Timberlake to buy stake in basketball team?
September 9th, 2012 - 5:53 am ICT by IANS
Los Angeles, Sep 9 (IANS) Actor-singer Justin Timberlake is reportedly planning to buy a small stake in his native Tennessee's basketball team Memphis Grizzlies.According to CommercialAppeal.com, Timberlake is said ... Read more...
Posted in Entertainment |
China launches rare earth trading platform
August 8th, 2012 - 2:35 pm ICT by IANS
Beijing, Aug 8 (IANS) China Wednesday launched a trading platform for rare earth metals as part of its efforts to regulate the sector and strengthen its pricing power for the ... Read more...
Posted in Business |
Australia’s largest beef producer to employ Indian workers
June 3rd, 2012 - 3:32 pm ICT by IANS
Melbourne, June 3 (IANS) Anticipating hardships in finding skilled workers onshore, the largest beef producer of the continent, Australia Agriculture Co (AAco), may recruit hundreds of Indian workers for its ... Read more...
Posted in Business |
Russian social network delays IPO after Facebook crash
May 30th, 2012 - 11:37 am ICT by IANS
Moscow, May 30 (IANS/RIA Novosti) VKontakte, one of Russia's most-popular social networks, has postponed its initial public offering indefinitely after the flotation of the world's largest social network Facebook ... Read more...
Posted in Sci-Tech |
Yahoo CEO steps down
May 14th, 2012 - 6:03 am ICT by IANS
Washington, May 14 (IANS) Yahoo chief executive officer (CEO) Scott Thompson has resigned and the company has named Ross Levinsohn as interim CEO, Yahoo said Sunday.The company said its board ... Read more...
Posted in World |
Rupert Murdoch urged to quit
April 3rd, 2012 - 8:47 pm ICT by IANS
London, April 3 (IANS) An influential shareholder has urged Rupert Murdoch to quit as chairman of the US-based News Corp so the company can appoint an independent leader.The Christian Brothers ... Read more...
Posted in Uncategorized |
Salman invests in Yatra.com
March 28th, 2012 - 3:17 pm ICT by IANS
Mumbai, March 28 (IANS) Bollywood star Salman Khan has turned into a businessman - he has invested in the online travel portal Yatra.com and will also be the face ... Read more...
Posted in Entertainment |
Bhutia signs off with an Audi Q8
January 10th, 2012 - 9:13 pm ICT by IANS
New Delhi, Jan 10 (IANS) Former India captain Bhaichung Bhutia signed off with an Audi Q8 in his farewell match against Bayern Munich at the Jawaharlal Nehru Stadium here ... Read more...
Posted in Uncategorized |
GMR completes Singapore arm stake sale to PETRONAS
December 29th, 2011 - 5:55 pm ICT by IANS
New Delhi, Dec 29 (IANS) PETRONAS Power, a subsidiary of Malaysian oil firm PETRONAS, has paid SG$50 million ($38.4 million) for 30 percent stake in GMR Energy (Singapore), a subsidiary ... Read more...
Posted in Business |
Etihad buys 29 percent stake in Air Berlin
December 19th, 2011 - 11:10 pm ICT by IANS
Abu Dhabi, Dec 19 (IANS/WAM) UAE's national carrier Etihad Airways has bought a 29.21 percent stake in Air Berlin, it was announced Monday.The deal will bring the total number of ... Read more...
Posted in Business |
SBI expects Rs.30-40 bn capital infusion soon
December 10th, 2011 - 9:57 pm ICT by IANS
Kolkata, Dec 10 (IANS) India's biggest lender, State Bank of India (SBI) Saturday said it expects a capital infusion of Rs.30 to 40 billion in December this year or ... Read more...
Posted in Business |
Delta acquires minority stake in Brazilian airline
December 8th, 2011 - 12:14 pm ICT by IANS
Sao Paulo, Dec 8 (IANS/EFE) Delta Air Lines will pay $100 million for a "strategic" minority stake in Brazil's Gol, the two companies said Wednesday.Under the terms of the agreement, ... Read more...
