Narendra Modi

Vote Count puts Modi on Course for Resounding Win

Early counting of results in India's general election put opposition leader Narendra Modi on course for a resounding victory that would hand him a clear mandate for his agenda to revive growth and create jobs. May 16, 2014
Narendra Modi

Modi on Brink of Power as India Vote Count Begins

Counting of votes began on Friday after India's mammoth election, which could usher in the most profound economic change in a generation if opposition leader Narendra Modi wins a clear mandate for his agenda to revive growth and create jobs. May 16, 2014
A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai (Reuters)

Rupee Hits Near 10-month High, Biggest Gain in Three Weeks

The rupee strengthened to its highest level in about 10 months on Thursday, while also posting its biggest single-day gain in nearly three weeks on the back of sustained dollar inflows into domestic shares ahead of election results. May 15, 2014
HSBC London Office

HSBC says Bonus for Chairman Capped at 1 Million Pounds

Banking group HSBC Holdings Plc (HSBA.L) has attempted to head off investor criticism over a new pay plan, capping any share bonus for its Chairman Douglas Flint this year at 1 million pounds ($1.7 million) and saying it would be a one off. May 15, 2014
Pfizer

AstraZeneca Leaves Door Ajar to Pfizer, Despite Hurdles

AstraZeneca's boss said on Wednesday he would engage with Pfizer if the price was right and the risks posed from forcing the British drugmaker's operations into the U.S. company's new three-unit model were addressed. May 15, 2014
Sensex

Asia Sidesteps Ukraine Woes, Vote Hopes Spur Indian Stocks

Asian shares and the dollar rose on Tuesday as tensions in Ukraine were eclipsed by a strong night on Wall Street, with Indian equities rallying hard on hopes an election victory for the business-friendly opposition party would spur a revival in the region's third-biggest economy. May 13, 2014
Labourers carry EVMs at an election material distribution centre on the eve of the final phase of general election in Kolkata

New Government Set to Inherit Wobbly Economy

India is on the cusp of political change that is widely expected to infuse a new life into an economy that is struggling to break away from a tale of weak growth and high inflation. May 12, 2014
aishwarya-rai-among-unhwi-investors-to-secure-uae-property

Aishwarya Rai among UNHWI investors to secure UAE property

New Delhi, April 24 (ANI): Aishwarya Rai Bachchan is one of many ultra-high-net-worth individuals (UNHWI) who are securing property in Dubai, it has been revealed. Reports are that about 26 percent of the private wealth of the UHNWI's is spent on properties in the Middle East, and which includes film stars from India like Aishwarya Rai Bachchan and Shah Rukh Khan. According to new analysis from international real estate adviser Savills, the worth of UNHWI's property holdings in Dubai was about to raise as the rich rushed to claim real estate in the city, and now accounts for around a fifth of the invested wealth of the nearly 200,000 UHNWIs in the world.The average value of UHNWI real estate holdings in the city is 8 million dollars, as compared compared to 32 million dollars in Hong Kong, 28 million dollars in London and 9 million dollars in New York. Apr 24, 2014