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  • IndiGo owner files for $400 million IPO
    IndiGo owner files for $400 million IPO Reuters - 13 minutes ago

    By Tommy Wilkes NEW DELHI (Reuters) - The owner of India's biggest airline, budget carrier IndiGo, is seeking to raise more than $400 million in an initial public offering to fund expansion into one of the world's fastest growing and most … More »

  • Finance ministry working on a package for state banks
    Finance ministry working on a package for state banks Reuters - 5 minutes ago

    NEW DELHI (Reuters) - The finance ministry is working on a comprehensive package to help state-run banks, which are saddled with huge bad loans, Minister of State for Finance Jayant Sinha said on Wednesday. Rising bad loans at Indian banks over the … More »

  • Australia's Asciano in $6.8 billion Canadian takeover talks AFP - 5 minutes ago

    Australian ports and rail operator Asciano said Wednesday it had received an Aus$8.8 billion (US$6.8 billion) takeover offer from Canada-based Brookfield Infrastructure Group and was considering the proposal. Asciano said the cash and stock offer … More »

  • Sabarinathan sworn-in as Kerala legislator IANS - 6 minutes ago

    Thiruvananthapuram, July 1 (IANS) Congress leader K.A. Sabarinathan was sworn-in as a legislator of the Kerala legislative assembly on Wednesday. … More »

  • Cuba named first country to end mother-to-child HIV transmission
    Cuba named first country to end mother-to-child HIV transmission Reuters - 10 minutes ago

    The World Health Organization on Tuesday declared Cuba the first country in the world to eliminate the transmission of HIV and syphilis from mother to child. The WHO said in a statement that an international delegation that it and the Pan American … More »