India & Pakistan News
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DPJ Lawmakers Urge Kan to Focus on Growth, Push Bank of Japan on Deflation
Lawmakers from Japan’s ruling party pressed Prime Minister Naoto Kan to shift the focus of his economic policy to growth from fiscal restraint and urge the central bank to do more to tackle deflation.
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Vedanta, Defying `Avatar' Protest, Seeks to Mine Orissa Bauxite This Year
Vedanta Resources Plc , battling criticism from environmental groups and some shareholders over plans to extract bauxite in India’s Niyamgiri mountains, said it may begin mining at the site as early as the end of the year.
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Punjab National Bank Raises 14.25 Billion Rupees Selling Short-Term Notes
Punjab National Bank Ltd. , India’s second-largest government-controlled bank by market value, sold 14.25 billion rupees ($307 million) of short-term notes, according to a person familiar with the matter.
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Hindustan Construction to Raise $431 Million in Lavasa Initial Share Sale
Hindustan Construction Ltd. plans to raise as much as 20 billion rupees ($431 million) selling shares in unit Lavasa Corp.
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