Sonia Gandhi cancels first rally since illness
India's most powerful politician Sonia Gandhi has canceled what would have been her first public address since undergoing surgery for an undisclosed illness, highlighting speculation about her ability
TCS wins $2.2 billion order from UK-based pensions firm
Tata Consultancy Services, India's leading software services exporter, said on Wednesday it won a $2.2 billion order boosting its shares more than 3.5 per cent in a flat market.
The 15-year order fro
Greeks reach deal on govt, P.M. will quit
Greek political leaders were set to choose who will lead a new coalition on Monday and push through a bailout before the country runs out of money in mid-December, with local media tipping former ECB deputy head Lucas Papademos for the job.
Berlusconi plays last cards, denies will resign
Prime Minister Silvio Berlusconi defied huge pressure to resign on Monday, desperately playing his last cards to save his crumbling government as fears over Italy's instability hit markets across Euro
Asia's policy dilemma: Pause or pre-emptive strike?
Asian central bankers have two main choices for coping with Europe's debt crisis: Wait it out and hope for a safe resolution, or take out an insurance policy in the form of an interest rate cut.
With
Kingfisher to cancel 31 flights daily till Nov 19: Report
India's No. 2 carrier Kingfisher Airlines, controlled by liquor baron Vijay Mallya, plans to cancel 31 flights daily till Nov 19, including four international flights to Bangkok, the Mint newspaper re
Devil found in detail of Giotto fresco in Italy's Assisi
Art restorers have discovered the figure of a devil hidden in the clouds of one of the most famous frescos by Giotto in the Basilica of St Francis in Assisi, church officials said on Saturday.
The de
Toyota Q2 falls 32 per cent, withdraws full-year forecast
Toyota Motor Corp posted a 32 per cent drop in quarterly operating profit and withdrew its full-year profit forecasts as Thai floods pose a fresh threat to production while supply shortages from the M
No longer the beast, Toyota strives for beauty
As Toyota Motor President Akio Toyoda passed the banged-up Aston Martin Zagato in his Lexus LFA on the Nuerburgring race track last month, he figured that was it for the British race car.
Toyoda and
India has one of world's weakest pension systems - stud
Greece, India, China and Thailand are home to the weakest national pension systems in the world, crippled by a mix of acute sovereign debt, young retirement ages, high ratios of pensioners to workers