Verdict on ‘India’s Enron’ fraud trial delayed

Hyderabad (India)  - A court in India trying former business executives over one of India’s biggest corporate fraud scandals at IT group Satyam delayed Monday its verdict until later this month, a lawyer said. The former chairman of [...]

Coal reserves offer no relief for India fuel crunch

Mumbai  - India sits on one of the world’s biggest coal reserves, yet its power stations are starved of the fuel with some idle and others running dangerously low on supplies. Coal accounts for nearly 60 percent of India’s electricity, [...]

India holds firm on blocking global customs deal

New Delhi  - India on Friday said it wanted “visible” signs the World Trade Organization would agree to its vast food subsidy schemes before approving a landmark global customs pact as talks went down to the wire. Refusal by India [...]

Seven feared dead in Indian Air Force chopper crash

New Delhi  - Seven military personnel aboard an Indian Air Force helicopter were feared killed when the aircraft crashed in northern India on Friday, a military statement said. The aircraft, identified as an Advanced Light Helicopter (ALH), [...]

India summons Pakistan envoy over Mumbai trial delays

New Delhi  - India summoned a top Pakistani diplomat on Friday, two days after announcing resumption of foreign-secretary-level talks, to voice unhappiness over repeated delays in the trial of seven men accused in the deadly 2008 Mumbai attacks. “We [...]

Ex-investment banker turns to Bollywood script writing

Mumbai  - An Indian investment banker turned wildly successful novelist is taking a career turn in Bollywood, with a screenplay he says will tackle social issues in the same vein as the books that made him a youth icon. Chetan Bhagat shot [...]

India to liberalise debt market in ‘measured way’

Colombo  - India is opening its short-term debt market to foreign investors, but liberalisation will be “in a measured way” to avoid causing volatility, central bank governor Raghuram Rajan said Thursday. Addressing a meeting in [...]

Girl found hanging in India triggers revenge attacks

New Delhi – A seven-year-old girl was found hanging from a tree Thursday in a village in eastern India after locals suspect she was raped, police said, the latest in a string of reported attacks against children. Angry villagers sought [...]

India train hits school bus, at least 11 children dead

Hyderabad (India) – A passenger train rammed into a school bus in southern India on Thursday, killing at least 11 children, with fears the death toll could be as high as 25, officials said. The train collided with the bus carrying some [...]

Surgeons remove 232 teeth from Indian teenager

Mumbai  - Surgeons in Mumbai have removed 232 teeth from the mouth of an Indian teenager in what they believe may be a world-record operation, the hospital said Thursday. Ashik Gavai, 17, sought medical help for a swelling on the right side [...]

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