Tanda Srinivas was lounging in the yard of his two-room house in the southern Indian village of Mondrai shortly after noon on Oct. 28 when his wife, Shobha, burst out of the door covered in flames and screaming for help.
India’s Andhra Pradesh state introduced its first solar-energy policy, offering tax benefits to projects and exemptions from power-transmission fees as the local government seeks investment to curb electricity shortages.
Andhra Pradesh Paper Mills Ltd . surged by the daily limit in Mumbai, sparking a rally in its domestic rivals, after International Paper Co. agreed to pay more than twice the market price to buy the Indian company.
India’s lower house moved to create a new state in the south to resolve a 50-year dispute, risking unrest where Google Inc. and Microsoft Corp. have their offices as the ruling Congress Party seeks votes before elections.