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Atlas Copco Gets Mining Equipment Order in India Worth EUR8 Million
1 hour ago - Fox Business - May 21, 2013 3:15 AM
Swedish engineering group Atlas Copco AB (ATCO-A.SK) said Tuesday it has won a repeat order for mining equipment worth EUR8 million from Hindustan Zinc Ltd. (500188.BY).



SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0707 GMT
1 hour ago - Reuters - May 21, 2013 3:14 AM
STOCKS ----------------------- India's main BSE index falls 0.29 percent while the broader NSE index is down 0.35 percent, heading for a second day of decline. Analysts say some consolidation was due in the domestic market after the BSE index rallied



TABLE-India cbank says repo bids fall to 995.85 bln rupees
3 hours ago - Reuters - May 21, 2013 1:51 AM
May 21 (Reuters) - The Reserve Bank of India said on Tuesday it accepted all 32 bids for 995.85 billion rupees ($18.1 billion) at its one-day repo auction, through which it injects liquidity into the banking system. ----------------------------------



UPDATE 1-IT firm iGate sacks CEO after sexual harassment probe
5 hours ago - Reuters - May 20, 2013 11:56 PM
MUMBAI, May 21 (Reuters) - Outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.



UPDATE 1-IT firm iGate sacks CEO after sexual harassment probe
5 hours ago - Reuters - May 20, 2013 11:56 PM
MUMBAI, May 21 (Reuters) - Outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.



UPDATE 1-IT firm iGate sacks CEO after sexual harassment probe
5 hours ago - Reuters - May 20, 2013 11:56 PM
MUMBAI, May 21 (Reuters) - Outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.


2

Brent holds near 2-week top at around $105 on supply worries
5 hours ago - Reuters - May 20, 2013 11:42 PM
CHENNAI, India, May 21 (Reuters) - Brent crude futures steadied near a two-week high, holding around $105 per barrel on Tuesday, as fears over rising Middle East tension offset concern about moderating demand growth to lock prices in a tight range.



India Morning Call-Global markets
6 hours ago - Reuters - May 20, 2013 11:11 PM
-----------------------(0825 a.m. India time)------------------ LEVEL NET/CLOSE PCT/YIELD DJIA 15335.28 -19.12 -0.12 S&P 500 1666.29 -1.18 -0.07 FTSE 6755.63 32.57 0.48 MSCI Asia-Pac Ex-JP 482.86 -0.92 -0.19 Nikkei 15369.13 8.32 0.05 Euro 1.2888



REFILE-India's Essar Oil to sign $1 bln debt-for-fuel deal with China
6 hours ago - Reuters - May 20, 2013 10:57 PM
* Essar to supply refined fuel to Petrochina in debt deal -sources


4

Cheap money is still scarce in the Brics
15 hours ago - FT - May 20, 2013 1:39 PM
Far from fighting off foreign capital, leaders from India to South Africa are struggling to attract a greater share of global capital flows


4

MUST-WATCH: Indians, Pakistanis Bond Over Vending Machines In Awesome Coke Ad
16 hours ago - Huffington Post - May 20, 2013 1:05 PM
Connected by language and history, but divided by years of war and persistent conflict, India and Pakistan share a rocky, schismatic relationship that is tenuous...


4

Stressful Workplaces And Shrinking Paychecks Makes Fraud More Tempting
17 hours ago - Business Insider - May 20, 2013 11:38 AM
Corruption is an ongoing problem that many in business acknowledge is all around them. Ernst & Young's annual international fraud survey, which covers Europe, the Middle East, India, and Africa, found that 42% of board directors and senior manage


8

Morgan Stanley Selling India Wealth Management Assets
18 hours ago - Fox Business - May 20, 2013 10:50 AM
Morgan Stanley (MS) Monday said it will sell its wealth-management business in India to Standard Chartered PLC (STAN.LN) for an undisclosed amount.



Morgan Stanley sells Indian wealth-management unit
18 hours ago - MarketWatch - May 20, 2013 10:39 AM
(Adds background, analyst comment) MUMBAI--Morgan Stanley MS Monday said it will sell its wealth-management business in India to Standard Chartered PLC STAN.LN for an undisclosed amount. The deal comes a month after the U.S. investment bank sold its



UPDATE 2-China offers India a "handshake across the Himalayas"
18 hours ago - Reuters - May 20, 2013 10:37 AM
NEW DELHI, May 20 (Reuters) - India and China will study new ways to ease tensions on their ill-defined border after an army standoff in the Himalayas, Chinese Premier Li Keqiang said on Monday on his first official foreign trip.



