FDI FLOW SPURTS BY 56% IN OCT The flow of foreign direct investments into the country saw a major increase in October, registering a 56 per cent jump to touch $2.3 billion in October against the same period last year, an official said. In October...

SECOND QUARTER GDP AT 7.9% India’s economy grew at its fastest rate in 18 months in the quarter through September, smashing expectations and adding pressure to bring forward an interest rate rise and cut stimulus spending as inflation...

RELIANCE INDUSTRIES POTENTIALLY ACQUIRES LYONDELLBASELL AMIDST RECESSION LED PURCHASE PRICE The potential purchase of a controlling stake in LyondellBasell Industries AF, the world’s third largest petrochemical company, by Reliance Industries Ltd,...

RELIANCE COMM SEES INDIA TELECOM CONSOLIDATION Intensifying competition in the Indian telecom sector, the world’s fastest growing in mobile sign ups, should kick off an industry consolidation in two years, a senior official at Reliance...

RED CARPET WELCOME BY OBAMA AWAITS MANMOHAN SINGH A red carpet welcome awaits Prime Minister Manmohan Singh as he lands at the Andrews Air Force Base on Sunday as the first state guest of President Barack Obama for a visit that is expected to take the...