New Delhi / Bloomberg Bharti Airtel Ltd., India’s largest wireless operator by subscribers, said it will buy airwaves from Videocon Telecommunications Ltd. for six regions for 44.3 billion rupees ($662 million) to increase its network coverage. The carrier will use the 1,800 megahertz band spectrum for services in Bihar, Haryana, Madhya Pradesh, Uttar Pradesh East and West as well as ...

New Delhi / AFP Indian banks will strive to recover “every penny” from the troubled Kingfisher chief, who left the country owing more than $1 billion, the finance minister said on Thursday, as warnings sound over a mounting bad debt problem. More than a dozen lenders are chasing Vijay Mallya, dubbed the King of Good Times, for 90 billion rupees ...

Kuala Lumpur / DPA Some 1,500 Malaysian companies have investments totalling 11.46 billion ringgit (US$2.81 billion) in Asean, said Prime Minister Najib Razak. “Malaysia is among the main investors in Asean with our firms investing widely in banking, commodities, hotel and tourism, aviation, manufacturing, and utility and infrastructure. Intra-Asean investments have also increased,” the prime minister said in reply to ...