Smash Hit

Investment: a tale of two countries

As India buys up reserves of gold, America's tycoon investor makes a bet on a different natural resource - coal - Carl Mortished

India’s $6.7bn taste for gold sends price soaring

The gold price has been rising in recent months as countries and investors seek an alternative to the weakening US dollar

Indian officials accused of mobile scam

Investigators found licences had been granted in 2007 to ‘friendly companies’ at implausibly low prices set in 2001

Tata rules out Nano recall despite fires

Carmaker denies world's cheapest car caught fire and says short circuit in switch is probable cause of 'smoking'

Nanos catch fire after fault in steering column

Tata faces a blaze of unwanted publicity after three separate drivers see the world's cheapest car go up in flames

Flotation plan poses question of exploitation

Indian IPO from SKS Microfinance has raised fears that what began as empowerment for poor is being corrupted by greed

India on edge as battling brothers go to court

Such is their wealth and influence that some fear their feuding poses a threat to the country’s prosperity

Mothercare to take care of India’s babies

Retailer will own 30 per cent of joint venture with Indian property company DLF Brands, with plans to open 200 stores

Mobile link for India and South Africa is off

SA Government blocks deal to create giant with $20 billion in annual revenues, drawn from India, Africa and Middle East

Time up for Indian mobile group merger talks

Negotiations have been ongoing since May, when talks were revived, with discussions originally set to end on July 31

‘Nano flats’ offer India’s poor a slum escape

A new building boom is set to give rise to a slew of ultra-cheap apartments and a fresh incarnation of sub-prime lending

Towering above the Indian poverty, a $2bn home

The structure will have about 400,000 sq ft of interior space and will require about 600 servants to run it

India plays hardball on trade with China

Hopes that the Doha Round might be revived are being punctured by bitter wrangles over Chinese toys and Chinese tyres

India’s electric cars spark GM's interest

The arrangement would be the first such tie-up for the American car company since it emerged from bankruptcy

Jet Airways boss says pilots 'like terrorists'

Naresh Goyal, chairman, hits out after thousands of passengers are left stranded in pilot protest over sackings

Indian tax reform may deter investors

Sweeping redraft would simplify laws, while attempting to make them more effective from revenue-raising perspective

India’s farmers to protest at Delhi trade talks

The same Indian farmers whose plight helped scupper the previous discussions have promised to turn out in force again

Black gold is gushing in the Indian desert

Cairn Energy has spent $2bn developing the fields since the discovery and expects to spend another $2.5bn by 2011

Corruption and drought threaten Indian economy

Tropical downpours usually account for about 80 per cent of India’s annual rainfall but the rains were 46 per cent down