General Motors India (GM) on Thursday said it will launch commercial vehicles and passenger cars from the stable of its Chinese partner Shanghai Automotive Indu-stry Corporation (SAIC) by the end of next year.

Lehman Brothers Holdings Inc’s estate has filed a lawsuit against JPMorgan Chase, alleging that the Wall Street major siphoned billions of dollars just days before the demise of the company.

Aditya Birla Retail Ltd (ABRL) on Thursday said that it will increase focus on its private labels business and is looking to introduce its own branded consumer durables and electronics products by 2012.

The government is banking on the private sector for the bulk of the $60 billion investment needed for its ambitious five-year programme to fill the “road deficit”, the Union highways minister, Mr Kamal Nath, said on Thursday.

Continuing to experiment with updates, Force India will run their own F-duct system, which gives the driver speed advantage on long straights, in this weekend’s Turkish Grand Prix here.

Around 300 athletes from the continent will participate in the Asian Grand Prix Athletic Championship to be held here on June 9, Organising Committee chairman W.I. Davaram said here on Thursday.

Four-time world champion M.C. Mary Kom (46kg) and L. Sarita Devi (51kg) were assured of at least a bronze medal each after they eased into the semifinals of the Asian women’s boxing championship in Astana, Kazakhstan.

A new-look Indian team will look to test their bench strength when they face Zimbabwe in the opening match of the triangular ODI series, also involving Sri Lanka, here on Friday.

Neeraj Patil, a leading NRI doctor, has been elected mayor of the Borough of Lambeth here.

Amid mounting criticism that it is betraying the trust of its users, world’s largest social networking site Facebook on Thursday overhauled its privacy controls under which the amount of information t