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A grounded Airbus in India brings world travel to the country's poor.
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Grounded plane brings international travel to India's poor
With their economy booming, Indians have more money to spend and are enthusiastically booking flights for business and pleasure. But for less wealthy Indians, flying is still an impossibly...

Bangladesh to reopen talks with Tata on 3bln dollar investment
DHAKA (AFP) - Bangladesh's military-backed government will reopen negotiations with Indian conglomerate Tata on Sunday on the group's record three-billion-dollar investment plan, officials...

India halts futures trade in staple foods to fight inflation
NEW DELHI (AFP) - India's government on Thursday halted trading in futures contracts for key staple foods and for rubber as it battled to avoid an election drubbing due to high inflation.The...

Inflation's Back as Oil Jumps Above $US123/Barrel
We know that inflation is a big issue in Australia, but in the US it is making a return to the centre of the economic debate as the credit crunch turmoil eases and the battered US economy staggers...

India's Bharti says no offer yet for MTN but still talking
NEW DELHI (AFP) - India's top mobile phone Bharti Airtel denied on Tuesday a media report that it had made a 19-billion-dollar offer to take control of South Africa's flagship MTN telecom...

Vodafone to distribute iPhones in ten new countries
LONDON (AFP) - British mobile phone giant Vodafone announced Tuesday that it will distribute Apple's iPhone in 10 new countries including Australia, India and South Africa.Vodafone said in a...

IPL's Earnings Surge
As expected Incitec Pivot's first-half profit more than tripled, spurred by a huge rise in fertiliser prices which should propel full-year earnings above forecast, IPL said yesterday. It said it...

India's Bharti says in exploratory' talks with SAfrica's MTN
NEW DELHI (AFP) - India's top mobile phone firm Bharti Airtel said Monday it had launched "exploratory" talks with Africa's biggest cellular operator MTN Group, a move which could lead to...

Tata Steel eyes Indonesia's Krakatau-industry official
(Repeats item first sent May 4) By Yayat Supriatna JAKARTA, May 4 (Reuters) - India's Tata Steel TISC.BO wants to buy a stake in PT Krakatau Steel, Indonesia's state steel firm, and will meet for...

Tata eyes stake in Indonesia's Krakatau Steel: reports
JAKARTA (AFP) - India's Tata Steel could bid for a stake in Indonesia's largest steel maker PT Krakatau Steel, according to a report here Saturday."Tata (Steel) has also expressed their...

Union concerned over offshore NAB jobs
The Finance Sector Union (FSU) says it is concerned about job losses if the National Australia Bank (ASX: NAB.ax) sends part of its lending services offshore to India. FSU Queensland secretary...

India steelmaker Essar seals US deal at $1.1 bln
NEW DELHI (AFP) - Indian steelmaker Essar Steel said Thursday it would buy US steel company Esmark Inc, valuing the deal at 1.1 billion dollars, as it pushes ahead with a North American expansion...

IRAN TO WELCOME CHINESE PARTICIPATION IN GAS PIPELINE
ISLAMABAD, May 1 Asia Pulse - Iran's President Mahmood Ahmadinejad Monday said his country would welcome Chinese participation in the multi-billion Iran, Pakistan, India (IPI) gas pipeline. "The IPI...

INDIA'S
ESSAR AGREES TO MERGE WITH US STEEL CO ESMARK NEW DELHI, May 1 Asia Pulse - India's Essar Steel (BSE:500627) on Thursday said it has agreed to the proposed terms of American steel company Esmark to...

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