Maldives reverses ban on spas: report
Jan 05, 2012 (LBO) – Maldives has reversed a ban spas imposed by the tourism ministery after determining that they were not used for prostitution as …
South Asia
Reliance India regains top spot in stock value
MUMBAI, Jan 4 (AsiaPulse) – Starting new year on an upbeat note, Indian giant Reliance Industries (RIL, BSE:500325) on Monday regained its position of …
India’s Religare Finvest to sell 5-pct stake to PE firm
NEW DELHI, Jan 3 (AsiaPulse) – Private equity firm Jacob Ballas may acquire a five per cent stake in India-based Religare Finvest, a non-banking …
India urged to allow foreign investment in pensions sector
NEW DELHI, Jan 3 Asia Pulse – The Indian government should allow FDI in the pension sector as this will increase the volume of assets which can be used …
Sales growth of 6,500 Indian firms drop to 20% in Jul-Sept
NEW DELHI, (Asia Pulse) – The sales growth of about 6,500 Indian companies declined by 7 percentage points to 20 per cent in the July-September quarter …
Indian auto industry may feel heat until early FY’13
NEW DELHI, (Asia Pulse) – The Indian auto industry may continue to face tough times till the first quarter of 2012-13 as firms are expected to hike car …
India’s Sebi bars 7 companies from capital market
MUMBAI, Dec 30 (Asia Pulse) – India’s market regulator Sebi has barred several companies, their directors, merchant bankers and other related …
India’s Sebi proposes new regulations for investment advisors
MUMBAI, Dec 29 (Asia Pulse) – Indian market regulator Sebi has proposed new rules for investment advisors that will require them to be registered with a …
India FDI drops 50-pct to billion dollars in Nov
NEW DELHI, Dec 28 (AsiaPulse) – Reflecting the economic slowdown in the world’s major economies, foreign direct investment into India dipped by …
Indian job market forecast to see slower hiring activity
NEW DELHI, Dec 27 (Asia Pulse) – The Indian job market is expected to see slower hiring activity, but double-digit salary hikes next year as employers …
Indian growth projected at 7.6-pct for 2011: RBI Gov
VIJAYAWADA, (AsiaPulse) – Reserve Bank of India Governor D Subbarao said the economic growth rate for the current fiscal year is projected at 7.6 per …
Falling rupee lifts Indian PC prices
NEW DELHI, Dec 23 (AsiaPulse) – Indian computer maker HCL INFOSYSTEMS has increased prices of desktops, laptops and servers by 10-15 per cent September …
India’s banks face risks from low growth, fiscal deficit
MUMBAI, Dec 23 (Asia Pulse) – India’s banking system has weak spots such as decelerating growth and a growing fiscal deficit which need to be …
India may give sugar producers more freedom from state control
NEW DELHI, Dec 23 (AsiaPulse) – Noting that sugar industry would be a priority under the food bill, Indian Food Minister K.V Thomas on Wednesday said the …
Kerala to tender deepwater port project in March
MUMBAI, Dec 21 (AsiaPulse) – The Indian state of Kerala plans to invite global engineering, procurement and construction bids for the Rs 7,800 crore …
India probes stock price-rigging
NEW DELHI, Asia Pulse (LBO) – India’s market watchdog is probing the role of at least 25 newly-listed firms, which includes the holding company, …
India’s Tata Power signs up US$68mn for solar power
NEW DELHI, Dec 14 (AsiaPulse) – Tata Power (BSE:500400) said it has tied up funds for its 25-MW solar project in Gujarat, which is to see an investment …
India may award oil blocks next March
NEW DELHI, Dec 7 (AsiaPulse) – The Indian government is likely to award oil and gas blocks offered for bidding in ninth round of New Exploration …
Fairmont eyes 40 hotels in India in five years
NEW DELHI, Dec 7 (AsiaPulse) – Hospitality firm Fairmont Hotels and Resorts plans to operate about 40 hotels in India in the next five years across its …
India’s growth slips to 6.9-pct in 2Q
NEW DELHI, Dec 2 (AsiaPulse) – Confirming a slowdown, India’s economic growth rate slipped to 6.9 per cent in the second quarter this fiscal year, …