investment firm

Obama plays China card against Romney


September 18th, 2012 - 10:49 am ICT by IANS
Washington, Sep 18 (IANS) With just 50 days to go for what is expected to be a close presidential race, President Barack Obama played the China card against his Republican ... Read more...

Posted in Politics |

Fewer women at top due to glass ceiling: Women entrepreneurs


August 7th, 2012 - 4:47 pm ICT by IANS
New Delhi, Aug 7 (IANS) Although more and more women are joining the workforce in India, a glass ceiling is keeping them away from top positions, women entrepreneurs feel.Participating ... Read more...

Posted in Business |

Queen’s cruise liner to stay in Dubai as floating hotel


July 3rd, 2012 - 1:10 am ICT by IANS
Dubai, July 2 (IANS/WAM) After four decades of cruising around the planet, the iconic QE2 -- named after Queen Elizabeth II -- will retire as a liner and ... Read more...

Posted in Business |

Rajat Gupta was on Rajaratnam’s ‘Important People’ list: Witness


May 23rd, 2012 - 11:56 am ICT by IANS
New York, May 23 (IANS) Former Indian-American director of Goldman Sachs director Rajat Gupta was once on convicted hedge fund billionaire Raj Rajaratnam's "important people" list, according to a prosecution ... Read more...

Posted in Business |

Renault, Russian firm set up JV


May 3rd, 2012 - 4:29 pm ICT by IANS
Moscow, May 3 (IANS/RIA Novosti) The Renault-Nissan alliance and Russian Technologies state corporation will set up a joint venture company which will have a 74.5 percent stake in Russia's largest ... Read more...

Posted in Business |

Death of Indian engineer in US being probed


April 25th, 2012 - 7:11 pm ICT by IANS
Washington, April 25 (IANS) US authorities are investigating the death of a 28-year old Indian engineer in his apartment in Dallas, according to the Telugu Association of North America (TANA).Nikhil ... Read more...

Posted in Uncategorized |

TVS Logistics gets $53 million equity funding


April 19th, 2012 - 6:19 pm ICT by IANS
Chennai, April 19 (IANS) Logistics major TVS Logistics Services Ltd Thursday announced that an agreement with an affiliate of Kohlberg Kravis Roberts & Co LP (KKR) and Goldman Sachs has ... Read more...

Posted in Business |

Warren Buffett diagnosed with prostate cancer


April 18th, 2012 - 6:41 pm ICT by IANS
Washington, April 18 (IANS) American billionaire investor Warren Buffett has been diagnosed with stage I prostate cancer, the CNN reported Wednesday.In a letter to shareholders of his firm Berkshire Hathaway, ... Read more...

Posted in Health |

Strong performance of Euro pushes gold prices up


February 21st, 2012 - 12:27 am ICT by Aishwarya Bhatt
Brussels, Feb 20 (THAINDIAN NEWS) Optimism that a deal may be in sight in the Greek crisis has sent the euro rising. Analysts say the strong performance of the euro has also ... Read more...

Posted in Business |

Karthikeyan joins Hispania to complete 2012 F1 line-up (Lead)


February 3rd, 2012 - 8:30 pm ICT by IANS
New Delhi, Feb 3 (IANS) Indian driver Narain Karthikeyan has secured the last remaining seat for the 2012 Formula One season with Hispania Racing Team signing him alongside the experienced ... Read more...

Posted in Sports |

Experts debate over the judgment in the Crystal Cox case


December 8th, 2011 - 10:45 pm ICT by Aishwarya Bhatt
Portland, Dec 8 (THAINDIAN NEWS) Experts say the ruling of a Portland judge that bloggers are not journalists may have far reaching implications on all those who write on the Internet.Crystal ... Read more...

Posted in World News |

MF Global CEO resigns, declines severance package


November 4th, 2011 - 8:45 pm ICT by IANS
Washington, Nov 4 (IANS) Jon Corzine stepped down Friday from running MF Global after the securities firm collapsed under the weight of his risky wagers on European debt.MF Global filed ... Read more...

