Items by By HEATHER TIMMONS
NYT > Business
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Indian Regulator Cites Safety Violations and Financial Ills of Airlines
Posted: January 10th, 2012, 1:00am EST by By HEATHER TIMMONS
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Many of India’s airlines are rife with safety violations, including shortages of pilots and engines, according to an unreleased report by the industry’s top regulator.
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Airline Alliance Puts Air India on Standby, Indefinitely
Posted: August 1st, 2011, 8:30am EDT by By HEATHER TIMMONS
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Star Alliance said that Air India’s pending membership had been suspended, dealing a blow to the carrier’s turnaround plans.
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Ford to Increase Its Plant Capacity in India
Posted: July 27th, 2011, 9:43pm EDT by By HEATHER TIMMONS
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Ford said it would invest $1 billion in northwest India as it continues a push in Asia and Africa.
NYT > Home Page
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Ford to Increase Its Plant Capacity in India
Posted: July 27th, 2011, 9:43pm EDT by By HEATHER TIMMONS
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Ford said it would invest $1 billion in northwest India as it continues a push in Asia and Africa.
NYT > Business
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India’s Anti-Poverty Programs Are Big but Troubled
Posted: May 18th, 2011, 9:30pm EDT by By HEATHER TIMMONS
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India spends more on programs for the poor than most developing countries, but it has failed to eradicate poverty because of widespread corruption, the World Bank said.
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In India, Reality TV Catches On, With Some Qualms
Posted: January 10th, 2011, 1:10am EST by By HEATHER TIMMONS
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In a country where public kissing is largely frowned on, a crop of reality TV shows, some featuring risqué situations, are gaining popularity, but also public scrutiny.
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India Stocks Sink on Telecommunications Scandal
Posted: November 19th, 2010, 2:20pm EST by By HEATHER TIMMONS
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India’s auditor said that $40 billion had been wasted in the awarding of wireless telecommunications spectrum licenses.
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Auction for Cellphone Bandwidth Was Rigged, India Says
Posted: November 16th, 2010, 6:30pm EST by By HEATHER TIMMONS
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Licenses were granted to favored clients in a manner that lacked transparency, a government report says.
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Commonwealth Games: Business World Using Commonwealth Games to Assess India
Posted: October 4th, 2010, 12:38am EDT by By HEATHER TIMMONS
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Many of the same Western nations that were publicly upset by India’s lack of sports preparedness have recently stepped up their trade efforts with the country.
NYT > Sports
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Commonwealth Games: Business World Using Commonwealth Games to Assess India
Posted: October 4th, 2010, 12:38am EDT by By HEATHER TIMMONS
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Many of the same Western nations that were publicly upset by India’s lack of sports preparedness have recently stepped up their trade efforts with the country.
NYT > Business
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Cameron of Britain Seeks More Business Ties With India
Posted: July 26th, 2010, 3:50pm EDT by By HEATHER TIMMONS
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Mr. Cameron hopes to position British companies to receive some of the tens of billions India is expected to spend on projects like roads and power grids.
NYT > Health
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India Expands Its Global Role in Drug Production
Posted: July 7th, 2010, 10:24am EDT by By HEATHER TIMMONS
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India’s drug industry is on track to grow 13 percent this year, to just over $24 billion in sales.
NYT > Business
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Abbott Buys Indian Drug Maker for $3.7 Billion
Posted: May 21st, 2010, 5:20pm EDT by By HEATHER TIMMONS
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The acquisition allows the American company to increase its presence in the fast-growing emerging markets as well as its portfolio of low-priced drugs.
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Bharti Airtel Bids for Zain's African Phone Customers
Posted: February 15th, 2010, 12:46pm EST by By HEATHER TIMMONS
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Bharti Airtel, the largest Indian mobile phone company by subscribers, confirmed on Monday that it is in talks to buy the African assets of the Kuwaiti telecom company Zain for about $10.7 billion.
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Bharti Airtel Bids for Zain’s African Phone Customers
Posted: February 14th, 2010, 10:52am EST by By HEATHER TIMMONS
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Bharti Airtel, India’s largest mobile phone company by subscribers, offered to buy the African operations of the Kuwaiti telecommunications company Zain in a deal valued at about $10.7 billion.
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Emerging Markets Keep Soaring Past Their Doubters
Posted: December 29th, 2009, 5:00pm EST by By HEATHER TIMMONS
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Staggering gains this decade in Brazil, Russia, China, India and other developing nations have left even some bulls wondering if the good times can last.
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Dubai Crisis Tests Laws of Islamic Financing
Posted: December 1st, 2009, 2:40am EST by By HEATHER TIMMONS
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Islamic-rule investments prohibit lenders from earning interest, and effectively place lenders and borrowers into a form of partnership.
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Some Indians Find It Tough to Go Home Again
Posted: November 28th, 2009, 1:13am EST by By HEATHER TIMMONS
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India wants its emigrants and their offspring back, but many say the business climate is frustrating, and the workplace culture makes them feel unexpectedly foreign.
