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Champions League: Bayern's injury woes continue as Ribery out ...

Arjen Robben and Franck Ribery of Bayern Munich. Photograph: Kai Pfaffenbach/Reuters Bayern Munich will be without experienced Franck Ribery when they meet Manchester City in their Champions League Group E opener on Wednesday with fellow winger Arjen Robben also doubtful, coach Pep Guardiola said. Frenchman Ribery made his Bundsliga season debut on Saturday following weeks out with a knee injury, making a short appearance as a substitute and scoring in a 2-0 win over VfB Stuttgart. "He is not ..., 56 minutes ago

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Why the Alibaba model does not work in India

Chinese business-to-business e-commerce giant Alibaba is making waves with its much-anticipated $22-billion initial public offer, but Indian retailers are in no hurry to explore the B2B e-commerce space. While global competitors Amazon and Walmart are looking to explore B2B online in India, traditional Indian retailers like the Future group and Reliance Retail and e-commerce players such as Snapdeal and Flipkart have no immediate plans in this area.Amazon declined to comment on its plans.
 Rediff.com1 hour ago Alibaba boosts IPO as demand strengthens  The Financial Chronicle21 hours ago Alibaba can now raise £15.4bn in its IPO  Invezz22 hours ago

'I am a recognisable face. That changes so many things in your life'

'It wasn’t difficult to play a chef because it was not about knowing recipes. I just had to look comfortable in the kitchen,' Aditya Roy Kapur tells Patcy N. Aditya Roy Kapoor is one of the few actors who tasted success by drinking on set. But after Ashiqui 2 and Yeh Jaawani Hai Deewani, Aditya wants to leave his drunk characters behind, and move on to 'something different and challenging.' This Friday, we will see him play a chef in Daawat-e-Ishq, a delicious-looking romantic comedy ...
 Rediff.com1 hour ago

Fresh tax demand on foreign investors

The foreign portfolio investors (FPIs) structured as companies recently received communications from the tax department asking them to pay minimum alternate tax (MAT) on their gains in Indian markets.  The notices, sent in May and June, were with respect to the assessment years 2008, 2009 and 2010. A source familiar with the development said the issue came up during internal review of orders and the tax department took the view that such foreign investors were also subject to MAT. The ...
 Rediff.com2 hours ago

Minority shareholders want Mallya to be removed from MCF board

The takeover of Mangalore Chemicals and Fertilizers has taken another turn, with Nagreeka Foils, a minority shareholder in the company, writing to the Securities and Exchange Board of India  to protect the interests of minority shareholders.Nagreeka’s letter, a copy of which is available with Business Standard, comes a day after the Competition Commission of India approved Zuari chief Saroj Poddar’s joint open offer with UB Group chief Vijay Mallya to acquire an additional 26 ...
 Rediff.com2 hours ago

Hope my old bow brings luck, says Deepika

Deepika Kumari seeks to bury London ghosts with Asian Games medal. Image: Deepika Kumari of India aims during the recurve womens team final. Photograph: Dean Alberga/World Archery Federation via Getty Images The unpleasant memories of 2012 Olympics still fresh in her minds, Indian archery's blue-eyed girl Deepika Kumari is desperate to bury the ghosts of London with a medal-winning display in the upcoming Asian Games in Incheon. Touted as India's biggest medal hope in London, the then World No ...
 Rediff.com2 hours ago

US man charged with providing help to ISIS militants

A United States national from New York has been charged for providing material support to Islamic State, a designated foreign terrorist organisation. Mufid Elfgeeh, 30, of Rochester, was charged on Tuesday with three counts of attempting to provide material support to IS. Elfgeeh was also charged for attempting murder of current and former members of the US military, of possessing firearms equipped with silencers in furtherance of a crime of violence, and for the possession of unregistered ...
 Rediff.com2 hours ago

Modi coins mantra for Xi: 'Inch towards Miles'

“India and China are bound by history, connected by culture, and inspired by rich traditions. Together they can create a bright future for the entire mankind.” “... the arithmetic and chemistry of our relations convince me that together we can script history and create a better tomorrow for all of mankind.” Prime Minister Narendra Modi held a special interaction with Chinese media persons in New Delhi on the eve of the visit of Chinese President Xi Jinping where he ...
 Rediff.com6 hours ago Modi sees upswing in India-China ties  Jagran Post18 hours ago Better India-China ties can benefit entire mankind: Modi  Rediff.com20 hours ago Modi to Chinese journos: When India, China gain, the world gains  Rediff.com21 hours ago

Mother kills girl, commits suicide

A 21-year-old woman and her five-month old daughter were found hanging from the ceiling in Southwest Delhi’s Dwarka area on Monday night. The police suspects that the woman, identified as Rajni, first hanged her daughter, Trisha, and then committed suicide.
 Asian Age6 hours ago

‘Withdrawing child from school a criminal offence’

The Delhi high court on Tuesday warned a woman over withdrawing her daughter from school and told her that strict action would be taken against her, as it was a “criminal offence.” The court has asked the Delhi government to get the 13-year-old girl, who ...
 Asian Age6 hours ago
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