INDIA

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China, India, US, Germany lift coal plant demand

China, India, the United States and Germany are looking to replace old coal-fired energy plants, helping make up for slack overall global demand, Hitachi Power Europe's business development manager said.

Volvo Car sees good demand for luxury cars in India

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The Indian unit of Volvo Car Corp, a subsidiary of Ford Motor Co (F.N), expects industry sales of luxury cars to rise to about 10,000 this year from about 7,000 last year and to keep growing in double-digits for some years.
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Tata Motors to return Nano land if compensated

India's Tata Motors (TAMO.BO) is willing to return the original site for its ultra-cheap Nano car if the state government compensates for the investment on the land, its chairman said on Tuesday.
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U.S. judge may decide Asarco's fate as soon as Monday

A U.S. federal judge is expected to decide on Monday whether Grupo Mexico or India's Sterlite Industries will control Asarco LLC, bringing the U.S. copper miner a step closer to leaving bankruptcy after four years.
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Want the world's best wages? Move to Switzerland

It pays to work in Switzerland: employees in Zurich and Geneva have the highest net wages in the world, a study by banking group UBS shows, while those in India's Mumbai take home the lowest.
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US judge may decide Asarco's fate as soon as Monday

NEW YORK/MEXICO CITY - A U.S. federal judge is expected to decide on Monday whether Grupo Mexico (GMEXICOB.MX) or India's Sterlite Industries (STRL.BO) will control Asarco LLC, bringing the U.S. copper miner a step closer to leaving bankruptcy after four years.
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Tata Motors needs new equity to cut debt - analysts

Tata Motors Ltd (TAMO.BO), India's largest vehicle maker, needs to raise an estimated $1 billion in fresh equity and asset sales to deleverage its balance sheet and cut its debt-to-equity ratio to reasonable levels, according to analysts.
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Britain pledges $1 billion to help Pakistan

Britain will commit 665 million pounds ($1.08 billion) in aid to help Pakistan stabilize its violent border areas and tackle the underlying causes of extremism, Prime Minister Gordon Brown said Friday.
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Rich could add CO2 cuts to bolster climate pact

Industrialized nations can deepen planned cuts in greenhouse gas emissions to shore up a U.N. climate treaty due in December but analysts say there are risks they will promise more than they deliver.
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Lead-laden paint still widely sold around the world

Even as the US lowers the lead levels allowed in paint dramatically, paint with dangerously high lead levels is still being sold for household use worldwide, putting hundreds of millions of young children at risk of permanent brain damage,
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SPX, India's Thermax in JV for pollution control

Diversified U.S. manufacturer SPX Corp and Indian engineering firm Thermax Ltd will jointly make air pollution control systems in India, in a venture that could bring in annual revenues of up to $100 million in five to 10 years.
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IBM, Indian outsourcers win services deal from BP

IBM and India's top three outsourcing firms have each won five-year IT services contract from oil and gas major BP Plc, the firms said on Wednesday, amid hopes of a revival in technology spending.
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UPDATE 1-IBM, Indian outsourcers win services deal from BP

IBM (IBM.N) and India's top three outsourcing firms have each won five-year IT services contract from oil and gas major BP Plc (BP.L), the firms said on Wednesday, amid hopes of a revival in technology spending. Neither IBM nor the Indian firms, Tata Consultancy Services (TCS.BO), Infosys Technologies (INFY.BO) (INFY.O) and Wipro (WIPR.BO) (WIT.N), disclosed financial details of the contract.
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Drug-resistant typhoid increasing in the U.S.

In the United States, there has been an increase in cases of typhoid fever resistant to the drugs most commonly used against the illness, federal health officials reported Tuesday.
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Bharti & MTN work on finalizing deal; issues linger

India's Bharti Airtel and South Africa's MTN hope to finalize by mid-September a deal that could lead to a full merger, with the Indian firm adding another adviser and getting closer to lining up loans, three sources said.
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MTN sees adj H1 headline EPS up to 13.6 pct lower

South Africa's MTN Group said half-year adjusted headline earnings per share could fall by between 8.6 and 13.6 percent for the six months to the end of June, worse than market forecasts, it said on Tuesday.

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