The Wall Street Journal quoting two people familiar with the situation said Bharti has contacted West Asian sovereign wealth funds for additional cash to back its MTN bid for a majority stake. Further, the paper quoted another person and said that Bharti has already negotiated about $12 billion in financing from a group of banks that includes Standard Chartered PLC, but the deal may require more resources.
The White House announced on Wednesday that President George W Bush will invite Prime Minister Manmohan Singh and the other leaders of the G-20 countries for a major White House Summit to discuss the Wall Street meltdown.
Cities with a strong presence in health care, education, law, energy, and the government will feel the impact of a downturn less.
At a time when companies are cutting costs and jobs to tackle the economic downturn, global retail chain major Wal-Mart has doled out $933.6 million in bonuses to its workers.
Pakistan's former prime minister Benazir Bhutto has said she is mulling a virtual campaign for Pakistan's upcoming general election that will use phone messages and taped speeches to avoid violent attacks like the suicide bombing of her homecoming rally in Karachi last week.
The news of global IT giant IBM buying Sun Microsystems has been doing the rounds for years. So, despite the Wall Street Journal reporting that an approximately $6.5 billion buyout is imminent, analysts remain sceptical.
The Journal's parent, Dow Jones and Company was acquired by media Moghul Rupert Murdoch's News Corporation, four months ago. Murdoch declined to comment last night, the Times said even as some analysts see a possible war between the Journal and the New York Times.
'India has never been a threat to Pakistan. I, for one, and our democratic government is not scared of Indian influence abroad,' Zardari told Wall Street Journal in an interview.
Travellers may have to hand over personal information, including social media passwords and mobile phone contacts or be denied entry.
Financier Bernard Madoff has pleaded guilty to all 11 charges in one of the largest swindles in Wall Street history. He faces as many as 150 years in prison when sentenced.
Democracy and terrorism, the two pet themes of the 2005 summit, were largely left unsaid in the official briefing on the September 25 summit. The omission, observers say, speaks volumes about the realities the US is facing in the global war on terror, in responding to Russia's aggressive manoeuvrings, managing anti-US sentiment in Pakistan, and battling a resurgent Taliban in Afghanistan
The International Olympic Committee (IOC) has no plans to cut short the global torch relay despite disruptions by protesters in London and Paris, Olympic chief Jacques Rogge told the Wall Street Journal. Reports the IOC executive board would consider scrapping the torch relay outside China at a meeting in Beijing later this week are "based on a misunderstanding", the IOC president told the paper.
Back where the crisis started, the stand of half-built skyscrapers, an eyesore along Bangkok's skyline for years, has given way to a modest number of construction cranes and new, completed expressways
A few years ago, reports from Hollywood indicated that Oscar-winning actor Halle Berry was to play the Indian-American activist-lawyer Vanita Gupta, who won the 2004 India Abroad Publisher's Special Award, in a film called Tulia.
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