NEW DELHI - Global processed food giant Nestle Friday invited entries from individuals, non-government organizations and small enterprises for competing in its international award for innovative solutions on water management, nutrition and rural development.

MUMBAI - State-run Mahanagar Telephone Nigam Ltd (MTNL) Friday posted a net loss of Rs.671.04 crore for the third quarter ended December 2010 against a net loss of Rs.919.97 crore for the same period last fiscal on account of increase in dearness relief of pension and high wages.

MUMBAI - Describing it as "a resounding success", US Commerce Secretary Gary Locke concluded here Friday a six-day trade mission that took him to New Delhi, Bangalore and Mumbai.

MUMBAI - Renewable energy is set to be the next big technology industry, with the potential to transform the trillion dollar energy industry across the world, World Bank said in a new report Friday.

KOLKATA - With growing urbanisation in India, there is a need for public-private partnerships to provide affordable housing to the poor, an official said Friday.