Philip Morris International is in talks to merge with Altria in a deal that would connect the global and domestic makers of Marlboro and create the world’s largest tobacco group with a market value of £163bn ($200bn). PMI said it was considering an all-share combination that would put it back together with Altria, 11 years…
Donald Trump’s former partner Dinesh Chawla(56) was charged with felony theft after stealing luggage from an airport in Memphis. Indian-origin Dinesh Chawla was arrested when he returned to Memphis and admitted to stealing two bags and their contents, valued at $4, 000, according to a police affidavit. Chawla reportedly suffering from kleptomania said he steals…
ISRO shared a lunar surface image taken by the Terrain Mapping Camera-2 of Chandrayann-2 on August 23. The image showed craters such as Jackson, Mach, Korolev and Mitra. Mitra crater on Moon named after Padma Bhushan awardee late Indian professor Sisir Kumar Mitra known for his work in the field of radio-physics among others. Image…
Lord Tim Bell, the spin doctor responsible for the famous “ Labour isn’t working” 1979 election poster during Lady Margaret Thatcher’s general election campaign has died aged 77. He was awarded a Knighthood by Mrs Thatcher in 1990 and a peerage by Tony Blair. The poster showing a snaking queue of unemployed people, is said…
Lithium Ion batteries were developed in 1980 at Oxford University but were first commercialised by Japan’s Sony in 1991 for use in its camcorders. Anil Srivastave CEO of Swiss Battery make Leclanche, said “UK needs to focus on how to commercialise innovations made in its universities and then scale them up quickly as their a…
The investment company behind Keurig Dr Pepper, sandwich chain Pret A Manger, Krispy Kreme Doughnuts, JAB Holdings, Caribou and Peet’s coffee, Einstein Bros Bagels who are aiming to raise as much as £6.5bn ($8bn) from investors to further its multi-year acquisition spree in the consumer sector. The company which manages the fortune of Germany’s billionaire…
22 Aug2019 International Test Match Series 3rd Test Day 4 of 5 at Headingly England Vs Australia Australia 179 ao Warner 61 off 94, 7 fours, Labuschagne 74 off 129, 10 fours, Archer 6-45, Broad 2-32 Second Innings 246 ao Labuschagne 80 off187, 8 fours, Wade 33 off 59, 6 fours, Stokes 3-56, Nroad 2-52,…
Indian hospitality startup OYO has acquired the Hooters Casino Hotel in Las Vegas, its first US property purchase, for a reported £110m ( $135million). OYO said. OYO said it would partner with restaurant operator Highgate to rebrand it OYO Hotel and Casino. The hotel, which has 657 rooms across 19 floors and a 35,…
Indian Oil has stopped the fuel supply to India’s national carrier Air India at six domestic airports because of unpaid dues. The airports where fuel supply has been halted since Thursday evening are Mohali, Visakhapatnam, Kochi, Pune, Ranchi and Patna. “in the absence of equity support Air India cannot handle the huge debt service…
The Ambani family has topped Bloomberg’s list of “Asia’s 20 Richest Families” with a fortune of $50.4bn. Hong Kong’s Kwok family, whose Sun Hung Kai Properties is the city’s largest developer came in second with a wealth of $38bn. Others in the list include Shapoorji Pallonji Group’s Mistry family, the Hindujas and Samsung Lee’s…