-The Hindu Slaps $1.39 billion lawsuit on TAM India and global parent firms Nielsen & Kantar News broadcaster NDTV has sued the country’s only television audience measurement company TAM India — and its global parent firms Nielsen and Kantar — for over a billion dollars in the Supreme Court of New York, accusing TAM of manipulating ratings in return for bribes to its officials. While there have been allegations of manipulation of TAM’s...

-The Economic Times Sales of inverters and batteries jumped about 30% for the quarter to June, as a delayed monsoon pushed up power consumption in energy-deficient India.  Manufacturers of power backup systems say they expect good profits this year, as the increase in sales will offset the rise in input costs due to a weak rupee. The country's largest battery maker Exide Industries said growth was robust despite a 4%-5% rise in prices....

-PTI Amid growing political opposition in India for easing of foreign investment norms in retail and other sectors, US-based companies like Wal-Mart and Prudential Financial are lobbying hard with their own lawmakers here to garner support for their Indian business expansion plans. As per their latest lobbying disclosure reports filed with the House of Representatives and the Senate, the US-based companies and industry groups spent millions of dollars since the beginning of...

-The Guardian Higher disposable incomes, changing consumption patterns and the marketing might of powerful western brands are bringing fast food to India's children The camera pans in. The grins of smiling school children fill the frame. An enthusiastic teacher, played by a famous Bollywood actress, sits in the centre. The scene is a "remote picturesque setting". And all are munching happily on Domino's Pizza. The advert is typical of the marketing bombardment...

-Live Mint There is no dearth of advisors for a government considered to be in the grip of a policy paralysis and whose prime minister is dubbed an “underachiever”. In this season of India-bashing, US President Barack Obama spared some time from his election campaign and offered some pearly words of wisdom on the Indian economy. This came at a time when in his own backyard, thousands of people marched in...