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MF Global Asia bidding extended on surge in offers

Bidding for MF Global's operations in Asia and Australia was extended by one day because of an influx of offers for the collapsed U.S. brokerage, a provisional liquidator for the company's Hong Kong unit said on Saturday.
Petrol

Will the Government Rollback Petrol Price Hike?

Following uproar from all quarters for hiking the price of petrol by 2.7 percent amidst inflated economy, sources from the ruling Congress party said that there is possibility of partially roll back in the hike.
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India top court grants bail to Satyam founder Raju

India's Supreme Court on Friday granted bail to Ramalinga Raju, founder and former chairman of outsourcing firm Satyam Computer Services Ltd, in a $1.5 billion financial fraud case, after the federal investigative agency failed to file charges on time.
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Interest costs, fx losses drag India's Bharti Q2 net down

India's top mobile phone carrier, Bharti Airtel, on Friday posted a bigger-than-expected 38 percent fall in fiscal second-quarter profit, hit by higher interest costs and losses on foreign exchange and in its African operations.
Indian bar girls perform at a dance bar in Bombay.

Reporter Delves Into World of Mumbai Dance Bars

Determined to reveal the India behind the glitz and glamour of its economic boom, Sonia Faleiro spent five years immersed in the brothels of Mumbai - befriending bar dancers, transsexuals and policemen.
Bharti Airtel

Bharti Airtel Net Down 38%, Falls More Than Expected

India's top mobile phone carrier Bharti Airtel on Friday reported a bigger-than-expected 38 percent fall in fiscal second-quarter profit, its seventh straight quarterly profit drop, hit by higher interest costs and foreign exchange losses.
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Europa finds buyers at American Film Market

Europa, a suspense drama about astronauts from different countries who head to the frigid glacial moon of Jupiter, has found a warm reception at this year's American Film Market, selling in 12 territories so far.
Kenya Airways Boeing B777-200ER plane is seen during a media tour at their maintenance hangar in Nairobi

Kenya Airways raises H1 profit ahead of cash call

Kenya Airways used fuel hedges to protect its bottom line from an escalation in direct costs in its first-half ended September, it said on Thursday, as it prepares to raise funds to finance its expansion.

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