Allsec Technologies is set to buy US-based mortgage servicing business company Retreat Capital Management
Jet Airways says its expansion plans are not linked with the $400 million qualified institutional placement issue
Jet Airways said on Tuesday its aggressive overseas and domestic expansion plans are not linked with the $400-million qualified institutional placement issue that provides cushion for buying more aircraft.
Easy global liquidity and investors' eagerness to tap one of the world's few fast-growing regions should create a sweet spot for the region to fill the $600 billion in infrastructure needs the Asian Development Bank identifies over the next decade.
The year saw some standout performances from lesser known actors.
European Investment Bank has expressed interest in financing solar park projects in India, the Asian Development Bank senior investment specialist Don Purka said on Thursday.
An Indian pilot working for Qatar Airwys has died mid-flight due to a massive heart attack after the plane took off from Manila, even as the aircraft landed safely at Kuala Lumpur.Ajay Kukreja, 43, who has been working with the airline for five years, was flying QR-645 with around 260 passengers on board on Wednesday when the tragedy struck.
United States Secretary of State Hillary Clinton arrived in Beijing on Wednesday for annual strategic and economic talks. Clinton's visit comes at a time when there is renewed tension in the South China Sea over China's dispute with US-ally Philippines over an island claimed by both countries.
Australia's world record champion swimmer Christian Sprenger is having second thoughts about travelling to New Delhi for the Commonwealth Games in the wake of an adverse risk assessment report.
Transcript of the Ganesh Natarajan chat on rediff on Friday.
Canadian Citizenship and Immigration Minister Jason Kenney visited Delhi and Chandigarh recently to discuss the issue of crooked immigration consultants.
The winners of the Ramon Magsaysay 2009 awards applaud during the awarding ceremony at the Cultural Centre of the Philippines in Manila on August 31.
The developers, including Raheja Ltd, Ascendas, L&T and GMR, among others, are in the Ministry of Commerce and Industry's Export Promotion Council for export oriented units and special economic zones.
Here's a glimpse at what happened around the world last week
The Indian team bagged a gold and a silver medal on the concluding day of the junior Asian Wrestling Championships at Manila, the Philippines, to finish with an impressive haul of 14 medals.
Philippines might have emerged as the new capital for call centre works, but the country still has a long way to go to match India in the overall business process outsourcing (BPO) segment not just in terms of size of the industry, but also in terms of range of services.
Wipro BPO, the business process outsourcing arm of soaps-to-IT services player Wipro Ltd, plans to expand its operations in China and the Philippines by opening two more centres in these countries by the end of this year.
A jail in Bihar has offered to supply its famous 'manila' rope to hang Ajmal Kasab, the lone terrorist arrested during the terror siege on Mumbai, who was awarded the death sentence by a special court on Thursday.Buxar prison is the only jail in the country that has expertise in manufacturing wax-coated manila rope, which can withstand the tension caused by the fall of the convict after the execution.Manufacturing a manila rope is a tedious affair.
The company, which hired around 27,000 last financial year, will hire more this time on the back of a positive outlook for the overall economy.
The still lingering global financial turmoil could push as many as 21 million more people into extreme poverty in the Asia-Pacific region, a joint report by the United Nations and Asian Development Bank said.
Former United States President Bill Clinton had escaped an assassination bid by terrorists controlled by Osama bin Laden in Phillipines, according to a new book. He was saved shortly before his car was due to drive over a bridge in Manila where a bomb was planted. The foiled attack came during Clinton's visit to the Asia Pacific Economic Cooperation forum in the city in 1996. The details have been revealed in a new book.
Royal Dutch Shell has also announced that it would slash 5,000 jobs by year end, including 'hundreds' in Houston as part of a sweeping reorganisation new CEO Peter Voser said is needed to make the company more competitive.
The Pakistan Tennis Federation will seek compensation from the ITF for making their Davis Cup rubber against Hong Kong an away tie due to the volatile security situation in Karachi.
This was announced by United Nations chief spokesperson Michele Montas who said that dates for the visit would be announced shortly.
India's Silicon Valley, Bangalore, has managed to retain its leadership for the fourth time.
Presenting the winners of the Miss India-Canada 2011 beauty pageant.
Agreements on Teesta River water sharing, land boundaries and extradition remain in limbo in spite of friendly relations between India and Bangladesh, says Syed Tashfin Chowdhury
B Raman feels one has to emphasise the importance of balance in the television discussions while the hostage-taking situation continues.
European cities have emerged as the world's richest and most expensive places. By comparison, Indian cities are amongst the world's least expensive.
Indians might be known for their hard work, but when it comes to their wages, they are paid nearly 20 times less than their counterparts in the developed nations like the United States and Switzerland.
Joshi is being recognised for 'his vision and leadership in bringing professionalism to the NGO movement in India, by effectively combining 'head' and 'heart' in the transformative development of rural communities', the Board of Trustees of the Ramon Magsaysay Award Foundation said in a press statement from its headquarters in Manila.
The global financial crisis slashed the value of financial assets worldwide by a massive $50 trillion last year, with developing Asia suffering more than other emerging market regions.
Ashok Saikia, a former officer of the Indian Administrative Service and joint secretary in the Prime Minister's Office, passed away in a private hospital in New Delhi on Sunday.
Pooja Chitgopekar, an aspiring doctor, wins the title.
Both Raju and Gelli symbolised the so-called 'Telugu pride' in the corporate world and were considered visionaries in their respective fields of operation. They were heralded as institution-builders, but in the end their fall too was equally swift due to a set of financial frauds. Incidentally, PricewaterhouseCoopers was the auditors of both the institutions.
Kamath's success is the envy of bankers everywhere, but his feat of taking a small bank and turning it into the country's second largest lender is hard to match.
Sourav Ganguly cannot seek a finer redemption than to excel against Greg Chappell's newly ordained protgs.
India thus made it back into Group 4 from which they were relegated last year after losing to Thailand and Malaysia.
The Shanghai Stock Exchange has registered maximum fall (56 per cent) from its peak, while the benchmark index of the Bombay Stock Exchange dipped by as much as 40 per cent and the Manila Stock Exchange dropped by 39 per cent, registering the third largest fall. The report added that 'having lost one fifth to one third of their value, equity assets would appear to have greater upside rather than down side prospects.
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