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Jaiprakash Associates Founders to Challenge SEBI Order

The founders of engineering and construction firm Jaiprakash Associates said they would challenge an order by the Securities and Exchange Board of India (SEBI), India's capital market regulator, penalising them on insider trading charges.
Virginia Wine

Virginia Wine Tourism to Boom in 2012

Virginia is the Old Dominion and the Mother of Presidents - a state known for its historic battlefields, rolling hills, and politically-minded Washington commuters. But in the last two decades, the state has grown a reputation for something altogether different: fine wine.
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China is Right to Ban Trash TV

The worst, most vulgar aspects of American pop culture are spilling across the globe – even in distant, alien lands like China and India.
Tata Nano

Nano Failed to Grab Early Opportunity: Ratan Tata

The Nano is not a flop, its creator Ratan Tata said on Thursday, but he acknowledged that his Tata Motors failed to capitalise on the early excitement surrounding the launch of the world's cheapest car.
Iran Ramps Up Gulf Tension, Global Economies on Alert

Oil Price Hovers Near $103; EU Agrees to Iran Embargo

The price of oil has been rising due to mounting tensions between Iran and the United States and other western countries. On Wednesday the pressure on Iran continued to ratchet up, as European Union governments agreed on to ban imports of Iranian oil.
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Virat Kohli Fined for Finger Gesture

Indian cricketer Virat Kohli will be fined 50 percent of his match fee, for a finger gesture made to the crowd on the second day of the second Test match against Australia.
Nissan

India’s Car Sales Expected to Pick Up

A slowdown in car sales in India is seen as a passing phase and automakers expect demand to pick up once high interest rates start easing and growth in Asia's third-largest economy bounces back.
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Ten Surprises for 2012: Blackstone

Byron Wien, vice chairman at Blackstone Advisory Partners issued his list of surprises for 2012 on Wednesday. The tradition of giving his views on a series of economic, financial market and political surprises for the coming year started in 1986.
Iran Ramps Up Gulf Tension, Global Economies on Alert

EU Agrees to Iran Oil Embargo; Joins U.S. Sanctions

The EU governments in the 27-nation bloc agreed on the Iranian oil embargo, but now need to plan a timetable for implementing the move. France has suggested a date for beginning the embargo is set at a scheduled Jan. 30 meeting of the EU foreign ministers.
Aishwarya Rai, Abhishek Bachchan's 5 Years of Togetherness

Aishwarya Rai Baby Name: Bollywood Actress' Friends Hint at 'Beti B' Naming Ceremony

Aishwarya Rai and Abhishek Bachchan still haven't given their daughter (known as 'Beti B') a naming ceremony, but friends have revealed that a name has been chosen, describing it as short and sweet, starting with the letters Aa, and chosen by Bachchan's father. Here, find out why Rai's baby hasn't yet had a naming ceremony, and get all the details on the baby name to come.
Super Pit gold mine

Gold Price Rises in Big 2-Day Rally

Gold was set for its strongest two-day rally in 2-1/2 months on Wednesday after an agreement in principle among European leaders to ban Iranian oil imports boosted the crude price and catapulted bullion to two-week highs.
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India Mandates 'Hallmarking' of Gold Jewelry

India has made hallmarking gold jewelery mandatory, a senior government minister said on Wednesday, a move that could boost demand in the world's biggest gold market by taking care of quality worries.
Gold jewelry

Gold Prices in India Rise Modestly

Gold demand in India, the world's top consumer of the metal, was moderate on Wednesday as some jewellers chose to restock despite a price rise, dealers said Wednesday.

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