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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......

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......

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......

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......

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......

Modi may use executive order to pass insurance, coal bills

Modi, who was elected in May with a mandate to provide jobs and economic growth, has seen his reform agenda stymied by controversial statements by lawmakers in his party Prime Minister Narendra......

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......

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......

Fraud: Indemnity cover may protect Citibank

Thanks to its indemnity cover, Citibank may not have to provide for the alleged multi-crore fraud by Shivraj Puri, the relationship manager at its Gurgaon branch. The bank has insured itself......

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......

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......

Huge cash prize for Club World Cup

A revamped Club World Championship with six teams will be held in Tokyo from December 2005 with US$15.0 million prize money on offer, FIFA announced on Monday.Three months after announcing the bare......

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