September 30, 2014 09:11 (IST)
In a filing to a bankruptcy court, the Taj Mahal's parent company, Trump Entertainment Resorts, presented a letter from Icahn's attorney saying the billionaire would consider bailing out the casino if the debt he owns in it were converted to equity that would give him ownership.
Written By: Ramarko Sengupta | September 25, 2014 15:30 (IST)
It is left to the employee alone to decide if and when he or she feels like taking a few hours, a day, a week or a month off, the assumption being that they are only going to do it when they feel that they and their team are up to date on every project and that their absence will not in any way damage the business.
September 24, 2014 22:04 (IST)
The report also revealed that just five per cent of wealthy individuals in India plan to travel to a different country in the next five years, compared to 47 per cent in China, 36 per cent in Qatar and 34 per cent in Latin America.
Written By: Ramarko Sengupta | September 24, 2014 18:13 (IST)
Forbes compiled the list considering income from touring, record sales, publishing, merchandise sales, endorsements and other ventures.
September 23, 2014 11:16 (IST)
The largest stock offer in history has made Jack Ma, founder of e-commerce giant Alibaba, China's richest person with a fortune of $25 billion, an annual wealth ranking in the world's second largest economy showed Tuesday.
September 22, 2014 10:05 (IST)
Mr Kiyosaki is an American investor, businessman, self-help author, motivational speaker, financial literacy activist and financial commentator. He has written over 15 books which have combined sales of over 26 million copies.
September 21, 2014 12:08 (IST)
As many as eight Indian women, led by ICICI Bank chief Chanda Kochhar, have made it to the Fortune list of 25 most powerful women "shaping the new world order" in the Asia-Pacific region.
September 20, 2014 14:42 (IST)
Time said Shetty is "building hope in India" as an architect who is "finding simple solutions to complex problems."
September 20, 2014 13:16 (IST)
Mr Ma said the lesson he learned from the blockbuster featuring Tom Hanks was "that no matter whatever changed, you are you. I'm still the guy I was 15 years ago (when I earned) $20 a month."
September 18, 2014 20:19 (IST)
Making a huge jump in the rankings is General Motors CEO Mary Barra, who is ranked second this year up from the 29th position last year.
September 18, 2014 16:11 (IST)
The decision comes amid falling prices of modems, rising demands on research and development and a shrinking market as more smartphone makers buy modems and processors, which Ericsson does not make, together.
September 17, 2014 12:05 (IST)
Mr Pareek, who is designated as chief operating officer (marketing and sales), could not be reached for comments.
September 17, 2014 07:47 (IST)
He said in the interview that he did not remember what his resume stated.
September 16, 2014 21:57 (IST)
The International Economic Association (IEA) has appointed Kaushik Basu, who is Chief Economist and Senior Vice President of the World Bank, as its president-elect.
September 16, 2014 10:38 (IST)
The performance of Mendillo, who is leaving at the end of the year, illustrates not only the vicissitudes of investing but also the revolving-door aspect of an operation like the Harvard endowment, where retaining top talent can be difficult because of the intense scrutiny and the availability of bigger paychecks elsewhere.
September 15, 2014 13:58 (IST)
It was the highest amount bid for the top number since CH-01-AT 0001 fetched Rs 9.1 lakh in May 2013, officials at the RLA office said.
Mumbai | September 09, 2014 15:38 (IST)
Ms Kudva has informed that she would ensure a smooth transition before quitting the company. Crisil said it has started a search for Ms Kudva's successor.
Reported By: A Vadiyanathan | September 08, 2014 15:35 (IST)
Sahara chief's lawyer had earlier requested the court to extend Mr Roy's stay as negotiations for sale of overseas hotels are at a crucial stage and the deal is likely to get fetch around Rs 1,800 crore.
Bangalore | September 04, 2014 14:32 (IST)
Declared a wilful defaulter by state-owned United Bank of India, UB group chairman Vijay Mallya today disagreed with the action of the lender and said he would pursue legal action.
Mumbai | September 03, 2014 10:02 (IST)
The airline founded by Mr Mallya failed to make a profit during the eight years from launch to the grounding of its fleet in October 2012 and has been unsuccessful in efforts to find new investors to revive operations.