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Mumbai hit by big power cuts after technical glitch at Tata Power unit

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MUMBAI - Power cuts hit large areas of Indian financial capital Mumbai on Tuesday following a technical glitch at an electricity generation unit, but back-up generators at banks and brokerages ensured that financial business was largely unaffected.

Japan and India vow to boost defence ties during summit

TOKYO - Japan and India agreed on Monday to strengthen defence ties as Asia's second and third biggest economies keep a wary eye on a rising China, with Prime Minister Narendra Modi lashing out at the "expansionism" of some nations.

Business, Economy, Japan 01 Sep 2014

Islamic State issues video of beheading of U.S. hostage

DUBAI - The Islamic State militant group released a video on Tuesday purporting to show the beheading of a second American hostage, journalist Steven Sotloff, raising the stakes in its confrontation with Washington over U.S. air strikes on its insurgents in Iraq.

World 6:54am IST

India crush feeble England to clinch one-day series

LONDON - Shikhar Dhawan smashed a six to seal a crushing nine-wicket victory over hapless England in the fourth one-day international in Birmingham on Tuesday.

02 Sep 2014

Despite dangers, U.S. journalist Sotloff was determined to record Arab Spring's human toll

WASHINGTON - Even for a freelance journalist covering the tumult in the Arab world, Steven Sotloff's travels seemed nonstop.

World 6:11am IST

Ukraine rebels say they are poised to recapture Donetsk airport

BRUSSELS/DONETSK Ukraine - EU officials proposed sanctions on Tuesday to starve Russian firms of cash as punishment for Moscow's role in Ukraine, where rebels said they were storming Donetsk airport, potentially their biggest prize since turning the war's tide last week.

World 7:12am IST

100 days of Modi: Good for business, not so good for marginalised groups

NEW DELHI, Thomson Reuters Foundation - In his first 100 days, Prime Minister Narendra Modi has protected the food security of millions of Indians on the global arena, but early trends suggest his government's pro-business policy will hurt the environment and the poor.

02 Sep 2014

Malaysia's Maxis denies wrongdoing after police charges

MUMBAI - Malaysia's Maxis Communications Bhd, charged by Indian police in a telecoms scandal, denied any wrongdoing and said it would "vigorously" pursue all available legal remedies to defend itself and one of its directors.

Business, 02 Sep 2014

Pakistan parliament backs embattled prime minister as crisis deepens

ISLAMABAD - Pakistan's parliament threw its weight behind embattled Prime Minister Nawaz Sharif on Tuesday as a deepening crisis over violent protests demanding his resignation prompted fears of an army intervention.

World, South Asia 02 Sep 2014

Afghan talks on unity government collapse; crisis deepens

KABUL - Talks on a power-sharing deal between Afghanistan's rival presidential candidates have collapsed, a top leader said on Monday, rekindling fears of ethnic unrest over disputed election results.

World, South Asia 02 Sep 2014
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Segway’s India business pegs hope on tech-savvy Modi

Among the companies hoping for tax credits from the business-friendly BJP since its election victory in May is the Indian distributor of the Segway Personal Transporter. The company hopes that the government will recognise the battery-run two-wheeler as a green vehicle, a move that could spur sales of the expensive device in a country where many people today cannot afford it.

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