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  • Morgan Stanley to sell Indian private banking arm to StanChart Morgan Stanley to sell Indian private banking arm to StanChart

    MUMBAI - The UK based Standard Chartered (StanChart) Monday announced plans to acquire the Indian private wealth management business of US multinational financial services firm Morgan Stanley for an undisclosed amount as part of plans to expand operations. The acquisition is subject to regulatory approvals. "Standard Chartered India has agreed to acquire Morgan Stanley's onshore private ...

  • Large rally places job demands on Italian government Large rally places job demands on Italian government

    Protesters marching in the tens of thousands rallied in Italy on Sunday to rail against the policies of the new coalition government. Around 100,000 protesters, led by trade unionists, converged on Rome to wave red flags and placards, urging changes to austerity measures. The union-led crowd called for the new government of centre-left Prime Minister, Enrico Letta, to focus on job ...

  • Americans happier with economic figures Americans happier with economic figures

    Americans are at their most optimistic since 2007 according to a Thomson Reuters/University of Michigan index of consumer sentiment. The preliminary index has shown optimism increased to 83.7 in May as stocks surged and real estate climbed. With record stock prices boosting household wealth and unemployment down in some areas, consumers were able to see their way through the effects of ...

  • Work starts on creation of new Dubai island Work starts on creation of new Dubai island

    Work began on Monday on the development of a man-made island in Dubai, 500 metres directly opposite the Jumeirah Beach Residence complex. To be known as Bluewaters Island, the new development will house five star hotels and resorts, al fresco dining and entertainment zones, and residential apartments and villas. The focal point of the island city, which will cost $1.6 billion, will be a 688 ...

  • Financial Times allegedly hacked by Syrians Financial Times allegedly hacked by Syrians

    Britain's Financial Times was hacked last week by a mysterious group calling itself the Syrian Electronic Army. The newspaper's technology blog was hacked to display a slogan saying: "Hacked by the Syrian Electronic Army." Several Twitter feeds run by the Financial Times were also plastered with similar slogans. The FT later said its blogs and social media accounts had been compromised ...

Movie Review

Pretty Woman [Blu-Ray]

Pretty Woman [Blu-Ray]

It is a rare thing to get to witness an actress becoming a star in a single movie, but that is exactly what we witness happening with Julia Roberts in Pretty Woman. Playing Vivian Ward, a down-on-her-luck prostitute who works the corners of Hollywood Boulevard back when it was a ... ...

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  • Target looks for new ideas from digital world

    Target Corp has opened a new office base in San Francisco in order to discover technology ideas. With the second-largest US retailer trying to grow its online commerce business, a Technology Innovation Center has been set up to develop mobile commerce, which has become a particular focus of retailers because new technology allows people to use their mobile devices to shop. With a huge ...

  • Hackers target important Saudi websites

    The Saudi Arabia state news agency has reported a coordinated attack on the country's government websites. Several government websites in Saudi Arabia came under heavy cyber attacks last week, shutting them down for a short time. The attacks have been traced to IP addresses from a number of countries. Saudi investigators found the attacks had been launched from hundreds of Internet ...

  • Despite aberrations India and China truly see themselves as partners Khurshid

    External Affairs Minister Salman Khurshid on Monday said that despite aberrations like the recent stand-off over the Chinese troop incursion in the Eastern Ladakh region of Jammu and Kashmir, both India and China truly see themselves as partners in the regional and global context, both presently and for the future as well. Speaking exclusively to ANI, Khurshid, who took part in the ...

  • India and China have more mutual interest than differences

    In wake of Chinese Premier Li's visit to India, Ambassador of India in China Jaishankar during a press conference said that India is a priority in China's agenda of global development. Jai Shankar said that the present visit of the Chinese Premier Li to India is significant because it is his first visit to India. " India surely is a priority in China's agenda today on global development. This ...

  • Nepali-Canadian first to climb Everest without prosthetic limbs

    In a bid to prove to the world that "disability was not inability", Sudharshan Gautam, a Nepali-Canadian citizen, became the first amputee to climb Mount Everest without the help of prosthetic limbs, officials said Monday. "We received information that Gautam, who has no hands, climbed Mount Everest," Dipendra Paudel, an official at Nepal's mountain department under the ministry of tourism and ...

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