INDIA

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It's a Wrap: Bollywood Goes Mobile

Bollywood films are coming to mobile phones for the first time, a pair of companies announced at this year's 3GSM World Congress in Barcelona, Spain.
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NYSE, Others Buy Stake in India's NSE Bourse

The parent company of the New York Stock exchange and three other financial institutions have agreed to purchase a combined stake of 20 percent in the National Stock Exchange of India, a move which contributes to a global trend of financial markets consolidation.
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Smartphone Preferences Vary by Region

Smartphone sales over the next few years will be driven by emerging applications a new study finds, with different world regions seeking different mobile functionality.
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Environment Ministers to Review Kyoto in 2008

Environment ministers from over 180 nations gathered on Friday in Nairobi to mark the end of a two-week UN climate summit. Delegates agreed to review the Kyoto Protocol in 2008 in order to expand the fight against global warming beyond 2012.
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India PM Suggests Flexible Labor Laws

Indian Prime Minister Manmohan Singh said on Friday his government is focusing on boosting economic growth by creating a broad consensus with trade unions and political parties.
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Software giants shut as strike hits Indian tech hub

Operations of global software companies, financial institutions and government offices in India's main technology hub shut on Wednesday after activists called a strike over a border dispute with a neighboring state.
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Calvin Klein to retail in India

Calvin Klein (CKI), a wholly owned subsidiary of Phillips-Van Heusen, has announced an exclusive distribution agreement and retail store license for India with Murjani India.
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India Inc. to benefit from PM's visit to South Africa

Indian Prime Minister Dr. Manmohan Singh's three-day visit to South Africa is expected to benefit India Inc. as the two nations will sign a number of bilateral agreements aimed to strengthen economic and commercial relationships.
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Arrow wins India coal gas blocks

India has awarded coal bed methane gas blocks to firms including British oil major BP Plc, Australia's Arrow Energy and India's Reliance Energy Ltd and Tata Power Co Ltd.
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PM in South Africa to strengthen ties, discuss UN reforms

Indian Prime Minister Dr. Manmohan Singh who arrived in South Africa on Saturday, will, during his four-day visit, discuss major UN reforms with the South African President Thabo Mbeki, besides signing a number of bilateral agreements on a wide range of subjects including one on preferential trade, investment and energy cooperation.
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Japan's Olympic Commission Appoints Director

The Japanese Olympic Commission (JOC) will appoint Tokyo Governor Shintaro Ishihara as the director-general of Tokyo Olympic Bidding Committee for the 2016 Summer Games, the commission said on Friday.
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Cyworld Signs Hollywood Agent to Recruit Partners

Korean social networking Cyworld's recently launched U.S. unit said on Thursday it signed with a Hollywood talent agency to help it win licensing deals with media properties that appeal to young Web users.
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Economists On Climate Change: Do We care?

Will the spending needed to prevent global warming cost the world more than just sitting back, or even enjoying the possible financial benefits of a hotter planet?
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FUND FOCUS-Commodities undervalued by 30 percent

The oil price might have fallen almost 25 percent from its peak, but the commodities sector as a whole is undervalued by around 30 percent giving further opportunity for growth according to one fund manager.

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