Business News

Tata Motors says state offers home for Nano Posted: 18 Sep 2008 02:51 AM CDT KOLKATA (Reuters) - Tata Motors Ltd said on Thursday the southern state of Karnataka had offered land for a plant for its Nano car after the firm was forced to suspend work in West Bengal due to violent protests.

India to review print media ownership rules - govt Posted: 18 Sep 2008 02:48 AM CDT NEW DELHI (Reuters) - India's cabinet on Thursday approved review of print media ownership rules but foreign direct investment will be kept at 26 percent, Information and Broadcasting Minister Priyaranjan Dasmunsi told reporters.

Nikkei at 3-yr closing low, hit by global credit fears Posted: 18 Sep 2008 02:45 AM CDT By Aiko Hayashi

Govt ready to take more steps for easy cash - Chidambaram Posted: 18 Sep 2008 02:38 AM CDT MUMBAI (Reuters) - India's Finance Minister Palaniappan Chidambaram said on Thursday more steps would be taken to provide liquidity if cash conditions were tight, adding global turmoil would partly impact credit availability in India.

Lloyds seals 12 bln stg all-share deal for HBOS Posted: 18 Sep 2008 02:32 AM CDT By Steve Slater

Lloyds CEO says HBOS deal not "shotgun marriage" Posted: 18 Sep 2008 02:19 AM CDT LONDON (Reuters) - Lloyds TSB's takeover of UK rival HBOS was not a shotgun marriage or a government brokered rescue of its rival, and the banks have been in talks for several weeks, Lloyds' chief executive said.

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