majority shareholder

Uninor slams Unitech, says auction will ensure transparency


August 1st, 2012 - 9:24 pm ICT by IANS
New Delhi, Aug 1 (IANS) Telecom service provider Uninor Wednesday slammed Unitech for opposing the proposed auction of its assets and said the move will in fact ensure full transparency ... Read more...

Posted in Business |

Wenger to get 55 million pounds for squad overhaul


February 20th, 2012 - 8:00 pm ICT by IANS
London, Feb 20 (IANS) Arsenal club management has given under-fire manager Arsene Wenger a purse of 55 million pounds to spend in the summer. The Frenchman has come under ... Read more...

Posted in Uncategorized |

Michael Laudrup steps down as Mallorca coach


September 27th, 2011 - 10:30 pm ICT by IANS
Madrid, Sep 27 (IANS) Michael Laudrup Tuesday announced that he was quitting as coach of Primera Liga football side Mallorca.The former Danish international, who was in his second season at ... Read more...

Posted in Sports |

SBI gets government nod for rights issue


June 8th, 2011 - 8:07 pm ICT by IANS
Bangalore, June 8 (IANS) The government has consented to the proposed rights issue of the State Bank of India (SBI) for raising about Rs.20,000 crore ($4.4 billion) by December, ... Read more...

Posted in Business |

Indian presence in English Premier League doubles


May 23rd, 2011 - 7:39 pm ICT by IANS
London, May 23 (IANS) With Blackburn Rovers surviving relegation and Queens Park Rangers back in top-flight, Indian presence in the forthcoming season of English Premier League is all set to ... Read more...

Posted in Sports |

Tata steel sells majority stake in refractory unit


April 21st, 2011 - 5:57 pm ICT by IANS
Mumbai, April 21 (IANS) Tata Steel Thursday said it would sell 51 percent stake of its refractory unit -- Tata Refractories Ltd (TRL) -- to Japanese firm Krosaki Harima Corporation."The ... Read more...

Posted in Business |

Madonna in negotiations to become nightclub owner


January 7th, 2011 - 5:25 pm ICT by ANI
London, Jan 07 (ANI): Madonna is in talks about becoming a player in the London nightclub scene."Madonna sees it as a natural move," the Telegraph quoted one of her associates ... Read more...

Posted in Entertainment |

Suzlon crosses 15 gigawatt of wind power installations worldwide


December 16th, 2010 - 6:01 pm ICT by IANS
New Delhi, Dec 16 (IANS) Wind turbine manufacturing major Suzlon group Thursday said it has installed over 15 gigawatt of cumulative wind turbines in 25 countries across the globe amounting to 9 ... Read more...

Posted in Business |

Ralph Nader Tries To Delay GM IPO


November 12th, 2010 - 8:26 pm ICT by GD
By Ranjan Bhaduri Nov 12, (THAINDIAN NEWS) Ralph Nader well known consumer advocate along with two consumer groups tried desperately to linger the planned IPO of US car manufacturer GM or General Motors. ... Read more...

Posted in World News |

REpower to supply turbines to Sweden’s Klagerup Kraft


September 15th, 2010 - 4:39 pm ICT by IANS
New Delhi, Sep 15 (IANS) REpower Systems, a subsidiary of wind power company Suzlon Energy, will supply three turbines to Sweden's Klagerup Kraft AB, to be installed by 2011. "REpower Systems, in which ... Read more...

Posted in Business |

Ruia Group to bid for south Korean SsangYong Motor


August 8th, 2010 - 8:48 pm ICT by IANS
Kolkata, Aug 8 (IANS) City-based Ruia Group Sunday said it will make a bid to buy out troubled South Korean SsangYong Motor Company. "Ruia Group is indeed bidding for SsangYong. This has been ... Read more...

Posted in Business |

Gemini Comm buys out African telecom firm


May 7th, 2010 - 5:46 pm ICT by IANS
New Delhi, May 7 (IANS) Network integration and telecom services provider Gemini Communication Friday said it has acquired Africa's Rosy Blue Wireless (RBW) for an undisclosed sum. RBW, a telecom and internet services ... Read more...

Posted in Business |

Stan Kroenke Purchases Rams, Not Arsenal


April 13th, 2010 - 9:41 pm ICT by GD
By Madhuri Dey St. Louis, Apr 13, (THAINDIAN NEWS) Stan Kroenke, the billionaire based in Missouri, has declared that he would be buying the 60% shares of the St. Louis Rams. He made ... Read more...

