Family feud may disrupt Samsung succession plans
A family feud at Samsung Group, parent of the world's largest electronics company by revenue, could upset the smooth handover of control of a smartphones-to-ships conglomerate whose $234 billion annu
Even after hiring bankers, RIM running out of options
BlackBerry maker Research In Motion Ltd may be running out of options as it struggles to turn around its slumping fortunes with the help of a coterie of investment bankers.
The bankers - including le
Tata Motors shares plunge on JLR worries
Shares in Tata Motors dropped as much as 11.8 per cent on Wednesday, wiping more than $1.5 billion off the value o f the Indian car maker, following deep disappointment about the fall in operating mar
India Q4 GDP growth seen flat at 6.1 per cent: Reuters Poll
India's annual economic growth probably held steady in the January-March quarter at 6.1 per cent and the global economic slowdown, government policy paralysis and a record low currency suggest little
M&M Q4 net up 44 per cent, beats forecast
Mahindra & Mahindra Ltd, India's biggest utility vehicles maker, reported a forecast-beating 44 per cent jump in quarterly profit, helped by an exceptional gain and strong volume growth in the face of
India's Kingfisher Airlines Q4 loss more than trebles
Kingfisher Airlines' net loss more than trebled in the quarter to end-March from a year earlier, battered by high fuel prices and a weakened rupee, but the ailing Indian carrier pledged a return to fu
Factors leading to India slowdown bottomed out: Mukherjee
Most of the factors that led to India's growth slowdown have bottomed out, Finance Minister Pranab Mukherjee said in a statement on Thursday, after the economy grew at its weakest pace in nine years i
West expels envoys over massacre of Syrian children
Western powers expelled Syria's envoys on Tuesday in outrage at a massacre of 108 people, almost half of them children, and peace envoy Kofi Annan urged President Bashar al-Assad to halt the bloodshed
Rupee fall spurs automakers to look home for parts
India's car and motorbike makers, smarting from a tumble in the rupee that has increased import costs, now have little choice but to go local when buying parts - a shift that will further help the dom
State-run refiners could cut petrol prices from June
State-fuel retailers could cut retail prices of petrol by about two rupees a litre from next month if global oil prices and the rupee stabilise at current levels, said S.Roy Choudhury, chairman of Hin