NEW DELHI: As part of its ongoing engagement with a democratic and multi-party polity in Bangladesh, India will host Begum Khaleda Zia, Leader of the Opposition and former Prime Minister of that country from October 28 to November 3.Visiting India at the invitation of the External Affairs Minister, Zia, who is Chairperson of the Bangladesh Nationalist Party (BNP), is...
NEW DELHI: Liquor baron Vijay Mallya on Friday thanked 'the Almighty' for losing the billionaire status, and hoped that it would lead to "less jealousy, less frenzy and (less of) wrongful attacks" on him.Often referred to as 'King of Good Times', Mallya has slipped out of the billionaire league in the Forbes rich list, as "bad times" in his...
NEW YORK: A devastated India-born former Goldman Sachs director Rajat Gupta, who was sentenced on Thursday for insider trading crimes, said he has lost his reputation built over a lifetime and apologized to his family and colleagues.Making his first statement since being charged with insider trading over a year ago, Gupta, 63, read from a prepared statement for six...
CHANDIGARH: Popular satirist and filmmaker Jaspal Bhatti, the man behind hit comedy shows like 'Ulta Pulta' and 'Flop Show', died in a road accident in the wee hours today after his car rammed into a tree.Bhatti's son Jasraj, who was driving the car and actress Surilie Gautam, the heroine of his upcoming film 'Power Cut' and film promoter Navneet...
MUMBAI: After Ministry of Corporate Affairs, Income Tax department too has launched a probe to trace the source of funding of various firms that invested in BJP president Nitin Gadkari's company Purti Power and Sugar Limited (PPSL)."We will trace the source the funds of the companies including the 18 companies that invested in Purti," a top IT official told...
THIRUVANANTHAPURAM: Police today questioned some passengers of the flight allegedly involved in last week's hijack alarm case, leading to a protest by non-Resident Keralites forum Pravasi Sangham before a police station near the international airport here.CPI(M) MLA K V Abdul Khadar, who led the protest before Valiyathura police station, said the move to summon six passengers was against Chief...
NEW YORK: Liquor baron Vijay Mallya, often referred to as 'King of good times', has lost his billionaire tag as "bad times" in his aviation business have dragged down his net worth to below the USD 1 billion mark.According to Forbes magazine's India rich list released on Thursday, Mallya is now ranked 73rd with a fortune of USD 800...
NEW YORK: Mukesh Ambani has retained his position as the world's richest Indian for the fifth year in a row, although his net worth declined by USD 1.6 billion to USD 21 billion but remained well above that of the second-ranked Lakshmi Mittal.Steel baron Mittal's net worth also fell by USD 3 billion at USD 16 billion, making him...
MELBOURNE: Australia should not be mesmerized by China's growth and focus on India, "a sleeping giant", former Prime Minister John Howard has said.Howard said with the European Union crumbling down, it was affecting China and a focus on China would affect the Australian economy.According to 'Brisbane Times' report on Thursday, Howard said that Australia should not be mesmerized by...
MUMBAI: Sun TV Network on Thursday won the Hyderabad franchise of the Indian Premier League for an amount of Rs 85.05 crores per year, marking an end to BCCI's hunt for a new team in the wake of the controversial termination of cash-strapped Deccan Chargers.The IPL Governing Council met here on Thursday to open the bids for the new...