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Reliance Capital to buy Goldman Sachs’ Indian funds arm

Mumbai, Oct 21 Reliance Capital, a part of the Anil Ambani-led group, on Wednesday said it is acquiring Goldman Sachs Asset Management’s onshore business in India like mutual funds and exchange-traded funds for Rs.243 crore ($37.5 million) in an all-cash deal.

Goldman Sachs’ India…

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Taxi drivers protest court order allowing Uber in Rio

 Rio de Janeiro, Oct 21 Thousands of Brazil’s taxi drivers took to the streets on Tuesday against a judicial decision authorizing the private transport application of Uber, a US ridesharing firm, in Rio de Janeiro, even though the Mayor’s Office had forbidden it’s use.

The taxi drivers…

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Modi greets nation on Durga Ashtami

New Delhi, Oct 21 (Prime Minister Narendra Modi on Wednesday greeted the nation on the occasion of Durga Ashtami.
“Durga Puja greetings to my fellow Indians and those celebrating across the world. May Goddess Durga shower her blessings on us and enrich our lives with joy and prosperity,” Modi said…

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Indian equities trade higher after previous profit-booking

Mumbai, Oct 21 (IANS) Key Indian stock market indices opened on a positive note on Wednesday, ahead of the trading holiday the day after, as investors looked for fresh positions after a bout of profit-taking the day before.

Against the previous close at 27,306.83 points, the sensitive…

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It’s Veni, Vidi, Vici at Nathu La

Gangtok, Oct 20 Visiting Nathu La is no less than a pilgrimage, but not of the religious kind. At 14,420 feet above sea level, one is struck by the sheer history that surrounds this strategic mountain pass which connects the northeast Indian state of Sikkim to the Chumbi Valley…

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Sehwag announces retirement (Lead)

New Delhi, Oct 20 Putting an end to all speculations about him, star Indian cricketer Virender Sehwag on Tuesday announced his retirement from all forms of the game with immediate effect.

“Thanks everyone for all your wishes and love. I hereby retire from all forms of international cricket and from…

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Bollywood actor Vishal Thakkar held for rape

Mumbai, Oct 20 Actor Vishal Thakkar has landed in police custody for allegedly raping a television actress while in a live-in relationship and promising to marry her, officials said here on Tuesday.

The actor, who was seen in small roles in movies like “Munna Bhai M.B.B.S…

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Birth order has little impact on personality

London, Oct 20 Whether you become a perfectionist or rebellious has very little to do with your birth position in the family, says a new study.

“We found no substantial effects of birth order on any of the personality dimensions we examined,” said one of the researchers Stefan Schmukle from…

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Indian man found hanging in Thai school

Bangkok, Oct 20 An Indian man was found hanging from a staircase handrail inside a school in Thailand’s Patum Thani province on Tuesday, a media report said.

He was identified as Rajesh Singh, 37, the chief executive officer of Smith English School of Languages in Thanyaburi district, The Bangkok…

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Australian held for robbing bank in Bangkok

Bangkok, Oct 20 An Australian national was arrested after allegedly robbing a bank with a fake gun in Thailand’s capital Bangkok, the media reported on Tuesday.

Zachary Adrian Cronin, 23, managed to get away away with 158,000 baht ($4,459) after an alleged 12-second hold-up at…

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