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Kingfisher tycoon Vijay Mallya charged in loan default case

MUMBAI Vijay Mallya, the Indian liquor and aviation tycoon, was charged on Tuesday with conspiracy and fraud connected to a 9 billion rupee ($132 million) loan granted by a government-owned bank, a spokesman for the Central Bureau of Investigation said.

BSE's up to $182.4 million IPO fully subscribed

MUMBAI An initial public offering of shares in Indian stock exchange BSE Ltd to raise up to 12.43 billion rupees ($182.42 million) was fully subscribed on the second day of the sale, stock exchange data showed.

China says will protect South China Sea sovereignty

BEIJING/WASHINGTON China said on Tuesday it had "irrefutable" sovereignty over disputed islands in the South China Sea after the White House vowed to defend "international territories" in the strategic waterway.

'La La Land' leads all-comers in 'not-so-white' Oscars line-up

LOS ANGELES Romantic musical "La La Land" became the movie to beat in the Academy Awards on Tuesday after earning 14 nominations in a diverse list that swept aside fears of another #OscarsSoWhite controversy at the industry's highest honors.

Bharti Airtel's profits plunge as India's price war bites

MUMBAI Bharti Airtel, India's largest telecoms network operator, reported its lowest profit in four years as competition from a new rival hit revenues that were also affected by a cash crunch, after the central government scrapped high-value banknotes.

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