US govt to seize 4 mosques, tower with Iran links

US federal authorities were in the process of seizing four mosques and a 36-storey skyscraper in Manhattan that are owned by a nonprofit Muslim organisation long suspected of having ties to the......

Superluxury manufacturers feel the pinch of slowdown

From auto to watches, the mood is sombre due to the alarming state of the Indian economy and value erosion in stock market capitalisation. Photograph: Chaiwat Subprasom/Reuters This  January,......

What lies behind the design and price of Apple Watch

It has long been argued that the true genius of Apple Computer is to move into a space that already has players and, through its remarkably uniform and polished design aesthetic, come to dominate......

Swiss retail giant Richemont plans to invest $25 mn in India

Swiss retailer Richemont plans to invest about $25 million in India to set up single brand retail stores in the country. The company, which sells luxury products, including brands like Cartier,......

Bharat Shah: The crisis manager

Affluence can be threatening, if you look at the video camera that stares at you menacingly in the office of diamond merchant and film financier Bharat Shantilal Shah. Also ReadThe Bharat Shah......