investment company

Four Iranians get death for $2.3 bn bank fraud


July 31st, 2012 - 9:39 am ICT by IANS
Tehran, July 31 (IANS/RIA Novosti) Four Iranian citizens charged with defrauding Iranian banks of $2.3 billion have been sentenced to death, the Mehr news agency reported."The convicts will be informed ... Read more...

Posted in World |

Italian fashion house Valentino sold


July 13th, 2012 - 4:15 pm ICT by IANS
London, July 13 (IANS) Italian fashion brand Valentino has been sold to Qatari royals - Mayhoola for Investments S.P.C. - for an undisclosed amount.Mayhoola for Investments S.P.C., an investment company ... Read more...

Posted in Life Style |

Russian auto-maker builds 27 millionth car


May 17th, 2012 - 4:31 am ICT by IANS
Moscow, May 17 (IANS) Russia's largest car-maker AvtoVAZ has built its 27 millionth car at the company plant in Togliatti city, RIA Novosti reported.The milestone car was a Lada Priora ... Read more...

Posted in World |

In UAE island, rent a house to own it


April 17th, 2012 - 4:37 pm ICT by IANS
Abu Dhabi, April 17 (IANS/WAM) An island resort in the United Arab Emirates (UAE) has come up with a residential complex where people will be able to rent an apartment ... Read more...

Posted in Business |

Mallya pumps in $32 mn into Force India (Lead)


March 13th, 2012 - 6:05 pm ICT by IANS
London, March 13 (IANS) Sahara Force India team principal Vijay Mallya has pumped in $32 million into his Formula One team ahead of the season opener in Melbourne Sunday.Watson, the ... Read more...

Posted in Uncategorized |

Mallya pumps in 20 million pounds into Force India operation


March 13th, 2012 - 5:53 pm ICT by IANS
London, March 13 (IANS) Sahara Force India team principal Vijay Mallya has pumped in $32 million into his Formula One team ahead of the season opener in Melbourne Sunday.Watson, the ... Read more...

Posted in Sports |

Berlusconi to take over AC Milan from daughter


February 17th, 2012 - 10:48 pm ICT by IANS
Milan, Feb 17 (IANS/AKI) Former Italian prime minister Silvio Berlusconi says he will take over his daughter Barbara's job as chairman of his AC Milan soccer team."Maybe by the ... Read more...

Posted in Uncategorized |

Former F1 driver Perez-Sala named new HRT team principal


December 15th, 2011 - 6:59 pm ICT by IANS
Madrid, Dec 15 (IANS) Former Formula One driver Luis Perez-Sala was Thursday appointed the team principal of Hispania Racing Team (HRT) after the exit of Collin Kolles, who was part ... Read more...

Posted in Sports |

Peerless mutual fund introduces equity offering


September 7th, 2011 - 10:48 pm ICT by IANS
Kolkata, Sep 7 (IANS) Peerless Funds Management Company, a subsidiary of the Peerless General Finance and Investment Company (PGFI), Wednesday launched its first equity offering targeting BSE-500 stocks.The Kolkata-headquartered ... Read more...

Posted in Business |

Warren Buffett seems to have chosen his successor


August 16th, 2011 - 10:43 pm ICT by Aishwarya Bhatt
New York, Aug 16 (THAINDIAN NEWS) Multi billionaire and investment mogul Warren Buffet has revealed that his successor has been chosen. The man regarded as having the magic wand for the stock ... Read more...

Posted in Business |

China’s n-power developers seek equity investors


July 30th, 2011 - 3:12 pm ICT by IANS
Beijing, July 30 (IANS) China's nuclear power developers are turning to equity investors for funding as interest rate hikes and Japan's nuclear crisis have resulted in fewer bank loans.A subsidiary ... Read more...

Posted in Uncategorized |

Hero Honda hires global brand specialist Wolff Olins


March 10th, 2011 - 9:09 pm ICT by IANS
New Delhi, March 10 (IANS) Hero Honda Motors Ltd (HHML) Thursday said it has signed up international brand specialist Wolff Olins to give the world' largest two-wheeler maker a new ... Read more...

