INDIA

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Solar-powered cooker wins $75,000 climate prize

A $6 cardboard box that uses solar power to cook food, sterilize water and could help 3 billion poor people cut greenhouse gases, has won a $75,000 prize for ideas to fight global warming.

Brisk start for Tata Motors' Nano

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Bookings for Tata Motors' Nano got off to a brisk start in Mumbai on Thursday, with a steady stream of prospective customers queuing up to be one of the first to own what is billed as the world's cheapest car.
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Wikia Search comes to an end

Wikia Search, a community-led search engine, is now closed after a 15 month stint, citing a difficult economy.
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Rich urged to make deeper CO2 cuts

China, India and other developing nations joined forces on Wednesday to urge rich countries to make far deeper cuts in greenhouse gas emissions than planned by 2020 to slow global warming.
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Nokia says thousands sign up to sell at Ovi store

Finnish Nokia Oyj, the world's biggest mobile phone maker, said thousands of developers and content providers had registered to sell content in its online store, Ovi, which will be opened in early May.
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M.Stanley property fund raises $6 billion, CIC helps

Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz) is close to raising $6 billion for a new global property fund, falling short of its earlier target of $10 billion, sources with direct knowledge of the plan said on Tuesday.
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U.S. offers olive branch to non-violent Taliban

The United States offered Taliban fighters who renounce violence in Afghanistan an honorable form of reconciliation on Tuesday as part of a revamped strategy to tackle a deepening insurgency.
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IBM not bidding for Satyam; Spice Group undecided

Satyam Computer Services Ltd's search for a buyer suffered a setback on Thursday, as a source said IBM is not in the bidding, while India's Spice Group remains undecided about its participation.
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Young Indians say no thanks to American dream

For decades, the United States beckoned as the land of opportunity for bright, young Indians, lured by the prospect of prestigious university degrees followed by jobs on Wall Street or in Silicon Valley.
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Dell says China business grew 28 percent

Dell Inc's China sales grew 28 percent in unit terms in the year to January, accounting for about 5 percent of the company's global business, Chief Executive Michael Dell said on Thursday.
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IBM among 8 shortlisted for Satyam bidding: report

The board of Satyam Computer Services has shortlisted about eight bidders, including IBM and private equity firm Apax Partners, for buying the fraud-hit outsourcer, the Economic Times said on Thursday.
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IBM to cut 5,000 jobs in U.S.

IBM will cut about 5,000 jobs in the United States, adding to similarly large cuts in the past few months, sources with knowledge of the matter told Reuters on Wednesday.
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Obama dismisses idea of single global currency

U.S. President Barack Obama and his top two economic officials on Tuesday dismissed suggestions by emerging economic powers that the world move away from using the dollar as the world's main reserve currency.
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U.S. Big Steel pushes for carbon fees on China

China's steel industry should face fees on its exports into the United States if Washington adopts greenhouse gas cuts and Beijing does not, U.S. steel industry officials and advocates said.
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Oracle to acquire Relsys

Oracle Corp. announced that it has agreed to acquire Irvine-based Relsys International Inc., a developer of drug safety and risk management software for the health care industry, which will become part of its Health Sciences Global Business Unit.
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Tata Nano to hit Indian roads in July

The Nano, the world's cheapest car, will hit Indian roads in July, with expectations that demand from millions of aspiring car owners will far outstrip supply.

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