Just In South Asia Business News

It has six other associate banks and plans to take over all associates eventually. "SBI has already initated the process," Namo Narain Meena told the lower house of parliament in a written reply. State Bank of Indore had informed the...

India valuations need to correct 15-20% to be at par with China. India, China have different models, systems and challenges, but my money is in both, says Stephen Roach. Shankar Sharma explains why some emerging markets are in bubble zone...

Foreign direct investment (FDI) into India in the year to March 2010 would be about $18 billion, Trade Minister Anand Sharma said on Friday. In 2008/09 FDI in India rose 11 percent to $27.31 billion, but the financial slowdown has...

The $100 million LoC with Russia-based Vnesheconombank will help to promote export capital goods from India. The deal will get materialised within 10-15 days," Exim Bank's, executive director, Prabhakar Dalal, told PTI here. Exim Bank is also in talks with...

Shri Educare Ltd (SEL) to set up five schools over the next two to three years. The first two schools will be set up in Noida and Faridabad and will be open for admissions by the next academic session, Educomp...

Domestic gold prices hit a high of nearly Rs 13,100 in March 2008 .  Gold prices closed at all-time record of over Rs 18,000-per ten gram in November 2009 the back of a strong marriage season demand, positive global cues...

New Vision Imaging (NVI), a Goa-based company will now offer magazines, house journals, books, colourful brochures and business cards on time at cost effective rates at the customers' doorsteps through website orders. The Company has tied up with Hewlett Packard...

Barton, the Lammot du Pont Professor of Chemical Engineering, have proposed a system that uses solid-oxide fuel cells, which produce power from fuel without burning it. The system would not require any new technology, but would rather combine existing components,...

JSW Energy has priced its IPO, which is being launched on Monday, at Rs100-115 per share to raise up to $583 million, around half what it had planned to raise before dropping its offer plan last year. Double click an...

The recent CSO estimate of India’s GDP for the second quarter of 2009-10 came like a whiff of fresh air amidst the gloomy scenario that was painted last week by the Dubai debt crisis. GDP growth has received its surprising...