Royal Philips Electronics NV aims to generate half its sales from emerging markets including India and China, up from the current one-third, an official at its Indian unit said on Tuesday.
General Electric Co plans to test a new management model in India that the largest U.S. conglomerate believes will help it flourish through a long period of sluggish post-recession growth in developed markets.
India's Bharti Airtel has offered to retain the top management at MTN for at least three years and given the option of an all-cash offer to minority MTN shareholders to sew up the planned tie-up between the two firms, the Economic Times reported on Tuesday.
South Africa's Treasury and banking officials are to meet government officials in India to discuss foreign exchange control implications of the planned tie-up between MTN and India's Bharti Airtel.
Metallurgical Corp of China, the firm that helped build Beijing's Bird's Nest Olympic stadium, made a modest debut in Shanghai on Monday, in a sign that a flood of new equity is weighing on market sentiment.
The United States and Europe face a new health threat from a mosquito-borne disease far more unpleasant than the West Nile virus that swept into North America a decade ago, a U.S. expert said on Friday.
Asian stocks eased on Monday, pulling further away from 13-month highs hit last week, as investors worried prices may have raced too far ahead of economic fundamentals, with shares in China feeling supply pressures ahead of a string of IPOs.
Asian stocks eased on Monday, pulling further away from 13-month highs hit last week, as investors worried prices may have raced too far ahead of economic fundamentals, with shares in China feeling supply pressures ahead of a string of IPOs.
When Infosys Technologies, India's second-largest IT firm, hired paramilitary troops to protect its sprawling headquarters in Bangalore, some observers might have thought they had gone overboard.
When Infosys Technologies, India's second-largest IT firm, hired paramilitary troops to protect its sprawling headquarters in Bangalore, some observers might have thought they had gone overboard.
Vokswagen (VOWG.DE), Europe's largest carmaker, is expected to take a stake in Japan's Suzuki Motor by the end of 2009, German industry publication Automobilwoche report, citing an unnamed Suzuki executive.
Pakistan said on Saturday it was investigating an Islamist militant leader whom India accuses of masterminding last year's Mumbai attack, but said he would be arrested only after concrete evidence was found against him.
The Toronto International Film Festival has catapulted several well-known Bollywood movies to global prominence in recent years, but 2009's event has showcased one Indian movie that had audiences buzzing for its use of a rare language, Konkani.
India's Reliance Industries is looking at acquiring some or all of bankrupt petrochemicals maker LyondellBasell, an Indian television network reported, citing sources.
South Africa's labor federation COSATU is trying to halt a planned multi-billion tie-up between MTN and India's Bharti Airtel but the Treasury wants a deal, sources close to the matter said.
Production of H1N1vaccine over the next year will be substantially less than the 4.9 billion doses previously forecast but one dose should provide adequate protection, the World Health Organization (WHO) said on Friday.
Germany's Siemens aims to build on its leading position in offshore wind turbines to become the world's third-biggest supplier to the wind industry overall by 2012, a senior executive said.
Italian scooter maker Piaggio's (PIA.MI) chairman and chief executive Roberto Colaninno called on Thursday for the government to continue with its incentives to support the vehicle industry in the economic downturn.
In the game of climate poker, developing nations might feel they have the right cards on the table in U.N. talks after ramping up efforts to curb greenhouse gas output.
Major developing nations have announced steps over the past year to curb their growing greenhouse emissions as the world tries to negotiate a broader, and tougher, U.N. pact to slow the pace of climate change.
Petronet LNG, India's biggest gas importer, plans to build two power plants for about 70 billion rupees ($1.5 billion) partly funded through a rights equity issue, the Economic Times reported on Thursday.
Japan's new energy minister said he aims to expand the nation's electricity feed-in tariff scheme to other energy sources beyond solar power within two years, to help meet the new government's goals to cut greenhouse gas emissions by 25 percent below 1990 levels by 2020.
