Both partners would inject $200 million each in the form of equity and hold 50 per cent stake each. They plan to raise another $600 million in the form of debt to create a corpus of $1 billion to develop malls across tier-I, II and III cities.
'When I go inside the house, I have to tell the contestants that we have come not because they were entertaining but because they lacked the entertainment quality. We have been brought in because Bigg Boss needed the old contestants to liven up things.' Rahul Mahajan gets ready for Bigg Boss 8.
In the endlessly entertaining and absorbing soap opera that is India-Sri Lanka relations, wait for the next episode, Aditi Phadnis reports.
The broadcaster will run promotional activities across its entertainment and sports networks in the run-up to the series and roll out special initiatives to make the event larger than life.
Sony India on Thursday declared a 20 per cent sales growth for the year ended March 31, 2004, and said it plans to launch VAIO personal computers in India over the next few months.
Test cricket returned to Pakistan for the first time in ten years with the Sri Lankan team playing two matches in Rawalpindi and Karachi, with the hosts winning the second match to clinch the series 1-0 after the rain-curtailed first game ended in a draw.
The NCLAT's order is offensive because it goes against every tenet of bankruptcy reorganisation. If Justice Sudhansu Mukhopadhyay's tenets are accepted by the Supreme Court, we will not only regress in modern bankruptcy reorganisation but also slide back in the Doing Business rankings, says Omkar Goswami.
Sony Entertainment Television India, Nick India and Sony Pix are looking beyond television for revenue. They plan to improve their respective websites to build a community of online users in order to attract online advertisements. They are looking at the mobile platform for ringtone, wallpaper and games downloads.
World number one Novak Djokovic scrapped his way into the US Open final for a seventh time on Friday with a confounding 6-3, 6-2, 3-6, 6-2 win over enigmatic Frenchman Gael Monfils.
'What I'm really worried about is that the day this lockdown ends, we will all rush to work and we'll kill the lovely environment we are seeing now.'
'India's march towards being a $5 trillion economy continues, notwithstanding momentary setbacks.' 'India is at an inflexion point and most economists believe this growth super-cycle will extend for over four decades.'
Australia captain Aaron Finch is relishing a "blockbuster" Cricket World Cup semi-final against England at Edgbaston on Thursday but injury concerns threaten to derail the plans of the defending champions.
New Zealand quick Trent Boult believes Australia are now the team to beat at the ICC Men's Cricket World Cup. Australia showed their trademark fighting spirit with a 86-run victory over Boult's team at Lord's, their second consecutive defeat after a previous loss to Pakistan.
PVR Ltd., the retail entertainment company, is planning to open 500 screens across the country in three years. For this financial year, the company plans to open 60 screens in cities including Surat, Kochi, Pune, Bhopal, Vijaywada, Mysore, New Delhi and Jalandhar.
'I regard her as Miss Universe, but not for the reason that most people do.' 'When she is talking to you, she makes you feel like you are the only one in this universe.'
'The one thing he wants from me is that I should learn from him and fly away the day I get launched.' 'He has told me that after LoveYatri, whatever film is being offered to you, it's up to you to discuss with me or not.' 'If you feel like discussing it with me, you can.' 'If you don't, go ahead and make your own choices because it is your career.'
RIL is setting up infrastructure for a full-fledged horizontal e-commerce offering - internally called the New Commerce - to simultaneously launch pan-India by October-November.
The revived factionalism in the AIADMK, if not curbed now, has the potential to split the party vertically, warns N Sathiya Moorthy.
'I hear of so many people not getting their money and producers not taking their calls to pay them.'
Bollywood tells us that it's, in fact, all about loving your family! And so, film folk have often made films with their family members.
IMAGES from the UEFA Champions League second semi-final played at Estadio Jose Alvalade in Lisbon on Wednesday.
Laxmi Negi picks her All Stars XI after the IPL 2020 league games.
Joginder Tuteja looks at 10 film-makers who returned to direction after a long time.
'... in the house who cry at the drop of the hat. I can't do such things.' 'I never indulged in dirty games and played with my heart.'
IMAGES from the US Open matches played on Day 1 at the Flushing Meadows in New York on Monday.
Images from Saturday's action in the English Premier League.
Mediums may change, formats may alter but one thing remains constant -- audience making their likes and dislikes abundantly clear.
'Kunji Ramayanam was entertaining and had a likable plot. We thought that even if the film did not have a great initial, it would pick up. That's why we took the risk of releasing it along with the big names, during Onam,' director Basil Joseph tells Vijay George.
Want a stress free vacation? Amar Pandit tells you what you need to keep in mind.
'We are very protective of him.' 'People can't go close to him and take pictures like before.'
Biju Menon tells Divya Nair/Rediff.com how he transformed himself to play a 73 year old character, one of his most challenging and satisfying roles as an actor.
Former England captain David Beckham was officially awarded a Major League Soccer (MLS) franchise in Miami on Monday with hopes that the team will begin playing in 2020.
Guinness World Record holder Kishan Shrikanth directed his first feature film at the age of 9! Now, at 15, Kishan has big plans for the future.
Shehnaaz Gill and Sidharth Shukla's friendship seems to be over once and for all. When she got aggressive with him during a task, he swore he would never talk to Shehnaaz again.
Lobbying on the Hill is time consuming and cumbersome, but very effective to influence US government policies, asserts Ambassador T P Sreenivasan, deputy chief of mission at the Indian embassy in Washington, DC after the 1998 nuclear tests and during the Kargil War.
Images from the UEFA Champions League matches played on Tuesday night.
Pyramid Saimira Entertainment Limited, Singapore, a wholly owned subsidiary of Pyramid Saimira Group has bagged the rights of Kuselan in both Tamil and Telugu.
Chinese companies who were actively pursuing business opportunities in India have adopted a wait and watch approach following the Chinese government clampdown.
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