RComm profit rise capped by higher interest costs
Telecoms carrier Reliance Communications on Saturday reported a smaller-than-expected 3 per cent rise in quarterly profit, weighed down by higher finance costs, in what was its second straight quarter
ONGC boosted by higher oil prices, forex gains
State-run producer Oil & Natural Gas Corp reported a higher-than-expected 48 per cent jump in quarterly profit as the company benefited from higher crude oil prices and foreign exchange fluctuations.
U.S., Turkey to study Syria no-fly zone
The United States and Turkey indicated they were studying a range of possible measures over Syria, including a no-fly zone, as battles between rebels and President Bashar al-Assad's forces shook Aleppo and the heart of Damascus.
African American actor Al Freeman Jr Dies, aged 78
Actor Al Freeman Jr., perhaps best known for his portrayal of Nation of Islam leader Elijah Muhammad in Spike Lee’s 1992 film Malcolm X, has died, Howard University said on Friday.
Japan's Honda buys out India car JV partner
Japan's Honda Motor Co has bought a 3 per cent stake it did not already own in its Indian car unit from a local firm in a deal worth Rs 1.8 billion, ending a partnership of more than 16 years.
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India appoints ex-IMF economist Rajan as top adviser: Sources
India has appointed Raghuram Rajan, the outspoken former chief economist to the International Monetary Fund who is critical of the government's economic management, as its top adviser at the finance m
StanChart, regulators in settlement talks
Standard Chartered is in talks with multiple law-enforcement officials including New York's banking regulator to resolve a probe into improper Iranian money transactions by the British bank, according to people familiar with the situation.
Kingfisher posts another quarterly loss
Kingfisher Airlines, which used to be India's second biggest carrier but is now struggling with crushing debt, posted another quarterly loss on Saturday and shed no light on any potential funding life
Syrian and Jordanian forces clash in border area
Fighting broke out between Jordanian and Syrian forces in a border region between the two countries overnight, but a Jordanian source said on Saturday no one on Jordan's side appeared to have been killed.
Maruti factory riot sounds alarm bells for industry
Hiding in his office near New Delhi as workers armed with iron bars and car parts rampaged through the factory, Maruti Suzuki supervisor Raj Kumar spent two terrified hours trying to comprehend the warzone his workplace had become.