Posted in Business |

Chelsea Football club owner Roman Abramovich to run for the Russian parliament


December 17th, 2010 - 9:40 pm ICT by Aishwarya Bhatt
Moscow, Dec 17 (THAINDIAN NEWS) There are reports that Chelsea Football club owner Roman Abramovich is planning to contest for his re-election into the Russian parliament. It may be recalled that he ... Read more...

Posted in World News |

Monte-Carlo SBM to open beach club off UAE coast


November 13th, 2010 - 10:53 pm ICT by IANS
Abu Dhabi, Nov 13 (IANS/WAM) Monaco-based hospitality giant Monte-Carlo SBM will open a beach club for the tourists on the Sasdiyat Island off the coast of the United Arab Emirates (UAE).The luxury ... Read more...

Posted in Business |

Charlotte Church sells her new album on shopping channel


October 20th, 2010 - 6:19 pm ICT by ANI
London, Oct 20 (ANI): Charlotte Church is selling her new album on the home shopping channel QVC to boost her record sales.The 24 year old is making her pop comeback after taking ... Read more...

Posted in Entertainment |

MJ’s kids want to ‘buy back Neverland’


October 18th, 2010 - 12:59 pm ICT by ANI
London, Oct 18 (ANI): Michael Jackson's children want to buy back Neverland, the ranch the King of Pop called home, it has emerged.Prince Michael, 13, and Paris, 12, want to turn ... Read more...

Posted in Entertainment |

Manipur’s investment company dupes thousands of depositors


October 16th, 2010 - 10:26 pm ICT by ANI
Imphal, Oct.16 (ANI): A huge crowd of investors on Saturday gathered outside the residence of an agent of a non-banking financial company.People accused the Jainex International Trade (JIT) for duping them ... Read more...

Posted in National |

Peerless in pact with UBI for mutual fund products


September 16th, 2010 - 6:13 pm ICT by IANS
Kolkata, Sep 16 (IANS) Peerless Funds Management Company Ltd (PFMCL) Thursday joined hands with United Bank of India (UBI) to distribute its mutual fund products through select branches of the bank. "PFMCL has ... Read more...

Posted in Business |

Hundreds of Hawksbill turtles hatch on Saadiyat island


August 8th, 2010 - 9:34 pm ICT by IANS
Abu Dhabi, Aug 8 (IANS/WAM) More than 350 endangered Hawksbill turtles, named for their conspicuous beaked snouts, have hatched on UAE's Saadiyat island, an official said Sunday. The moment they emerge, the turtles ... Read more...

Posted in Environment |

Meet Britain’s oldest newlyweds, with a combined age of 184


July 26th, 2010 - 6:45 pm ICT by ANI
London, July 26 (ANI): When Henry Kerr met an attractive younger woman four years ago; he feared she wouldn't even look at him.But 97-year- old Kerr's dream became a reality when he ... Read more...

Posted in World |

Accor, Interglobe launch investment fund in India


July 21st, 2010 - 9:38 pm ICT by IANS
New Delhi, July 21 (IANS) Europe's largest hotelier Accor and its local partner travel corporation Interglobe Wednesday announced the setting up of an investment fund to further expand their business in ... Read more...

Posted in Business |

Jayanta Roy new Indian Chamber of Commerce chief


July 6th, 2010 - 11:43 pm ICT by IANS
Kolkata, July 6 (IANS) Jayanta Roy of the Peerless General Finance and Investment Company Ltd. has been elected as the president of the Indian Chamber of Commerce (ICC) for the year 2010-11, ... Read more...

Posted in Business |

Al Gore’s daughter Karenna’s marriage is also on the rocks


June 10th, 2010 - 8:54 pm ICT by Aishwarya Bhatt
Following in the footsteps of her parents – Al Gore and Tipper Gore, Karenna Gore’s marriage is also on the rocks. She has already separated from her husband Andrew Schiff, since the ... Read more...

Posted in World News |

Jordan to launch first low-cost carrier


June 8th, 2010 - 10:22 pm ICT by IANS
Sharjah, June 8 (IANS/WAM) Air Arabia has teamed up with an Amman-based investment company to launch Jordan's first low-cost carrier. Air Arabia and Tantash Group Monday signed the joint agreement in this regard ... Read more...

