The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle SA to Colgate-Palmolive Co. will pursue more deals in a nation where household income is forecast to triple this decade.
United Spirits Ltd. surged by a record in Mumbai trading after Diageo Plc said it will buy a controlling stake in India’s largest distiller for $2.04 billion.
It’s the retail revolution that wasn’t.
Jet Airways (India) Ltd. may trump Kingfisher Airlines Ltd. in the race for funds from Etihad Airways PJSC, hindering the grounded rival’s efforts to win investment to help restart flights.
Coca-Cola Co. is spicing up its struggle with PepsiCo Inc. for dominance in India, the company’s fastest growing major market.
Indian stocks dropped the most in four months on concern rising oil prices will spur inflation and widen the nation’s trade deficit. The rupee weakened to a four- week low and bonds declined.
"We may get a rate cut next month because of the slump in global commodity and oil prices but the market is not getting the confidence because the rout has raised questions on global growth."
- Arun Kejriwal on Jan 13, 2015