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Airlines can now charge for preferred seats, check-in baggage PTI New Delhi

In a move that would raise the cost of air travel, the government on Monday said it has allowed airlines to charge passengers for preferred seats on a flight, check-in baggage and meals, among other...

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A campstove that can charge your phone via USB while cooking your dinner at...

    Biolite CampstoveBiolite CampstoveA campstove that can charge your phone via USB while cooking your dinner at an outdoorsy getaway? The BioLite CampStove can boil one litre of water in 4.5 minutes,...

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Chidambaram's race to reform Indian economy runs into political hurdles...

Finance Minister Palaniappan Chidambaram speaks during a news conference in New Delhi on March 20, 2013. (Photo: Reuters)An Indian Parliament deadlocked yet again over corruption scandals threatens...

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Loblaw to compensate victims of Bangladesh collapse

 Loblaw has said that it will provide compensation for the families of victims who worked at the Bangladeshi garment factory that collapsed last Wednesday leaving more than 380 people dead and hundreds...

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Green tribunal shifts Sterlite gas leak case to New Delhi T E Narasimhan |...

The National Green Tribunal (southern region) has shifted a case involving Sterlite’s copper facility at Tuticorin to New Delhi, saying “circumstances and intervention have not allowed the tribunal to...

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Kodak deal with creditor paves bankruptcy exit PTI/AFP | New York

Eastman Kodak has announced a deal to hand over film and printing businesses to its British pension fund, clearing a key lender's claims that will allow it to exit bankruptcy reorganisation. Kodak said...

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Gurgaon land deal: Vadra's name cleared, Haryana turns to Khemka for...

On the heels of giving a clean chit to Robert Vadra in his controversial Gurgaon land deal with realty major DLF, the Haryana government has sought an explanation from IAS officer Ashok Khemka for...

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Financial repression in China means savers are increasingly turning to the...

The proliferation of China's opaque, loosely regulated (or unregulated) shadow banking system has been raising fears of possible financial instability. But just how extensive - and how risky - is...

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The space has grabbed attention of Tata Group, which last week announced its...

Prakash and wife Purnima, both doctors and in their 50s, are busy planning their life ten years from now, and a home that is equipped to take care of all their needs for an independent living is their...

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Apple taps markets for record $17bn funding

 Concerned investors had been asking questions of Apple's future Computer giant Apple is asking investors for $17bn (£10.9bn) to help fund extra payouts to shareholders in the biggest ever bond issue...

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China becomes biggest PC market in 2012 - IHS report

 In China the sale of desktops and laptops is evenly splitChina has overtaken the US as the world's biggest market for personal computers, according to a market data report. Research by the consultants...

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Sri Lanka 'intensifies crackdown on dissent' - Amnesty

 The final phase of the war, in 2009, left many thousands of people deadAmnesty International has accused Sri Lanka of intensifying a crackdown on dissent and urged the Commonwealth not to hold its...

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Ford announces entry into Burma market

 Other foreign carmakers have also been keen to tap into the Burmese market US carmaker Ford has become the latest foreign company to announce plans to enter Burma, after investment sanctions against...

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On Pakistan's campaign trail with Imran Khan

 By Orla GuerinBBC News The BBC's Orla Guerin has been speaking to Imran KhanPakistan is preparing to go to the polls for a landmark election on 11 May and the party led by the former cricket captain,...

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India's Super-12: Helping poor students crack competitive exams

 By Amarnath TewaryBanka district, BiharThe centre provides free coaching, food and accommodation to 12 students as they prepare for the civil services examination  A tutoring institution run by two...

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SriLankan Airlines to boost cargo, cut costs with new Airbus aircraft

 Apr 29, 2013 (LBO) - State-run SriLankan Airlines expects to boost freight volumes especially on long haul flights as well as cut running costs, with the acquisition of 13 wide-body Airbus aircraft,...

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Dialog Sri Lanka in regional undersea cable

 Apr 30, 2013 (LBO) - Sri Lanka's Dialog Axia, its parent Telekom Malaysia, UK's Vodafone and Middle Eastern operators are teaming up to build an 8,000 kilometer undersea cable system, consortium...

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Sri Lanka's Aitken Spence to run Fiji port

 Apr 30, 2013 (LBO) - Sri Lanka's Aitken Spence Plc said it had signed 15 year deal to manage ports in Fiji and will invest 10.5 million Fiji dollars (5.9 million US dollars) in the project....

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China overtakes Japan as Sri Lanka's top tourist market in East Asia

 Apr 30, 2013 (LBO) - China has overtaken Japan as Sri Lanka's top tourist market in East Asia generating more tourists from around September 2012, official data show. In February 2013, arrivals from...

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Sri Lanka's Hemas group to grow with acquisitions

 Apr 30, 2013 (LBO) - Sri Lanka's Hemas group said it had hired a capitalist market specialist to advise on mergers and acquisitions as part of a growth strategy. Steven Enderby, who has spent 12 year...

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