Five companies would be vying for the West Bengali government's shares in Haldia Petrochemicals Ltd through a bidding process.
Asia/Pacific
Bharti Retail-Walmart partnership stalls
The recent remarks made by officials of both Bharti and Walmart indicate issues between the two. Walmart Stores Asia head Scott Price, contrary to previous reports, said a conversion of the current franchisee agreement with Bharti Retail into a joint venture is 'not tenable'.
Wal-Mart said negotiations with Bharti still ongoing
Addressing concerns as to the lack of progress in its bid to open shop in India, Wal-Mart said it is negotiating with Bharti for final details.
Despite Obama absence, Trans Pacific Partnership still a go
Identified as an integral part of US interests in Asia, the Trans Pacific Partnership is being outlined between the US and eleven other countries.
Apple teaches important branding lesson to marketers- report
A Forbes report revealed the branding lesson marketers could learn from Apple. A Forbes report revealed that marketers can learn one very important lesson from Apple: Branding starts with consumers.
Latest News
Rupee's depreciation makes India an attractive proposition for US investors. India's top ranked takeover advisor Bank of America Corp identified the rupee's depreciation as the main factor in generating interest from US companies in setting up factories in India.
The Chinese government would be easing regulations for foreign lenders seeking to do business in the newly-opened Shanghai free trade zone.
Asian creditors may be the least of the worries of the US government even if the US Congress would fail to raise its debt ceiling.
The merger of Etihad Airways and Jet Airways passed finance regulatory authority review and now would go to the antitrust regulatory authority.
Reliance Capital Asset Management Ltd performed better this year compared to last year, mainly due to increased advertising revenues.
Treasurer for Australia Joseph Hockey extended the time frame for Australian regulators including himself to decide whether the acquisition of GrainCorp Ltd by Archer Daniels Midland Co would go against the national interest.
The American Association of Physicians of Indian Origin and the American Heart Association Liaison Committee join in a programme on stroke and heart attack education in the US and in India.
Although Samsung Electronics Co released its projected operating profits for the third quarter, investors were becoming anxious about the company's ability to return cash to its shareholders.
US buyout firm TPG had opened discussions with Manappuram Finance for a possible minority shareholdings.
