Reader response: Chidambaram is walking the talk

The government is looking to reform business and visa approvals and raise a significant amount in tax revenue which economists are warning will be difficult to achieve.

India’s finance minister told FinanceAsia he would pursue a responsible budget. He hasn’t.

IndiaÆs stock markets scale new high of 10,370 on increased liquidity post 2006-07 Budget announcements.

The mobile operator has made its IPO debut on both the National Stock Exchange and Bombay Stock Exchange.

Shell’s $1.8bn sale of Sprng Energy to a BlackRock-backed Aditya Birla unit highlights a growing strategic divergence as European majors recycle capital while Asian conglomerates aggressively scale their clean energy portfolios.

The bank is investing in private equity fund HDFC Capital Advisors, and follows an investment in another Indian PE firm.