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Obama ends day of Indian pageantry with $4 billion pledge

NEW DELHI - U.S. President Barack Obama ended a landmark day in India on Monday with a pledge of $4 billion in investments and loans, seeking to release what he called the "untapped potential" of a business and strategic partnership between the world's largest democracies.

Recent Business News

China says industrial sector under pressure

BEIJING - China's vast industrial sector - traditionally a mainstay driver of the economy - faces downward pressure, the country's Ministry of Industry and Information Technology told reporters on Tuesday.

7:56am IST

Mahindra to expand renewables business amid India's clean energy push

NEW DELHI - Indian conglomerate Mahindra Group plans to expand its renewable energy business and invest 45 billion rupees ($732.5 million) over the next three to four years, its chairman said, amid a government-led push to increase the use of clean energy.

26 Jan 2015

Microsoft's core goes soft, as it focuses on cloud transition

SEATTLE - The main engine of Microsoft Corp's historic earnings power - selling Windows and Office to big businesses - is showing signs of waning, and investors are concerned that the shift to the cloud is not making up for the shortfall.

Tech, 8:42am IST

IBM dismisses Forbes report of massive layoffs

REUTERS - IBM dismissed on Monday a Forbes magazine report claiming the technology firm is preparing to cut about 26 percent of its workforce, which would represent its biggest-ever layoffs.

Tech 26 Jan 2015

Microsoft profit falls on sluggish Windows, currency pressure

SEATTLE - Microsoft Corp on Monday reported a fall in its quarterly profit that was in line with Wall Street forecasts, as sluggish personal computer sales dampened demand for Windows software and the company struggled with the impact of the strong U.S. dollar.

Top News, Tech, 3:46am IST

Reuters Showcase

RK Laxman Dead

RK Laxman Dead

'Common Man' cartoonist RK Laxman dead at 93  Full Article 

Banking Revolution

Banking Revolution

India turns to corner shops, mobile phones for banking revolution.  Full Article 

Nuclear Group

Nuclear Group

China urges India to take steps to satisfy standards of NSG  Full Article 

U.S. Blizzard

U.S. Blizzard

Northeast U.S. braves 'crippling' blizzard, transit systems shut.  Full Article 

No Layoffs

No Layoffs

IBM dismisses Forbes report of massive layoffs.  Full Article 

Padma Bhushan

Padma Bhushan

India honours Bill Gates with civilian award  Full Article 

Fashionable Modi

Fashionable Modi

When Modi met Obama, his name was all over - his suit  Full Article 

Spielberg Speaks

Spielberg Speaks

Spielberg: 70 years after Holocaust Jews still face anti-Semitism.  Full Article 

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Australian Open

Sharapova schools Bouchard to advance in Melbourne   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage 

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