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BRICS to fight erosion of tax base

BRICS to fight erosion of tax base

The five nations including India, China and Russia pledge to counter "abusive tax avoidance transactions".

Boeing should pay compensation

Boeing should pay compensation

India's Civil Aviation Minster says Boeing are liable to pay compensation to Air India due to 'Dreamliner' fault.

China to invest $103 bn in railways

China to invest $103 bn in railways

The Chinese Minister of Railways, Sheng Guangzu announces that 5200 km of new railway would go into operation this year.

Alcatel-Lucent wins $1 billion contract

Alcatel-Lucent wins $1 billion contract

India’s RCom today awarded a $1 billion contract to telecom equipment maker Alcatel-Lucent.

Gazprom’s sales expected to slump in Europe

Gazprom’s sales expected to slump in Europe

Gas giant Gazprom are likely to see sales fall further in 2013 says Fitch Ratings agency.

China real estate group posts massive profits

China real estate group posts massive profits

Poly Real Estate Group profits increase to 8.41 billion yuan in 2012.

RBI to cut interest rates

RBI to cut interest rates

The Reserve Bank of India (RBI) is set to reduce interest rates says Credit Suisse research report.

China’s Alibaba announces critical revamp

China’s Alibaba announces critical revamp

China's largest e-commerce company has announced a major reorganisation to help reach higher levels of efficiency.

Indian IT giant sees shares rally as profits rise

Indian IT giant sees shares rally as profits rise

Shares of Infosys rise by 17 per cent after quarterly profits reached $434 million.

Russia to enter Greece’s gas market

Russia to enter Greece’s gas market

Oil giant Gazprom and energy fim Sintez Group bid for Greece's state-owned gas provider DEPA.