The 95-year-old Marxist breathed his last at the AMRI Hopsital where he had been admitted on January 1 with a 'moderately severe' pneumonic infection.
Leaders cutting across the political spectrum mourned the death of veteran Marxist Jyoti Basu on Sunday, describing him as a towering personality and a powerful regional voice who had played crucial roles in the national political scene.
As a young barrister who embraced Communism, Jyoti Basu showed remarkable pragmatism in a dogmatic party that prevented him from becoming prime minister at the height of coalition politics.
The US financial crisis and the resultant economic downturn pushed many a top honchos out of their corner rooms in 2009, but Citigroup's India-born chief Vikram Pandit continues to steer the once financial colossus out of its biggest ever crisis.
India's badminton sensation Saina Nehwal was Thursday declared the Sports Illustrated Sportsperson of the Year for her stupendous show in 2009.
Bobby Robson was described as a "footballing colossus" as some of the sport's greatest names attended a memorial service for the former England manager on Monday. More than 1,000 people, including Manchester United manager Alex Ferguson and current England manager Fabio Capello, were at the service in Durham's 11th century cathedral to pay tribute to Robson who died in July aged 76 after a long battle with cancer.
The threadbare state of American men's tennis surfaced again on Monday when John Isner lost to Fernando Verdasco in the fourth round of the US Open to make it the worst home showing in the professional era.
D K Pattammal, who broke the barriers to enter the male-dominated world of Carnatic music and enthralled classical music lovers with her captivating voice for over six decades, died on Thursday after a prolonged illness.
Sarod maestro Ali Akbar Khan passed away in San Francisco at 1000 am(IST) according to family friend Robin Pal in Kolkata.
Have you ever met the maestro or experienced his magic?
Rafael Nadal beat Novak Djokovic 6-3, 2-6, 6-1 in the Monte Carlo Masters final on Sunday to become the first man to win the claycourt tournament five times in succession.
It is incumbent on mature and dispassionate analysts not to look at the CEC's report through political or ideological spectacles and import into it hidden purposes and meanings, says B S Raghavan
The Citigroup will be splitting itself into two businesses even as the financial colossus slipped deeper into the red, posting looses for the fifth straight quarter.The banking major had revenues to the tune of $5.59 billion for the December quarter, against 6.42 billion dollars in the corresponding period a year earlier.
The global universal banking concept doesn't work and the Citigroup colossus ought to be dismantled as quickly as possible. But the dismantling needs to be done by someone who believes that it's the right strategy for recovering shareholder value.
Citigroup will soon announce what its executives describe as a drastic plan to shed a host of businesses and shrink itself by one-third, a leading financial daily said on Wednesday, citing people familiar with the bank.
There is a failure in India to encourage fresh blood, and to tell the famous to retire when their time is up.
If there was one man who was responsible for pivotal role that the Left parties played on the national stage from 1989 to 2008, it was Harkishen Singh Surjeet, who passed into the ages on August 1. He was 92.
Tanti, who acquired Germany's REpower Systems last year, today announced plans to buy Chinese wind energy company Honiton Energy Holdings. The acquisition will be concluded through Colossus Holdings, a Singapore-based holding company of the Tanti group, and Bahrain-based private equity company Arcapita Bank for over $500 million (Rs 2,162 crore), sources said.
South African major to make open offer to RCom shareholders. The deal would create a telecom colossus with 115 million subscribers in 25 countries.
Every writer has his own style and perception that is characteristic of them and in turn immortalises them. Sujatha will, like Kalki, T Janakiraman, Devan, Kannadasan, Pudumaipiththan, La Sa Ra, live with us through his writings.
It is not clear exactly what Obama is going to change. Obama may be able to beat Clinton based on all this, but McCain may not be quite so easy.
Dignitaries from India, Nepal, United Kingdom, Russia, United States, Australia, Canada and Ireland attended the funeral. The service was also attended by Norbu Norgay, son of Tenzing Norgay, and four surviving members of the original 1953 Mount Everest climbing team.
Though the exact reason of his death was not known, media reports say he had been suffering from pneumonia
If it catches on, Intel's sleek laptop could be a game changer for PCs.
The appeal--and risks--of authenticity. A guide to making your brand real.
The United States must reach out for new allies, and its focus must expand from Europe to Asia.
They may not have been born in the U.S., but they still shape American business, culture and politics.
What we are seeing is a demonstration of how in today's complex global scenario there can be issue-based coalitions of States.
Goldman Sachs has emerged from the market bust as a trading colossus. New Chief Lloyd Blankfein must fuel growth -- and avoid an unforeseeable blowup.
Companies are increasingly sending IT work to hubs outside India. They're saving money but facing a whole new raft of challenges.
England's coach says it was a "travesty" that he was not chosen to lead the Rest of the World team against Australia in the recent Super Series.