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G.E. Chief Sees India Helping Cut Costs of U.S. Health Care
Posted: October 3rd, 2009, 1:04am EDT by By HEATHER TIMMONS
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Jeffrey Immelt, chief executive of General Electric, said health care products and services developed cheaply in India would be exported to the United States.
NYT > Health
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G.E. Chief Sees India Helping Cut Costs of U.S. Health Care
Posted: October 3rd, 2009, 1:04am EDT by By HEATHER TIMMONS
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Jeffrey Immelt, chief executive of General Electric, said health care products and services developed cheaply in India would be exported to the United States.
NYT > Business
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African-Indian Telecom Merger Fails
Posted: October 1st, 2009, 2:20pm EDT by By HEATHER TIMMONS
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The collapse of talks between Bharti Airtel of India and MTN Group of South Africa illustrated the difficulty of striking deals in emerging markets.
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Bharti and MTN Abandon Phone Merger Talks
Posted: September 30th, 2009, 12:27pm EDT by By HEATHER TIMMONS
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The Indian telecom giant Bharti Airtel said that talks on a possible merger with MTN Group of South Africa have ended.
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Ford Hopes New Figo Will Help It Win Asian Buyers
Posted: September 23rd, 2009, 6:24pm EDT by By HEATHER TIMMONS
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As it rolled out a new small car in India, Ford said it would increase its focus on the fast-growing car-buying markets of the Asia-Pacific region.
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Indian and South African Mobile Phone Companies Are Near a Deal
Posted: September 23rd, 2009, 12:06am EDT by By HEATHER TIMMONS
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After two attempts, Bharti and MTN are now awaiting approval by regulatory authorities, and politics, not commerce, could be the deciding factor.
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India Takes Aim at Economic Crime
Posted: July 30th, 2009, 3:51pm EDT by By HEATHER TIMMONS
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The Central Bureau of Investigation chief has raised the visibility of the war on corporate crime and enlisted public support for efforts against government corruption.
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Gates Faults U.S. on Data Privacy and Immigration
Posted: July 24th, 2009, 12:55pm EDT by By HEATHER TIMMONS
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Microsoft’s chairman was critical of the U.S. government’s unwillingness to adopt national identity cards.
NYT > Home Page
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Indian Court Overturns Gay Sex Ban
Posted: July 2nd, 2009, 4:13am EDT by By HEATHER TIMMONS
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In a ruling that could usher in an era of greater freedom for gays and lesbians in India, New Delhi’s highest court decriminalized homosexuality.
NYT > Business
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Snapple Deal To Outsource May Add Jobs In America
Posted: July 1st, 2009, 1:48am EDT by By HEATHER TIMMONS
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Under a new deal, HCL Technologies, based in India, will manage Snapple’s computer networks, but may be hiring in the United States to do it.
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India Feels Less Vulnerable as Outsourcing Presses On
Posted: June 3rd, 2009, 12:54am EDT by By HEATHER TIMMONS
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The pressure on companies, and even governments, to reduce costs means that many outsourcing businesses are booming.
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2 Auditors Held in India Fault System
Posted: May 29th, 2009, 12:31pm EDT by By HEATHER TIMMONS
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Four months after the revelation of a massive fraud at Satyam, two independent auditors from PricewaterhouseCoopers, who maintain their innocence, remain in prison.
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Obama’s Plan on Corporate Taxes Unnerves the Indian Outsourcing Industry
Posted: May 5th, 2009, 11:54pm EDT by By HEATHER TIMMONS
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Some in India fear that the White House is taking aim at curbing the country’s outsourcing industry.
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Possible Attempt to Kill Indian Tycoon Investigated
Posted: April 29th, 2009, 11:46am EDT by By HEATHER TIMMONS
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A mechanic was found dead on railroad tracks in India after he reported that someone had tampered with the helicopter of Anil Ambani, the chairman of the Reliance ADA Group.
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Report Details Broad Scope of Fraud at Satyam
Posted: April 22nd, 2009, 6:07am EDT by By HEATHER TIMMONS
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Details of the investigation could bolster a string of class-action suits pending against Satyam managers and auditors.
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Indian Group Wins Big Stake in Outsourcing Company
Posted: April 14th, 2009, 1:38am EDT by By HEATHER TIMMONS
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A joint venture is poised to become an outsourcing giant after submitting the top bid for Satyam, which values the company at $1.2 billion.
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India Charges 9 After Inquiry of Outsourcing Company
Posted: April 8th, 2009, 1:50am EDT by By HEATHER TIMMONS
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Six employees of Satyam Computer Services, two auditors from PricewaterhouseCoopers and an outside adviser were charged with forgery and fraud.
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India Charges 9 After Inquiry of Outsourcing Company
Posted: April 8th, 2009, 1:50am EDT by By HEATHER TIMMONS
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Six employees of Satyam Computer Services, two auditors from PricewaterhouseCoopers and an outside adviser were charged with forgery and fraud.
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Satyam Officers Had Help in Fraud, Investigators Told
Posted: April 6th, 2009, 11:24am EDT by By HEATHER TIMMONS
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Top executives apparently tapped a big team in the company’s finance department to help them commit the multibillion-dollar fraud that left the outsourcing giant struggling for survival.