Posted in Business |

Australian developer, associate killed execution style in Pak hotel room


May 6th, 2010 - 2:31 pm ICT by ANI
Melbourne, May 6 (ANI): The deaths of a Pakistani-Australian developer and his Hong Kong associate are being treated as execution-style murders after their bodies were found in a Pakistan hotel room.The ... Read more...

Posted in World |

Abu Dhabi launches scholarship for engineering aspirants


April 18th, 2010 - 12:43 pm ICT by IANS
Abu Dhabi, April 18 (IANS/WAM) At least 1,700 meritorious students of grade 12 in Abu Dhabi will participate in a scholarship programme aimed at helping engineering aspirants pursue training in advanced technology. The ... Read more...

Posted in World |

Prosecutors launch Madoff investigation into bank and investigation company


April 7th, 2010 - 4:54 am ICT by BNO News
HARTFORD, CONNECTICUT (BNO NEWS) -- Connecticut Attorney General Richard Blumenthal on Tuesday said that his office and the State Department of Banking is conducting a 'wide-ranging' investigation into allegations that ... Read more...

Posted in Business |

Is The ‘Tri Energy Inc.’ Another Ponzi Scheme?


April 3rd, 2010 - 7:19 pm ICT by GD
By Gina Gomez Los Angeles, Apr 3, (THAINDIAN NEWS) More and more companies today are resorting to clean and renewable energy sources in order to meet the demands of "green technology" to ... Read more...

Posted in Business |

Non-banking financial firms happy with Pranab’s budget


February 26th, 2010 - 6:08 pm ICT by IANS
Kolkata, Feb 26 (IANS) The Non-Banking Financial Corporations (NBFCs) Friday welcomed Union Finance Minister Pranab Mukherjee's budget proposal to provide banking licenses to private sector players, saying it was a positive ... Read more...

Posted in Business |

Peerless scouts for foreign partner for mutual fund arm


February 9th, 2010 - 7:32 pm ICT by IANS
Kolkata, Feb 9 (IANS) Peerless Funds Management Company Ltd (PFMCL) is scouting for a foreign partner to further strengthen the business, a company official said here Tuesday. PFMCL, wholly owned subsidiary of Kolkata-based ... Read more...

Posted in Business |

Hugh Hefner ’sued for not selling sinking Playboy’


February 9th, 2010 - 12:03 pm ICT by ANI
Melbourne, Feb 09 (ANI): A Playboy shareholder has filed a lawsuit against Hugh Hefner for refusing to sell his company despite the adult entertainment business allegedly falling apart.The shareholder has alleged ... Read more...

Posted in Entertainment |

New Zealand firm to hold fair to attract investors


January 20th, 2010 - 9:02 pm ICT by IANS
New Delhi, Jan 20 (IANS) Auckland-based investment company NZ Financial Solutions is organising a two-day event here from Jan 23 to boost investments in real estate, sports and lifestyle opportunities in New ... Read more...

Posted in Business |

‘Investment company not suing Nicolas Cage for fraud’


December 28th, 2009 - 2:52 pm ICT by ANI
Washington, Dec 28 (ANI): Nicolas Cage is not facing a lawsuit of 36.7 million dollars from an investment company, according to reports.People magazine has clarified Christmas reports suggesting that the 'City of ... Read more...

Posted in Entertainment |

Reserve Bank to study impact of Dubai’s debt problem


November 27th, 2009 - 9:50 pm ICT by IANS
Hyderabad, Nov 27 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao Friday said the bank will measure the extent of Dubai's debt problem as well as its impact on Indian economy. ... Read more...

Posted in Business |

Brad Pitt ‘turns down $5m public appearance offer to spend time with kids’


November 20th, 2009 - 1:12 pm ICT by ANI
New Delhi, November 20 (ANI): Brad Pitt has reportedly refused 5-million-dollar offer for a public appearance to spend quality time with his family.The 'Burn After Reading' star was set to attend ... Read more...

Posted in Entertainment |

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