Posted in World |

Advertising firm Jivox gets $8.2 mn venture funding


November 2nd, 2011 - 10:53 pm ICT by IANS
Bangalore, Nov 2 (IANS) Global interactive online video advertising firm Jivox Wednesday secured $8.2 million funding from Fortisure Ventures LLC headed by an Indian chief executive and three institutional investors.The ... Read more...

Posted in Business |

US firm invests in Indonesia’s media industry


October 18th, 2011 - 1:30 pm ICT by IANS
Jakarta, Oct 18 (IANS) Saban Capital Group, a Los Angeles-based investment firm, is buying 5 percent of Indonesia's Media Nusantara Citra (MNC) for 692.3 billion rupiah ($78.2 million), the Jakarta ... Read more...

Posted in World |

British workers in no mood to retire


August 31st, 2011 - 6:45 pm ICT by IANS
London, Aug 31 (IANS) Millions of financially strained people in Britain have no plans to retire, as they fear they may still be struggling to pay their bills when they ... Read more...

Posted in World |

US slaps sanctions on Libyan state broadcaster


May 6th, 2011 - 8:33 am ICT by IANS
Washington, May 6 (IANS) The US has imposed sanctions on Libya's state broadcaster and two other government-owned companies, Xinhua reported.The Department of Treasury's Office of Foreign Assets Control (OFAC) identified ... Read more...

Posted in Entertainment |

Facebook ‘to be worth $100b by next spring’


May 3rd, 2011 - 2:20 pm ICT by ANI
London, May 3 (ANI): Facebook's earnings are growing faster than the company had predicted in 2010, leading to speculation that it could be worth as much as 100billion dollars by next ... Read more...

Posted in Health Science |

Royal Emirates Group buys Spanish soccer club


April 22nd, 2011 - 11:13 am ICT by IANS
Dubai, April 22 (IANS/EFE) The Dubai-based Royal Emirates Group investment firm confirmed Thursday the purchase of Spanish first division soccer club Getafe, which is to be renamed "Getafe Team Dubai".The ... Read more...

Posted in Sports |

Arcelor, partner in virtual takeover of iron-ore giant


February 19th, 2011 - 2:34 pm ICT by IANS
By Gurmukh Singh Toronto, Feb 19 (IANS) With their final offer of buying the remaining common shares expiring Thursday, ArcelorMittal and Nunavut Iron Ore Acquisition have almost acquired total control of Toronto-based ... Read more...

Posted in Business |

Facebook To Unveil Its Financial Workings


January 24th, 2011 - 8:02 pm ICT by GD
By Madhuri Dey Jan 24, (THAINDIAN NEWS) World's largest social networking site Facebook may very soon unveil its financials. Yes the giant networking site plans to their financial information public from this very ... Read more...

Posted in Technology Industry News |

Trustee charges HSBC with funnelling disgraced Ponzi King Madoff’s massive fraud


December 6th, 2010 - 1:24 pm ICT by ANI
New York, Dec.6 (ANI): The court-appointed New York-based trustee trying to recover losses for victims of jailed Ponzi King Bernard Madoff has accused the Hong Kong and Shanghai Banking Corporation (HSBC) ... Read more...

Posted in World |

Micromax sells minority stake to venture capital firms


September 20th, 2010 - 9:13 pm ICT by IANS
New Delhi, Sep 20 (IANS) Indian mobile handsets maker Micromax Monday said that it has sold a minority stake amounting to Rs.2 billion to venture capital players Sequoia Capital and Sandstone Capital ... Read more...

Posted in Business |

Stanley Druckenmiller To Close Down His Hedge Fund


August 20th, 2010 - 3:31 am ICT by GD
By Gina Gomez Aug 19, (THAINDIAN NEWS) Stanley Druckenmiller, the Chief Operating Officer and Chairman of the Duquesne Capital Management sent shock waves across various quarters on Wednesday after he made the announcement ... Read more...

Posted in Business, World, World News |

Investment firm representatives meet Modi


August 5th, 2010 - 10:58 pm ICT by IANS
Gandhinagar, Aug 5 (IANS) A delegation comprising representatives of top investment firms of the US, Singapore, Hong Kong, Australia and Abu Dhabi, besides India, Thursday called on Chief Minister Narendra Modi ... Read more...

