For two centuries it rested a mile from shore, shrouded by a treacherous reef from the pleasure boaters and beachgoers who haunt New England's southern coast.

India and the European Union (EU) have made "substantial progress" towards concluding a free trade deal, European Council President Herman Van Rompuy said at an EU-India summit in New Delhi

Hospitals chain Fortis Healthcare (India) Ltd plans to add 600 beds in the country over the next six months and sees the hospitals business driving its growth in 2012/13 starting April, said Aditya

Pulled down by negative capital goods production, India's industrial output in December grew at a snail's pace at 1.8 percent, underlining the slowdown in the economy and putting pressure on policymakers to take steps to stem the fall.

Barclays' key investment bank arm ended 2011 with its worst quarter for three years as the euro zone debt crisis hit bond trading, dragging the British bank's annual profit down on the year before.

Tata Steel, the world's No. 7 steelmaker, expects demand recovery in its key European market to be volatile, but is hopeful the situation may improve in the second half of the coming fiscal year that

The Vodafone Group Friday named Analjit Singh as the non-executive chairman of its India operations.

Federal employees would pay more toward their pensions and new employees would receive less generous retirement benefits under a House Republican plan to pay for highway programs.

Groupon investors were expecting a better deal than the surprise loss the company delivered on Wednesday.