New York: IT bellwether Infosys on Wednesday said the company and some of its employees are target of US probe related to its sponsorships of B1 business visas. Infosys had received a "subpoena" from a grand jury in the US District Court for the Eastern District of Texas in May last year. The subpoena requires that Infosys provide to the jury certain documents and records related to the company's sponsorships...
09:49 PM, Jan 25, 2012
New Delhi: Known for his eccentricity and controversial movies, Ram Gopal Varma demanded everyone's attention once again by making a statement on Twitter about Puri Jagannadh's 'Businessman' " that the film will be a flop. The director-producer even gave a valid reason for his remark. Puri evidently narrated the story of Businessman's sequel to Varma, which again will have superstar Mahesh playing the protagonist. Pretty impressed with the script and...
05:02 PM, Jan 25, 2012
New Delhi: Directed by Puri Jagannadh and starring Mahesh Babu, the first major Tollywood movie of the year had quite a pleasant box office opening. In the city on a promotional tour, Kajal Aggarwal got talking about her profession. "The year 2011 has been a good year for me. My movies have done well and the audience have received me pretty well. I'm very happy and very grateful about how...
04:07 PM, Jan 23, 2012
Lahore: Controversial Pakistani-American Mansoor Ijaz, who has been summoned by a judicial panel probing the memo scam, will be provided security, but billions of rupees could not be spent on it, Prime Minister Yousuf Raza Gilani said. "Under the constitution, providing security to Ijaz is the duty of the Interior Ministry as and when required the Rangers and Army can also be summoned," Gilani said. However, he was quoted as...
10:36 AM, Jan 23, 2012
New Delhi: US-based businessman Mansoor Ijaz, the man who could severely embarrass the Pakistani government in the memo scandal, is now claiming the government is doing its best to prevent him from testifying before the Supreme Court, in front of which is scheduled to make an appearance. Ijaz said the Pakistani government is trying to prevent his entry into the country by ensuring his name is placed on an exit...
10:52 PM, Jan 21, 2012
Mansoor Ijaz has to appear before the Pakistan judicial commission before January 24. ...
01:21 PM, Jan 18, 2012
Islamabad: Controversial Pakistani-American businessman Mansoor Ijaz, who made public the mysterious memo that triggered a row between the government and the military, has been issued a visa so that he can travel to Islamabad to testify before a judicial commission investigating the issue. Ijaz, who lives mainly in Europe, was issued a visa by the Pakistani Embassy at Berne in Switzerland and will travel to Pakistan on January 24 to...
01:15 PM, Jan 18, 2012
New Delhi: "The businessmen, whoever you are, (if your are) staying in Bengal you don't worry. If I murder somebody, that's a different case. Crime is crime; you cannot compare the crime activities with the business activities. Law of the land has to be followed." With that grim assurance to investors, West Bengal Chief Minister Mamata Banerjee boldly plunged into a sales pitch for attracting investment in the cash-strapped state...
03:49 PM, Jan 16, 2012
The precious metal is in the last stage of a bull market. Once global economies get back on track, it will lose its glow. Gold prices have come off a high of $1,900 per troy ounce reached in September 2011. For some time now, prices have been moving in a $200 range between $1,600 and $1,800. Heres the thought: It is not that gold prices are going up, it is...
01:18 PM, Jan 16, 2012
Mumbai: The benchmarks as well as broader markets closed flat on first day of the week. It was under pressure in the first half of trade due to weak Asian cues, tracking a series of downgrades in Europe by rating agency S&P. Oil & gas sector too weighed down the market. However, the market seemed to have factored in all negatives and it managed to turn positive in the second...
09:08 AM, Jan 16, 2012
Mumbai: Reliance MediaWorks, a film and entertainment company, said its board had approved separating its exhibition and film and media services businesses into subsidiaries. The firm, controlled by billionaire Anil Ambani, said the proposed restructuring is a precursor to inviting investments from strategic and private equity investors who have expressed an interest in specific businesses. "The proposed subsidiarisation will better position the company to pursue strategic growth opportunities in its...
10:11 PM, Jan 15, 2012
Hyderabad: Film: 'Businessman'; Cast: Mahesh Babu, Kajal Agarwal, Prakash Raj, Shayaji Shinde, Nasser, Dharmavarapu Subramaniam, Brahmaji, Bharat Reddy, Raja Murad and Jahangeer Khan; Writer-Director: Puri Jagannath; Producer: Venkat; Music Director: S.S.Thaman; Camera: Shyam K. Naidu; Rating: *** The magical combination of charismatic hero Mahesh Babu and director Puri Jagannath has come back again after a gap of nearly five years. The duo's last film 'Pokkiri'(2007) was a spectacular success and...
06:44 PM, Jan 15, 2012
Hyderabad: The latest Tollywood film, 'Businessman', which was released all over the state on Friday landed in a controversy with the Bajrang Dal lodging a police complaint that one of the songs in the film contained vulgar words and conveyed unacceptable meaning. In his complaint to the Mahankali police, Dal city unit's representative Murali alleged that the song in question, 'Bad Boys...', was written with vulgar words and demanded action...
06:57 PM, Jan 14, 2012
Washington: US President Barack Obama on Saturday said that it was time to focus on "insourcing" and not on outsourcing, which takes jobs outside the country. In the coming weeks, Obama said, he would bring in policies that would discourage outsourcing and would provide incentives to companies that bring back jobs from overseas. "You have heard of outsourcing. Well, this is insourcing," Obama said in his weekly address to the...
05:07 PM, Jan 14, 2012
Lawrence Summers has served as US treasury secretary under Bill Clinton, a post currently held by his protegee Timothy Geithner. Presently, he teaches economics at Harvard University, where he was formerly the president. He comes from a family of economists. His parents are economists and he is a nephew of Paul Samuelson and Kenneth Arrow, both Nobel Laureates in economics. How is India positioned as a global consumption engine? India...
03:39 PM, Jan 13, 2012
Greg Case is the president and CEO of Aon Corp. Prior to joining Aon, Case was with management consulting firm McKinsey & Company for 17 years. Most recently, he served as head of the Financial Services Practice. He was previously responsible for McKinseys Global Insurance Practice, and was a member of McKinseys governing Shareholders Committee. Q. As many global economies head into a slowdown and political uncertainty, how are risk...
11:42 AM, Jan 13, 2012
Lawrence Summers has served as US treasury secretary under Bill Clinton, a post currently held by his protegee Timothy Geithner. Presently, he teaches economics at Harvard University, where he was formerly the president. He comes from a family of economists. His parents are economists and he is a nephew of Paul Samuelson and Kenneth Arrow, both Nobel Laureates in economics. How is India positioned as a global consumption engine? India...
11:00 AM, Jan 13, 2012
He started his career as an assistant director in several Telugu movies. He jumped into the direction scene with his debut venture 'Badri'. He then started Vaishno Academy, which went on to produce many hit movies like 'Amma Nanna O Tamila Ammayi', 'Pokiri', among others. Meet director Puri Jagannadh, an animal lover, whose latest flick, 'Businessman', will be released on January 13. Love for animals "I just love animals," says...
10:39 AM, Jan 13, 2012
