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StanChart plans China growth, confident on income
By Kelvin Soh and Steve Slater HONG KONG/LONDON (Reuters) - Standard Chartered said it expected to grow income by 10 percent or more this year even though growth dipped below that pace in the first quarter due to weakness in India and the strength of the U.S. dollar against Asian currencies. The Asia-focused bank said operating profit was up more than 10 percent in the first quarter as it kept

Tarun Anand Resigns from Thomson Reuters to Concentrate on his Entrepreneurial Venture; Universal Business School
Mr. Tarun Anand resigned from his position of Managing Director Thomson Reuters, South Asia and left Thomson Reuters on March 23rd 2012 to render his undivided focus on Universal Business School (UBS), which he co-founded with two other top management professionals; Mr. Gurdip Singh Anand and Mr. Babulal Varma to introduce the highest quality of business management education to India.

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Exports fall for the first time since 2009

India's exports in March fell for the first time since the 2009 global financial crisis as demand weakened in the United States and Europe, further clouding the outlook for the country's balance of

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India's Samvardhana raises $42 mln from IPO anchor investors
MUMBAI, May 1 (Reuters) - India's Samvardhana Motherson Finance Ltd has placed around 2.2 billion rupees ($42 million) worth shares with cornerstone investors, st ock exchange data showed, ahead of

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Samvardhana raises $42 mln from IPO anchor investors

Samvardhana Motherson Finance Ltd has placed around 2.2 billion rupees worth shares with cornerstone investors, stock exchange data showed, ahead of its initial share sale of about 16.65 billion

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GMR rethinks PE funding for highways business

GMR Infrastructure, the city-based publicly held infrastructure developer, is understood to be rethinking its move to raise $300 million through the private equity (PE) route to fund the expansion

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