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News Corp acquires 25% stake in PropTiger.com
Rediff.com

News Corp acquires 25% stake in PropTiger.com

Rupert Murdoch-led News Corp has acquired 25 per cent stake in real estate portal PropTiger.com, a leading digital real estate marketing platform in India for $30 million.  The acquisition, News Corp said, was aimed at accelerating its global digital footprint with an emphasis on India, where the company also has a presence through Dow Jones, Wall Street Journal and HarperCollins Publishers businesses. “The PropTiger investment is consistent with News Corp's digital growth plans ... Rediff.com, 21 hours ago
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'Real-life Rocky' faces daunting reality in Pacquiao

‘They're trying to make out like Algieri is the next Rocky. But this isn't a movie’ ‘My time is not over yet. I'm not predicting a knockout, but I'm looking for a good fight and looking to prove I can still fight’ Chris Algieri speaks to media about the upcoming fight against Manny Pacquiao. Photograph: Chris Hyde/Getty Images Nine months ago, American Chris Algieri was fighting in a venue holding less than 2,000 spectators, but on Sunday he enters the big time when he ...
 Rediff.com6 days ago
Rediff.com

Now, send money to your Facebook friends real time for free

Private sector lender Kotak Mahindra Bank on Monday launched a Facebook-based instant fund transfer service wherein one can send money to friends on the social media network real time, for free. "This is a bank agnostic product, the sender and the receiver may not be our account holders. "We have used the IMPS platform on the National Payments Corporation of India network to make this possible," KMB's executive vice president and head of digital initiatives, Deepak Sharma, told PTI over phone.
 Rediff.com1 month ago
Rediff.com

WTF News: It's Weird, True and Funny

Here's your weekly dose of weird, true and funny news from around the world. Man eats an entire turkey in ten minutes, wins Rs 3 lakh Competitive eater Joey Chestnut has won a turkey-eating contest in Connecticut, setting a record by devouring an entire bird. Ten contestants vied to see who could eat the most of a 20-pound turkey in a competition Saturday at Foxwoods Resort Casino in Ledyard, Connecticut. Chestnut ate nine-point-35 pounds of meat off the bone in 10 minutes. According to Major ...
 Rediff.com3 hours ago
Rediff.com

Indian economy set to enter 'Goldilocks' phase with 6.4% GDP

Indian economy is set for a 'goldilocks' period -- used to describe a time frame of high growth and low inflation -- while it can become Asia's fastest growing economy in 2016, Japanese financial major Nomura said. The global financial services major is also optimistic about "productivity-enhancing reforms" in the country and estimated the GDP growth for 2015 at 6.4 per cent. "We are positive on India's economic outlook in 2015. The key downside risks to our view are weaker global growth, ...
 Rediff.com21 hours ago
Rediff.com

Quiz Time: Name Asin's first Hindi film

In a special series, we will put YOU to the test everyday! Take part in our daily Bollywood quiz, and see how well you know Hindi cinema! 1.Name Asin's first Hindi film. A. Ghajini B. London Dreams C. Ready Wrong! Try Again. Wrong! The correct answer is A. Ghajini Asin had worked in the original Tamil movie Ghajini, starring Suriya. Like the Hindi version, the Tamil film was also directed by A R Murugadoss. Correct! Asin had worked in the original Tamil movie Ghajini, starring Suriya. Like ...
 Rediff.com22 hours ago
Rediff.com

Right time for Pentagon to have new leadership: Chuck Hagel

United States Defence Secretary Chuck Hagel resigned on Monday amid reports of differences with President Barack Obama who apparently wants to install a new leadership at the Pentagon as he enters the last two years of his presidency facing new global challenges like the rise of IS. Obama himself made the surprise announcement at a White House media availability convened at a very short notice. Hagel had tendered his resignation a few hours ago. He has been asked to stay till a replacement is ...
 Rediff.com1 day ago
Rediff.com

Ronaldo grabs double as Messi breaks goal record

Cristiano Ronaldo of Real Madrid celebrates after scoring. Photograph: Juan Manuel Serrano Arce/Getty Images Cristiano Ronaldo struck twice as leaders Real Madrid subdued Eibar 4-0 on Saturday while Lionel Messi set a La Liga record of 253 goals with a hat-trick in second-placed Barcelona's 5-1 rout of Sevilla.James Rodriguez nodded Real in front in the 23rd minute at Eibar's tiny Ipurua stadium in the Basque Country, which holds fewer than 6,000 spectators, and Ronaldo's scuffed shot made it ...
 Rediff.com2 days ago
Rediff.com

Global firms in talks to invest in India's real estate

Property and equity firms from Malaysia, Singapore and other Asian countries are weighing the Indian real estate market, following the Centre’s move to relax foreign investment norms in the sector.   Recently, the government had relaxed norms for foreign direct investment (FDI) into the sector, including a cut in the minimum built-up area required to 20,000 sq m from 50,000 sq m; the initial capital required was halved to $5 million. According to norms, 100 per cent FDI is ...
 Rediff.com3 days ago
Rediff.com

Sports Shorts: Zidane coaching ban overturned

Zinedine Zidane of Real Madrid. Photograph: Alex Livesey/Getty Images Zinedine Zidane has had a three-month ban for coaching Real Madrid's B team without the correct licence overturned on appeal, the club confirmed on Friday. "Spain's Administrative Court for Sport (TAD) has accepted the case put forward by the club which means that the first and second trainers of Real Madrid Castilla - Santiago Sanchez and Zinedine Zidane - can carry out their profession," read a statement. It follows a ...
 Rediff.com4 days ago
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