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Paper or Plastic? At a Trade Show, the Latter Wins Easily
Posted: February 17th, 2009, 1:15am EST by By HEATHER TIMMONS
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New Delhi has passed a preliminary ban imposing jail or fines on those caught carrying plastic bags. That did not stop 67,000 plastics professionals from convening there last week.
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Indian Executive Is Said to Have Siphoned Cash
Posted: January 18th, 2009, 12:07am EST by By HEATHER TIMMONS
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The founder of Satyam is said to have skimmed huge amounts of cash from the company, rather than padding its books as he has claimed.
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Questions About Future of Indian Outsourcing Giant
Posted: January 9th, 2009, 9:21am EST by By HEATHER TIMMONS
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Authorities took over Satyam’s board on Friday, seeking to ensure that clients are not affected and that confidence is restored in the stability of Indian outsourcers.
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In the Land of the Koala, Bailout Bypasses Villages
Posted: September 24th, 2008, 1:41am EDT by By HEATHER TIMMONS
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As politicians devise a bailout plan for banks, an untold number of small institutions from Australia to Norway are watching closely, and usually helplessly.
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Indian Oil Producer Bids for British Rival
Posted: August 26th, 2008, 12:42pm EDT by By HEATHER TIMMONS
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The acquisition of Imperial Energy by ONGC is the second Indian takeover of a British company in as many days.
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On Facebook, an 11-Letter Synonym for Scrabulous Turns Out to Be Wordscraper
Posted: August 4th, 2008, 2:13am EDT by By HEATHER TIMMONS
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People who were addicted to playing Scrabulous on Facebook have migrated by the thousands to Wordscraper.
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Feeling Powerless, India Blames Oil Speculation
Posted: July 23rd, 2008, 12:02am EDT by By HEATHER TIMMONS
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India’s finance minister, Palaniappan Chidambaram, said speculation in the market was a greater factor in rising oil prices than offer and demand alone.
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India Offers 8 Ideals on a Climate Change Policy, but Few Details
Posted: July 1st, 2008, 12:42am EDT by By HEATHER TIMMONS
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How much the Indian government will spend on these goals, who will run the efforts and how they will be evaluated was unclear.
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A Hedge Fund and Its Nonprofit Twin
Posted: June 26th, 2008, 12:09am EDT by By HEATHER TIMMONS
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With the Children’s Investment Fund and it’s affiliated charity, Christopher Cooper-Hohn and his wife, Jamie, follow a simple economic formula: he makes money, and she gives it away.
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Assets Rise at Charity Arm of Major Fund
Posted: June 21st, 2008, 1:12am EDT by By HEATHER TIMMONS
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The funds of the charity arm of TCI, the hedge fund that has been involved in a battle with executives at the transportation company CSX, have more than doubled in its previous fiscal year.
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Indian Media Giant Buys Virgin Radio From Scottish Firm
Posted: June 2nd, 2008, 12:27am EDT by By HEATHER TIMMONS
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While the price tag for the deal is not huge in merger terms, it might be a sign of things to come from India and other emerging markets.
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$50 Billion Telecom Deal Falls Apart
Posted: May 24th, 2008, 4:05am EDT by By HEATHER TIMMONS
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The world’s largest corporate deal in an emerging market, a tie-up worth nearly $50 billion between two telecommunication companies, came to a screeching halt.
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Indians Find U.S. at Fault in Food Cost
Posted: May 14th, 2008, 6:51pm EDT by By HEATHER TIMMONS
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Instead of blaming India and others for the rise in food prices, Americans should rethink their energy policy — and stop eating so much, say a growing number of Indians.
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Leading Indian Telecom Seeking Deal in South Africa
Posted: May 6th, 2008, 2:00am EDT by By HEATHER TIMMONS
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The deal, which could be worth more than $40 billion in its entirety, is the latest international foray by an Indian company. -
Some Banks Rethink Investments as Money Tightens
Posted: April 21st, 2008, 3:50pm EDT by By HEATHER TIMMONS
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As Bank of America considers lowering its 9 percent stake in China Construction Bank, other bankers are starting to ask whether suffering Western banks will be forced to sell their Asian assets. -
As Olympic Torch Is Passed, Tibet Protesters Aim for Disruption
Posted: March 28th, 2008, 8:46pm EDT by By HEATHER TIMMONS
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The disruption of a Chinese official’s address in Greece was just the beginning of a string of protests planned to coincide with the torch’s trip around the globe. -
Ford Sells Land Rover and Jaguar to Tata
Posted: March 26th, 2008, 2:59pm EDT by By HEATHER TIMMONS
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The $2.3 billion purchase price is more than the market expected but still about half what Ford originally paid for the luxury brands several years ago. -
Ford Nears Sale of Jaguar and Land Rover
Posted: March 25th, 2008, 12:41am EDT by By HEATHER TIMMONS
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The two car companies are expected to announce that Tata is buying Jaguar and Land Rover from Ford for about $2 billion, a person briefed on the negotiations said.
