Embattled Air India seeks 'urgent' loan

Air India has announced it is seeking an urgent multi-million-dollar loan to maintain day-to-day operations, highlighting the wretched financial predicament of the country's debt-stricken national carrier.

How soil bacteria can protect against corrosion in steel

A Swansea University researcher, Alex Harold, has beaten over 5000 applicants to win an international award for her work using proteins derived from soil bacteria to develop a new anti-corrosion coating for steel.

India's TCS records fourth quarter profit

India's biggest IT sourcing firm Tata Consultancy Services (TCS) reported a 4.2 percent increase in quarterly earnings on Tuesday, just missing analysts' estimates.

India's TCS to pay $30 mn to settle US suit: reports

India's biggest software outsourcer TCS has agreed to pay $30 million to settle a lawsuit filed by two former employees in the US relating to unpaid wages, media reports said Wednesday.

India's IT giant TCS slumps despite profit boost

Shares in India's biggest outsourcing firm TCS slid as much as 5.1 percent Wednesday amid investor concern about the outlook for a sector dependent on demand from crises-hit Europe and the United States.

India's TCS announces 14.7% Q2 profit jump

India's biggest software exporter, TCS, said Monday its quarterly net profit rose 14.7 percent, marginally below estimates, as concerns over global uncertainty offset improved outsourcing demand.

India's Tata group to sell $700 flat-pack house

The Indian company that launched the world's cheapest car has unveiled its latest product for the fast-growing nation: a flat-pack house that costs just $700 and can be built in a week.

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