Ilyas Kashmiri, a former member of the Pakistan special services group, had played a very crucial role during the Mumbai terror attacks, according to reports by the Intelligence Bureau.
A contingent of the Pakistani Army's special forces left for China on Thursday to participate in a joint anti-terrorism drill coinciding with President Asif Ali Zardari's July 6-11 visit to that country.
Batting legend Rahul Dravid has termed his current stint as coach of India Under-19 and India 'A' cricket teams, as well as his mentorship of young athletes in Olympic sports as "exciting" and "fun".
On Thursday, Intel Corp agreed to buy McAfee Inc for $7.68 billion. Reports said that McAfee investors will receive $48 a share in cash. This is Intel's biggest-ever acquisition.
Two days ahead of the high tide warning, corporate houses here are busy drawing plans to meet any possible recurrence of the 26/7, 2005 deluge in the metropolis.
The government has also set the ball rolling on filling up the vacancies in the second rung. It has sought a dossier on general managers who could be promoted to the level of executive directors.
In a dramatic rescue mission, Pakistani commandos on Sunday stormed a building near the army headquarters in Rawalpindi to end a 20-hour siege freeing 42 hostages held by the Taliban terrorists, who staged a brazen assault on the top military facility, and killed 4 militants.
Wachovia's global operations were taken over by Wells Fargo last year and the two banks are in the process of integrating their operations.
Qi Lu would join as president of online services group to lead its search and online advertising and all its online communications services, Microsoft Corp said. He would report to Microsoft chief executive officer Steve Ballmer, the statement added.
Sharing the concern of 38 lakh pre-paid mobile phone subscribers hit by the ban on their SIM cards in Jammu and Kashmir, Chief Minister Omar Abdullah on Monday said genuine users should not be affected as a small service group did not do proper verification while issuing such cards. Abdullah said he would hold talks with the Centre, including Home Minister P Chidambaram, to resolve the issue as the blanket ban on the use of pre-paid SIM cards is not the answer.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
As per the Quarterly Investor Dashboard Sentiment survey by ING, investors in the surveyed Asian countries believed that economic situation has improved and 93 per cent Indians feel conditions would further improve in the third quarter.
Indian investors have emerged as the most optimistic lot in Asia and along with their Chinese counterparts have driven an increase in the region's overall investor sentiment in the first quarter of this year, a latest survey says.
The board of director at their meeting held on Tuesday approved the proposal to discuss, negotiate and finalise the terms of acquiring 100 per cent or majority equity shareholding of Lotus India AMC, Religare said in a statement. The company has agreed to acquire Lotus India AMC from its majority shareholders, Alexandra Fund Management (an affiliate of Fullerton Fund Management Company Ltd) and Sabre Capital.
During the visit to the LoC to review the security situation after the killing of five Indian soldiers in Poonch on Tuesday, the Army Chief pulled up the formation commanders there, sources said in New Delhi.
The terror attack on Mumbai last month was the first time that terrorists had used the sea route to strike at the heart of the city.Intelligence Bureau reports suggest that the terrorists received special maritime training from the Musa Company of the special services group of the Pakistan Army. Following the training imparted at the Murdike and Thakot camps of the Lashkar-e-Tayiba, the terrorists were shifted to Karachi,where they received maritime training from Musa Company
Diversified conglomerate Aditya Birla Nuvo will acquire 56 per cent stake in retail broking firm Apollo Sindhoori Capital Investments for a consideration of Rs 198.8 crore (Rs 1.988 billion), a move that will strengthen the financial services segment of the group.
China's e-commerce giant Alibaba, which completed the world's largest initial public offering ever this month, has won approval from authorities in Beijing to establish a private bank as it diversify into financial services.
Sixth Pay Commission has urged the government that all Indian Telecom Service (Group A) officers be absorbed in the public sector telecom service providers, Bharat Sanchar Nigam Ltd & Mahanagar Telecom Nigam Ltd, or sent to the surplus pool. It has also suggested winding up of the Telecom Commission saying BSNL and MTNL now provide extensive services along with several private sector operators. The report states there is no need to retain the 2400 cadre strong-ITS (Group A).
Citigroup, apart from grappling with the write-offs and losses in its consumer banking business in the US, will also have to get its act right in other markets as well, particularly, India and Mexico.
Indian companies, many of which have been acquiring overseas entities, suffer from taxation planning as part of the deals, said accountancy and consultancy firm Ernst & Young
The Reserve Bank of India (RBI) is likely to reiterate its view that it would be comfortable only with holding companies at the top in financial services groups when it releases final guidelines on setting up bank holding companies or financial holding companies by November 15.
According to sources, the Pashtun army officer came from the SSG, to which Pervez Musharraf belonged and which was specially trained by the US Special Forces for covert ops.
'Escalation of violence in the tribal areas and Musharraf's increased physical vulnerability to another terrorist attack would be the inevitable outcome of the operation.'
HDFC will use the proceeds of the issue to pump capital into its insurance venture, HDFC Standard Life Insurance Company Limited, maintain its majority stake in HDFC Bank and also support the mortgage business.
IBM on Thursday launched a new Services Innovation and Research Centre in Bangalore that would focus on innovative technologies for improving IT services.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal
Meg Whitman is the wealthiest women in the technology sector.
The country's franchise industry is estimated at $24 billion with a year-on-year growth of 30 per cent.
The name of Pakistan Army chief Gen Ashfaq Parvez Kayani's successor will be announced a day before he retires on November 29, Information Minister Pervaiz Rashid said on Friday.
BNP Paribas is planning to set up a company that will provide discretionary portfolio management services, even as it plans to expand its private banking business in India by adding real estate and art investment advisory services.
Acting on a tip off, a joint team of the Federal Investigation Agency, the Special Services Group and FBI left for Bannu, bordering Afghanistan on Sunday in search of Amjad Farooqi, who is believed to have planned the attacks.
Satyam Venture Engineering Services Pvt Ltd, the engineering services group of Satyam Computer Services Ltd, has set up a dedicated India design centre for the United States-based automotive tier-I supplier Collins & Alkman.
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