Tuesday, March 27, 2007

Links for 27/3/07

The financial cost of India’s failure
BBC Online
With cricket-crazy India now out of the first round of the World Cup, the financial fallout is starting to become apparent.

Cairn proposes to pay for India pipeline
The Scotsman
Oil explorer Cairn Energy said on Tuesday its Indian unit would propose to pay the majority of the cost to build a pipeline to transport crude from its Rajasthan fields.

Rise in Indian students helps offset drop in Chinese intake
Financial Times
An increase in students coming to UK universities from India has helped to offset continued falls in numbers from China and Hong Kong.

India's Hutch inquiry may delay Vodafone deal-paper
Reuters
Vodafone Group Plc's deal to buy control of India's Hutchison Essar could be delayed as the government investigates the structure of Hutchison Telecommunication's stake, the Economic Times reported on Tuesday.

India's Reliance lead bidder for Guatemala project, may form Chevron jv
Hemscott
India's Reliance Industries is in the lead in the pre-selection bidding for a 7.73 bln usd greenfield refinery-cum-power project in Guatemala which will have a capacity to refine 360,000 barrels of oil a day, India's Financial Express reported.

Citigroup plans more branches in India
Guardian Unlimited
Citigroup Inc. plans to open more branches and increase its work force in India, Charles Prince, the chairman and chief executive of the New York-based bank, said here Monday.

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