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Reuters India



Geithner to urge bigger EFSF - sources - Reuters India
"He will probably tell Germany to give up its resistance to an increase in the size of the EFSF," one EU official, who asked not to be named, said. A second, senior EU source, confirmed Geithner was likely to call for a bigger EFSF. ...
September 14, 2011


Murdoch's London lawyers study new UK bribery law - Reuters India
The second source briefed on the matter said some senior executives on News International's editorial staff had already been contacted by the lawyers about the bribery issue. A representative for News International declined to comment. ...
September 8, 2011


RIL hires Rothschild banker as M&A head - sources - Reuters India
MUMBAI (Reuters) - Reliance Industries, India's largest listed firm, has hired a senior banker from Rothschild in India to head its in-house acquisition team, sources said on Wednesday, as the energy major looks to bolster its presence in key ...
September 7, 2011


US regulator sues major banks over mortgages - Reuters India
The question of whether to take action for problems related to the mortgage bonds has been under discussion since Fannie Mae and Freddie Mac were placed in conservatorship in 2008, a person familiar with the matter said. While the ultimate amount FHFA ...
September 2, 2011


INSIGHT - Murdoch's tough guy Carlucci under pressure - Reuters India
"Paul is a tough businessman, but he's no different than any other guy who has made a ton of money," said a longtime friend of Carlucci's who asked to remain anonymous because of their relationship. Just because he screens scenes from "The ...
September 2, 2011


Greece says recovers stolen Rubens painting - Reuters India
"It's a huge success that we have recovered this valuable painting," said a police official who requested anonymity. "Culture Ministry experts who have examined it confirm its authenticity." Greek authorities would give no further details and said they ...
September 1, 2011


Bankers may lose big if AT&T deal collapses - Reuters India
"Obviously no one is going to say they are now afraid that their own deal is at risk, but everyone is going to have to revisit their antitrust arguments and make sure they are tight," said one investment banker, who declined to be named. ...
September 1, 2011


Graft crisis may hand India "Eureka" moment on reform - Reuters India
Some positive things must happen now otherwise it will be a disaster," said a finance ministry adviser, who asked to remain anonymous. The last week of parliament will see investor eyes on whether Congress pushes through reforms, with only a week of ...
August 29, 2011


US, India hail Sri Lanka's removal of wartime laws - Reuters India
So I don't see any freedom for us in this open military prison," a Jaffna resident told Reuters on condition of anonymity, for fear of angering pro-government elements. Rajapaksa has promised political reconciliation, but progress has been slow. ...
August 26, 2011


Cerberus seeks lower price on Innkeepers: sources - Reuters India
The sources requested anonymity because they are not authorized to discuss negotiations. A spokesman for Chatham declined to comment, while a representative for Cerberus did not return a voice message Wednesday. Cerberus and Chatham won the hotels in a ...
August 24, 2011


India plans to encourage gold refining - govt official - Reuters India
KOVALAM (Reuters) - India plans to encourage refining of locally made coins and bars for traders and investors of precious metals, a government official said, a move that could reduce shipments from overseas sellers. ...
August 20, 2011


US probes S&P, Moody's over financial crisis - sources - Reuters India
The investigation -- which the source said relates to what S&P analysts wanted to do and what they were told to do instead -- began before the ratings firm, downgraded the long-term US debt to AA-plus from a AAA rating this month. ...
August 19, 2011


China boosts security in Xinjiang after attacks - Reuters India
"The situation is a little tense now," said a Uighur resident, who declined to be identified, adding that checks by security forces had been introduced after the attacks began on Saturday night. "They are checking for identification and to see whether ...
August 2, 2011


UBS reviews New York moving plans as cost cuts bite - Reuters India
"This wasn't about not being able to come to an agreement on a price," said one of the sources, who were not authorized to speak on the record. "The explanation is about earnings." "This was due to uncertainty over (UBS's) contraction and by how much," ...
July 30, 2011


Some deals on hold as US debt cliffhanger unfolds - Reuters India
"Everyone is busy working on deals, but there's unlikely to be much coming to completion in the next few days until there's more clarity," said a consumer products investment banker, who was not authorized to speak on the record. ...
July 29, 2011


Assad under pressure from Qatar embassy closure, EU - Reuters India
One resident of Homs, a lawyer who did not want to be identified, said tribal members in the Khaldieh area had responded to attacks by Alawite militiamen from the Nozha area on their shops by killing several of the gunmen. "The Christians are staying ...
July 18, 2011


Indonesia's Mount Lokon erupts, thousands take refuge - Reuters India
JAKARTA (Reuters) - Indonesia's Mount Lokon erupted to spew hot lava and volcanic ash as high as 1500 metres (5000 feet) in the north of Sulawesi island, prompting panicked residents to flee the agricultural area, a government official said on Friday. ...
July 15, 2011


EXCLUSIVE - Rating agencies OK with Greek plan - sources - Reuters India
That proposal is being discussed in Germany, too, and sources close to the talks said details such as the volume of any rollover and the coupon payments of new bonds need to be finalised. Brussels is insisting banks and insurers take part in the ...
June 29, 2011


EXCLUSIVE - US, Swiss at impasse on tax dodge accord -sources - Reuters India
... Renzo Gadola, is a former UBS private banker who left the bank to form RG Investment Partners, an investment advisory firm in Zurich, and who worked closely with a former top UBS banker, Martin Lack, according to two people briefed on the matter. ...
June 29, 2011


'Hacktivists' make noise on US government websites - Reuters India
We're looking at it across the board," said a US official who spoke on condition of anonymity. Far more serious are recent hackings at Google, Lockheed Martin Corp and the International Monetary Fund, in which analysts say professional hackers may have ...
June 16, 2011


SPECIAL REPORT - US government in cyber fight but can't keep up - Reuters India
A mere 12 months later, would-be hackers can readily find digital tool kits for building Stuxnet-like weapons on the Internet, according to a private-sector expert who requested anonymity. "We're much better off (technologically) than we were a few ...
June 16, 2011


Bahrain starts trial of 22 more over protests - Reuters India
"This is revenge, pure and simple," said one opposition figure, who declined to be named. The government says the numbers on trial are far fewer than the opposition estimates, and that the number of those facing charges compared to the thousands who ...
June 14, 2011


Prada IPO five times subscribed - source - Reuters India
The source declined to be identified as the information is not public. A Prada spokesman declined to comment. Strong demand for Prada's initial public offering comes at a time when investors have balked at some recent Hong Kong offers amid choppy stock ...
June 12, 2011


Helicopters open fire to disperse Syrian protesters - Reuters India
"When the massacre happened in Jisr al-Shughour the army split, or they started fighting each other and blamed it on us," a woman refugee, who refused to give her name, told Turkish news channel NTV. Bassam, a tile layer, said: "Tanks are now one ...
June 12, 2011


Investigative journalist shot dead in Mumbai - Reuters India
Jyotirmoy Dey, 50, was killed at 2:30 pm at his home in the city's Powai district, and the gunmen escaped on motorcycles, said the official, who did not wish to be identified. Dey led a team of crime and investigative reporters at the Mid Day newspaper ...
June 11, 2011


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