The incident occurred when Shashank and his friends were going inside their flat after returning from an outing. Shashank went out to take his bag from the car when he was shot at by a man who is suspected to be an Afro-American, he said quoting Shashank's friends.

An Indian-American CEO of a semiconductor company was shot dead along with two other persons by a laid-off employee of the firm in northern California, police said.

Greenspan never saw how derivatives would make the housing crisis a global one.

Singh was not really the Kinng when it came to competing with Slumdog Millionaire, the underdog saga shot entirely in Mumbai, which won the People's Choice Award at the end of the 33rd Toronto International Film Festival (TIFF) last weekend. Akshay Kumar's film was one of the 250 feature films from more than 60 countries, eligible for the award.

David Beckham is one of five players to make the Major League Soccer All-Stars for the first time after voting results were announced by the league on Thursday.

Bobby Bedi who is currently producing a three-film series on the epic Mahabharat, at an estimated $70 billion budget, has complained to the United States Congress that enforcement authorities have been lax in dealing with peddlers of counterfeit Indian movies.

The first leap towards an organized derivatives market came in 1848, when the Chicago Board of Trade, the largest derivative exchange in the world, was established. Today, equity and commodity derivative markets are rapidly gaining in size in India. In terms of popularity too, these markets are catching on like a forest fire.

One management expert has identified these eight tips for CEOs who want to inspire increased loyalty and passion among workers.

Anu Solanki 24, who went missing since December 24, is safe and is with a 23-year old man from California, Cook County, Illinois, Sheriff Thomas Dart announced on December 28.

Most bosses hate firing employees. So now they're hiring freelance hit teams to do their dirty work.

David Beckham's first campaign in Major League Soccer ended when the Los Angeles Galaxy lost 1-0 to the Chicago Fire.

David Beckham returned to action after seven weeks as his team LA Galaxy were held to a 1-1 draw by New York Red Bulls.

The 32-year-old England midfielder, sidelined since late August after spraining a ligament in his right knee, began light training with the Major League Soccer (MLS) team last week.

Bolly Woods does not think so.

Sometimes opportunity knocks with a pink slip in hand.

Haider, author of 12 novels and several short stories, is credited with instilling a new sensibility in Urdu literature.

Thirty-two-year old Nimisha Tiwari, her 18-month-old daughter Ananya and four-year-old son Vakadham were killed when a fire broke out in their two-story house.

Some very successful entrepreneurs got their starts only after losing their day jobs. Who knew getting fired could be a great career move?

Take the Rediff business quiz and find out how much you know about the publishing industry.

78 per cent of bosses put off firing an employee for as long as possible.

Coming soon: Hollywood stars reading out the Bible on CD.

Brenda Dietrich revels in theory but lives in the real world--and her team of math geeks is changing the way IBM works.

The hotel will also get some Indian touches

Three youngsters of Indian origin joined the ongoing junior camp in Goa on Friday.

Chelsea and AC Milan drew 1-1 in a friendly match on Sunday as they wrapped up their pre-season tour of the United States.

American Jeff Sluman fired a flawless seven-under 65 to take the first round lead at the Memorial tournament in Dublin, Ohio on Thursday.

League scoring leader Allen Iverson poured in 48 points to lead the Philadelphia 76rers to a 118-111 win over the Bucks in Milwaukee on Tuesday.

Zydrunas Ilgauskas picked up 30 points and LeBron James added 25 points, nine assists and eight rebounds to help the Cleveland Cavaliers pound the Los Angeles Lakers 103-89 Sunday.

In real life, juggling his various selves comes easy for Reef Karim.