ONGC Videsh Ltd, the overseas investment arm of state-run explorer Oil and Natural Gas Corp, and GAIL India are making a joint bid to acquire UK-based Cove Energy Plc, a newspaper reported on Saturday

The Reserve Bank of India has set guidelines for compensation of senior bank executives, imposing restrictions on guaranteed bonus, severance pay as well as a cap on variable pay, in line with global

A Japanese banker who is a key figure in the Olympus accounting fraud came into public view for the first time since the scandal broke, appearing on Friday at his divorce hearing in a Florida court.

Standard & Poor's carried out a mass downgrade of euro zone countries on Friday, stripping France and Austria of their top-grade AAA ratings in a move that may complicate efforts to solve a two-year o

Standard & Poor's is lowering its unsolicited long-term sovereign credit rating on the Republic of France to 'AA+'. At the same time, we are affirming our unsolicited short-term sovereign credit ratin

Mahendra Singh Dhoni hints he’ll quit Test cricket if he decides to lead India’s World Cup defence in Australia and New Zealand in 2015.

A video showing what appears to be American forces urinating on dead Taliban fighters prompted anger in Afghanistan and promises of a U.S. investigation on Thursday but the insurgent group said it wou

Harry Potter cast a spell at the People’s Choice awards on Wednesday on a night that also saw big wins for singer Katy Perry at the start of the Hollywood awards season.

India is about to hit a milestone in its battle to eradicate the polio virus with no new cases reported in the past year, the country's health minister said on Thursday, a dramatic drop from being the

Germany's DVB Bank SE said it may repossess two Airbus A320 aircraft from troubled Kingfisher Airlines Ltd if the carrier failed to meet its commitment to the lender in due time.

The cash-strapped K