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Malaysian PM defends crackdown on protestors

Hardening his stand against anti-government protestors including the ethnic Indians, Malaysian Prime Minister Abdullah Ahmed Badawi on Monday said he would "sacrifice" public freedom in order to......

Why Fortis Healthcare has a bevy of suitors

With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India’s second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds.......

Private equity inflows remain steady this year

This, despite squeeze in start-up funding; $946 mn Bharti Infratel deal is biggest so far this year Private equity investments in India remained steady at $6.57 billion in the first six months of......

Nifty cracks 1% to settle below 9,450, Sensex falls 200 points

S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively Benchmark indices settled the day lower after closing at fresh high in the precious session amid selloff as political......

Malaysia plans overhaul of national airline

Troubled Malaysia Airlines, hit by double disasters of MH370 and MH17 plans to delist and make it fully government-owned under a ‘complete overhaul’ announced by the its largest......

HSBC set to sell stakes in Axis and YES banks

HSBC is likely to raise up to Rs 2,450 crore (Rs 24.50 billion)by selling its stake in Axis Bank and YES Bank, said senior bankers familiar with the development.The foreign lender holds 4.76 per......

Lotus no longer title sponsor of Lotus F1 team

A title sponsorship agreement between loss-making Malaysian-owned sportscar maker Group Lotus and Lotus F1 has been cancelled but the team will race on as Lotus, owner Gerard Lopez said on Friday.......

F1 team owners Genii interested in buying Lotus

Lotus Formula One team owners Genii Capital would be interested in buying the loss-making Lotus Group from Malaysian parent Proton, chairman Gerard Lopez said on Monday. "It's a great, great......

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