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Developing nations to name two candidates for World Bank

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Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market effort

Reliance Power says it gets court stay on Andhra project

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Reliance Power on Wednesday said it has obtained an order from the Delhi High Court restraining any 'coercive steps' against its 4,000 MW-power project in Andhra Pradesh.

The Economic Times newspaper

GVK to cut stakes in Australia coal, rail, port projects

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GVK Power & Infrastructure Ltd is looking to sell down its stakes in the Alpha coal project and related port and rail assets in Australia to help fund the $10 billion cost of the projects, its Austral

French school killings suspect says will surrender

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A gunman suspected of killing seven people in the name of al Qaeda, including three children at a Jewish school, said on Wednesday he would hand himself over to police to end an hours-long siege in so

Explosions across Iraq kill at least 43

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Car and roadside bombs killed at least 43 people in cities and towns across Iraq on Tuesday, police and hospital sources said, extending a spate of violence ahead of next week's Arab League summit in

Of diapers and drugs, Iran's trouble paying bills

Like everyone, Iranians need diapers. Fred Harrington has built a business by selling Iran the raw materials to make them.

The Redmond, Washington, businessman, who exports to Iran under a humanitari

France fears Jewish school gunman could strike again

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French police stepped up the search on Tuesday for a gunman who filmed his carnage as he shot dead three children and a rabbi at a Jewish school, fearing the killer could strike again.

Officials beli

Future Group plans deals to cut debt: Paper

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Future Group, India's largest retailer which owns Pantaloon Retail, is looking to sell stakes in brands and units to raise funds and help cut the group's $1.6 billion debt, the Economic Times reported

Heavy fighting in Syrian capital: Residents

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A heavy firefight broke out on Monday between Free Syrian Army rebels and forces loyal to President Bashar al-Assad in a main district of the Syrian capital Damascus that is home to several security i

Bangladesh's ‘teenage’ brothels hold dark steroid secret

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Their faces painted heavy with make-up, teenage girls in short, tight blouses and long petticoats loiter in squalid alleys, laughing and gesturing to potential clients who roam Tangail town's infamous

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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.