Alibaba’s IPO biggest-ever globally after additional shares sold: Sou...
HONG KONG: Alibaba Group Holding Ltd and some of its shareholders have sold an additional 48 million shares, a source with direct knowledge of the deal said on Monday, making its IPO the biggest-ever globally at a value of $25.03 billion. The move comes after the stock surged 38 per cent in its... read more »
After Rancor, Afghans Agree to Share Power
KABUL, Afghanistan — Their campaign workers traded blows over ballot boxes during an election widely seen as fraudulent. Some of the warlords backing them have muttered about starting a parallel government, a potential recipe for civil war in Afghanistan. And they’ve just come out of a vote so... read more »
Two killed in explosions in China’s Muslim-dominated Xinjiang region
Beijing: At least two persons were killed and several others injured in a series of explosions in China’s restive Muslim-dominated Xinjiang province. Explosions hit at least three locations in Xinjiang’s Luntai County last evening, the Tianshan news portal, run by the regional... read more »
Finance Minister Arun Jaitley admitted to hospital again
New Delhi: Finance Minister Arun Jaitley was on Sunday night admitted to a hospital here for a check-up after an operation to treat his diabetes. A news agency has quoted a doctor as saying that the minister was doing well. “His condition is absolutely normal. His kidneys are doing well and... read more »
Gold tumbles, dips to over 3-month low on global cues
Gold prices tumbled by Rs. 440 to hit over three-month low of Rs. 27,010 per ten gram in the national capital today on heavy selling by stockists, triggered by a weakening global... read more »
ONGC made Rs 81,890 crore investment to raise output
Country’s largest oil and gas producer ONGC on Friday said it has invested Rs 81,890 crore in bringing on stream newer discoveries and arrest natural decline that has set in its... read more »
PM Narendra Modi Says Al Qaeda Will Fail in India
NEW DELHI: Prime Minister Narendra Modi has said al Qaeda will struggle to recruit members in the world’s second-most populous nation and he praised Indian Muslims for their... read more »
Oracle’s Ellison steps aside, co-CEOs Catz and Hurd take over
Larry Ellison, co-founder and leader of Oracle Corp for 37 years, stepped aside as chief executive officer on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, raising questions... read more »
Sardar Singh named as flag bearer for India at Asian Games
New Delhi: Sardar Singh, captain of Indian men hockey team, will be the flag bearer for the country during the opening ceremony of the 17th Asian Games 2014 scheduled to take place in Incheon, South... read more »
