Telecom sits on the top of the incredible India story. But the mess, evident in the award of second generation (2G) licences, shows how at least six principal characters worked overtime to deface it....

Over 500 million Indians will need new homes in almost a decade, close to the needs of China, North America and Western Europe put together, as the government and urban local bodies focus more on...

Australia: Qantas chief Alan Joyce on Monday warned the airline would be forced to slash services and expressed "grave fears" for its future if proposed laws strengthening its ties to...

] shares for every Xstrata share they hold. That ratio puts a greater relative value on Xstrata shares than most analysts or investors had expected, representing an 8 percent premium over the closing...

Feb. 6 (Bloomberg) -- Qantas Airways Ltd. would have to cut jobs, cancel routes and even sell off its budget division Jetstar if laws affecting the airline are changed, said Alan Joyce, chief...

MUMBAI: The rupee moved up by 9 paise to trade at 48.60 against the dollar on the Interbank Foreign Exchange market in early trade today on increased foreign fund inflows. Dealers said increased...

Sensex gained 218 points in early trade on Monday on sustained buying by funds and retailers amid a firming trend in Asian markets. The 30-share index, which had gained over 741 points in last four...

Feb. 6 (Bloomberg) -- Glencore International Plc debt investors are betting that an $88 billion merger with miner Xstrata Plc would lead to lower borrowing...

Feb. 6 (Bloomberg) -- Nikon Corp. surged the most in three years in Tokyo trading after the world’s second-biggest maker of professional-grade cameras raised its operating profit forecast on...

INDEPENDENT senator Nick Xenophon has labelled as "ridiculous" suggestions by Qantas that paying domestic wages to overseas-based crew could put its Darwin and Cairns operations at...

SYDNEY: Qantas chief Alan Joyce on Monday warned the airline would be forced to slash services and expressed "grave fears" for its future if proposed laws strengthening its ties to...

TOKYO: Japan's Mitsubishi Motors is to stop manufacturing automobiles in Europe by around 2013 as it shifts its focus to emerging markets, reports said Monday.Under the plan, which would be the...

Feb. 6 (Bloomberg) -- Asian stocks rose, with a regional benchmark index set for its highest close in five months, after U.S. jobs data beat estimates and fueled optimism the world’s largest...

Feb. 6 (Bloomberg) -- Karl Lagerfeld provoked both boos and cheers for his rustic sketch of Chateau Rauzan-Segla on the 2009 label of the Bordeaux estate, celebrating its 350th anniversary. The wine...

(2 hrs 37 mins ago) Hong Kong stocks opened 1.13 percent higher following strong gains on Wall Street driven by promising economic data. The benchmark Hang Seng Index rose 234.88 points to...

Qantas boss Alan Joyce has warned a federal parliamentary hearing that proposed legislative changes are a major threat to the airline's future. Independent senator Nick Xenophon has introduced...

The firm has been making its Colt subcompact car and Outlander sports utility vehicle at a factory in the Netherlands, but it will enter negotiations with workers and the Dutch government to end...

, for one, is wasting little time in capitalizing on a blockbuster Indian court verdict that's likely to shake up the world's second-largest mobile phone market. Within hours of a Thursday...

Australia beat out the United States and Singapore to take top place among expatriates as an ideal residence for quality of life and career prospects, according to an international survey released on...

Feb. 6 (Bloomberg) -- Michael Kurtz, chief Asian equity strategist at Nomura Holdings Inc., talks about the outlook for China's stocks, central bank monetary policy, and his investment strategy...

Feb. 3 (Bloomberg) -- PetroChina Co. and Royal Dutch Shell Plc deepened their collaboration in exploring unconventional gas resources with the Chinese company investing in a Canadian project and the...

Feb. 6 (Bloomberg) -- KT Corp., South Korea’s largest phone and Internet company, reported fourth-quarter profit that missed analysts’ estimates after the carrier cut tariffs under an...

Feb. 6 (Bloomberg) -- Asian stocks advanced, extending last week’s rally, after data showed higher-than-expected U.S. jobs growth. The euro weakened against most of its 16 major peers before...

QANTAS CEO Alan Joyce has said he has "grave fears'' for the future of the airline if laws are changed to increase wages for international staff and to keep heavy maintenance in...

Australia , it would place in peril the budget air carrier's capacity to run its business. If Jetstar would be mandated to pay foreign crew at Australian rates when the plane is on the...

are highly likely to lead to further revelations on the scandal soon, according to the firm's former chief executive, Michael Woodford, who blew the whistle on the...

Australian retail sales slipped unexpectedly in December as consumers spent less on food and eating out, a soft end to a subdued quarter for retail spending and another reason to expect a cut in...

Senior officials arrested in a corruption investigation. Subway commuters trapped underground without light or proper ventilation. Flooded roads in the financial district. It may sound like Indonesia...

Indian market . Madura is set to win new alliances-with Birla readying fresh investments and stalling stake sale plans-after India's largest branded apparel maker bounced back to profit,...

analysts and investors with better-than-expected results for the quarter ended December 2011. On an aggregate basis, of the 75 among the BSE 200 companies that announced their results till Friday,...

NEW DELHI: Telenor, which holds a 67% stake in Unitech Wireless, is planning a diplomatic and legal offensive to secure its investments in India even as it is ready with an aggressive bidding plan to...

This resulted in an annualized interest rate of 12.32% (including other charges). In contrast, IOC has been mobilizing funds for the project in the last two years at an average interest rate of 6.5%....

The News print edition will not appear on Monday 06th, 2012 on account of 12 Rabi-ul-Awwal. The newspaper will be brought out as usual on Wednesday 07th February 2012 The web edition, however, will...

LEGISLATION forcing Qantas to maintain its base in Australia and perform the majority of heavy aircraft maintenance and training at home would seriously threaten the airline's future, according...

Qantas chief axecutive Alan Joyce says amendments to the Qantas Sale Act proposed by Independent Senator Nick Xenophon pose a major threat to the company and Australian jobs.One of the bills is...

New Delhi, Feb. 5: The government can expect to earn a sizeable amount of money from spectrum sale as global firms such as America’s AT&T, South Africa’s MTN and France-based Orange want to...

New Delhi, Feb. 5 (PTI): Market regulator Sebi is bringing on board an outside consultancy firm to overhaul its functions and organisational...

“We have heard about it but as of now Boeing has not said anything to us officially. With the Indian aviation week right around the corner, Boeing has plans to make the first delivery during that...

New Delhi, Feb. 5: The government is in search of a middle ground on the issue of import duty of power equipment. While the domestic power equipment industry is advocating levies, private power...

Calcutta, Feb. 5: The tea industry in a bid to promote the brew within the country is set to kick off an intense round of interactions with the local...

Calcutta, Feb. 5: Auto makers have taken to sharing platforms as part of a new manufacturing strategy. For instance, the Renault Pulse and the Nissan Micra, which have striking similarities, are...

Mr Joyce said Senator Xenophon's proposed amendments to the Qantas Sale Act went way beyond its original aim. (AAP) Qantas boss Alan Joyce has warned a parliamentary hearing that proposed...

China's Central Huijin Investment Co, the state parent of the country's "Big Four" state banks, said it would cut the dividend payout ratio for three lenders to help relieve their...

Western and Arab states voiced outrage on Sunday after Russia and China vetoed a U.N. resolution that would have backed an Arab plan urging Syrian President Bashar al-Assad to give up power, and...

Feb. 3 (Bloomberg) -- For Mick Davis, the 53-year-old South African who runs Xstrata Plc, the approach from commodities trader Glencore International Plc is unlikely to prompt him to surrender the...