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Saturday
Oct 11

India

India's TCS buys Citigroup unit

New Delhi -- India's Tata Consultancy Services will buy Citigroup Inc.'s back-office operations in India in a deal valued at $505 million, it was announced.

Steven Spielberg creating new movie studio

Busan, India -- U.S. movie director Steven Spielberg has signed a deal with an Indian film group to create a new studio, sources say
Unidentified sources in Los Angeles said Spielberg and Reliance Big Entertainment were finalizing an agreement potentially worth up to $1.5 billion to create the new Hollywood studio, the Times of India reported Saturday.

Bollywood strike ends

Mumbai -- The work stoppage that forced dozens of Bollywood productions to halt has ended, the Federation of Western India Cine Employees said.

Bollywood goes on strike

Mumbai -- Nearly 150,000 workers in India's Bollywood film and television industry reportedly have gone on strike, forcing about 40 productions to grind to a halt.

'Potter' similarity delays movie's release

New Delhi -- Release of the movie "Hari Puttar" has been delayed by an Indian court hearing a lawsuit charging the name is too similar to that of the "Harry Potter" films.

High-Growth Stocks in India

You've heard the hype: India is growing ... fast.

But who is really putting their money where their mouth is? More important, where is it going?

Kenneth Fisher and Jean-Marie Eveillard are just some of the legendary names getting a piece of the action. Need proof? Peer into Fisher's investment into ICICI Bank (NYSE: IBN).

While my own perspective may be biased (I've spent a great deal of time in India and like its prospects), you can't ignore the millions these gurus have invested.

Farmers turn Tata Motors to new options

Kolkata, India -- Tata Motors said it is considering new sites for production of the Nano – billed as the world's cheapest car – after violent protests in West Bengal, India.

Warners sues over 'Hari Puttar' film

Mumbai -- The makers of a Indian movie called "Hari Puttar" say their film has nothing to do with the "Harry Potter" series but Warner Bros. has filed a lawsuit anyway.

Report: India's children going hungry

Saraiya, India -- A U.N. report suggests nearly half of young children in India are malnourished, a percentage surpassed only by Bangladesh and Nepal.

Indian exporters to lose interest subsidy

New Delhi -- Indian exporters may soon lose a government interest subsidy to offset the rupee's appreciation as the currency is in a decline.

India moves to commercialize rat meat

New Delhi -- Indian officials say they are working on a deal with the poor rat hunters in the state of Bihar to commercialize the sale of rat meat as a delicacy.

India inflation over 12 percent

New Delhi -- India's wholesale inflation rose more than 12 percent in the week ended July 26, the highest in over a decade, putting more pressure on the country's growth.

India ready to return to WTO talks, report

New Delhi -- India's commerce minister says his country is ready to return to world trade talks on the Doha round but won't compromise on issues affecting its farmers.

Scrabble-like game gets new name, look

Kolkata, India -- The Kolkata, India, creators of an Internet game pulled due to similarities to Hasbro's Scrabble have replaced it with a similar program, players say.

5-Star Stocks Poised to Pop: ArcelorMittal
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