Business

Facebook rejects IPO lawsuit

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Facebook on Wednesday said it would ‘vigorously’ defend itself as it rejected a New York investor lawsuit over its $16 billion initial public offering last week.

"We believe the lawsuit is without me

Reebok India accuses executives of Rs 8.7 billion fraud

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Reebok India, owned by Germany's Adidas, lodged a police complaint against two former top executives accusing them of fraud that had led the company to lose Rs 8.7 billion. ($157 million).

The allege

'Air India to get its first Boeing 787 Dreamliner by May-end'

Air India would get its first Boeing 787 Dreamliner by this month end as scheduled, official sources said today, though Civil Aviation Minister Ajit Singh cancelled his US visit to receive the new-gen

Petrol to cost Rs 7.54 a litre more, highest ever hike

In the steepest ever increase, petrol rates were today raised by a massive Rs 7.54 per litre, the first hike in rates in six months.

Gurgaon Police forms special team to probe Reebok fraud case

The Gurgaon Police has formed a special investigation team to look into the alleged Rs 870- crore fraud case filed by Reebok India Co against its former MD Subhinder Singh Prem and COO Vishnu Bhagat.

Giorgio Armani to pay Rs 23K for selling wrong size jeans

Indian arm of leading global fashion house, Giorgio Armani, has been asked by a consumer forum here to refund the cost of a pair of jeans to a customer and pay Rs 10,000 as compensation for harassment

As a self-confessed hardliner, I must admit that being a part of the team engaged in Indo-Pak Track 2 dialogue has been very interesting.

In June 2012, world leaders along with thousands of participants from governments, NGOs and environmental groups as well as the private sector will come together in Rio de Janeiro in Brazil for Rio+20