Frankfurt: Mercedes-Benz successfully defended its crown as the world’s best-selling luxury-car brand, beating out arch-rivals BMW AG and Volkswagen AG’s Audi for the fourth year in a row. The win emerged on Friday when BMW reported sales of its namesake branded vehicles rose 2 per cent to a record 2.17 million cars last year. Daimler […]

MUMBAI: India’s weddings are famously lavish — lasting days and with hundreds if not thousands of guests — but this season many families are cutting costs even if it risks their social standing. It is symptomatic of a sharp slowdown in the world’s fifth-largest economy, with Indians spending less on everything from daily essentials to […]

The Diwan of the Royal Court of Oman has declared an official three day mourning period in the country.

Tokyo – Carlos Ghosn’s accusations against Japan’s legal system are “absolutely intolerable”, Justice Minister Masako Mori said on Thursday, firing back at the auto executive-turned-fugitive shortly after his highly anticipated media appearance in Beirut. Speaking publicly for the first time since his dramatic escape from Japan, Ghosn said on Wednesday he had been treated “brutally” by […]

New Delhi: India’s Supreme Court revived the nation’s revenue department’s bid to investigate billionaire Gautam Adani’s companies, which the agency claims got undue tax benefits by overvaluing coal imports. A three-judge bench headed by Chief Justice S.A. Bobde on Wednesday put on hold a lower court’s ruling, effectively allowing the revenue office to seek information […]

New Delhi: India’s Tata Group scored a temporary victory in a corporate feud after the nation’s top court said an ousted chairman can’t return to his old job, a move that promises to reduce the legal distractions threatening to stunt growth at the $111 billion conglomerate. A three-judge Supreme Court bench on Friday put on […]

Heavy rain hit parts of Dubai on Friday evening.