SOUTH AFRICA

Brics investors shake on first joint mining project

In a first of its kind, Brics countries have come together to invest in a gold mining project in Siberia...

19 Oct 2016

INDIA

Smartphone makers seek growth in India

NEW DELHI, INDIA: Smartphone manufacturers are in a race to capture the bottom of India's economic pyramid as they battle for customers in the fast-growing low-end market where analysts say opportunities are vast.

8 Sep 2014

INDIA

India's Bharti makes $184m in three months

NEW DELHI, INDIA: India's top mobile phone firm, Bharti Airtel, reported almost 61% increase in profits - compared with last year - helped by less competition and a wider customer base.

31 Jul 2014

INDIA

India's Flipkart takes on Amazon with a $1bn warchest

MUMBAI, INDIA: India's top e-commerce company Flipkart said it had raised $1bn (60bn rupees) in funds as it battles US company Amazon for supremacy in the hyper-competitive local online buying market.

30 Jul 2014

INDIA

Tata Motors' profit triples on JLR sales

NEW DELHI, INDIA: Tata Motors, India's top vehicle group, on Monday (10 February) reported a tripling of quarterly net profit in a sterling performance by British luxury brand Jaguar Land Rover (JLR), which offset dismal domestic sales.

11 Feb 2014

INDIA

India car sales post steepest drop in decade

NEW DELHI, INDIA: India's car sales fell nearly five percent year-on-year in the first half of the financial year due to the weak economy. This is the steepest drop in a decade, according to data released on Tuesday (8 October).

9 Oct 2013

INDIA

Tata rebrands 'world's cheapest car' to boost sales

MUMBAI, INDIA: India's top vehicle manufacturer Tata Motors says it plans to reposition the Nano as a "smart city car" after its marketing pitch as the world's cheapest vehicle resulted in disappointing sales.

22 Aug 2013

INDIA

Nokia sued in India for unpaid taxes

NEW DELHI, INDIA: Struggling Finnish phone company Nokia said last week the Indian tax officials had demanded the company pay taxes worth US$363m, but a court order has prevent the payment.

2 Apr 2013

SOUTH AFRICA

Bigger is better says motor industry

Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.

11 Mar 2013

INDIA

Kingfisher Airline loses licence

MUMBAI, INDIA: India's troubled Kingfisher Airlines has lost its permit to fly after a deadline to renew its suspended licence expired, the national aviation regulator said on Tuesday (1 January).

2 Jan 2013

INDIA

India central bank examining Wal-Mart allegations

NEW DELHI, INDIA: India has asked its central bank to examine allegations that US retail giant Wal-Mart has illegally invested in Indian supermarkets since 2010, the Press Trust of India reported Thursday.

22 Oct 2012

SWITZERLAND

IMD announces its 2012 World Competitiveness Rankings

LAUSANNE, SWITZERLAND: IMD, a top-ranked global business school based in Switzerland, has announced the findings of its annual World Competitiveness Yearbook (WCY). The WCY rankings measure how well countries manage their economic and human resources to increase their prosperity.

1 Jun 2012

SOUTH AFRICA

Global experts convene in SA to discuss intellectual property, innovation

South Africa and other developing countries are in hot debate about how best to grow their economies through innovation and the development of intellectual property.

7 Sep 2011

GERMANY

Mood of the World report shows most of world focuses on inflation

NUREMBURG, GERMANY: British consumers are facing the double whammy of still feeling the effects of recession even as rising costs fuel inflationary worries. They are not alone in the world, though, according to GfK Roper Consulting's 2011 Mood of the World Report, which is based on a global survey of more than 32 000 consumers ages 15 and older in 25 countries.

25 Aug 2011

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