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New York Labor Day Parade Was A Spectacle!

Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for four hours down 5th Avenue one of......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Indian-Americans among 14 charged in $53-mn Covid relief fund fraud

As many as 14 people, including several Indian-origin business owners and employees have been charged in a $53 million fraud scheme involving a COVID-19 pandemic relief programme in the US state of......

US: Ex-India envoy Wisner quits AIG

Ambassador Frank G Wisner, the erstwhile US envoy to India, who for years -- as vice-chairman, external affairs for American International Group -- was the face of this global insurance......

Stranded in Russia for 2 days, Air India flyers finally reach US

An Air India flight landed safely in San Francisco on Thursday carrying 216 passengers and 16 crew members from Magadan in far east Russia where they were stranded for two days after the original......

AIG plans Asia listing for life insurance arm

Battered insurer American International Group, which has received billions of dollars from the US government is looking to sell stocks of its subsidiary American International Assurance Company on......

AIG plans to list Asian insurance unit in Oct

Insurer American International Group is planning to list its Asian life insurance unit AIA in Hong Kong on October 29 in a move to raise over $15 billion, says a report. AIA has set October 29 for......

Tatas may have to buy out AIG in insurance JV

The Tatas will have to either buy out the 26 per cent stake in its life insurance joint venture or rope in another partner if Prudential UK buys out the Asian life insurance business of American......

Govt prosecutors may not charge AIG executives

Government prosecutors may decide not to charge insurer American International Group's executives for their role in financial contracts that brought the firm close to a collapse, a media report has......

AIG to recoup $45 mn from employees: Report

Insurer American International Group will recover $45 million from its employees given as retention payments last year and return the amount to the government, a media report says. Attributing to......

Manchester United eye Tata Group as sponsor

European and world club champions Manchester United have sent a shirt sponsorship proposal to the Indian conglomerate Tata Group. United's four-year, US $100 million contract with American......

Man United in shirt sponsorship deal with Aon

Aon Corp , the world's largest insurance broker, has agreed a four-year deal to sponsor the shirts of English Premier League champions Manchester United from the start of the 2010-11 season.......

World Cup qualifiers: Messi goal puts Argentina top

IMAGE: Argentina's Lionel Messi takes a shot to score a goal. Photograph: Marcos Brindicci/Reuters. Lionel Messi marked his retirement about face with a goal to give 10-man Argentina a 1-0 win......