NEW YORK: Alibaba, China’s top e-commerce player, will re-purchase a 20-percent state in itself from US portal Yahoo! for at least $7.1 billion, the companies announced Sunday. “At the minimum price and assuming the initial repurchase of the full 20% stake, Yahoo! would receive from Alibaba consideration of approximately $7.1 billion, composed of at least [...]
Beijing: Chinese property group Wanda said Monday it had agreed to buy US cinema chain AMC Entertainment for $2.6 billion in a deal which will create the world’s largest movie theatre owner. Wanda, a private firm whose interests range from commercial property to the arts, will invest a further $500 million in AMC for future [...]
LONDON, UK: When the leaders of the G8 get together around the dinner table at Camp David this weekend, I hope the protocol chiefs will be seating British Prime Minister David Cameron well away from German Chancellor Angela Merkel. War is brewing between the two nations over the euro-zone crisis, if the British press is [...]
Ahmedabad: Firemen may soon get to wear fire resistant and cost-effective dresses with the Ahmedabad Textile Industry Research Association working on developing such a fabric. Currently, such protective ‘work wear’ for firemen has to be imported, with each dress costing as much as `1.5 lakh, industry sources said. “We are looking to expand scope of [...]
Mumbai: Actress Shilpa Shetty, who was due to deliver next month, gave birth to a boy on Monday morning, her businessman husband Raj Kundra announced. “God has blessed us with a beautiful baby boy. Both mother and baby are fine… Both mum and Baby K are resting. I am thrilled to bits!!!!!!” an ecstatic Kundra [...]
Washington: Time magazine has ranked Bollywood director Sanjay Leela Bhansali’s 2002 film Devdas eighth among the 10 greatest movies of the millennium with WALL.E at the top and The Artist in the tenth spot. It described Shah Rukh Khan as an “all-world charismatist” and Madhuri Dixit a “a hot number who danced flamencos on men’s [...]
Mauli Buch Mumbai: Vegetable vendor Salma fights for the rights of the city’s street vendors and has been jailed many times. Now the 26-year-old is going to an international conference in Brazil to speak about Indian domestic workers, labourers and hawkers. Salma, whose full name is Anis Fatima Shaikh, started selling vegetables from the age [...]
New Delhi: President Pratibha Patil has commuted the death sentence of a domestic help, who had murdered a retired Brigadier and his two family members in Dehradun, to life imprisonment. The Supreme Court, while sending Om Prakash to the gallows, had observed that “he is a menace to the society and it seems to us [...]
Gandhinagar: Former Gujarat chief minister Keshubhai Patel seems to be returning to active politics after almost five years in political exile. And this has set tongues wagging in the state’s political circles. Some analysts feel that bringing in Patel may the Bharatiya Janata Party’s (BJP) way of quietly taking on its arrogant Chief Minister Narendra [...]
In India, censorship has always been a bone of contention between filmmakers and the government body which has taken upon the mantle of moral policing in films. We find out more about censorship in India How many times have you cursed the censor board for beeping out words which are part of our daily lives? [...]
It’s David vs Goliath as Rajasthan take on Mumbai’s might
Kolkata: They have shown remarkable fighting spirit despite the demoralising spot-fixing scandal and the Rajasthan Royals will now look to upstage the mighty Mumbai Indians in the second qualifier here tomorrow to book, what would be, a dream final berth in the Pepsi IPL. On paper, Mumbai Indians may appear stronger but Rajasthan will be [...]
21 lawmakers back Chandigarh-born as top US judge
Washington: Ahead of an expected Senate vote on the nomination of Chandigarh-born Indian-American legal luminary Srikanth ‘Sri’ Srinivasan to a top US court, 21 lawmakers have penned their support for him. Srinivasan, 46, currently principal deputy solicitor general of the US last week won unanimous approval from the Senate Judiciary Committee for his nomination as [...]
It was like bereavement: Dravid on spot-fixing
New Delhi: Rajasthan Royals skipper Rahul Dravid says dealing with the turmoil caused by the spot-fixing scandal, which has left his team’s reputation in tatters, has turned out to be as tough as handling “bereavement in some ways”. “I would not lie it was a very tough phase for us. It was a blow to [...]
Enter your email address below to receive updates each time we publish new content.
A footage is doing the rounds on TV channels where apparently two constables in UP are sorting matters out between them the hard way, raining each other with blows, not verbal, but with their lathis. One look at the video will tell you there seems to be something seriously wrong with the discipline among the [...]
So the thief is in the ship after all. The Mumbai police revelation that Gurunath Melyappan, son-in-law of BCCI Chief Srinivasan, was in constant touch with Vindoo Dhara Singh, now in police custody over betting, leaves no scope for imagination. Little wonder such brazen betting prospered over IPL. It now raises the question: was the [...]
Humorist Jaspal Bhatti, had he been alive, would have found stunning material for a flop show in the BJP’s behaviour of late. How the ‘national opposition party’ turned into a ‘notional’ party is a story worth caricaturing with potential for record viewing-rate.
Chinese president Xi Jinping is a chemical engineer. No wonder he knows the chemical formula to pursue his country’s global ambitions. If anybody in India believed Xi would extend a warm friendship to this country, he should be naive. He has been on a global Sino initiative to widen the Chinese visions of the century. [...]
“India is China’s important neighbour. (The purpose of) my current visit to India is three-fold — to increase mutual interest, intensify cooperation and to face the future,” said Chinese Premier Li Keqiang during his visit to India. To this the Indian prime minister’s response could n0t have been more fitting that “the rest of the [...]
Loading ...
Exchange Rate
Recent Comments