Posted in Business |
Tata Group scrips lacklustre a day after after Mistry appointment
November 24th, 2011 - 2:34 pm ICT by IANS
Mumbai, Nov 24 (IANS) A day after the Tata Group chose Cyrus Mistry as the successor to Ratan Tata, the markets reacted tepidly to the news and the conglomerate's scrips ... Read more...
Posted in Business |
`Clown’ steals money from Chilean casino
November 2nd, 2011 - 11:44 am ICT by IANS
Santiago, Nov 2 (IANS/EFE) A man in a clown costume took advantage of an all-night Halloween party at a casino south of the Chilean capital to steal $12,000 in cash ... Read more...
Posted in Uncategorized |
New Zealand news agency shuts down - after 132 years
September 1st, 2011 - 4:51 pm ICT by IANS
Wellington, Sep 1 (IANS) "We now sign off," said a New Zealand news agency that closed after 132 years.
New Zealand Press Association shut down after Fairfax Media, joint shareholder along ... Read more...
Posted in World |
GVK to buy Siemens’ Bangalore airport stake
August 22nd, 2011 - 9:42 pm ICT by IANS
Mumbai, Aug 22 (IANS) GVK Power and Infrastructure Monday said that it will buy Siemens' 14 percent stake in Bangalore International Airport Limited (BIAL).The deal has been struck at Rs. ... Read more...
Posted in Business |
South African Neotel is now Tata Communications subsidiary
June 14th, 2011 - 8:03 pm ICT by IANS
Mumbai, June 14 (IANS) India's Tata Communications Tuesday said it had hiked its stake in South Africa based fixed line services operator Neotel to 61.5 percent from the earlier 49 ... Read more...
Posted in Business |
Supreme Court to hear Kanimozhi bail plea June 20
June 13th, 2011 - 1:05 pm ICT by IANS
New Delhi, June 13 (IANS) The Supreme Court Monday issued notice to the Central Bureau of investigation (CBI) on the bail pleas of DMK MP Kanimozhi and Kalaignar TV managing ... Read more...
Posted in Uncategorized |
Karunanidhi blames centre for Kanimozhi’s arrest
June 6th, 2011 - 11:21 am ICT by IANS
Chennai, June 6 (IANS) DMK chief and former Tamil Nadu chief minster M. Karunanidhi has blamed the central government for his daughter Kanimozhi's arrest in the 2G spectrum scam case.Speaking ... Read more...
Posted in Politics |
Why isn’t Dayalu Ammal charged in 2G scam, asks BJP
April 25th, 2011 - 7:36 pm ICT by IANS
New Delhi, April 25 (IANS) The Bharatiya Janata Party (BJP) Monday questioned the Central Bureau of Investigation (CBI) for not naming Tamil Nadu Chief Minister M. Karunanidhi's wife Dayalu ... Read more...
Posted in Politics |
Ex-Harrods boss Al Fayed to make bid for 007 film studio
April 22nd, 2011 - 2:48 pm ICT by ANI
London, Apr.22 (ANI): Former Harrods boss Mohamed Al Fayed is poised to make an offer on the James Bond studiosAccording to the Daily Mail, Al Fayed is seeking to become a movie ... Read more...
Posted in Sports |
Telenor asks Sanjay Chandra to step down as Unitech Wireless chief
April 20th, 2011 - 7:43 pm ICT by IANS
New Delhi, April 20 (IANS) Norway-based telecom major Telenor has asked Sanjay Chandra, chairman of its Indian arm Unitech Wireless and co-accused in the case involving award of second generation ... Read more...
Posted in Business |
Ecclestone denies News Corp’s F1 takeover bid
April 20th, 2011 - 12:42 pm ICT by ANI
London, Apr 20(ANI): Bernie Ecclestone has insisted that Formula One is not for sale in the wake of reports that multi-billionaire tycoon Rupert Murdoch's media group, News Corporation, might be preparing a ... Read more...
Posted in Sports |
GMR Infrastructure divests stake to Chinese company
April 12th, 2011 - 5:42 pm ICT by IANS
New Delhi, April 12 (IANS) GMR Infrastructure Tuesday said it had completed the divestment of 50 percent stake in power generation firm InterGen to China's Huaneng Group for over $1.2 ... Read more...