UPDATE 1-StanChart to buy Morgan Stanley India wealth management arm
18 hours ago - Reuters - May 20, 2013 10:26 AM
* To pay less than $5 mln on closure of the deal - sources



UPDATE 1-StanChart to buy Morgan Stanley India wealth management arm
18 hours ago - Reuters - May 20, 2013 10:26 AM
* To pay less than $5 mln on closure of the deal - sources


35

India Finance Minister Begs Citizens To Stop Buying Gold
19 hours ago - ZeroHedge - May 20, 2013 10:02 AM
While the overnight collapse in precious metals has been notably retraced, the media is unable to take its eyes off the ball that the status quo is shaking focusing on the demise and what that must mean for the future. Well, it seems, the Indian fina


13

Coal India Share Sale Faces Hurdles
19 hours ago - WSJ - May 20, 2013 9:20 AM
The anticipated share sale of state-run Coal India is facing hurdles that could delay or possibly jeopardize it, from a threat of strikes by unions to a sluggish outlook of the broader sector.



REFILE-SNAPSHOT-India stocks, bonds, rupee, swaps, call at close
20 hours ago - Reuters - May 20, 2013 9:09 AM
(Refiles to amend phrasing under GOVERNMENT BONDS to make clear old 10-year bonds has gained for the ninth session in 10, not the new 10-year paper) STOCKS ----------------------- India's main share index down 0.31 percent, while the broader 50-share


21

China's Premier Plays Down India Tensions
21 hours ago - WSJ - May 20, 2013 8:10 AM
Chinese Premier Li Keqiang played down a recent border dispute after arriving in India on his first official overseas trip since taking office in March, stressing the need for cooperation.



SNAPSHOT-India stocks, bonds, rupee, swaps, call at close
21 hours ago - Reuters - May 20, 2013 8:00 AM
STOCKS ----------------------- India's main share index down 0.31 percent, while the broader 50-share NSE index falls 0.49 percent, retreating from near 2-1/2-year highs as investors book profits in rate-sensitive stocks such as ICICI Bank, while dru


12

Morgan Stanley Selling India Assets
21 hours ago - WSJ - May 20, 2013 7:47 AM
Morgan Stanley is selling its wealth-management business in India to Standard Chartered for an undisclosed amount.



India's MTNL plans to raise up to 19.95 bln rupees via bond in June - termsheet
21 hours ago - Reuters - May 20, 2013 7:37 AM
MUMBAI, May 20 (Reuters) - India's state-owned Mahanagar Telephone Nigam Ltd plans to raise up to 19.95 billion rupees ($364 million) through a bond sale in June, a termsheet obtained by Reuters showed.


8

Morgan Stanley to Sell India Wealth Management Assets
21 hours ago - Fox Business - May 20, 2013 7:35 AM
Morgan Stanley (MS) on Monday said it is selling its Indian wealth management business to Standard Chartered PLC (STAN.LN) for an undisclosed sum. "Morgan Stanley will work closely with Standard Chartered over the coming months to ensure a smooth tra


9

Li seeks to heal China-India rift
22 hours ago - FT - May 20, 2013 6:43 AM
On his first foreign trip as China’s premier Li Keqiang says his country has reached a ‘strategic consensus’ with India despite a border spat



India's Essar Oil to sign $1 bln debt-for-fuel deal with China
22 hours ago - Reuters - May 20, 2013 6:35 AM
* Essar to supply refined fuel to Petrochina in debt deal -sources



UPDATE 1-China offers India a "handshake across the Himalayas"
22 hours ago - CNBC - May 20, 2013 6:35 AM



Telenor's India unit says achieved breakeven in Gujarat zone
24 hours ago - Reuters - May 20, 2013 4:53 AM
May 20 (Reuters) - Norwegian telecoms company Telenor's Indian unit said on Monday it had achieved breakeven in its core earnings in Gujarat zone and would further expand its network there.



Morgan Stanley sells India wealth management unit
1 day ago - MarketWatch - May 20, 2013 4:22 AM
MUMBAI--Morgan Stanley MS Monday said it is selling its Indian wealth management business to Standard Chartered PLC STAN.LN for an undisclosed sum. "Morgan Stanley will work closely with Standard Chartered over the coming months to ensure a smooth tr



SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0750 GMT
1 day ago - Reuters - May 20, 2013 4:00 AM
STOCKS ----------------------- India's main share index gains 0.42 percent, while the broader 50-share NSE index is 0.24 percent up, tracking gains in Asian markets and as foreign investors continue buying local stocks. GOVERNMENT BONDS -------------



SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0750 GMT
1 day ago - Reuters - May 20, 2013 4:00 AM
STOCKS ----------------------- India's main share index gains 0.42 percent, while the broader 50-share NSE index is 0.24 percent up, tracking gains in Asian markets and as foreign investors continue buying local stocks. GOVERNMENT BONDS -------------


14

Morgan Stanley: To Sell India Wealth Management Assets to Standard Chartered Bank
1 day ago - Fox Business - May 20, 2013 3:33 AM
Morgan Stanley (MS) Monday said it is selling its Indian wealth management business to Standard Chartered PLC (STAN.LN) for an undisclosed sum. "Morgan Stanley will work closely with Standard Chartered over the coming months to ensure a smooth transf



