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 wa
Rate sensitive stocks gain on Chidambaram comments
Banks, auto makers and property developers gain after the finance minister's comments about interest rates being high spark hopes the government will exert pressure on the RBI to ease monetary policy.
NY may pull StanChart licence, says 'rogue' bank hid $250 bln in Iran deals
New York's top bank regulator threatened to strip Standard Chartered Plc of its state banking licence, saying the British bank was a 'rogue institution' that hid $250 billion in transactions tied to I
CRISIL slashes India FY13 growth forecast to 5.5 pct
Rating agency CRISIL slashed India's growth forecast to 5.5 percent for the fiscal year ending March, one of the lowest estimates on the street, just two months after pruning its projection to 6.5 per
Indian airlines to return to profit in FY2014: Merrill
Bank of America-Merrill Lynch upgrades Jet Airways and SpiceJet to 'buy' from 'underperform', saying improving industry trends such as signs of ticket price hikes and reduced capacity will improve pro
Curiosity lands on surface of Red Planet
Mission controllers at the Jet Propulsion Laboratory near Los Angeles burst into applause and cheered as they received signals relayed by a Mars orbiter confirming that the rover had survived a make-or-break descent and touched down within its landing zone.
Cognizant posts higher 2nd-quarter profit
Cognizant Technology Solutions Corp reported a higher quarterly profit on increased demand for its outsourcing services.
The information technology services provider's net income rose to $251.9 milli
Sacked Syrian premier defects to Jordan: Source
Syrian Prime Minister Riyad Hijab has been sacked, state television reported on Monday, and an official source in Amman said he has defected with his family to neighboring Jordan.
Syrian state TV ann
Govt to shortly unveil path of fiscal consolidation: FM
Finance Minister Palaniappan Chidambaram said on Monday he intends to shortly unveil a path of fiscal consolidation, assisted by a panel.
Chidambaram also said clarity and stability in tax laws would
China calls in U.S. diplomat over South China Sea
China's Foreign Ministry has called in a senior U.S. diplomat to protest remarks by the U.S. State Department raising concerns over tensions in the disputed South China Sea, in the latest political sp