Cairn Energy to claim $900 million damages from govt. for its losses

After initially declining to join the arbitration saying BITs (Bilateral Investment Treaties) do not cover tax disputes, India recently named its arbitrator

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Saudi court sentences poet to death for apostasy

In January, blogger Raif Badawi was flogged 50 times after his sentencing to 10 years in prison and 1,000 lashes for blasphemy

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Make-in-India initiative seen as growth driver for foundries

The Indian foundry industry expects $3 billion of investment in another 10 years to meet the potential demand of 30 million tonnes of castings in the country

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Did Mumbai Police go slow against Peter Mukerjea?

In a new twist to the high profile Sheena Bora murder case, media tycoon Peter Mukerjea has been booked for murder, criminal conspiracy, causing disappearance of evidence, kidnapping in order to murder.

from Top India News- IBNLive.com http://ift.tt/1Ms6tM6

Patel Integrated Logistics plans share sale

The company is planning to expand its network to cater to the growing needs of the ecommerce and manufacturing sectors

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News360: Terror alert in Malaysia ahead of ASEAN summit

A day before Prime Minister Narendra Modi is scheduled to attend the Association of South East Asian Nations (ASEAN) summit, a leaked Malaysian police report said there are 10 suicide bombers in Kuala Lumpur, where the country will host the Association of South East Asian Nations (ASEAN) summit this weekend.

from Top India News- IBNLive.com http://ift.tt/1Ms6vDC

FTIL sells residual stake and exits IEX

Jignesh Shah-promoted Financial Technologies India Ltd (FTIL) has completely sold its stake in Indian Energy Exchange (IEXO) by selling the last chunk of five per cent stake it held in the energy...

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