Yesterday, American soldiers swooped into a million-dollar mansion in the resort city of Abbotabad, Pakistan, far from the rough frontier area where Osama bin Laden was supposedly hiding. In fact the mansion, surrounded by high walls was just half a mile from the Pakistan Military Academy. The British Newspaper Daily...
India wins World Cup Cricket after 28 years; Economic Bonanza follows
For the first time since the Indian economy liberalized in 1991, India won the World Cup in cricket, the game that is India's passion. By beating Sri Lanka in a thrilling finish at Mumbai's Wankhede Stadium, India won the trophy in a moment of joy for the entire country on...
Ferrari to sells four models in India this year
In deal with India's Shreyans group,the Italian sportscar maker Ferrari plans to open its first dealership in New Delhi in the upcoming spring, and a second one is scheduled to open in Mumbai in the second half of 2011. The company, a unit of Fiat, will sell its California, 458...
Actor Harvey Keitel to appear in India movie
Harvey Keitel (Little Fockers, Reservior Dogs) will star in his first Indian film, Against Itself, portraying a secular expatriate American schoolmaster in India who struggles to protect his students and school from anti-Gandhian forces. The 71-year-old veteran visited Mumbai and attended script reading sessions, wardrobe tests, interacted with the cast...
Open Innovation Center at Nestle/General Mills unit
Executives from Nestle and General Mills attended the opening of an innovation center for Cereal Partners Worldwide, (CPW), a joint venture between the two companies located in Orbe, Switzerland. The new $50 million facility will focus on innovation to deliver new consumer benefits through CPW’s breakfast cereals, including improved nutrition,...
Shopper's Stop retail sales jump 20 percent
The operator of Crossword, Mothercare, M.A.C. and HyperCity stores said that its sales for the last quarter rose to $101 million, an increase of 20 percent. Same-store sales, a measure of growth based on sales in stores that have been open for at least a year, were up 22 percent according...