Vodafone Ordered to Pay $554 Million Deposit to Indian Court

Vodafone Group (VOD) was ordered by an Indian court to put up a deposit of 25 billion rupees ($554 million) while it challenges an Indian tax bill.

Vodafone, the world’s largest mobile-phone company, has to set aside 25 billion rupees with the court …

Coal India May Buy Massey Energy Mine

Coal India, the world’s biggest producer of coal, may purchase a mine owned by Massey Energy Co. (MEE), Bloomberg reported Friday.

The deal would be the state-owned company’s first asset purchase in the U.S.

Kolkata-based Coal India is on the hunt for acquisitions to meet growing demand from power stations and steel mills in the fast-growing Asian economy.

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Coal India has set aside…

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Coal India May Buy Massey Energy Mine originally appeared on DailyFinance on Fri, 12 Nov 2010 09:06:00.

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U.S. Growth to Lag Behind the Developing World in 2011

The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish eco…

Asia Leads the IPO Race as U.S. Drops Further Back

Over the last 11 years, Asia’s IPO market has ascended while the U.S. market has imploded. Led by China, which has raised $76 billion through IPOs in 2010, Asia’s share of global IPOs has increased from 12% in 1999 to 66%. Mean…