A private security personnel stands guard outside an ICICI Bank branch in Kolkata January 29, 2014. REUTERS/Rupak De Chowdhuri/Files

ICICI sets quarterly record profit as Q3 net rises 14 pct

India's biggest private-sector lender booked a 14 percent rise in quarterly profit on Friday, roughly matching analyst estimates and setting a record, as growth in income from interest and fees outpaced growth in bad loans.  Full Article 

Coal India's base issue size of 5 pct fully covered - exchange data 2:51pm IST

MUMBAI - The government's sale of a 5 percent stake in Coal India Ltd was fully covered by 2.33 p.m. on Friday, data from stock exchanges showed. The offering has a green shoe option, or provision to sell an additional stake of 5 percent.

A passenger stands outside the SpiceJet Airlines ticket counter at the domestic airport on the outskirts of Agartala, November 26, 2012. REUTERS/Jayanta Dey/Files
Aviation

SpiceJet board approves share sale plan

Troubled carrier SpiceJet said its board has approved selling shares worth up to 15 billion rupees ($242.6 million) in the company, following a deal between its current majority owner and a co-founder leading a rescue plan. SpiceJet has been struggling to pay its bills due to a cash crunch and had briefly grounded planes in December.  Full Article 

Policemen escort driver Shiv Kumar Yadav (3rd R in black jacket) who is accused of a rape outside a court in New Delhi December 8, 2014. REUTERS/Adnan Abidi/Files

Victim of alleged rape sues Uber in U.S. court

A passenger who said she had been raped by an Uber driver in New Delhi sued the online car service in U.S. federal court, claiming the company failed to maintain basic safety procedures. In the lawsuit, the woman, who resides in Delhi and was not named, called Uber the "modern day equivalent of electronic hitchhiking."   Full Article 

England's James Anderson (3rd L) celebrates with team mates after taking the wicket of India's Mahendra Singh Dhoni (R) during their One Day International (ODI) tri-series cricket match at the WACA ground in Perth, Western Australia January 30, 2015. REUTERS/Hamish Blair
Cricket

India collapse for 200 against England in ODI

Ajinkya Rahane hit a patient 73 before England skittled out India for 200 in their crucial one-day tri-series match at Perth on Friday. Rahane added 83 runs with opening partner Shikhar Dhawan (38) in 20 overs before the wheels fell off the Indian innings.   Full Article | Slideshow 

A man walks past a TV screen broadcasting a news program about Islamic State hostages Jordanian air force pilot Muath al-Kasaesbeh (top R) and Japanese journalist Kenji Goto (top C), along a street in Tokyo January 29, 2015. REUTERS/Yuya Shino
Islamic State

Japan, Jordan working closely on fate of captive

Japan was working closely with Jordan on Friday to find out what was happening to a Japanese journalist held by Islamic State militants after a deadline passed for the release of an Iraqi would-be suicide bomber on death-row in Jordan.  Full Article 

A man walks past a graffiti, denouncing strikes by U.S. drones in Yemen, painted on a wall in Sanaa November 13, 2014. REUTERS/Khaled Abdullah/Files

US drone programme in Yemen faces intel gaps

The U.S. is facing increasing difficulty acquiring intelligence needed to run its stealth drone programme in Yemen, undermining a campaign against the most lethal branch of al Qaeda after Houthi rebels seized control of parts of the country’s security apparatus.  Full Article 

Armed volunteers prepare for patrol on their boat in Phang Nga province January 23, 2015.  REUTERS/Amy Sawitta Lefevre
Asia

Thai vigilantes take up fight against trafficking

A motley group of Thai civilians, frustrated by their government's lacklustre response to human trafficking, have taken up arms to patrol one of Asia's busiest smuggling routes.  Full Article 

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News, Views and Expert Opinion with Ankush Arora
    D H Pai Panandiker

    Why the RBI’s 25 bps rate cut was too little

    The 25 bps reduction is not a motivating force and will not revive industrial growth. What is relevant, however, is the change in the RBI’s thinking. If inflation weakens further, more rate cuts will follow. Had the January rate cut been significant, it would have revived India’s stagnant industries. Therefore, the RBI should cut the repo rate by at least 50 bps on Feb.3.  Full Article 

    Amit Ganguly

    Bowlers put pressure on team India, batting holds key in World Cup

    The India cricket team’s opening batsman Shikhar Dhawan has spent more time in the dressing room than the crease lately. The extended poor form of the left-hander, who saw a dream run with his batting back in 2013, is one of the major concerns as India embarks on a journey to defend their cricket world cup title.  Full Article 

    Girish Vanvari

    Budget 2015: How reforms can help Modi’s “Make in India” campaign

    The government’s “Make in India” initiative is being closely followed by Indian companies and foreign investors. A lot of hope rests on the BJP government’s first full-year budget following its victory in last year’s general election as the announcements made by Finance Minister Arun Jaitley will impact the investment cycle.  Full Article 

    Life

    David Lalmalsawma

    India's lone male tenor aims to sing opera in local key

    When Anando Mukerjee tells people in India that he's an opera singer, they are intrigued - and impressed. Mukerjee wants to change that. As India's only male tenor performing on the global stage, Mukerjee has made it his mission to demystify opera through live shows, social media and by adapting opera to an Indian context.  Full Article 

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