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Homepage >> World >> Mumbai news  Browse category World
India Leaves Rates Unchanged, Warns Of Inflation Risks
June 17, 2013: Yes, But, However!
MUMBAI (Reuters) - The Reserve Bank of India kept interest rates unchanged on Monday after cutting them in each of its previous three policy reviews, warning of upward risks to inflation posed by a falling rupee and increases in food prices.
Related topics: India, Inflation, Reuters, Banking
With $2.5m Injection From Nexus, Indian Housing Marketplace Launches In Bangalore
June 6, 2013: TechCrunch
Indian housing marketplace, Housing.co.in has expanded out of its home base of Mumbai into another major Indian city, Bangalore—its fifth city in the country. The company, which operates similarly to Trulia and Zillow, provides a real estate...
Related topics: India
Under Pressure Infosys Recalls Narayana Murthy As Chairman
June 1, 2013: Yes, But, However!
MUMBAI (Reuters) - Indian IT services firm Infosys Ltd, grappling with a string of disappointing results and loss of market share, has recalled founder and former chairman N.R. Narayana Murthy to act as executive chairman for five years.
Related topics: India, Reuters
Carlyle, Advent, Others In Hunt For Hp’s Mphasis Stake: Sources
May 31, 2013: Yes, But, However!
MUMBAI (Reuters) - Private equity giants Carlyle Group LP and Blackstone Group LP as well as Indian outsourcers L&T Infotech and Tech Mahindra Ltd, are lining up bids for Hewlett-Packard Co's $1 billion stake in India's MphasiS Ltd, several...
Aasif Mandvi: We Still Need A South Asian Leading Man
May 28, 2013: Vital Signs - Salon.com
Many of you know Aasif Mandvi as the "Daily Show's" longtime "Senior Asian Correspondent," "Senior Middle East Correspondent," "Senior Foreign Looking Correspondent" and "Senior Muslim Correspondent." But Mandvi, who was born in Mumbai and raise
Related topics: India
Court Bans On Wild Animals, Child Performers Force Struggling Indian Circuses To Adapt Or Die
May 17, 2013: Canadian Business Magazine
MUMBAI, India – In the early morning heat and dust, daily practice at the Rambo Circus is in full swing. A trapeze creaks as two performers perfect their throws. A Colombian daredevil shouts to his colleagues scrambling atop a giant set of...
Related topics: India
After Atm Heist, India’s It Sector Again In Unwelcome Spotlight
May 15, 2013: Yes, But, However!
MUMBAI/BANGALORE (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian...
Related topics: India, Reuters, Outsourcing
Apollo Global Management: Past And Present Lead To A Promising Future
May 10, 2013: Long Investing Ideas from Seeking Alpha
ByRichard Tarjeft:Apollo Global Management, LLC (APO) is an investment company that was founded in 1990 and is headquartered in NYC. They also have offices in Houston and L.A. as well as in Hong Kong, Singapore, London, Luxembourg, Frankfurt and...
Brands Risk Image In Varying Bangladesh Response
May 6, 2013: The Curious Capitalist
MUMBAI, India — Global clothing brands involved in Bangladesh‘s troubled garment industry responded in starkly different ways to the building collapse that killed more than 600 people. Some quickly acknowledged their links to the tragedy and...
Related topics: Bangladesh, India
Al-jihad Group Threatens U.s. Consulate In Mumbai And Says: "we Shall Carry Out Blasts In...
May 6, 2013: Jihad Watch
Yet the Organization of Islamic Cooperation (OIC) and Muslim Brotherhood front groups in the U.S. continue to claim that it is only greasy Islamophobes who "link Islam with terrorism." What is really astounding is that non-Muslim "journalists" pass...
Related topics: India, Terrorism
Insight: “speed Money” Puts The Brakes On India’s Retail Growth
May 5, 2013: Yes, But, However!
MUMBAI (Reuters) - Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.
Related topics: India, Reuters, Hong Kong
Pakistani Prosecutor In Bhutto Case Gunned Down
May 3, 2013: VOA News: www.voanews.com
Police in Pakistan say the lead prosecutor investigating the murder of former prime minister Benazir Bhutto, and the 2008 bombing attacks in Mumbai, India, has been shot dead in Islamabad. Chaudry Zulfikar was shot multiple times Friday by...
Related topics: Police, Pakistan, India, Islamabad
Wns To Present At Investor Conferences
May 2, 2013: DailyFinance.com
Filed under: Investing WNS to Present at Investor Conferences NEW YORK & MUMBAI, India--(BUSINESS WIRE)-- WNS (Holdings) Limited (NYS: WNS) , a leading provider of global Business Process Solutions, today...
Related topics: India
Unilever To Raise Stake In Indian Unit In $5.4 Billion Offer
April 30, 2013: Yes, But, However!
MUMBAI (Reuters) - Anglo-Dutch consumer goods giant Unilever Plc will pay as much as $5.4 billion to raise its stake in its Indian unit, Hindustan Unilever , to up to 75 percent in a bet on fast-growing spending power in Asia's third-largest economy.
Related topics: India, Reuters
Us Immigration Bill’s New Visa Rules Could Slow Indian Outsourcing Juggernaut
April 23, 2013: Canadian Business Magazine
MUMBAI, India – Low cost efficiency put India’s outsourcing companies at the heart of global business and created a multibillion dollar industry that for years has skated over criticism it was eliminating white collar jobs in rich...
Related topics: Immigration, Outsourcing, India
Indian It Firms Fear Provisions In New U.s. Immigration Law
April 23, 2013: DailyFinance.com
Filed under: Outsourcing, Unemployment, U.S. Government, Economy, PeopleAijaz Rahi/AP By KAY JOHNSON MUMBAI, India -- Low cost efficiency put India's outsourcing companies at the heart of global business and created a multibillion dollar industry...
Related topics: Outsourcing, India
India’s Reliance, Readying 4g, Inks Cable Pact With Bharti
April 23, 2013: Yes, But, However!
MUMBAI (Reuters) - Conglomerate Reliance Industries Ltd took a step closer to launching 4G services into a fiercely competitive Indian telecoms market with a deal on Tuesday to lease undersea cable capacity from Bharti Airtel.
Related topics: India, Reuters
Wipro Quarterly Profit Up 17 Per Cent But Near-term Revenue Outlook Weaker
April 19, 2013: Canadian Business Magazine
MUMBAI, India – Indian outsourcing company Wipro Ltd. says its quarterly profit rose 17 per cent to 17.3 billion rupees ($317 million) as information technology services revenue grew. Wipro on Friday reported quarterly revenue of 110 billion...
Related topics: India, Outsourcing
Boston Marathon Bombing Proves Evil Never Leaves Us In Peace
April 16, 2013: Top of the Ticket
The terrorist bombing at the Boston Marathon is yet another cause for despair. It places the hometown of Paul Revere, Sam Adams and the Sons of Liberty in company with Mumbai, Karachi and Baghdad, as well as Oklahoma City.
Related topics: India, Iraq, Baghdad, Terrorism
Homeshop18′s $30m Investment Shows India’s E-commerce Market Growth
April 12, 2013: VentureBeat
Indian home shopping business Homeshop18 has closed a $30 million funding round as it edges closer to an IPO. Reuters reported in April of 2012 that the Mumbai, India-based online retailer is eying a $100 million public offering. And this...
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