India’s lower house moved to create a new state in the south to resolve a 50-year dispute, risking unrest where Google Inc. and Microsoft Corp. have their offices as the ruling Congress Party seeks votes before elections.
India’s ruling Congress party may promise voters legal rights to basic facilities like toilets, drinking water and housing in a bid to surprise pollsters and win a third term in elections due by May, a senior leader said.
As the helicopter carrying top Indian opposition leader Narendra Modi descended toward a rally in the grounds of the turreted Bangalore Palace, the crowd of more than 300,000 erupted in applause and chanted his name.
Adelphia Communications Corp. was illegally coerced through the use of commercial loans by Citigroup Inc. , Credit Suisse Group AG and other banks trying to get lucrative investment banking work, a lawyer seeking recovery for the defunct cable television company’s creditors said.
An Indian court found politician Lalu Prasad, an ally of Prime Minister Manmohan Singh, guilty of embezzlement in a 17-year-old graft case that may redraw alliances before national elections due by May.
New York’s highest court was asked by Bank of America Corp. , UBS AG and other institutions to reinstate their lawsuit claiming that bond insurer MBIA Inc.’s 2009 restructuring was intended to defraud policyholders.