Wednesday, April 10, 2013

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Hotel companies find a short cut through India's red tape

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MUMBAI - Starwood Hotels & Resorts Worldwide Inc got a 104-room hotel up and running in India in less than 12 months, bypassing years of red tape by rebranding an existing property instead of building a new one.

Subrata Roy says has assets worth under $1 mln

MUMBAI - Often described in media reports as a billionaire, the boss of the unlisted Sahara conglomerate said on Wednesday he had assets totalling roughly 50 million rupees.
Business 10 Apr 2013

S.Korea, U.S. remain on missile watch as North lauds Kims

SEOUL - South Korea and the United States remained on high alert for any North Korean missile launch on Thursday as the hermit kingdom turned its attention to celebrating its ruling Kim dynasty and appeared to dial down rhetoric of impending war.
World 9:33am IST

Ailing Messi inspires Barca to comeback against PSG

BARCELONA - A clearly ailing Lionel Messi came off the bench to galvanise Barcelona and help salvage a 1-1 draw with Paris St Germain on Wednesday which put the favourites through to the Champions League semi-finals for a sixth straight season.
4:15am IST

U.S. revives probe of media's handling of economic data - source

WASHINGTON - U.S. law enforcement officials have reversed a decision to wind down an investigation into how news agencies handle the release of economic data to investors, concerned some sensitive information may have leaked into financial markets, a person familiar with the probe said on Wednesday.
Business 9:39am IST

NASA unveils plan to catch asteroid as step to Mars flight

CAPE CANAVERAL, Florida - President Barack Obama wants NASA to start work on finding a small asteroid that could be shifted into an orbit near the moon and used by astronauts as a stepping-stone for an eventual mission to Mars, agency officials said on Wednesday.
World 7:14am IST

Friendships cut short on social media as people get ruder - survey

LONDON - Rudeness and throwing insults are cutting online friendships short with a survey on Wednesday showing people are getting ruder on social media and two in five users have ended contact after a virtual altercation.
Tech 8:48am IST

Bickering stakeholders delay India's IOC return

MUMBAI - India appears no closer to a return to the Olympic fold as officials from the country's Olympic association and sports ministry bicker over a controversial government sports code.
10 Apr 2013

Car sales fall 7 percent in FY13, first drop in a decade

MUMBAI/NEW DELHI - India's annual car sales fell for the first time in a decade in the financial year just ended and are expected to post subdued growth this year, calling into question bullish expectations that fuelled billion-dollar bets from global manufacturers.
Business 10 Apr 2013

Unflappable Bayern expose Juventus shortcomings

TURIN, Italy - An unflappable Bayern Munich reached the Champions League semi-finals on Wednesday as Juventus were given a harsh reminder of the gap between themselves and Europe's elite after their campaign fizzled out in a 2-0 home defeat.
4:17am IST
 
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Tata Motors gains on hopes JLR wholesales to improve

MUMBAI - Shares in Tata Motors rose as much as 4.9 percent on Thursday on hopes unit Jaguar Land Rover Ltd (JLR) would report solid global wholesales for March, which are due later in the day.

Big venture firms eye opportunity in Google Glass

SAN FRANCISCO - Venture firms Andreessen Horowitz, Google Ventures, and Kleiner Perkins Caufield & Byers are teaming up to provide funding for startups working with Google Glass, the hybrid eyeglasses and smartphone developed by Google.

S.Korea, U.S. remain on missile watch as North lauds Kims

SEOUL - South Korea and the United States remained on high alert for any North Korean missile launch on Thursday as the hermit kingdom turned its attention to celebrating its ruling Kim dynasty and appeared to dial down rhetoric of impending war.

Nervy Barcelona and dominant Bayern advance to semis

LONDON - Barcelona flirted with a shock Champions League exit before moving into the semi-finals with an away-goals victory over Paris St Germain while Bayern Munich completed a comfortable aggregate win over Juventus on Wednesday.

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