State Bank of India (SBI), the lead lender to Kingfisher Airlines will not consider any fresh loans for the debt-laden carrier until it raises new equity itself, a senior executive of the state-owned bank said.

Ever wonder what goes on in the back seats of those Hollywood limousines stuffed with A-list stars as they pull up to Oscar’s glitzy red carpet? Is champagne flowing? Sometimes.
Are diamonds dripping? Likely. Are gowns and tuxedos ready for TV? Mmmm, it pays to have a needle and thread handy.

In a secret location, somewhere among the sandstone and concrete buildings of the straggling mountain town of Zintan, Libya's most prominent prisoner awaits his fate.

Three months after he was captur

Actor Sacha Baron Cohen, dressed as The Dictator, voiced his 'outrage' at Oscars organisers on Friday for banning his character from the award show's red carpet, although the actor is not barred and w

Vladimir Putin will reclaim the Kremlin's top job by winning two thirds of the vote in a March presidential election, but Russia's alpha-dog leader may face growing resentment against his rule, the la

The head of the World Bank said on Saturday it is right for the United States to take a leading role in some global institutions and that the right U.S. candidate for post of the bank's next president

Debt-ladden Kingfisher Airlines Ltd has received recapitalisation offers worth Rs 8 billion from two Indian investors, the Times of India said on Saturday, citing the carrier's chairman Vijay Mallya.

Vedanta Resources will simplify its business structure by merging its Indian subsidiaries into a single unit to cut costs and improve cashflows, the London-listed miner said, as it looks to streamline

India has yet to name its chef de mission for this year's London Olympics with local media blaming the delay on internal bickering within the Indian Olympic Association (IOA).

Thursday's Indian Expre

Citigroup Inc plans to raise up to $2.1 billion by selling its entire stake in Housing Development Finance Corp (HDFC) on Friday as part of the U.S. bank's efforts to shore up its capital base, three