Raymond Ronamai

Kingfisher Airlines Ltd has put on hold plans to join the global oneworld alliance, in the latest blow to the financially troubled carrier.

Formula One driver Narain Karthikeyan will join Pedro de la Rosa to complete the HRT line-up for the 2012 Formula One World Championship, the Spanish team announced on Friday.

Gold prices held steady on Friday, on course for a fifth straight week of gains, as investors awaited a key U.S. labor market report after upbeat jobless claims data in the previous session helped send bullion to a two-month high.

The rupee rose on Friday, supported by dollar inflows, although choppy local shares and cautious sentiment across world financial markets ahead of key U.S. jobs data capped major gains in the local currency.

Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.

Mobbed by cameramen and with two fingers raised in a victory salute, Subramanian Swamy stood before the Supreme Court on Thursday, flushed with the vindication of an unrelenting legal campaign aimed at the country's most powerful politicians and the Congress party.

It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.

The BSE Sensex was subdued on Friday as some profit-taking emerged after the index rose more than 3 percent in the last three sessions, and as weak Asian markets ahead of key U.S. jobs data dented investor sentiment.

The rupee hit a three-month high on Thursday, encouraged by gains in domestic equities, and after manufacturing data in China and Germany boosted investor appetite in high-yielding emerging market assets.

The BSE Sensex rose 0.8 percent on Thursday to its highest close in nearly three months after strong manufacturing data in India and other major economies from China to Germany eased growth concerns and bolstered risk appetite.

Audi, the premium car brand of the Volkswagen Group , will launch seven new models in India and expand its dealers' network this year, as it looks to increase sales and market share in the luxury car segment.

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.

Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say.

Japan's ailing electronics giant, Sony Corp (6758.T), warned investors on Thursday it was heading for a worse-than-expected $2.9 billion annual loss, revealing the daunting task ahead for its incoming chief executive, Kazuo Hirai.

Seventy-four people were killed when supporters clashed at an Egyptian soccer match, prompting fans and politicians on Thursday to turn on the ruling army for failing to prevent the deadliest incident since Hosni Mubarak was ousted.

The Supreme Court on Thursday revoked all 122 telecoms licences issued under a scandal-tainted 2008 sale, a fresh embarrassment for the government and plunging the mobile network market of Asia's third-largest economy into uncertainty.

An extraordinary switch-hit six from David Warner and a Matt Wade half century fired Australia to a 31-run victory over India in the first of two Twenty20 matches on Wednesday.

The rupee hit a near three-month high on Wednesday, clawing back all early losses, supported by robust dollar inflows, local share gains and a recovery in the euro.

Gold rallied for a second day on Wednesday as the euro rebounded following upbeat German economic data, building on gains in January that marked the metal's strongest starting month in 32 years.

The BSE Sensex rebounded in late trade on Wednesday to post its highest close in 12 weeks, as metal producers and auto makers jumped, although investors were doubtful the rally could be sustained after a rise of nearly 12 percent so far this year.

Mahendra Singh Dhoni's offer to step aside as India captain if a better candidate can be found is a noble gesture given the team's woeful run of test form, but several former skippers believe the wicketkeeper remains the best man for the job.

Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR.

Federal prosecutors expanded their insider trading case against former Goldman Sachs Group Inc director Rajat Gupta on Tuesday, saying the illegal activity lasted longer and involved more trades than alleged.

The U.S. Defense Department on Tuesday repeated its willingness to share information about the Lockheed Martin Corp F-35 fighter jet if the Indian government expressed interest in buying the stealthy new, multinational fighter plane.

Hundreds of Nepali girls set to take part in the rite that weds them to the god Vishnu over the coming month, a symbolic time of weddings according to tradition in this Hindu nation.

Planned changes to Google Inc's privacy policies that have caught the attention of U.S. lawmakers would not take away the control its customers have over how data is collected and used.

Mahendra Singh Dhoni would readily step aside as India captain if there was a suitable replacement available, the under-fire skipper said on Tuesday.

India's potential combat jet deal with preferred bidder Dassault Aviation is one of the many the country wants to implement. It plans to spend about $50 billion over the next five years to upgrade its military.

Apple Inc has hired Dixons Chief Executive John Browett, who revived the British electronics retailer by emphasizing customer service, to lead the iPad maker's global retail expansion.