Air Canada A320 crash lands injuring 23

Air Canada flight crash landed amid heavy snow in the East Coast city of Halifax 23 passengers and crew suffered minor injuries. According to airlines the incident happened shortly after midnight , on their A320 flight carrying 133 passengers and 5 crews, from Toronto to Halifax . Sunday, March 29, 2015  

Killer in the Cockpit!

Andreas Lubitz – co-pilot’s fatal action prompts cockpit review. Lufthansa’s chief executive Carsten Spohr, wearing a black tie an somber expression pronounced the apparent deliberate crash of Germanwings plane into the Alps – killing all 150 passengers and crew on board. “by far the most awful event in more than sixty year history of out…

Versace profits rose by 27 per cent to €23.6m last year

Private equity Group Blackstone bought 20 per cent stake in Versace luxury brand, rose by 16.9 percent to €548.7m in which private equity group. Blackstone investment enabled Versace to open 40 stores in 2014 and accelerated their expansion program, as they plan to open a further 30 stores in 2015 including stores in Vancouver Madrid,…

Violent Elephant killed mahout in Thrissur

An elephant at the Kaipamangalam Chalinjad Subramaniya temple, went crazy killing the mahout, Sivasankaran (64) of Kinassery in Palakkad. The irate elephant further went on to destroy several vehicles. The animal was later brought under control with the help of elephant squad. Captive elephants play an important role in the Kerala culture and religion. Elephants…

London based tech-firms attracted $795.2m from US investors!

Technology entrepreneur with a computer science degree from Cambridge, Herman Narula, CEO of Improbable and Ozymandias productions, whose passion lies in changing the way people play games by bringing together and working with the very best computer science and artistic talent to solve hard and overlooked problems. The son of Harpinder Singh Narula, the Indian construction…

Heinz buys Kraft in a deal worth more than $40bn £27bn

The company behind Burger King and Heinz buys Kraft in a deal that could value the US food giant at more than $40bn (£27bn). Heinz, the US food giant Heinz is to merge with Kraft Foods Group, creating the third largest food and beverage company in the US, as shares in Kraft jumped more than…

India’s economic growth rate to overtake China in the next fiscal

                India’s economic growth rate to overtake China and improve to 7.8 per cent in the next fiscal and could achieve 8.2 per cent by 2016-17, according to the Asian Development Bank (ADB). India’s growth and investor confidence could accelerate on the back of government’s structural reform agenda…

A320 crash in French Alps kills 150!

The low-cost Germanwings owned by Lufthansa, Airbus A320 – flight 4U 9525 crashed, between Digne and Barcelonnette in the French Alps on its way from Barcelona to Duesseldorf. According to officials there are no survivors. Germanwings has been operating since 2002 as part of traditional Lufthansa’s  response from rising European budget carriers serving  mainly European destinations. The area…

ChemChina buys Pirelli for £5.1bn

Chinese nationalised company, China National Chemical (ChemChina) is to buy Italian tyre maker Pirelli at  £5.1bn (€7.1bn). The move is the latest in a string of takeovers in Italy by cash-rich Chinese buyers, including stakes in Power grid firms Terna and Snam, Turbine maker Ansaldo and luxury yacht maker Ferretti. The takeover gives ChemChina access…