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Reliance shares recover ahead of MTN update
Reliance Communications staged a sharp recovery on India’s stock markets as investors readied for a possible announcement over the weekend or early next week on the future of the group’s planned tie-up with MTN
Enfield takes shot at boost to exports
Eicher Motors, the Indian owners of the world’s oldest surviving motorcycle company, has niche ambitions for the classic marque, which enjoys strong demand abroad
Court battle looms in Reliance dispute
Reliance Industries said it had taken the first formal step towards enforcing a claimed right of first refusal on the sale of shares in Indian mobile operator Reliance Communications to MTN
DLF underlines India’s woes
If investors in India’s beleaguered stock exchange were looking for a sign of the times, they were provided with one this week by DLF, the country’s biggest publicly listed developer
Bollywood actors plan to cash in on revenues
The huge growth in revenues from Bollywood blockbusters is matched only by the wage demands of Indian film stars, according to the Indian Film Company
UK rises to India’s largest foreign investor
Indirect deals made by British companies through Mauritius, the British Virgin Islands and Cyprus push investments to more than £8bn, outstripping those from the US
China, Russia and India lift company profiles
The surging economies of China, Russia and India have the fastest-growing presence in the FT500 list of the world’s most important companies, which is published on Saturday
Tesco denies allegations of worker neglect
A charity says it has found workers at a Bangalore factory producing clothes for the retailer being paid ‘half a living wage’ and enduring compulsory overtime and threats
Eros celebrates Hindi film hit
The Bollywood filmmaker and distributor listed in London has recorded a 47% increase in pre-tax profits after reaping the benefits of acquisitions in its domestic markets
Idea to buy rival for up to $800m
India’s fifth largest mobile operator will consolidate Spice Communications as it seeks to catch up with groups that dominate the country’s mobile telecoms market
