There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......
Oil prices rose on Friday to their highest levels since the start of the Iraq war on fears an extended conflict would exacerbate fuel shortages, while Asian shares dipped as a deadly virus hit......
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march. Illustration: Uttam Ghosh/Rediff.com Foreign banks are......
Japan's Mitsubishi Tokyo Financial Group and UFJ Holdings said on Thursday that they have clinched a deal to create the world's largest bank by October 1, 2005.The merged entity -- Mitsubishi UFJ......
Japanese auto major Nissan Motor Co on Thursday announced plans to acquire 34 per cent stake in beleaguered compatriot Mitsubishi Motors Corporation for 237 billion yen (over $2 billion). Nissan......