According to a report in the Financial Times, two UBS bankers tried to create Pleuri, an offshore vehicle through which Ambani 'could illegally invest in securities at home'.
'It's a dream, but will I give it up? No bloody way,' Umesh Pandey, the former Bangkok Post editor turned Opposition candidate, tells Rahul Jacob.
Hewlett-Packard plans to slash up to 30,000 jobs in the coming months, which would be one of the biggest layoffs in American corporate history, says a media report.
The website will operate as a marketplace similar to Alibaba's China-based TMall, which offers virtual store fronts to merchants who set their own prices and handle their own logistics for nearly everything but payments, the newspaper reported.
Computer hackers have breached Citigroup's computer network and have accessed data related to hundreds of thousands of its card customers, the Financial Times said.
India is right to forcefully reject Chinese claims of sovereignty over the entire South China Sea. It should now build credible strategic partnerships with other regional states so as to prevent a Chinese regional dominance, says Harsh V Pant.
'More and more young chefs, instead of inventing new things, are exploring more deeply inside India,' Indian Accent's Manish Mehrotra tells Rahul Jacob.
A Chinese warship confronted an Indian naval vessel shortly after it left Vietnamese waters in late July in the first such reported encounter between the navy's of the two countries in the disputed South China Sea.
'If India maintains the Constitutional set-up that its founders envisaged -- which is that it is a parliamentary democracy, with a broadly speaking market economy, in which all people are equal as everyone votes, in which the rights of minorities are respected -- that will be a great thing.' 'Not just for India. But for humanity.'
The push for FDI in retail by foreign interests smacks of the East India Company syndrome and Indians have the right to protest any attempt by a class of corporate cronies to rule India by proxy, says A Faizur Rahman.
'At the premiere we got a 4-minute standing ovation...' ...'Strangers hugged me, sobbing...' ...'Some just sat in their seats still immersed in the experience.' Nandita Das captures the magic of Manto at Cannes.
... 'is long lives are generally the norm today,' says Rahul Jacob.
Their success formula was to enter the business at the right time and exit at the opportune moment.
Leading global advertising and marketing communications services company, Omnicom Group Inc, said on Monday that it has reached an agreement with Anil Ambani-led ADAG to buy a 51 per cent stake in the latter's ad agency, Mudra.
US financial sector not only dominates the US economy, it also in effect controls the US politics, policies and programmes.
oreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.
Various advisers are helping Yahoo consider its options.
It is not clear at this stage whether Tata will take up the government's offer of taking a 25 per cent stake in the business.
'I went to slums in India which were quite destitute, where people were clearly really struggling, but typically there is a sort of sense of purpose.' 'People are hustling.' 'What that tells you is that if the country was so organised in a way to give these people opportunity, then they would make something of it.'
A week after the covert United States raid in Pakistan that killed Osama bin Laden, President Asif Ali Zardari sought to reach out to the Obama administration to ask it to stop army chief Gen Ashfaq Parvez Kayani from staging a coup, a Pakistan-American businessman has said.
Embattled Force India co-owner Vijay Mallya will not be attending Sunday's Spanish Grand Prix but he is hoping for a change of fortune on the track at least for his Formula One team in Barcelona.
JLR is the UK's largest carmaker, which has witnessed a complete turnaround in its fortunes since Tata Motors acquired the traditional British brands from Ford 10 years ago.
Jaitley said if interest rates were lowered, the economy could grow faster than 7-7.5 per cent.
The Fatah search is aimed at giving it the financial muscle to mount campaigns against the radical Islamist group Hamas in this year's elections.
Spy drones from Pakistan and China are regularly straying into the Indian airspace complained the Indian military.
A UN report obtained by the Financial Times wants "substantial" international asistance for Afghanistan.
Ed Luce, Washington bureau chief of The Financial Times, has said that US President Barack Obama's endorsement of India's candidacy for a permanent seat on the United Nations Security Council was a "cheap price" he had to pay to appease New Delhi of its concerns over his administration's policy towards India.
Microsoft discussed the possibility of buying out Adobe Systems at a recent meeting between their chief executives Steve Ballmer and Shantanu Narayen, says a media report.
IIM-Ahmedabad's Post Graduate Programme in Management for Executives and the Indian School of Business's Post-Graduate Programme in Management has been ranked at 11 and 13 respectively in a list of 100 top B-schools in the world, says a business school ranking from the Financial Times of London.
If completed, the move would create a 50-50 joint venture valuing Reliance Communications' cable assets at $1 billion.
Nobel laureate Muhammad Yunus enjoys great respect in the US for all of his work to help the poor in Bangladesh.
Many emerging economies have witnessed a flight of foreign portfolio capital and their currencies have slumped against the dollar.
Formula One supremo Bernie Ecclestone has turned a mugging into advertising by showing off his black eye in a newspaper advert for a Swiss watchmaker.
The 2016 upstart, called Jio, dislodged rivals and has emerged as the nation's No. 4 carrier by offering call services free for life and data transmission at dirt cheap rates.
British Prime Minister David Cameron, who has spoken of forging a 'special relationship with India' and is currently in India, will leave the country without meeting Congress president Sonia Gandhi and considered the real power behind the throne.
The surge comes at a time when Chinese investors look for insurance against rising inflation and currency appreciation, the Financial Times reported.
The Electronic Privacy Information Centre, an advocacy group, last week filed a complaint against Facebook and asked the FTC to investigate recent changes made by the company that make more information public by default and automatically share information with other websites.
On the issue of exchange rates, the summit reiterated the wording agreed in the meeting of the G20 finance ministers and central bank governors a few weeks earlier - a commitment to "moving toward more market-determined exchange rate systems, enhancing exchange rate flexibility to reflect underlying economic fundamentals, and refraining from competitive devaluation of currencies.
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