Motherson Sumi to buy Finland's PKC Group for $609 million


HELSINKI India-based car parts maker and engineering group Motherson Sumi Systems Ltd has agreed to buy Finnish truck wire maker PKC Group for 571 million euros ($609 million), PKC said on Thursday.

Protesters in Tamil Nadu urge Modi to allow ancient bull-taming rite of 'jallikattu'

NEW DELHI Protests by thousands of people demanding the resumption of a traditional bull-taming festival have disrupted daily life across the state of Tamil Nadu, forcing its leader to urge intervention by Prime Minister Narendra Modi.

Executive actions ready to go as Trump prepares to take office

WASHINGTON Donald Trump is preparing to sign executive actions on his first day in the White House on Friday to take the opening steps to crack down on immigration, build a wall on the U.S.-Mexican border and roll back outgoing President Barack Obama's policies. | Video

India pip England in Cuttack run-fest to clinch series

CUTTACK, India Limited overs stalwarts Yuvraj Singh and Mahendra Singh Dhoni rolled back the years to smash scintillating centuries to help India secure a series-clinching 15-run victory in the second one-day international against England on Thursday.

Indian government wants Apple, but not all officials are biting

NEW DELHI Some Indian officials have baulked at Apple's demands for concessions before it assembles iPhones there, raising doubts about a spring deadline to launch a key project in Prime Minister Narendra Modi's campaign to lure foreign investors.

Lloyd's of London says India reinsurance branch to open by April

LONDON Lloyd's of London said on Thursday it received final regulatory approval for its reinsurance branch in India and will open in time for April reinsurance renewals.

India rules out lowering sugar import tax for now - govt source

NEW DELHI India, the world's biggest sugar consumer, has no plan to lower import duty on the sweetener, at least in the near term, a government official said on Thursday.

American man arrested in Hyderabad for online child porn, police probe trafficking links

BHUBANESWAR, India (Thomson Reuters Foundation) - A 42-year-old American has been arrested in Hyderabad on suspicion of circulating child pornography on the internet, police said on Thursday, adding that they were investigating whether any of the victims had been trafficked.

Hopes fade of finding survivors buried under avalanche in Italy

PENNE, Italy Hopes of finding survivors dwindled on Thursday more than 24 hours after an avalanche struck a luxury mountain hotel in Italy burying up to 30 people under tonnes of snow and debris. | Video

India to levy service tax on freight for imports on delivered basis

NEW DELHI Overseas exporters chartering foreign vessels to supply goods to India will have to pay a service tax on freight from Sunday, a government notification said.


Samsung Elec says to hold Galaxy Note 7 briefing on Jan 23

SEOUL Samsung Electronics Co Ltd said it will announce on Jan. 23 the results of a probe on what caused some Galaxy Note 7 smartphones to catch fire, as the firm seeks to recover from one of the biggest product safety failures in tech history.