Tony Munroe

Starbucks to enter India, targets 50 outlets by year-end

MUMBAI (Reuters) - Starbucks Corp <SBUX.O> will open its first coffee shops in India in August or September, a year later than originally planned, and aims to have 50 outlets by year-end through a tie-up with the Tata group, the country's biggest business house.
 

Global search for Tata chairman ends close to home

MUMBAI (Reuters) - The next chairman of India's venerable salt-to-software conglomerate Tata Group will be an insider and a family member by marriage.
 

UBS India head resigns; Kamat named new CEO: memo

MUMBAI (Reuters) - The head of India operations at UBS AG <UBSN.VX>, Manisha Girotra, has resigned, according to an internal memo, the latest high-profile exit from the Swiss bank in the world's second-fastest growing major country.
 

Insight: Reliance chases retail fix as Wal-Mart looms

MUMBAI (Reuters) - Five years after making a grand foray into retail, Mukesh Ambani's Reliance Industries is nowhere close to the scale he had hoped his company, India's largest listed group, would achieve in a fragmented and fast-growing industry.
 

Insight: Reliance chases retail fix as Wal-Mart looms

MUMBAI (Reuters) - Five years after making a grand foray into retail, Mukesh Ambani's Reliance Industries is nowhere close to the scale he had hoped his company, India's largest listed group, would achieve in a fragmented and fast-growing industry.
 

Analysis: Good harvest profits not aplenty for India's farmers

MUMBAI (Reuters) - Cotton farmer Ravindra Krishna Patil in India's Maharashtra state should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season.
 

Intel Capital says India tech startup valuations "near-bubble"

MUMBAI (Reuters) - Intel Capital, the investment arm of Intel Corp <INTC.O>, the world's biggest chipmaker, believes valuations of early-stage technology companies in India have reached a "near-bubble" stage, as too much capital chases too few quality opportunities.
 

Upstart gets jump on Amazon in India's nascent e-shopping market

BANGALORE (Reuters) - On some days when they were starting out, the Bansals would get on a motorbike to make the rounds of book warehouses around Bangalore, ride back to their two-bedroom apartment and package up orders for online customers.
 

World's biggest diamond hub suffers hit in Mumbai blasts

(Reuters) - One of this week's deadly Mumbai blasts scattered diamonds, possibly worth millions of dollars, onto the street but has not convinced traders to abandon their hub in the heart of the city for a purpose-built diamond bourse in the suburbs.
 

India PM vows to bring Mumbai bombers to justice

MUMBAI (Reuters) - Indian Prime Minister Manmohan Singh vowed on Thursday to bring to justice those behind triple bomb attacks on India's financial capital Mumbai, and police questioned members of a home-grown Islamist militant group.
 

India sees emerging markets' joint IMF candidate in 2 or 3 days

NEW DELHI (Reuters) - India is talking with other emerging countries to build support behind a common candidate from a developing market to head the International Monetary Fund, with Mexico's central bank chief a possibility, two Indian government sources said on Wednesday.
 

Infosys eyes buys in Europe, Japan, and healthcare sector

BANGALORE (Reuters) - Infosys Technologies Ltd, India's No. 2 software services exporter, is on the hunt for acquisitions in Europe and Japan and in industries including healthcare and public services, its chief executive said on Sunday.
 

Dell revenues in India nearing $2 billion: CEO

NEW DELHI (Reuters) - Dell Inc's annual revenue in India is nearing $2 billion and the world's No. 2 maker of personal computers plans to add more staff in the country, its chief executive said.
 

Goldman India head moving to be Southeast Asia chair: memo

MUMBAI (Reuters) - Goldman Sachs <GS.N> partner Brooks Entwistle, who set up the Wall Street bank's India operations in 2006, will move to Singapore to be its Southeast Asia chairman and head of investment banking for that region, according to an internal memo obtained by Reuters.
 

GE offers help to Japan, defends nuclear power industry

NEW DELHI (Reuters) - The head of General Electric Co <GE.N> offered Japan support on Monday to deal with the country's worst ever nuclear power crisis and at the same time defended the track record of the industry.
 

Reliance ADA says execs examined in telecoms case

NEW DELHI (Reuters) - Indian tycoon Anil Ambani's Reliance ADA Group, which controls No. 2 mobile carrier Reliance Communications, said on Friday authorities had "examined" some of its officials and that it was cooperating.
 

India plans to award fighter deal by March 2012

BANGALORE (Reuters) - India plans to award an $11 billion fighter jet contract by the end of March 2012, its defense minister said, as manufacturers at India's airshow vied to boost their share of a fast-growing military hardware market.
 

RIM says confident of resolving India concerns

NEW DELHI (Reuters) - BlackBerry-maker Research in Motion said on Friday it was confident that India's security concerns could be resolved to their mutual satisfaction, and said it has consistent global standards for lawful access, which do not include "special deals for specific countries."
 

Coal India in talks for Massey, Peabody mines: report

MUMBAI (Reuters) - State-run Coal India <COAL.BO> is in talks to buy mines from U.S.-based Peabody Energy <BTU.N> and Massey Energy <MEE.N>, according to a media report citing the company's chairman.
 

Geithner: Beijing supportive of G20 rebalancing effort

NEW DELHI (Reuters) - U.S. Treasury Secretary Timothy Geithner on Monday said China is supportive of the Group of 20's framework for rebalancing the global economy, and he expects broad consensus on it at a leaders' summit this week.