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Nestle's Peter Brabeck installed as Formula One chairman

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Formula One motor racing has installed Nestle's Peter Brabeck as its chairman following a board meeting at the Monaco Grand Prix on Friday, Brabeck said.

The motor racing series has been cleared to f

Di Resta is a huge asset, says Vijay Mallya

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Force India expect Paul Di Resta to stay with them next season but would be understanding if the highly-rated British Formula One driver wanted to move elsewhere, team owner Vijay Mallya said on Thurs

Fernando Torres excited by future after Chelsea talks

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Chelsea striker Fernando Torres has put a difficult season behind him and is itching to be part of the European champions' future plans, the player said on Thursday following talks with the club's hie

Facebook market makers' losses total at least $100 million

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Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems w

India to host New Zealand, England this year

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India, traditionally poor tourists, will have an opportunity to improve their test rankings when they host New Zealand and current top-ranked test team England either side of the Twenty20 World Cup in

EU urges Greece to stay in euro, but plans for possible exit

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European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the

India's Tech Mahindra profit beats estimates on Satyam

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Indian software-services provider Tech Mahindra Ltd reported a three-fold rise in quarterly profit, beating market estimates, after its unit Mahindra Satyam swung to a better-than-expected profit.

Co

Mahindra & Mahindra taps Korean arm to crack China market

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Mahindra & Mahindra is finding it tough to exorcise the ghosts of failed Chinese ownership at its South Korean car unit Ssangyong as it looks to push the brand into China's auto market, the world's la

Bethlehem proof, outside Bible

Archaeologists have uncovered a tiny clay seal inscribed with the word “Bethlehem” in what is believed to be the earliest evidence for the existence of the ancient biblical city.

Facebook, banks sued over pre-IPO analyst calls

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Facebook Inc and lead underwriter Morgan Stanley were sued by shareholders who claimed they hid the social networking company's weakened growth forecasts ahead of its $16 billion initial public offeri

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.