InMobi, Snapdeal could get boost from Google, Alibaba
Two Indian firms could get a boost from tech majors in what might turn out to be the first direct investment in the country by Google Inc and Alibaba. Chinese e-commerce giant Alibaba is in talks with Indian online marketplace Snapdeal over a potential cash investment, a person familiar with the... read more »
Ranbaxy merger: Sun Pharma readies new leadership team
Taking forward its acquisition of Ranbaxy Laboratories , Sun Pharma has put in place a team of top executives, including Dilip Shanghvi’s son Aalok Shanghvi, to lead the businesses of both the organisations. While the leadership team is comprised mainly from the representatives of Sun Pharma,... read more »
United Nations to Hold Disaster Meeting in Tsunami-Hit Japan
TOKYO: The UN will hold a once-in-a-decade meeting on disaster risk reduction this weekend, with policymakers gathering in tsunami-struck Japan after warnings that the cost of climate change-related calamities could bankrupt future generations. The meeting will review what lessons have been learned... read more »
Sri Lanka seizes passports of 74 Indian nationals
The Government of Sri Lanka has reportedly seized the passports of 74Indian nationals working at a plywood factory near Colombo. The Indian nationals have reportedly been charged with working in the island-nation without valid work visas. The Department of Immigration and Emigration in Sri Lanka... read more »
