Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, AAIL, which is a wholly-owned subsidiary of Malaysia-based AirAsia, holds 49 per cent stake in the Bengaluru-based AirAsia India. In a regulatory filing to stock exchange Bursa Malaysia, AirAsia said, "The board of directors of AirAsia wishes to announce that its wholly-owned subsidiary AAIL and Tata Sons Pvt Ltd, India, on December 29, entered into a share purchase agreement."
World champion Matthew Glaetzer, favourite to win the men's sprint gold at the Commonwealth Games, crashed out of the preliminary rounds on Saturday after an 'embarrassing' tactical blunder against Malaysian rank outsider Muhammad Sahrom.
Red Bull's Daniel Ricciardo won a chaotic Azerbaijan Grand Prix on Sunday, with Formula One championship leader Sebastian Vettel finishing fourth after being penalised for swerving into rival Lewis Hamilton who came home in fifth.
A summary of sports events that made news on Wednesday.
Indian ace shuttler HS Prannoy produced a remarkable performance as he breezed past Malaysia's Joo Ven Soong to progress through to the second round of the China Masters here on Tuesday.
The Singapore-based contestant is the first to have scored 93 out of 100 points to win the 10th season.
Badminton World No 1 Lee Chong Wei hinted that retirement was on the horizon after the emotional Malaysian sealed his 10th national championship in Kuala Lumpur on Sunday.
India Prime Minister Manmohan Singh will be visiting to Malaysia in September and is expected to sign the Comprehensive Economic Cooperation Agreement for opening up bilateral trade in goods and services, besides various avenues of investment.
Malaysian-owned Lotus Racing could have a completely new identity in Formula One next season although team principal Tony Fernandes says he wants to keep the Lotus name if he can.
India's challenge in the squash team event at the Commonwealth Games came to an end after the fourth seeded pair of National champions Saurav Ghosal and Joshna Chinappa went down fighting to the Malaysian duo of Nicol David and Beng Hee Ong in the quarter-finals of the mixed doubles on Tuesday.
Former badminton world number one Lee Chong Wei is hoping to be back on court for the start of the 2016 Olympic qualifiers in May after finally being given an April date for a hearing into his failed dope test.
Former Telecom Minister Dayanidhi Maran, his brother Kalanidhi Maran and six others, including four companies, were on Friday chargesheeted by the CBI in a special court in the Aircel-Maxis deal case arising out of the investigation in the 2G spectrum allocation scam.
Indian racing ace Karun Chandhok is keen on joining Malaysian outfit Lotus Racing for the 2011 season so that he can contribute in Asia's emergence as a force in the "West dominated" Formula One circuit.
These foreigners had attended the event in March, following which in April COVID-19 cases across the country spiked after hundreds of Tablighi Jamaat members, who had attended the religious congregation at Nizamuddin Markaz event, tested positive.
Arjun Madathil Ramachandran and Ramchandran Shlok notched up the men's doubles title at the 26th Iran Fajr Badminton Tournament.
H S Prannoy scored his second successive victory over three-time Olympic silver medallist Lee Chong Wei, while Saina Nehwal and Kidambi Srikanth also registered contrasting wins to advance to the quarter-finals of the Denmark Open Super Series Premier, in Odense, on Thursday.
Malaysian authorities have said they would no longer issue permits to companies seeking to bring in foreign workers and asked the employers to hire locals who have lost their jobs due to global financial crisis.
All these trains began from Delhi between March 13 and March 19 - the Duronto Express to Guntur in Andhra Pradesh, the Grand Trunk Express to Chennai, the Tamil Nadu Express to Chennai, New Delhi-Ranchi Rajdhani Express and the AP Sampark Kranti Express.
To attract bidders, the government had decided to hive of around Rs 35,000 crore of the company's debt into a separate subsidiary, leaving around Rs 23,286 crore to be absorbed by the new bidder.
Human resources minister Datuk S Subramaniam said there are around 1,50,000 Indians living in Malaysia 'illegally' and both the Malaysian and Indian governments are taking steps to reduce the number.
Six men, including two Malaysian Air Force personnel and an Indonesian arms expert, were on Thursday charged with conspiring to plot Islamic State-led terror attacks in the Muslim-majority country.
Arthur J Pais interviews Malay chef and restaurant owner Hasni 'Jeff' Ghazali and gets him to share a few recipes.
Earlier at the University of California, Berkeley Gandhi had said that Modi had caused "tremendous damage" to India's economy with his "reckless and dangerous" decisions like demonetisation and "hastily-applied" GST.
Dutch investigator Wilbert Paulissen said the Joint Investigation Team had come to the conclusion that the BUK-TELAR that shot down MH17 came from 53rd Anti-aircraft Missile Brigade based in Kursk in Russia.
Akashdeep Singh scored two goals in the space of three minutes to set up India's 3-2 victory over Malaysia in the men's hockey World Cup in the Hague on Saturday.
Teenager Abhishek Yadav ensured India of a bronze medal at the 2nd Asian Youth Games in Nanjing, China, after he got the better of Malaysia's Dunley Foo to enter the men's singles table tennis semi-finals, on Monday.
Kabali will co-star Radhika Apte, Prakash Raj and Kishore.
Malaysian fans say no to Premier League 'circus games'.
After dropping Chinese sportswear company Li Ning as India's Olympic kit sponsor, Sports Minister Kiren Rijiju on Wednesday said the country's athletes will not wear branded apparel in the upcoming Tokyo Games even as the Indian Olympic Association (IOA) claimed that the search is on for a new partner.
The government on Wednesday said there was no threat to Air Force One, the aircraft that flew Prime Minister Narendra Modi back from Germany over the airspace where Malaysian Airlines plane was shot down on Thursday.
A Malaysia Airlines flight from Amsterdam to Kuala Lumpur crashed in eastern Ukraine on Thursday killing all the 295 people on board.
Italian Jarno Trulli and Finn Heikki Kovalainen will drive for Lotus in the 2010 Formula One season, the new Malaysian-backed team announced on Monday. Lotus are one of four new teams entering the sport next season in an expanded 26 car starting grid.
Two-time Commonwealth Games gold medallist Saina Nehwal continued her impressive run, progressing into the women's singles semi-finals with a straight-game win over unseeded Korean Lee Jang Mi at the Asia Badminton Championship in Wuhan, on Friday.
Defending champions India were held to a goalless draw by Malaysia but managed to maintain their pole position in the points table in the Asian Champions Trophy hockey tournament in Muscat.
A summary of sports events and sports persons, who made news on Thursday.
Indian and Malaysian companies on Monday signed 12 MoUs in diverse fields, including building of an international airport at Hyderabad, even as Malaysian Prime Minister Abdullah Ahmad Badawi described the current volume of Indo-Malaysian trade as ina
Kashyap, a Commonwealth Games champion, was trailing 8-14 in the third game when he chose to retire after pulling his calf muscle.
In one of the largest deals in West Asia, a consortium of Indian telecom firms led by Delhi-based Vavasi Group, which also hopes to rope in state-owned Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) and a Malaysian investor, will acquire a 46 per cent stake in Kuwaiti telecom company Zain for around $13.7 billion.MTNL and BSNL said they would like to clarify that no view has been taken regarding their participation in the consortium.
Adding another feather to its cap, the prestigious IIT-Kanpur is all set to sign an MoU with the Malaysian government to provide technical and academic assistance in setting up an electronic hub in that country.
The Swine flu scare has hit the World Badminton Championships and a Malaysian coach has been admitted to a local government hospital in Hyderabad after showing symptoms of the deadly disease. His identity is not yet known as the Malaysians have separate coaches for singles and doubles.