Posted in Business |
American billionaireset to take over Gunners
April 11th, 2011 - 2:37 pm ICT by ANI
London, Apr.11 (ANI): American billionaire Stan Kroenke is set to acquire a majority stake in Arsenal.He is already the largest shareholder, having compiled more than 29 per cent, and has now ... Read more...
Posted in Sports |
Sauber CEO becomes first woman to head Formula One team operations
April 10th, 2011 - 6:10 pm ICT by ANI
Sepang, Apr 10 (ANI): Indian-born Monisha Kaltenborn, the Chief Executive Officer of Sauber Formula One team, will be the first woman to head company's business operations.Kaltenborn has been CEO for the Sauber ... Read more...
Posted in World |
Spanish firm sells wind farms in Mexico for $89 mn
April 1st, 2011 - 11:33 am ICT by IANS
Madrid, April 1 (IANS/EFE) Spain's Preneal Group, the largest shareholder in Eolia Renovables, has sold two wind farms with 396 MW of generating capacity in Mexico's Oaxaca state to several ... Read more...
Posted in Uncategorized |
LVMH to acquire Bulgari for 3.7 bln euros
March 8th, 2011 - 3:48 pm ICT by IANS
Rome, March 8 (IANS/AKI) French luxury goods maker LVMH Moet Hennessy Louis Vuitton will acquire control of Italian competitor Bulgari in a deal worth about 3.7 billion euros.LVMH, an international ... Read more...
Posted in Business |
Is Greg Abel The Prospective Successor Of Warren Buffett?
January 19th, 2011 - 7:55 pm ICT by GD
By Meena Kar
Jan 19, (THAINDIAN NEWS) CEO of Berkshire Hathaway, Warren Buffett has not yet revealed who is going to succeed him, after he calls for retirement. However, thanks to a famous ... Read more...
Posted in Business |
Lyricist Javed Akhtar In Demand of Royalty, Favoring Copyright Ammendment Bill
December 27th, 2010 - 5:59 pm ICT by Sampurn Wire
This issue of the amendment of the Copyright Act has made many headlines and raised many eyebrows. It has become a topic of never ending discussion and is being dubbed ... Read more...
Posted in Entertainment |
ONGC approves share split, bonus and special dividend
December 16th, 2010 - 9:11 pm ICT by IANS
New Delhi, Dec 16 (IANS) The state-run Oil and Natural Gas Corporation (ONGC) Thursday approved a dividend of Rs.32 per share, a special dividend and a stock split before the government divests ... Read more...
Posted in Business |
Novell all set to be acquired by Attachmate for $2.2 billion
November 23rd, 2010 - 8:20 pm ICT by Aishwarya Bhatt
New York, Nov 23 (THAINDIAN NEWS) Novell, Inc is very close to being taken over by a privately owned IT company, Attachmate Corporation. The deal is reportedly worth $2.2 billion in cash.The ... Read more...
Posted in Business |
UK offers $11.17 billion loan to Irish Republic
November 23rd, 2010 - 12:34 am ICT by BNO News
LONDON (BNO NEWS) -- The UK Chancellor of the Exchequer George Osborne on Monday announced that the UK offered a direct loan to Ireland of about £7 billion ($11.17 billion) in addition ... Read more...
Posted in Business |
Reliance Comm denies involvement in 2G spectrum scam
November 18th, 2010 - 5:33 pm ICT by IANS
Mumbai, Nov 18 (IANS) Anil Dhirubhai Ambani Group company Reliance Communications said Thursday it was not in any way involved in 2G spectrum allocation scam, which according to the Comptroller and Auditor ... Read more...
Posted in Business |
Gurumani fired because of interpersonal issues: SKS Microfin
October 12th, 2010 - 8:07 pm ICT by IANS
Mumbai, Oct 12 (IANS) India's largest private small scale lender SKS Microfinance fired its Chief Executive Suresh Gurumani because of "interpersonal issues" with the senior management, the company's founder Vikram Akula said ... Read more...
Posted in Business |