The country’s largest bank, State Bank of India is looking at floating a holding company in line with the proposal by private bank ICICI Bank, the second-largest player after SBI. This was indicated by the SBI chairman, OP Bhatt speaking to analysts on Saturday evening. Responding to a query from an analyst, SBI chief said, […]

The red and yellow letters boldly proclaiming Sun TV on the premises of DMK headquarters at Anna Arivalayam are missing. The posters of Tamil Nadu chief minister M Karunanidhi’s 50 years in Tamil politics obliterated them. So what brought about this denouement? Apparently, this was because of the threats issued by Kalanidhi Maran and Dayanidhi […]

India, worried that outsourcing of jobs could become an issue in the US presidential elections, is taking steps to ensure there is no repeat of 2004 when failed Democrat candidate John Kerry raised the bogey. “We have asked our diplomats and lobbyists to impress on potential presidential candidates to not make outsourcing a major issue,” […]

Sun TV Network’s market capitalisation dropped by Rs 936.54 crore in the last five trading sessions on BSE, reflecting investors’ concerns about the impact of recent political developments on the leading entertainment company. Sun TV’s market cap was above Rs 11,124.57 crore last Wednesday, and dropped to about Rs 10,188.02 crore on Tuesday. Sun TV’s […]

In an attempt to appease the powerful Nadar community in Tamil Nadu, particularly in the wake of actor Sarath Kumar’s decision to float a political party, the DMK has picked 31-year-old Radhika Selvi, MP and widow of ‘don’ Venkatesa Pannayar, to be included in the Union Council of Ministers. An official announcement said that Selvi […]

Chief Electoral Officer Naresh Gupta on Tuesday said that all necessary steps including deployment of Central paramilitary forces would be taken by the Election Commission (EC) to ensure a free and fair poll in the by-election for Madurai (West). The final rolls for the Madurai (West) segment would be published on Wednesday, he said. The […]

Wipro Infotech announced the signing of a Memorandum of Understanding (MoU) with Centre for Distance Education of Aligarh Muslim University (AMU) in Aligarh to act as the strategic IT services partner for the Institute. Through the partnership, Aligarh Muslim University has engaged Wipro as the preferred IT partner for providing technology solutions and participating in […]

Deutsche Bank ambassador and former cricketer Sunil Gavaskar paid a visit to the Chennai branch of the bank to interact with its customers on Friday. He was accompanied by Asha Mathen, regional head, Business Clients, Deutsche Bank. As part of the interaction, Gavaskar and Mathen met the top customers and also visited the offices of […]

  Dayanidhi Maran’s proximity to DMK chief M. Karunanidhi secured IT and Communications Minister Dayanadhi Maran a berth in Prime Minister Manmohan Singh’s cabinet. And this proximity again cost him the job he landed in his very first term as an MP. For Maran, 40, the grand-nephew of Karunanidhi, politics was not the first choice […]

  Communications and IT Minister Dayanidhi Maran had to resign from the union cabinet as he is said to be up against the women of DMK patriarch and Tamil Nadu’s Chief Minister M. Karunanidhi’s family. The women here would be Dayalu Ammal, mother of M.K. Azhagiri and M.K. Stalin – Karunanidhi’s sons, his ambitious daughter […]

Communications and IT Minister Dayanidhi Maran, who resigned from the cabinet, said yesterday he would not become a minister again, even if he was offered, but insisted he would always remain a “DMK man”. Addressing a press conference here, Maran claimed that United Progressive Alliance (UPA) Chairperson Sonia Gandhi and Prime Minister Manmohan Singh were […]

The social-networking Internet site MySpace on Friday announced a system that prevents users from re-posting video clips that have been removed from the website at copyright-holders’ request. The new copyright technology, called “Take Down Stay Down,” is alerted upon a copyright owner’s request to remove a video clip, takes a digital fingerprint of the video […]