In comparison, Indian companies received only 23 out of 139 final approvals (16.54 per cent) in the corresponding period in 2006.

Some real estate companies were using this route to raise funds. Given the stringent conditions for ECBs, these companies would now find it difficult to raise funds.

The dominance of retired bureaucrats in the field of power regulation is an undeniable fact.

Reliance comm results keep telecom flag flying, FMCG majors slip.

World oil prices fell on Monday on profit-taking after sharp gains last week following news of a possible terrorist plot in key crude producer Saudi Arabia, dealers said. In London, the price of Brent North Sea crude for June delivery

The Gulf state of Kuwait has made significant oil and gas discovery in a new oilfield in the north of the country, Oil Minister Sheikh Ali Jarrah al-Sabah announced Monday. "Initial tests indicate the presence of large quantities of light

The World Bank Group has appointed veteran economist and private sector specialist Demba Ba as the new Country Manager for Lebanon. Daniela Gressani, the World Bank Vice President for the Middle East and North Africa, announced that the appointment will

The United Nations Development Program launched the ART GOLD Lebanon project on Monday to boost economic development in the capital's southern suburbs, but local leaders registered doubts about the long-term viability of the program in an area they described as

An environmental rating system for buildings in the UAE will follow the USA Green Building Council's Leadership in Energy and Environmental Design (LEED) model. The details of the much-awaited rating... Continue to the full story at www.dubaichronicle.com

The Securities and Exchange Board of India has made IPO grading mandatory and the new norm will come into effect from May 1.

Expressing its 'concern' over the Indian Army's 'declining' share in the defence budget, a parliamentary panel has called for measures to correct this so that modernisation does not suffer.

UTI Bank, the country's third largest private lender, on Monday said the board of directors have approved a proposal to change its name to Axis Bank.

The Norwegian government has intervened in the high-profile case filed by Novartis against Indian patent laws by asking the drug company to withdraw the litigation.

Krishnan, who already controls 46.5 per cent stake in Malaysia's largest mobile firm Maxis Communications, would launch a takeover offer for the remaining shares by May 3, said a regulatory filing on Kuala Lumpur Stock Exchange.

The government came in for a scathing attack in the Lok Sabha on Monday from friends and foes alike over handling of the economy.

Prudential, the leading international financial services company, would hire at least 10,000 new staff in India this year for its joint venture insurance operation.

Zee Group's direct-to-home arm Dish TV said on Monday its promoters would infuse up to Rs 750 crore (Rs 7.5 billion) into the company by subscribing to preference shares.

US-led coalition troops killed more than 130 Taliban fighters in Afghanistan over the past several days, the coalition said on Monday, but thousands of Afghans staged a protest saying the victims were civilians.

Megasoft Limited (BSE CODE NO: 532408), a transnational Intellectual Property-driven, product-based technology company, today announced financial results for the first quarter ending March 31, 2007, with both revenue and net profit exceeding the company's guidance. Megasoft follows the January -

The list is based on market / societal trends (expected to transform people's lives) and also on emerging technologies from IBM's Labs around the world that could make these innovations possible.