(MUMBAI) Indian stock gains may be limited over the next three to four months as global growth, inflation and valuation concerns prompt investors to avoid riskier assets, HDFC Standard Life Insurance Co said.

(NEW DELHI) India said it will ask Research In Motion Ltd, Google Inc, Skype Technologies and other service providers to set up servers locally and enable security agencies to monitor mail traffic.

(MUMBAI) State-run Steel Authority of India Ltd (SAIL) has shortlisted Deutsche Bank, JP Morgan and four others to manage a share issue that may raise up to US$1.7 billion, sources with direct knowledge said yesterday.