Kotak Mahindra Bank Ltd, India's fourth-biggest private sector lender by assets, reported a better-than-expected 40 percent rise in fourth-quarter net profit, helped by higher interest and fee income even as its bad loans ticked up.
South Korean carmaker Kia Motors Corp signed a deal on Thursday to invest about $1.1 billion to build its first factory in India, aiming to tap a fast growing market at a time when its China sales are sagging.
Taiwan President Tsai Ing-wen said a direct phone call with U.S. President Donald Trump could take place again and urged the self-ruled island's political rival China to step up to its global responsibility to keep the peace as a large nation.
The International Cricket Council's board has voted to pass a new financial model to reverse a 2014 decision which effectively put India, England and Australia in control of the game's finances and administration.
A Russian naval intelligence ship sank off Turkey's Black Sea coast after colliding with a vessel carrying livestock on Thursday and all 78 personnel on board were evacuated, Turkey's coastal safety authority said.
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Turkish Prime Minister Binali Yildirim's advisers spoke to their Russian counterparts on Thursday to convey Ankara's sadness over the collision involving a Russian vessel off Turkey's Black Sea coast, sources at Yildirim's office said on Thursday.