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Ranbaxy slumps after Daiichi Sankyo says was misled

MUMBAI (Reuters) - Shares in Ranbaxy Laboratories Ltd <RANB.NS> fell as much as 10.7 percent on Thursday after majority shareholder Daiichi Sankyo Co <4568.T> said it believed former shareholders of the Indian company hid information regarding U.S. regulatory probes.Full story

Beyond the reach of banks, Indians targeted by outlaw fund scams

MUMBAI/KOLKATA (Reuters) - Dalia Ghosh, a 28-year-old nurse in the eastern Indian city of Kolkata, invested her savings in an unlicensed fund run by media conglomerate Saradha Group last year, hoping to start her own clothes business. Full story

After ATM heist, India's IT sector again in unwelcome spotlight

MUMBAI/BANGALORE (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation. Full story

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World Chefs: From food cart to restaurant empire for Thai 'Chef Ian'

ElectraCard: data in fraud compromised outside its environment

Insight: "Speed money" puts the brakes on India's retail growth

Unilever will not increase stake in Indian arm beyond 75 percent: executive

Indian hedge funds dare where foreign investors fear to tread

India's Reliance, readying 4G, inks cable pact with Bharti

Analysis: Keep calm and carry on in India's slumping car market

India's Infosys shares slump to lowest since October in earnings aftermath

Lack of affordable housing forces India's poor into death traps

Hotel companies find a short cut through India's red tape

Video

  Pakistan’s lead prosecutor in Bhutto assassination case killed

The Pakistani prosecutor investigating the assassination of the country's former Prime Minister, Benazir Bhutto, has been shot and killed.  Chaudry Zulfikar Ali had also been involved in the investigation into the Mumbai massacre in 2008. His killing comes at a tense time as Pakistan prepares for na

  Building collapses in India, 41 dead, dozens missing

At least 41 people are dead after a building collapsed in Mumbai, India, with dozens more missing in the rubble. The building was under construction when it collapsed. Families had moved into the unfinished structure.

  Wall collapse kills five people in Mumbai

Five people were killed after a wall of a house collapsed due to an explosion in a chemical factory compound in Mumbai, India. NBCNews.com's Dara Brown reports.

  Fire leaves hundreds homeless in Mumbai

At least six people were killed when fire swept through a Mumbai neighborhood that destroyed more than 50 homes. NBCNews.com's Dara Brown reports.

  Kites take flight at international kite festival

More than 100 kite enthusiasts took part in the 25th international kite festival in Mumbai. NBCNews.com's Dara Brown reports.

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A devotees inhales incensed smoke as others pray during the evening prayer service at a shrine in Mumbai
A devotees inhales incensed smoke as others pray during the evening prayer service at a shrine in Mumbai

A devotee inhales incensed smoke as others pray during the evening prayer service at a shrine in Mumbai May 23, 2013. REUTERS/Danish Siddiqui (INDIA - Tags: RELIGION SOCIETY)

A woman cleans her daughter's hair as she sleeps in her lap by the roadside in Mumbai
A woman cleans her daughter's hair as she sleeps in her lap by the roadside in Mumbai

A woman cleans her daughter's hair as she sleeps in her lap by the roadside in Mumbai May 23, 2013. REUTERS/Danish Siddiqui (INDIA - Tags: SOCIETY TPX IMAGES OF THE DAY)

Chinese Premier Li Keqiang laughs as he addresses a gathering during a business summit in Mumbai
Chinese Premier Li Keqiang laughs as he addresses a gathering during a business summit in Mumbai

Chinese Premier Li Keqiang laughs as he addresses a gathering during a business summit in Mumbai May 21, 2013. Li is in India on a three-day state visit. REUTERS/Danish Siddiqui (INDIA - Tags: BUSINESS POLITICS)

Chinese Premier Li Keqiang gestures as he addresses a gathering during a business summit in Mumbai
Chinese Premier Li Keqiang gestures as he addresses a gathering during a business summit in Mumbai

Chinese Premier Li Keqiang gestures as he addresses a gathering during a business summit in Mumbai May 21, 2013. Li is in India on a three-day state visit. REUTERS/Danish Siddiqui (INDIA - Tags: BUSINESS POLITICS)