India: Political Pulse & Road to Reforms
NEW DELHI German carmaker Volkswagen AG will begin producing a compact sedan at its plant in India in 2016 and has invested 85 million euros ($90 million) in the car, the company's local unit said in a statement on Wednesday.
LONDON/DUBAI OPEC is determined to keep pumping oil vigorously despite the resulting financial strain even on the policy's chief architect, Saudi Arabia, alarming weaker members who fear prices may slump further towards $20.
U.S. private equity firm Bain Capital is selling shares in Hero MotoCorp Ltd, the world's largest seller of motorcycles and scooters, to raise as much as $116 million, IFR reported, citing a person close to the deal.
NAGPUR, India Off-spinner Simon Harmer took four wickets while paceman Morne Morkel bagged three as South Africa skittled India for 215 in the first innings on the opening day of the third test on Wednesday.
SRINAGAR, India Indian army commandos killed three militants holed up in an officers' mess and another person was shot dead during a six-hour gunbattle at an army base in the disputed Kashmir region on Wednesday, a senior army officer said.
Rahul Gandhi's New Innings
Scalded by spontaneous anti-rape and corruption protests near the seat of government in Delhi, India's ageing leaders are scrambling to win over an angry and influential young urban population ahead of elections due to be held by early next year. Full Article
BREAKINGVIEWS - India braces for last year of political stability. Full Article