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World stocks cautious ahead of EU Summit

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The euro edged back from six week highs and global stocks were lower on Monday as investors turned cautious after U.S. growth figures on Friday that fell just short of expectations and ahead of more c

Fidelity in talks to sell India mutual fund biz: Report

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Fidelity Investments is in talks to sell its India mutual fund business, a report on the Economic Times website said citing a person with direct knowledge of the development.

Fidelity is seeking a va

Afghan man kills wife for giving birth to daughter

An Afghan man killed his wife for giving birth to a third daughter rather than the son he hoped for, police in Afghanistan's northern Kunduz province said on Monday.

The victim, 28, known by the one

Artist director wins directors’ guild award

The Artist director Michel Hazanavicius was named the year’s best feature film director by the Directors Guild of America on Saturday, further positioning the silent movie-era romance as a front-runne

Iran vows to stop 'some' oil sales as inspectors visit

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Iran sent conflicting signals in a dispute with the West over its nuclear ambitions, vowing to stop oil exports soon to 'some' countries but postponing a parliamentary debate on a proposed halt to cru

Jesse adds voice to Grammy protest

Civil rights activist the Rev.Jesse Jackson on Friday urged Grammy organisers to reinstate 31 ethnic and minority musical categories that have been cut fromthe music industry’s top awards.

UK police arrest Murdoch tabloid staff, raid offices

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British police arrested four current and former staff of Rupert Murdoch's best-selling Sun tabloid plus a policeman on Saturday as part of an investigation into suspected payments by journalists to of

RIM CEO eyes 'significant' plans for BlackBerry

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Research in Motion's Thorsten Heins plans to waste no time in his new job. The BlackBerry maker's chief executive said he will present the board with his plan for company's future in just a matter of

In Facebook IPO, bankers seek prestige over fees

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Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.

The world's largest online social network is ex

SBI may return to overseas markets

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State Bank of India, the country's biggest lender, said it could revive international fundraising plans in 3-4 months, in a sign it believed the euro zone crisis might be easing.

The bank, which is i

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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.