Report: China preparing to let foreign companies list on stock market with international board

October 8th, 2009 KOLKATA - Birla Corp, the flagship company of the MP Birla Group, has been included in the "Best Under a Billion" list by the Forbes Magazine. Altogether 200 companies feature on the list picked up from more than 25,326 publicly listed firms with sales of less than $1 billion in the Asia-Pacific region, a Birla Corp release said Thursday.

September 24th, 2009 WASHINGTON - Reliance Industries (RIL), Bharti Airtel, Infosys Technologies and Tata Consultancy Services are among the 13 Indian companies that have made it to the list of Forbes' 50 Best companies in the Asia-Pacific region. "Our list is a mix of giant, established companies this year which includes Australian miner BHP Billiton, Hong Kong conglomerate Noble Group and Indian oil and gas heavyweight RIL - and smaller outfits such as Agile Property Holdings, Anhui Conch Cement and Digital China Holdings," Forbes Asia said in a statement.

September 19th, 2009 THIRUVANANTHAPURAM - Kerala Food Minister C. Divakaran Saturday said the recommendations of the state governments should be taken into account when the list of people below poverty line (BPL) is prepared.

September 1st, 2009 URUMQI - China is planning to include four mountain lakes in the country's northwest on the World Heritage List, an expert said Tuesday. The lakes will be entered as a single unit on the list.

August 26th, 2009 Canada's Eldorado agrees to buy rest of Sino GoldVANCOUVER, British Columbia — Canada's Eldorado Gold Corp. said Wednesday it has agreed to swap about $1.8 billion in stock for all remaining shares of Australia's Sino Gold Mining Ltd., one of the largest gold mining groups in China.

August 15th, 2009 Summary: WTO rules on China, but piracy persistsWHAT HAPPENED? A World Trade Organization panel on Wednesday said China is violating free-trade rules by forcing foreign movies, music, books and video games to be routed through Chinese state-owned companies, and by not allowing foreign partnerships in the realm of digital music. WHAT DOES IT MEAN? It's one step in a long process that could lead China to further open its market to foreign cultural products.

August 14th, 2009 WASHINGTON - Companies in which women are board members fare worse on the stock market, according to a study conducted by researchers at the University of Exeter. The researchers have found that companies with female board members this face stockmarket prejudice despite performing as well on all other measures as those with all-male boards.

July 31st, 2009 MUMBAI - Aluminium maker Hindalco Industries plans to raise $500 million (around Rs.2,400 crore) through issue of securities, including global depository receipts (GDRs), in both international and domestic markets. "In view of the volatility in the domestic market and developments in the international markets, the board has decided that the company in addition to offering of shares under the QIP (qualified institutional placement) route would explore the option to issue share under GDR," the company said in a regulatory statement.

July 15th, 2009 Foreign direct investment in China falls 6.8 pctBEIJING — Foreign direct investment in China fell in June for the ninth straight month but the decline was less severe than in May, data showed Wednesday, adding to signs of an economic recovery. Investment in June totaled $9 billion, down 6.8 percent from a year earlier, said Commerce Ministry spokesman Yao Jian at a news conference.

June 16th, 2009 NEW DELHI - In order to attract trading members to the Delhi Stock Exchange (DSE), when it re-launches its operations soon, the DSE board has floated several attractive schemes. The board of DSE in a recent meeting has taken many important decisions in their bid to revive the operations of the exchange by August, 2009.

June 15th, 2009 Foreign direct investment in China falls 17.8 pctBEIJING — Foreign direct investment in China fell in May for the eighth straight month as the global economic crisis battered trade and corporate finance, the Commerce Ministry said Monday. Foreign direct investment in May totaled $6.4 billion, down 17.8 percent from the same month last year, while the number of new approved foreign companies reached 1,649, down 32 percent year-on-year, ministry spokesman Yao Jian said at a news conference.

May 5th, 2009 China reject latest US report on religious freedomBEIJING — Beijing on Tuesday said a U.S. report criticizing the state of China's religious freedom was biased and groundless.

April 29th, 2009 NEW DELHI - India as a retail market continues to be attractive to a lot of global players but the progression from expression of interest to the actual setting up of operations is slow, a survey conducted by a global real estate services firm indicates. Indian currently stands 39 on the list of most-preferred international retail markets, while neighbour China is high up in the list at number six, according to the survey done by CB Richard Ellis.

April 24th, 2009 Group says China's new postal law restricts marketBEIJING — Chinese legislators enacted a law Friday that bars foreign delivery companies from handling domestic shipments within China, prompting a business group to complain that it limits access to an important market. The new postal law is a setback for global delivery services, which have been lobbying Beijing for wider access to the fast-growing domestic Chinese market.

December 25th, 2008 BEIJING - The China University Alumni Association has released a list of universities where the richest Chinese graduated. Peking University topped the list with 35 billionaire alumni.