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  • Malaysian PM Mahathir Mohamad to scrap China backed $22 billion projects

    The projects include a railway connecting Malaysia's east coast to southern Thailand and Kuala Lumpur, and two gas pipelines.

  • Wing part found on Mauritius confirmed to be part of MH370

    The piece of wing flap was found in May and subsequently analysed by experts at the Australian Transport Safety Bureau, which is heading up the search for the plane in a remote stretch of ocean off Australia's west coast.

  • AirAsia announces discount on domestic, foreign travel

    The airline's year-end sale has fares starting from Rs 999 inclusive of all taxes for a one-way journey to domestic destinations such as Bengaluru, Kochi, Hyderabad, New Delhi, Guwahati, Jaipur, Pune, Imphal among other destinations connected by AirAsia India, it said.

  • AirAsia India March qtr loss narrows to Rs 7.8 crore

    The airline had reported a net loss of Rs 26 crore in the December quarter and Rs 65 crore in the July-September period.

  • Home healthcare provider Portea gets $37.5 mn funding

    International Finance Corporation (IFC), an arm of the World Bank, and existing investors Qualcomm Ventures and Ventureast also participated in the funding round, Portea said in a statement. Accel had also previously invested in the company.

  • Rationalising products to become specialised player: Biocon

    Biocon's Kiran Mazumdar Shaw said the company deliberately took a hit on its topline in order to rationalize products. Biocon is focusing towards being a specialized products player.

  • AirAsia offers 3 million seats at discounted prices

    As part of this mega sale offer, AirAsia has rolled out fares as low as Rs 3,399 for a Visakhapatnam-Kuala Lumpur and Rs 3,699 for travel on Kochi-Kuala Lumpur sector, the airline said here.

  • Missing Malaysian plane mystery deepens, no debris found

    The Beijing-bound Boeing 777-200 flight of Malaysia Airlines had 227 passengers aboard, including five Indians and one Indian-origin Canadian, and 12 crew members.

  • AirAsia to take off in Indian skies by February

    AirAsia's launch, which was supposed to take place in January has been delayed by a month as the Malaysian airline has been awaiting operator's permit from aviation regulator, DGCA.

  • FIPB approves AirAsia's India investment plans

    The Finance Ministry today cleared the investment proposal of Malaysian budget carrier AirAsia which seeks to enter India through a joint venture with Tata Group and another company.

  • India calls for Malaysia cos in road projects

    India on Thursday sought investment from Malaysian companies in road-development projects in the country,stating that it had embarked on a massive national highway building programme.

  • Somali pirate kingpins enjoy 'impunity': UN experts

    Somalia's president has shielded a top pirate leader from arrest by issuing him a diplomatic passport, according to a United Nations investigation which criticises the "climate of impunity" enjoyed by pirate kingpins in Somalia and abroad.

  • LIC Housing 'examining' opportunities in S'pore, Malaysia

    LIC Housing Finance today said it is 'examining' opportunities in the Singapore and Malaysian markets as it seeks to expand its overseas presence. "We are getting demands from Singapore and Malaysia. We will examine it...", LIC director and chief executive V K Sharma told reporters here.

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