Breaking News Global black tea production drops - Fri, 10 Feb 2012 07:00:33 GMT
The global black tea production has dropped 1.31% in 2011, compared to the previous year, according to the data available with Global Tea Brokers, the international tea consultants & authorized auctioneers of Tea Board of India.
India's Fortis Healthcare to add 600 new beds in 6 mths - Fri, 10 Feb 2012 06:49:09 GMT
Hospitals chain Fortis Healthcare (India) Ltd plans to add 600 beds over the next six months in the country, its chief executive for Indian business, Aditya Vij said.
India's December Industrial Output Growth Slows Sharply - Fri, 10 Feb 2012 06:38:37 GMT
Indian industrial production growth slowed sharply in December, its slowest pace in two months, adding to pressure on the central bank to start cutting interest rates to help stimulate an economy that is headed for its slowest growth in three years.
Tata Steel: To Raise India Capacity By 1 Million Tons In 2012-13 - Fri, 10 Feb 2012 06:13:27 GMT
Tata Steel Ltd. (500470.BY) plans to add 1.0 million metric tons of production capacity to its only Indian plant in the eastern town of Jamshedpur in the next financial year beginning April 1, a company executive said Friday.
India's REC opts for currency risk to save on coupon - Fri, 10 Feb 2012 06:00:53 GMT
India's Rural Electrification Corp is choosing to take on currency exposure of around US$28m a year to save some 170bp on the coupon rate on a rupee bond.
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