich tiptoe back into markets

The number of high net-worth individuals in Asia Pacific slumped 14 percent in 2008 and they lost over a fifth of their wealth, leading to only cautious moves from cash back into stocks this year, Merrill Lynch and Capgemini said on Tuesday.
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Response muted at Indian oil & gas blocks auction

India's auction of exploration blocks evoked a tepid response as the economic slump, valuations and a corporate battle over the sale of natural gas from Reliance Industries' field put off investors, officials and analysts said.
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Stripped-down Maxis IPO could turn off investors

With the blessings of the prime minister himself, the relisting of Malaysia's top telecom firm Maxis Bhd next month was destined to be a blockbuster, but tepid response from domestic funds so far suggests otherwise.
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Dollar limps up, South Korea drags down Asia shares

The dollar edged further away from 14-month lows on Monday as investors trimmed bets against the beleaguered U.S. currency, while South Korean stocks dragged down other Asian markets on worries third-quarter earnings may not live up to expectations.
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India warns of danger from Pakistan militants

Foreign Secretary Nirupama Rao has warned of a clear and present danger to the international community from militants in Pakistan after a bomb attack on the Indian embassy in Kabul that it has hinted may have come from across the border.
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India set to be global leader in tech services: Forbes chief

India is set to become a global leader in technology services as software companies move up in the value chain, while the weak dollar has hurt the U.S. economic recovery, the Chairman and CEO of business publisher Forbes said on Saturday.
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Solar thermal company eSolar expands in Africa

Solar thermal power company eSolar Inc said on Friday it granted South African company Clean Energy Solutions exclusive rights to represent and distribute eSolar's concentrating solar power technology across seven countries in Sub-Saharan Africa.
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Chevrolet to take 70 pct of GM sales: exec

General Motors Co's flagship Chevrolet brand expects to boost sales driven by new launches such as the Cruze small car and may represent 70 percent of the automaker's North American sales, the brand's chief said on Friday.
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Tata Motors raises $750 million to pay down Jaguar debt

Tata Motors Ltd (TAMO.BO), India's largest commercial vehicle maker, said it raised $750 million by issuing global depositary receipts and convertible bonds to pay down debt taken on for its acquisition of the loss-making Jaguar and Land Rover brands last year.
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Global fin firms eye India back office sales

Global financial firms, emerging from the worst economic crisis since the Great Depression, are looking to shed India back office operations as they focus on core operations and cost cuts.
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GM will look to sell ex-Delphi steering unit

General Motors Co GM.UL will look to sell the steering business it took back from former parts subsidiary Delphi under a deal that closed this week, the automaker said in a letter to its suppliers.
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Indian embassy blast kills 17 in Afghan capital

A large bomb exploded outside the Indian embassy in central Kabul on Thursday, killing 17 people and wounding 76, in the latest of a series of militant attacks on diplomatic and government buildings in the capital.

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