Bloomberg Hundreds of Takata Corp. airbag inflators pulled from cars in the auto industry’s biggest recall later ruptured in testing, showing the potential risks to drivers. Documents released Friday by the National Highway Traffic Safety Administration (NHTSA) reveal that of 245,000 recalled airbag inflators pulled from cars and tested, 660 ruptured. As many as 15 deaths worldwide have been …

  Bloomberg An Indian court issued arrest warrants for Malaysian billionaire T. Ananda Krishnan and Ralph Marshall, deputy chairman at Krishnan-controlled Astro All Asia Networks Plc, in connection with an investigation into alleged phone-license corruption. Krishnan controls Malaysia’s Maxis Group. A court in New Delhi said on Saturday it will split the matters into separate cases for allegations against Krishnan …

  Bloomberg Six years ago, India’s biggest share sale was in commodities. Now, as the IPO market heats up again, the key to investors’ hearts lies in finance. ICICI Prudential Life Insurance’s float has attracted strong demand, drawing orders of 10.5 times the amount of stock available to raise as much as 60.6 billion rupees ($909 million). It’s the nation’s …