Inox to acquire Satyam Cineplexes for Rs.182-cr
Multiplex operator Inox Leisure, on Wednesday, said it would acquire Gurgaon-based rival Satyam Cineplexes in a Rs.182-crore deal, which would strengthen its presence in North India. The Mumbai-based exhibitor will acquire 100 per cent equity share capital of Satyam from its promoters, Inox said in... read more »
U.S. intense to invest in 3 key areas
Going by the priorities of the new government, the United States has decided to focus on three areas in India which include infrastructure, manufacturing and sectors that are more open for global investment, said Penny Pritzker, Secretary of Commerce, U.S. Department of Commerce, at an interactive... read more »
‘ITC will continue to enter newer areas’
ITC would continue to enter newer areas in non-cigarette FMCG business, Chairman Y. C. Deveshwar said, adding that the company had demonstrated that it was possible to have multiple growth drivers. Elaborating on a point made earlier at the annual meeting, he said “We are looking at beverages and... read more »
HTC Global to hire 7,000 in India
HTC Global Services, a provider of IT and IT-enabled services, plans to add an additional 7,000-8,000 employees to its workforce here in the country over the next few years. The U.S-based company, which has delivery centres in Hyderabad and Chennai and a global workforce of over 6,500 employees, is... read more »
Suicide bomber kills four Afghan soldiers in Kabul
Taliban claims responsibility, says 25 officers were killed; Defence Ministry claims killing 11 Taliban fighters in an airstrike At least four soldiers and 11 militants were killed in... read more »
NSA Internet spying legal, says Obama-appointed privacy board
The Privacy and Civil Liberties Oversight Board’s validation is in contrast to its last report in January, when it argued that the NSA’s collection of domestic calling records was... read more »
Nearly 200 arrested after Hong Kong ‘invade’ protest
Hong Kong Police said 196 people were arrested for illicit assembly and preventing police from carrying out their duties. Police said 98,600 people joined Tuesday’s rally at its peak,... read more »
BJP, Ministers angry over U.S. surveillance
Reacting to revelations by former U.S. CIA contractor Edward Snowden that India and the BJP, in particular, were under American surveillance in 2010, both the party and Ministers expressed... read more »
Central India may experience drought: Agriculture Minister
Agriculture Minister Radha Mohan Singh on Tuesday warned of drought-like conditions in Central India. Mr. Singh’s statement follows an India Meteorological Department’s (IMD) release showing 61... read more »