Posted in Business, Sports |

Sistema Shyam gets Rs.500 cr loan to fund expansion


March 30th, 2010 - 6:02 pm ICT by IANS
New Delhi, March 30 (IANS) Sistema Shyam TeleServices (SSTL), a joint venture between Russian conglomerate Sistema and India's Shyam group, has got a Rs.500-crore loan from Central Bank of India to fund ... Read more...

Posted in Business |

Sistema Shyam expects 10 mn user base by December


March 25th, 2010 - 9:31 pm ICT by IANS
New Delhi, March 25 (IANS) Sistema Shyam TeleServices (SSTL), a joint venture between Russian conglomerate Sistema and India's Shyam group, expects the user base of its MTS brand to reach 10 million ... Read more...

Posted in Business |

Will help Indo-Russia venture to expand: Putin


March 12th, 2010 - 9:14 pm ICT by IANS
New Delhi, March 12 (IANS) Russia will provide financial aid to expand Sistema Shyam TeleServices (SSTL), a joint venture of Russian conglomerate Sistema and India's Shyam group, Prime Minister Vladimir Putin said ... Read more...

Posted in Business |

Syndicate Bank net plunges 42 percent in Q3


January 30th, 2010 - 10:28 pm ICT by IANS
Bangalore, Jan 30 (IANS) State-run Syndicate Bank reported net profit of Rs.206 crore for the third quarter of fiscal 2009-10 against Rs.356 crore in the same period last year, a dip of ... Read more...

Posted in Business |

Sterlite to sell shares in US, raise $1.5 bn


July 16th, 2009 - 2:20 pm ICT by IANS
Mumbai, July 16 (IANS) Sterlite Industries, a leading copper producer, Thursday said it plans to raise $1.5 billion by selling shares in the US for further development of its power generation business ... Read more...

Posted in Business |

Tata-led Neotel denies problems between Indian, South African staff


June 9th, 2009 - 3:24 pm ICT by IANS
By Fakir Hassen Johannesburg, June 9 (IANS) The Tata-led Neotel consortium, which is developing South Africa's telecommunications as the country's second network operator, has rejected suggestions of "cultural clashes" between South African Indian ... Read more...

Posted in World |

Shyam Telelink becomes Sistema Shyam TeleServices


January 23rd, 2009 - 9:48 pm ICT by IANS
New Delhi, Jan 23 (IANS) Shyam Telelink Ltd, a joint venture between Russian telecom giant Sistema and India's Shyam Group, Friday announced the change of its name to Sistema Shyam TeleServices (SSTS). ... Read more...

Posted in Uncategorized |

Disney raises stake to 50 percent in UTV Software


December 8th, 2008 - 2:23 pm ICT by IANS
Mumbai, Dec 8 (IANS) Walt Disney Company (South East Asia) has raised its stake to more than 50 percent and has become the majority shareholder of UTV Software Communications, a UTV official ... Read more...

Posted in Entertainment |

STAR, Jupiter join hands, target south Indian TV audience


November 14th, 2008 - 8:47 pm ICT by IANS
Bangalore, Nov 14 (IANS) STAR, one of Asia's leading entertainment companies, and parliamentarian Rajeev Chandrasekhar's company Jupiter Entertainment Ventures Friday announced a joint venture targeting south India.The joint venture, the STAR Jupiter ... Read more...

Posted in Entertainment |

AIG halts lobbying after government takeover


October 21st, 2008 - 1:22 pm ICT by IANS
Washington, Oct 21 (DPA) Insurance giant American International Group Inc, which was bailed out of a cash-flow crisis last month by a loan that temporarily made the US government its majority shareholder, ... Read more...

Posted in World |

Reliance-MTN talks’ extension seen as sign of progress, investor confidence


July 11th, 2008 - 9:45 am ICT by IANS
By Fakir Hassen Johannesburg, 11 Jul (IANS) South African mobile giant MTN is still maintaining a firm silence on a possible deal with Reliance Communications, but analysts here said the fact that it ... Read more...

Posted in World |

Tata to partner Singapore firm for private jet company


February 19th, 2008 - 10:28 pm ICT by admin
Mumbai, Feb 19 (IANS) Singapore-based private jet operator BJets Monday announced that it will partner the Tata Group to set up a private jet company, where aircraft will be partly owned by ... Read more...

Posted in Business |

Green eatery that serves 100pct organic food opens in NYC


January 25th, 2008 - 9:21 pm ICT by admin
Washington, Jan 25 (ANI): The first green- and organic-certified restaurant has opened its doors in New York City.Gusto Grilled Organics is a Greenwich Village eatery serving 100 percent, organic, Latin-inspired cuisine for ... Read more...

Posted in World |

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