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Business Top Pick

India in second place in Forbes Asia’s “Best Under A Billion” list

Indian animated movie maker Compact Disc India and software company Micro Technologies continue to members of Forbes Asia's "Best Under A Billion" list, even as 151 new companies have made their maiden appearance on the list this year.




Thai Indian entrepreneur’s wealth soars by 252 percent

The ongoing political turmoil in Thailand has apparently not prevented the kingdom’s richest people from getting richer.The biggest gainer in percentage terms is longtime Thai Indian resident Aloke Lohia. His wealth soared by 252 percent when he took his integrated polyester company, Indorama Ventures, public earlier this year.




India’s GDP grew 8.8 percent in April-June quarter: Pranab Mukherjee

Finance Minister Pranab Mukherjee on Tuesday expressing confidence said the Indian economy has grown at a three-year-best, and has risen 8.8 percent in the April-June quarter due to an upswing in the manufacturing sector and a better farm output.




India’s cocoa export to international market increasing

By S. Jaykumar

India’s exports of cocoa to the international market have reached 60 to 70 percent of the total output.




Asian economies more resilient during global crisis than expected: ADB

Asia has shown more resilience than initially expected to the global financial crisis, with major economies posting solid growth, even as demand for exports from the US and Europe slumped, says a new report from the Asian Development Bank (ADB).




NDTV says in talks for its lifestyle business

NDTV has revealed that it is in talks for a “strategic alliance” for its lifestyle business.




China’s e-commerce volume surged to 2.25t Yuan in first half of 2010

A China e-Business Research Center report has revealed that the nation’s e-commerce sales volume surged by 60 percent in the first half of the year to 2.25 trillion Yuan.




ONGC has not shared concerns on Cairn-Vedanta, says Petroleum Secretary

Petroleum Secretary S Sundareshan on Tuesday said that the state-run Oil and Natural Gas Corporation (ONGC) has not yet raised any concerns on the Cairn India (CAIL)-Vedanta Resources (VED) deal.




Indian businessmen target Blackburn Rovers takeover

Two Indian billionaires are attempting to takeover English Premier League club Blackburn Rovers, just as the club marks the 10th anniversary of owner Jack Walker's death today.




Cairn Energy set to earn windfall from sale of business in India

Cairn Energy was last night in the final stages of talks to sell part of its holding in its Indian offshoot to mining group Vedanta Resources.