NEW DELHI, INDIA: India's government has told the Indian unit of British mobile phone giant Vodafone that its licences for three big cities cannot be extended and it will have to bid again, the company has said.
MUMBAI, INDIA: Finnish phone giant Nokia said on Tuesday (12 February) it had protested to the Indian government over a tax raid at one of its factories in South India, slamming the action as "excessive and unacceptable".
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.
LONDON, UK: Financial services companies need to look far beyond their domestic markets if they are to achieve their ambitious growth aspirations. This is according to the 14th annual PwC Global CEO Survey, which shows CEOs of financial services companies believe emerging markets are more important than developed markets to their organisation's future.
NEW DELHI, INDIA: India's government appears to be moving closer to opening up the nation's vast retail sector to foreign investors, the head of the world's number one retailer Wal-Mart said on Monday.