French food giant Groupe Danone will soon part ways with its Indian partner Britannia and launch products on its own in the booming Indian market, reports today’s Wall Street Journal (subscription required). Apparently, there has been tensions between the two companies over Danone’s plans to enter the market on its own. By the terms of a […]
Indian news media report that in their eagerness to get their kid into the Guiness Book, a doctor couple in the town of Manaparai in the South Indian state of Tamil Nadu have allowed their 15-year-old son Dileepan Raj to perform a caesarean operation. The boy is studying in the 10th grade. Several doctors were […]
Like millions of others, we’ve been fascinated by the story of the Boy King Tutankhamun, the discovery of his tomb by British archaeologist Howard Carter in 1922 and, of course, the Curse of the Pharaoh. So it was with much anticipation we headed for Philadelphia the other day to catch the King Tut Exhibition before it left town. […]
Following on a Financial Times story last week, the WSJ (subscription required) today has a piece on Bollywood looking to tap funds on London’s Alternative Investment Market. Indian Film Co, an affiliate of Network 18 will list on AIM today following upon Bollywood film maker and distributor Eros International listing on the AIM last year. And […]
Yahoo CEO Terry CEO Terry Semel, who has deservedly been criticised for his rich pay package and not doing enough to counter the Google juggernaut, has resigned. Semel will now be non-executive chairman. Acknowledging widespread dissatisfaction with Yahoo’s recent financial performance, Semel said in his resignation letter: This is the time for new executive leadership, […]
U.S. Democratic presidential candidate Barack Obama, who has vowed to run a dignified campaign, has attacked his rival Hillary Clinton for her “personal, financial and political ties to India” in a memo leaked to the New York Times by the Clinton camp. The caustic memo referred to Hillary Clinton as D-Punjab, a reference to Hillary’s […]