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Suzlon Group to sell China unit for $60 million

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Suzlon Group, which controls wind-turbine maker Suzlon Energy, said on Saturday it will sell stake in its China manufacturing unit to China Power New Energy Development Co. Ltd. for Rs 3.4 billion.

S

Bangkok 'Smoking Kid' lights up Internet with quit message

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A child casually approaches an office worker on a cigarette break.

‘Can I get a light?’ asks the boy. ‘Don't you want to live and play?’ comes the shocked reply.

The scene is part of a Thai anti-smo

Companies assess bank relations after Moody's move

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In the weeks leading up to Moody's downgrade of major global banks, corporate treasurers quietly accelerated their own reviews of where to put their bank deposits, who they trade swaps with and who th

CCI slams 11 cement firms with over Rs 60 billion fine

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Eleven cement makers were slapped with $1.1 billion in fines on Thursday for price fixing, a record penalty from an increasingly assertive anti-trust regulator, the Competition Commission of India (CC

RIL, partners aim to spend $4 billion on D6 block: Report

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Energy major Reliance Industries and its partners BP and Niko Resources plan to spend $4 billion to develop satellite gas fields off India's east coast, the Economic Times reported on Friday, citing c

Rupee hits 57 versus dollar; no sight of RBI yet

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The rupee weakened beyond the psychologically important 57 per dollar mark on Friday, hitting a record low for a second consecutive session, with traders seeing no signs of any RBI intervention yet.

Pranab to step down as finance minister on June 26

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Finance minister Pranab Mukherjee will step down on June 26, rather than the previously expected June 24, as he prepares to stand in July's presidential election, a senior member of the ruling Congress Party told Reuters said late on Thursday.

RBI, oil firms discuss potential dollar purchase measures: Sources

The Reserve Bank of India has discussed with state-run oil firms steering 50 per cent of their dollar purchases via a single state-owned bank, though no decision has been made, two oil executives said

Saina Nehwal blasts out double warning for Olympics

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Saina Nehwal has struck stunning form at just the right time ahead of the 2012 London Games where she hopes to deliver India a first Olympic badminton medal.

The world number five followed up victory

Tahrir Square protests as Egypt awaits result

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Thousands of protesters filled Cairo's Tahrir Square overnight as Egypt's rival presidential candidates, an Islamist and former general, accused each of trying to steal an election whose result is sti

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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.