Ambassador brand sold for £800k

The iconic brand Ambassador, owned by CK Birla Group, has been sold to European Auto Peugeot for £0.8m  (Rs 80 crore). The manufacturing of Ambassador cars has been discontinued. “Hindustan Motors has executed an agreement with Peugeot SA for the sale of the Ambassador brand, including the trademarks, for a consideration of Rs 80 crore.…

La La Land Wins five BAFTAs

Outstanding British film American Honey Denial Fantastic Beasts and Where to Find Them WINNER: I, Daniel Blake Notes on Blindness Under the Shadow EE Rising Star award Anya Taylor-Joy Laia Costa Lucas Hedges Ruth Negga WINNER: Tom Holland Best make up & hair Doctor Strange WINNER: Florence Foster Jenkins Hacksaw Ridge Nocturnal Animals Rogue One:…

Facebook crosses 1.8bn users globally

Facebook has become the leading source of news for many of its 1.8bn users globally. According to PEW research centre survey on digital news habits found that one in 10 respondents who clicked on a link to a news story identified Facebook as a news outlet when asked to cite the source of the story…

Facebook’s London HQ sold for £435m

Westland property company Great Portland Estates has sold Facebook’s London headquarters for £435m. The freehold of Rathbone Square. Great Portlands largest development project has been sold to Deka and real estate investment trust, West Invest Gesellschaft , a company owned by German investment group. Rathbone Square is a 420, 000 sq ft development in the Fitzrovia…

Snapchat star of Los Angeles

Snapchat one of the largest technology initial public offering company based on a quiet street leading to the Venice boardwalk in Los Angeles. eclipsing the Henna tattoo and hemp clothing stalls. Snapchat’s IPO is expected to be valued at $25bn  and founder and CEO Evan Spiegel is enjoying the success after luring software developers to…

The enigmatic Prime Minister

Theresa May: The Enigmatic Prime Minister by Rosa Prince, Biteback £20, 416 pages. Theresa May, Britain’s second female prime minister has collected several nick names during her short tenure in Downing Street, including safe hands. May has been a Conservative MP for two decades and people and politicians, applaud her resolve. She has a strict…

Full Moon Lunar eclipse

February 11th 2017 full moon coincides with a partial penumbral lunar eclipse, which happens when the moon passes through a peripheral region of the Earth’s shadow, because the Earth is between the sun and the moon.

Live cockroach extracted from the skull of a woman

A 42-yer-old woman had a painful crawling sensation behind her eyes when she woke up in Chennai, South India, and was rushed to a local clinic where her nose was flushed and she was sent home and had to come back for emergency specialist surgery. Dr Shankar, a specialist at the Stanley Medical College Hospital…

L’Oréal explores selling the Body Shop

L’Oréal is considering selling The Body Shop for €1bn, as it has struggled in recent years.  The ethical cosmetics chain, founded in Brighton in 1976, by Dame Anita Roddick, bought a decade ago for £652m, now has over 3000 stores in 66 countries. It prides itself in using ethically sourced ingredients to create natural beauty…