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Sushma Swaraj expresses concern over violence in various Gulf countries

Aug 21, 2014 at 15:22 | Source: FirstPost

New Delhi: Amid escalation in violence in a number of Gulf countries, India today expressed deep concern over the rise of fanaticism, extremism and terrorism in parts of the Arab region, saying they are tearing apart the fabric of societies as well a...

Closed-ended MFs give greater flexibility to fund managers ensure higher fee to distributors

Aug 20, 2014 at 13:30 | Source: Economic Times

MUMBAI: At least five closed-ended equity funds are currently open for subscription, as financial intermediaries push these instruments with a threeyear or longer lock-in periods which give fund managers greater flexibility to manage the money as wel...

HDFC, ICICI Prudential Asset Management Company and Franklin Templeton among top 3 fund houses, says report

Aug 19, 2014 at 20:51 | Source: Economic Times

MUMBAI: Top three positions continue to be captured by the same three fund houses namely HDFC, ICICI Prudential Asset Management Company and Franklin Templeton during the past three years, according to the third Annual Wealth Forum Advisor Confidence...

Sri Lanka to refuse visas to UN investigators probing war cimes

Aug 19, 2014 at 13:16 | Source: FirstPost

Sri Lanka will not grant visas to UN investigators probing war crimes allegedly committed during the island's decades-long separatist conflict, President Mahinda Rajapakse said Tuesday."We will not allow them into the country," said Rajapak...

Jackie Chan's son detained in one of Beijing's biggest drug bust

Aug 19, 2014 at 08:44 | Source: FirstPost

Beijing: Hong Kong action superstar Jackie Chan's actor-son Jaycee Chan has been detained in Beijing on drug-related charges, the latest high-profile celebrity to be ensnared in one of China's biggest anti-drug crackdowns in two decades.Jaycee Chan, ...

Imran Khan's Azadi march falls flat as he fails to mobilize mass support

Aug 18, 2014 at 14:56 | Source: FirstPost

Pakistan's opposition parties distanced themselves Monday from Imran Khan's call for mass civil disobedience to unseat the government, as talks began to try to end a destabilising five-day political standoff.Khan, the former cricket star who leads th...

Scottish independence: Tories claim oil estimates were wrong

Aug 18, 2014 at 04:52 | Source: BBC

The Conservatives have accused the Scottish government of getting its projections on oil and gas revenues spectacularly wrong . Newly-published statistics showed Scotland's share of North Sea revenue was £4bn in the financial year 2013/14. The ...

In pictures: Pope beatifies South Korea Catholic martyrs

Aug 16, 2014 at 10:22 | Source: BBC

Pope Francis was greeted by hundreds of thousands of Catholics in South Korea, as he delivered a large open-air Mass during which he beatified 124 of the country's first Catholics. Many of the attendees were invited through their local churches ...

EXCLUSIVE - Wife defines stakes in Oklahoma divorce: $17 billion

Aug 15, 2014 at 23:30 | Source: FirstPost

OKLAHOMA CITY (Reuters) - More than $17 billion of Oklahoma oilman Harold Hamm's fortune could be subject to division with his estranged wife, according to an economic analysis presented in their divorce trial, defining the stakes in one of the bigge...

Rosneft requests $42bn loan from Russian government

Aug 15, 2014 at 18:22 | Source: BBC

Russia's state-controlled energy giant Rosneft has asked the Russian government for a $42bn (£25.2bn) loan, as it feels the impact of Western sanctions. The government said it will consider the request from Igor Sechin, head of Rosneft, in the ...

Pope prays for Korea ferry disaster victims, warns of spiritual "cancer"

Aug 15, 2014 at 11:15 | Source: FirstPost

DAEJEON South Korea (Reuters) - Pope Francis on Friday commemorated the more than 300 people killed in a ferry disaster in April, and called on South Koreans, among Asia's richest people, to beware of the spiritual "cancer" that often accom...

Ferguson shooting: An Indian American mother worries for her son

Aug 14, 2014 at 15:14 | Source: FirstPost

By Sonia ChopraI had a familiar feeling --- a weight in my stomach, nausea rising to my throat --- as I heard the news of another black unarmed teenager shot dead in a small town in Missouri recently.Michael Brown, 18, was only a few days away from s...

Markets obsessed with bold reforms, says Normura; raises Sensex target to 30,310

Aug 14, 2014 at 13:12 | Source: Economic Times

NEW DELHI: Global brokerage house Nomura on Wednesday raised its target for the BSE Sensex to 30,310 by end of August 2015, saying that the cyclical pick-up in growth is being ignored by the market obsessed with bold policy and reform moves from the ...

After Ferguson shooting, an Indian American mother worries for her son

Aug 14, 2014 at 13:08 | Source: FirstPost

By Sonia ChopraI had a familiar feeling --- a weight in my stomach, nausea rising to my throat --- as I heard the news of another black unarmed teenager shot dead in a small town in Missouri recently.Michael Brown, 18, was only a few days away from s...

About 400 Flipkart employees with stock options become crorepatis in less than a decade

Aug 14, 2014 at 12:07 | Source: Economic Times

BANGALORE: About 400 employees with stock options at online retailer Flipkart have hit the 'crorepati' jackpot because of the surging valuation of the online retailer. The bonanza is reminiscent of the times when thousands of employees — among them...

Ajay Piramal to strengthen role in Shriram Group, takes over as Chairman of Shriram Capital

Aug 13, 2014 at 13:00 | Source: Economic Times

MUMBAI: Ajay Piramal will strengthen his role in Shriram Group by taking over as chairman of Shriram Capital, the holding company of the financial services business, as the billionaire investor consolidates his hold. "Ajay will be made chairman of Sh...

Decks cleared for realty trusts

Aug 11, 2014 at 09:47 | Source: Calcutta Telegraph News

Mumbai, Aug. 10: The Securities and Exchange Board of India (Sebi) today paved the way for more fund inflows into real estate and infrastructure as it cleared new norms for the setting up and listing of investment trusts in these two sectors. The nor...

Not Modi, it's Batra: Why we must go beyond Macaulayputra vs Dhartiputra

Aug 08, 2014 at 17:35 | Source: FirstPost

This is not the best of times to be a liberal in India.It has less to do with Narendra Modi and more to do with Dinanath Batra.While liberals might be aghast at the rise of Modi, they also saw him coming. They may have excoriated Modi but they could ...

Ebola explained: What is the real risk of the W. African outbreak?

Aug 08, 2014 at 12:40 | Source: FirstPost

By Julia ShenEbola's deadly sweep across West Africa has raised global alarm: Nigeria recently became the fourth country affected by the virus when a traveler fell ill and died in Lagos after flying there from Monrovia. With the Nigerian case, Ebola ...

Akshay Kumar enjoyed working with 100 dogs in Entertainment

Aug 08, 2014 at 08:47 | Source: FirstPost

New Delhi: Being a dog lover, Akshay Kumkar enjoyed working with dogs in his upcoming film Entertainment and the actor is confident that the film will find love from the audience because of its unique concept."The film shows the relationship bet...

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