Tunisia extradites former Gaddafi PM to Libya
Tunisia extradited deposed Libyan leader Muammar Gaddafi's former prime minister on Sunday, said officials in Tripoli, making him the first senior official to be returned for trial under Libya's trans
L&T looking to sell stake in infrastructure unit
Larsen & Toubro Ltd, India's biggest engineering conglomerate, is seeking to sell a stake in its infrastructure unit to help fund its expansion as economic growth drives demand for roads, ports and br
Moody's says India rating stable despite challenges
Moody's Investors Service on Monday said it was maintaining a stable outlook on India's Baa3 rating as problems such as slower growth and higher inflation were long-standing and already factored into
Sesa Goa, Sterlite merger gets shareholders nod
Shareholders of Sesa Goa and Sterlite Industries -- both controlled by London-listed miner Vedanta Resources -- approved the plan to merge the group's various Indian arms into a single unit, the two c
Rupee measures fail to cheer market
India took a handful of measures on Monday to support the embattled rupee but disappointed investors who had been hoping for bolder action to prop up a currency that hit a record low on Friday.
The R
Monsoon's impact on Indian economy
The Indian Meteorological Department (IMD) has forecast an average monsoon in 2012, retaining its earlier forecast in April.
CLASSIFICATION
An average or normal monsoon means rainfall between 96 and
Small luxury firms make modest way to global market
Poupie Cadolle's family has been making handmade lingerie in a workshop on Rue Saint Honore for five generations, with Qatari royals, American actresses and Swiss bankers' wives all crossing her doors
Syria downs Turkey jet over Mediterranean
Turkey and Syria said their Navies were jointly searching on Saturday for Turkish airmen shot down by Syria over the Mediterranean, while nearby Turkish authorities were hosting thousands of rebels fighting President Bashar al-Assad.
Euro's big four agree growth boost, split on bonds
German Chancellor Angela Merkel resisted pressure on Friday for common eurozone bonds or a more flexible use of Europe's rescue funds but agreed with leaders of France, Italy and Spain on a 130 billio
Moody's downgrade gives edge to safe-haven banks
Major ratings downgrades by Moody's will further divide the world's biggest banks based on their strength and access to cheap customer deposits.
The ratings released on Thursday by Moody's Investors