Chinese Premier Li seeks trust in India, border issue irks
1 day ago - Reuters - May 20, 2013 2:52 AM
NEW DELHI, May 20 (Reuters) - Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border i



Chinese Premier Li seeks trust in India, border issue irks
1 day ago - CNBC - May 20, 2013 2:52 AM



Nikkei hits new 5 1/2-yr high on weak yen, signs of improving economy
1 day ago - Reuters - May 20, 2013 2:49 AM
* Mitsubishi Motors, Nissan soar on minicar growth hope * Improved assessment of economy lifts mood * Interest rate sensitive stocks fall on rising yield * Report of Japan-India resuming talks on nuclear co-operation pact buoys By Ayai Tomisawa TOKYO



Nikkei hits new 5 1/2-yr high on weak yen, signs of improving economy
1 day ago - Reuters - May 20, 2013 2:49 AM
* Mitsubishi Motors, Nissan soar on minicar growth hope * Improved assessment of economy lifts mood * Interest rate sensitive stocks fall on rising yield * Report of Japan-India resuming talks on...



Nikkei hits new 5 1/2-yr high on weak yen, signs of improving economy
1 day ago - Reuters - May 20, 2013 2:49 AM
* Mitsubishi Motors, Nissan soar on minicar growth hope * Improved assessment of economy lifts mood * Interest rate sensitive stocks fall on rising yield * Report of Japan-India resuming talks on nuclear co-operation pact buoys By Ayai Tomisawa TOKYO



Morgan Stanley to sell India wealth management unit to StanChart
1 day ago - Reuters - May 20, 2013 2:27 AM
May 20 (Reuters) - Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed.



Morgan Stanley to sell India wealth management unit to StanChart
1 day ago - Reuters - May 20, 2013 2:27 AM
May 20 (Reuters) - Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed.



India's NHB seeks bids to raise up to 5 bln rupees via bonds - termsheet
1 day ago - Reuters - May 20, 2013 1:29 AM
MUMBAI, May 20 (Reuters) - India's National Housing Bank has invited bids on Monday to raise up to 5 billion rupees ($91.23 million) via 60-month bonds, a termsheet showed.



Infosys to challenge latest tax demand of $105.3 million
1 day ago - Reuters - May 20, 2013 12:47 AM
BANGALORE (Reuters) - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month.



Infosys to challenge latest tax demand of $105.3 mln
1 day ago - Reuters - May 20, 2013 12:31 AM
BANGALORE, May 20 (Reuters) - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month.



Infosys to challenge latest tax demand of $105.3 mln
1 day ago - Reuters - May 20, 2013 12:31 AM
BANGALORE, May 20 (Reuters) - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month.



SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0415 GMT
1 day ago - Reuters - May 20, 2013 12:23 AM
STOCKS ----------------------- India's main share index gains 0.68 percent, while the broader 50-share NSE index is 0.59 percent up, tracking gains in Asian markets and as foreign investors continue buying local stocks. GOVERNMENT BONDS -------------



SNAPSHOT-India stocks, bonds, rupee, swaps, call at 0415 GMT
1 day ago - Reuters - May 20, 2013 12:23 AM
STOCKS ----------------------- India's main share index gains 0.68 percent, while the broader 50-share NSE index is 0.59 percent up, tracking gains in Asian markets and as foreign investors continue buying local stocks. GOVERNMENT BONDS -------------



Nikkei hits fresh 5 1/2-yr high on weak yen, govt upgrade of economic view
1 day ago - Reuters - May 19, 2013 11:25 PM
* Improved assessment of economy lifts mood * Interest rate sensitive stocks fall on rising yield * Report of Japan-India resuming talks on nuclear co-operation pact buoys By Ayai Tomisawa TOKYO, May 20 (Reuters) - The Nikkei share average surged to



Nikkei hits fresh 5 1/2-yr high on weak yen, govt upgrade of economic view
1 day ago - Reuters - May 19, 2013 11:25 PM
* Improved assessment of economy lifts mood * Interest rate sensitive stocks fall on rising yield * Report of Japan-India resuming talks on nuclear co-operation pact buoys By Ayai Tomisawa TOKYO, May...



Nikkei hits fresh 5 1/2-yr high on weak yen, govt upgrade of economic view
1 day ago - Reuters - May 19, 2013 11:25 PM
* Improved assessment of economy lifts mood * Interest rate sensitive stocks fall on rising yield * Report of Japan-India resuming talks on nuclear co-operation pact buoys By Ayai Tomisawa TOKYO, May 20 (Reuters) - The Nikkei share average surged to



India Morning Call-Global markets
1 day ago - Reuters - May 19, 2013 11:04 PM
-----------------------(0825 a.m. India time)------------------ LEVEL NET/CLOSE PCT/YIELD DJIA 15354.4 121.18 0.8 S&P 500 1,666.12 15.65 0.95 FTSE 6723.06 35.26 0.53 MSCI Asia-Pac Ex-JP 484.26 4.63 0.97 Nikkei 15347.01 208.89 1.38 Euro