| KKR in $200m Indian coffee shops deal New York-based private equity firm is leading a consortium that will invest about $200m in Coffee Day Holdings, the Bangalore-based operator of India's largest coffee house chain, Café Coffee Day  Rant sparks legal threat against India's CNBC Bloomberg UTV threatens to sue an anchorman at CNBC's local partner for Rs5bn for defamation in a row showing the cut-throat nature of the world's second-largest cable TV market Qualcomm to bid in Indian wireless auction Qualcomm, the US mobile phone chipmaker, plans to bid in India's upcoming wireless spectrum auction and, if successful, will help build a wireless broadband network with an Indian partner based on 4G technology India balks at curb on nuclear liability Delhi's Congress party-led administration has backed away from tabling controversial legislation limiting the liability of foreign nuclear reactor suppliers in case of a nuclear accident Emerging market deals surge Companies in these economies stepped up acquisition activity considerably in to developed markets over the last six months of 2009, a survey shows AstraZeneca ties up with Indian drugmaker The alliance with Torrent Pharmaceuticals is the first step in the Anglo-Swedish pharmaceutical group's plans to rapidly expand sales of generic drugs Russia in dogfight for India contract For the past six decades Moscow has supplied the bulk of New Delhi's military hardware, from submarines to Sukoi jets, but Russia faces stiff competition Bosch locks out staff amid India unrest The German car parts supplier shuts out 700 workers at its plant outside Bangalore as tensions soar in a long-running pay dispute India's ONGC and Russia in energy pact talks India's Oil and Natural Gas Corp is in talks with Gazprom and Rosneft over taking equity stakes in oil and gas projects to help cement an energy partnership Intelenet looks to UK for growth Intelenet Global Services, one of India's largest business process outsourcing companies, has acquired the back-office operations of FirstGroup, the UK transport company TCS outlines its Asian ambitions Tata Consultancy Services, India's leading IT and outsourcing group, hopes to quadruple its market share in Asia outside India within five to seven years, according to its top executive for the region Satyam case tests foreign investors' rights A legal case brought in New York against the outsourcing company will show how far overseas shareholders in Indian companies are able to seek damages through class-action lawsuits Essar to buy Trinity for up to $600m The Indian conglomerate agrees to buy Trinity Coal for $550m-$600m in a deal signalling the return of the country's industrial groups to the global acquisition trail Reliance keeps cool amid 'hyper-competition' Syed Safawi, the head of the wireless division at Reliance Communications, says it is a fact of life that Indian telecoms subscribers now constantly switch between... India's government should try harder India has now reached the point in its development when what is needed is persistent improvement across a wide front. This is not a sprint, but a marathon. The budget represents a small step in this race News Wizard |