Posted in Business |

Aniston’s Comedy And Gnome Cartoon Among Miramax Sales


August 2nd, 2010 - 7:50 pm ICT by Sampurn Wire
August 2, 2010 (Sampurn Wire): Jennifer Aniston's comedy flick and the hilarious cartoon "Gnomeo and Juliet' that is produced by Elton John are amongst some of the "items' that are ... Read more...

Posted in Entertainment |

Disney Sells Miramax Studios For $660 Million To Filmyard Holdings


July 30th, 2010 - 6:45 pm ICT by Sampurn Wire
July 30, 2010 (Sampurn Wire): Walt Disney Co. has finally sold its Miramax film division to Filmyard Holdings LLC for more than $660 million thus ending the month long talks ... Read more...

Posted in Entertainment |

Dubai-based firm to launch $400 mn equity fund in India


July 21st, 2010 - 10:06 pm ICT by IANS
Dubai, July 21 (IANS/WAM) Dubai-based investment firm Evolvence Capital Wednesday announced its plan to launch a private equity fund in India, targeting a corpus of $400 million from institutional and high net ... Read more...

Posted in Business |

Third blow for Vedanta in a month as mine faces new probe


July 15th, 2010 - 4:19 pm ICT by ANI
London/New Delhi, July 15 (ANI): In the third major blow to Vedanta in a month, the Chief Secretary of the Indian state of Odisha (formerly Orissa) has ordered a new investigation into ... Read more...

Posted in National |

Rob Lowe In A Bid To Buy Miramax Films


July 8th, 2010 - 8:35 pm ICT by Pen Men At Work
July 8, 2010 (Pen Men at Work): Hollywood actor Rob Lowe is to expand his entrepreneur side as he is said be involved in buying the Miramax Films with the ... Read more...

Posted in Entertainment |

Rob Lowe Planning To Buy Miramax?


July 8th, 2010 - 7:42 pm ICT by GD
By Gina Gomez July 8, (THAINDIAN NEWS) Rob Lowe of "The Outsiders" fame is involved in a bid to buy Miramax Films with Tom Barrack's real estate investment firm, Colony Capital. A reputed ... Read more...

Posted in Entertainment |

Abu Dhabi man held for money laundering


July 1st, 2010 - 12:05 am ICT by IANS
Abu Dhabi, June 30 (IANS/WAM) One person was arrested here Wednesday for duping people of 102 million dirhams ($28 million) in the name of a non-existent investment firm. The 28-year-old man lured at ... Read more...

Posted in World |

Bolivia nationalises four power companies


May 2nd, 2010 - 1:20 pm ICT by IANS
La Paz, May 2 (IANS/EFE) Bolivian President Evo Morales Saturday nationalised three power companies with foreign capital and a local electricity cooperative during a ceremony to mark International Workers' Day. The nationalised power ... Read more...

Posted in Business |

“Jesse James Is A Broken Man,” Says Joe Yanny


April 4th, 2010 - 8:30 pm ICT by GD
By Ranjan Bhaduri Apr 4, (THAINDIAN NEWS) After a series of adultery scandals being flashed across all the major tabloids, there is supposedly nothing left between Sandra Bullock and Jesse James. In last ... Read more...

Posted in Entertainment |

George Lopez meets close friend Sandra Bullock


April 2nd, 2010 - 9:48 pm ICT by Pen Men At Work
April 2, 2010 (Pen Men at Work): Sandra Bullock has been able to rely on her close friends, which has been a bit of a relief now that her husband’s scandal ... Read more...

Posted in Entertainment |

Jon Corzine Joins MF Global As Chairman-CEO


March 24th, 2010 - 7:42 pm ICT by GD
By Ranjan Bhaduri New Jersey, Mar 24, (THAINDIAN NEWS) Jon Corzine was never a politician from the beginning of his career. He was a veteran financial analyst who rose to fame during his ... Read more...

Posted in Business |

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