INDIA

President Mohamed Nasheed of the Maldives

VP Manik is New President of Maldives

President Mohamed Nasheed of the Maldives, widely credited with bringing democracy to the Indian Ocean archipelago, handed over the post to Vice-President Mohamed Waheed Hassan Manik.
More news
Mohamed Nasheed

Maldives President Quits; Suspects Coup

President Mohamed Nasheed of the Maldives, widely credited with bringing democracy to the hideaway resort islands, resigned on Tuesday after weeks of opposition protests erupted into a police mutiny and what an aide said amounted to a coup.
Kingfisher

Indian Airlines Can Import Jet Fuel Directly

Indian airlines will be allowed to import jet fuel directly under a proposal from a ministerial panel, Aviation Minister Ajit Singh said, sending airline shares sharply higher on the prospect they will be able to cut costs.
IBTimes Logo

China Bars its Airlines from EU Emissions Scheme

China on Monday barred its airlines from a European scheme to reduce carbon emissions, hardening its stance a week before a summit at which the European Union will seek Chinese help to ease its debt crisis.
Uninor

Telenor to Fight Supreme Court Order on Licence Cancellation

Norway's Telenor ASA (TEL.OL) plans to fight an order by the Supreme Court to cancel 122 telecoms licences held by its Indian joint venture, but has not ruled out abandoning the country altogether, the head of the company's Asian operations said.
BSE Sensex

BSE Sensex Rises for Fifth Straight Session

The BSE Sensex rose for the fifth straight session on Monday, ending 0.58 percent higher, after last week's robust U.S. jobs data helped improve risk appetite, but the rally in the local market is expected to take a breather soon.
BSE Sensex

Indian Stocks Rise on U.S Job Data Boost

Indian stock markets opened on a positive note and continued to trade in the green on Monday, boosted by unexpectedly healthy news from the U.S. jobs front that is widely seen as a sign of global economic recovery.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.