The world's largest retailer, Wal-Mart, has inked a 50-50 joint venture with Bharti Enterprises for a wholesale cash-and-carry business in India that will roll out ten to fifteen such outlets over the next seven years.
Emerging economies will edge past the developed countries in terms of economic growth by 2050, the Ernst and Young European Attractiveness Survey 2007 has revealed.
India's largest private air carrier Jet Airways has begun operating flights to the United States as well as the continental Europe, promising its passengers a taste of 'premium class services.'
Sourcing of products from India by Wal-Mart Stores Inc. could rise to billions of dollars annually in coming years once the U.S. retailer starts operations there, the firm's country president said on Tuesday.
Fears grew on Sunday that epidemics would strike the millions marooned or forced from their homes by South Asia's catastrophic floods.
India's opposition Hindu nationalists rejected a landmark nuclear cooperation agreement between New Delhi and Washington on Saturday, saying it was an assault on the country's nuclear sovereignty.
India's leading biotechnology enterprise, Biocon, has inked an agreement with Abu Dhabi-based Neopharma to establish a joint venture company NeoBiocon to develop specialty bio-pharmaceutical products and provide biotherapeutics for the United Arab Emirates (UAE) market.
Asia's two economic powerhouses, India and the People's Republic of China (PRC), are lagging behind in terms of economic well-being and living standards, despite accounting for 64 percent of GDP in a surveyed list of 23 Asian countries, a new study by the Asian Development Bank has revealed.
India's top car maker, Maruti Udyog Ltd., is offering discounts of up to $743 on many of its vehicles to shore up sales, newspaper advertisements at the weekend showed.
Investment bank JPMorgan's India unit has lost four senior executives, the latest in a series of moves in the country's financial sector, where salaries have soared on the back of a booming stock market.
Exxon Mobil, ConocoPhillips and Chevron Corp. will likely participate in India's seventh round of auctions under the New Exploration Licensing Policy (NELP), the Business Standard said on Sunday.
India and China are the new drivers of global economic growth, replacing the United States and other developed countries, according to Rodrigo Rato, managing director of the International Monetary Fund.
The high-level meeting would bring together the world's biggest polluters to find ways to reduce greenhouse gas emissions.
Dell Inc., the world’s second largest personal computer maker, has rolled out its first desktop computer from its new plant at Sriperumbudur near Chennai this week, thereby making India the third country in Asia Pacific, after China and Malaysia, to manufacture its range of desktop computers and notebooks outside of the US.
Clean technology is evolving from environmental issue to big business, opening a world of opportunities for companies, entrepreneurs and investors who see a chance to -- yes -- clean up, says a new book.
Strong cellphone demand in Asian emerging markets boosted Nokia Oyj's second-quarter sales and profits, sending its shares to their highest level in more than five years.
The world's electricity must be generated from zero or near zero-emission power plants by 2050 if a 50 percent cut in global greenhouse gas emissions is to be achieved by mid-century, Australia's Environment Minister said on Wednesday.
British Prime Minister Gordon Brown urged governments, businesses and volunteer groups on Tuesday to unite in a show of people power to put the world back on track toward slashing extreme poverty by 2015.
Dow Chemical, the biggest U.S. chemical company, is considering making a bid for Britain's Imperial Chemical Industries, the Daily Telegraph newspaper said on Wednesday.
Pratibha Patil has been sworn in this week as the President of India, in the process becoming the first woman president ever since India became a Republic in 1950.
Asia's monsoon misery has spread to Nepal, leaving thousands of people homeless, while more rain is expected to bring further chaos to China's drowned southwest, where many have already lost homes, livelihoods and loved ones.
Global wind power capacity rose by nearly 26 percent last year, generating electricity equivalent to nearly 33 million passenger cars, Worldwatch Institute reported.
