AirAsia in buyout talks as share fall put loans at risk: Sources

AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's......

Rupee falls most in a week, RBI intervenes

The rupee faltered for a second consecutive day on Thursday to its lowest against the dollar in a week after Federal Reserve minutes hinted at stimulus tapering, sparking concerns about a renewed......

Meet the 3 big players making waves in telecom space

According to data, the telecom sector's adjusted gross revenues have grown 13.2% year-on-year in the June quarter Once Reliance Jio starts operations later this year, the telecom sector is expected......

No respite! Experts say rupee to sink further

The rupee dropped to a record low of 62.03 per dollar on Friday, sparking late intervention from the central bank as its measures to tighten capital outflows raised concerns they could spook......

Lahiri finishes third as Thomas wins CIMB Classic title

Anirban Lahiri was searching for a maiden PGA Tour win at the TPC Kuala Lumpur course but the five-shot swing after he lodged his tee shot in a tree left the Indian with too much to do. IMAGE:......

Sports Shorts: Sharma in joint lead at CIMB, eyes maiden PGA Tour title

A summary of sports events and persons who made news on Saturday  Shubhankar Sharma was in joint lead after 54 holes for the second time in a PGA Tour event, as he carded 6-under 66 to reach......

Lahiri in sight of historic win at The Players Championship

IMAGE: It will be only the second time in his career that Anirban Lahiri will hold the lead as he seeks to join countryman Arjun Atwal (2010 Wyndham Championship) as the only Indian to win on the......

Lahiri continues blazing form in pursuit of maiden PGA Tour title

Anirban Lahiri moved into position to record a first PGA Tour victory when the Indian fired an exquisite third round seven-under 65 at the TPC Kuala Lumpur course to storm four shots clear of the......

Ghosal wins first qualifying round

India's Saurav Ghosal defeated Chong Kam Hing (Malaysia) 11-8, 11-7, 10-11, 11-10 in the first qualifying round of the USD 40,000 CIMB Squash Open Championship being held at Kuala Lumpur. After the......