NEW DELHI German carmaker Volkswagen AG will begin producing a compact sedan at its plant in India in 2016 and has invested 85 million euros ($90 million) in the car, the company's local unit said in a statement on Wednesday.
ISTANBUL/NIZHNY TAGIL, Russia Russia sent an advanced missile system to Syria on Wednesday to protect its jets operating there and pledged its air force would keep flying missions near Turkish air space, sounding a defiant note after Turkey shot down a Russian fighter jet. | Video
NAGPUR, India Off-spinner Simon Harmer took four wickets while paceman Morne Morkel bagged three as South Africa skittled India for 215 in the first innings on the opening day of the third test on Wednesday.
MUMBAI French spirits group Pernod Ricard SA expects its operations in India to continue to post double-digit sales growth over the next five to 10 years and to soon replace China as its second-largest market by sales, top executives said.
KABUL Afghan security forces launched an operation on Wednesday to rescue 18 people captured by Taliban insurgents after their helicopter made an emergency landing in territory under the militants' control, the Ministry of Defence said.
WASHINGTON A U.S. investigation found that the deadly Oct. 3 air strike in Afghanistan that destroyed a hospital run by Medecins Sans Frontieres was a tragic and avoidable accident caused primarily by human error, a top U.S. military commander said on Wednesday.
U.S. private equity firm Bain Capital is selling shares in Hero MotoCorp Ltd, the world's largest seller of motorcycles and scooters, to raise as much as $116 million, IFR reported, citing a person close to the deal.
OSLO Government negotiators at a U.N. climate conference in Paris will meet on Sunday, a day earlier than planned, to let them get down to work before world leaders arrive for a summit on Monday.
SRINAGAR, India Indian army commandos killed three militants holed up in an officers' mess and another person was shot dead during a six-hour gunbattle at an army base in the disputed Kashmir region on Wednesday, a senior army officer said.
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