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Citi cuts RIL to ‘neutral’ on earnings outlook

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.