Citi cuts RIL to ‘neutral’ on earnings outlook
Citigroup downgrades Reliance Industries to 'neutral' from 'buy', but raises its target price to Rs 847 from Rs 818.
China's Hu Jintao seeks clean power handover with ally's promotion: Sources
China's outgoing President Hu Jintao is angling to promote one of his closest allies to the military's decision-making body, sources said, in a move that would allow him to maintain an influence over
Maya Kodnani gets 28 years for 2002 Guj massacre
Former Gujarat minister Maya Kodnani was sentenced to 28 years in jail on Friday for murder and conspiracy during one of the country's worst religious riots, when up to 2,500 people, most of them Muslim, were hunted down and hacked, beaten or burnt to death in 2002.
What slowdown? For some firms, India still humming
India's economic growth may have slowed to a near-decade low, but you wouldn't know it from the pace at which Britain's Costa Coffee and many other consumer-focused companies are expanding.
"The last
World stocks hit ahead of Bernanke speech
Uncertainty over central bank action to fight slower global growth sent world shares and industrial commodity prices lower on Thursday, while nervousness ahead of a meeting of central bankers in the U
'Encouraging signs' of shift in China: Dalai Lama
There are encouraging signs that attitudes towards Tibet are shifting in China, the Dalai Lama said on Wednesday, adding that the exiled Tibetan leadership is ready for fresh talks on his homeland if
Baby steps to bank reforms unlikely to bring cheer
India's plan to increase voting rights for shareholders in banks would improve management and corporate governance and draw more investment, but it falls short of lifting ownership restrictions or rel
US troops punished over Quran burning, urination video
The U.S. military said on Monday it was disciplining U.S. troops over two incidents that provoked outrage in Afghanistan early this year, one involving a video depicting Marines urinating on corpses a
HCL Infosystems surges on Lenovo interest media report
Shares of HCL Infosystems surged over 15 per cent after a local newspaper reported Lenovo Group(0992.HK) is in talks to buy a 50.1 per cent controlling stake in the Indian company for around 5 billion
There are drug cheats in tennis, says Blake
Tennis, like other sports, was bound to have some players using performance-enhancing drugs, American James Blake said on Monday, but he felt authorities were doing all they could to ensure the sport