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India’s most-widely read newspaper, The Times of India, is facing stiff competition from its own sibling, The Economic Times. The reason? A generous dose of fawning articles on India’s new RBI governor, Dr. Raghuram Rajan, have ensured that The Economic Times has surpassed ToI as India’s most widely read news-daily. At a grand party thrown to [...]

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After purchasing Nokia’s devices division for $7.2 billion to gain a foothold in the highly contested but fast growing market for mobile devices, tech giant Microsoft will be making another investment, this time in the rapidly expanding social media space. Microsoft is all set to purchase rival Google’s erstwhile social network, Orkut, for an undisclosed [...]

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After facing a series of lawsuits in the United States, IT major Infosys is now facing a lawsuit from the Ministry of Civil Aviation, Government of India for severe delays in delivering a software application. The UnReal Times invited both the parties for a panel discussion to understand the issue. The Government of India was [...]

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In a move that has triggered tremors in the world of business, premier management consulting firm McKinsey has hired itself to advise itself on staying afloat and gaining traction in a sluggish market for management consulting services. Global director of the firm, Dick Dormik, felt the move was overdue to cope with a challenging business [...]

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With onion prices zooming into the stratosphere, RBI governor Dr Raghuram Rajan has taken swift and decisive action by raising interest rates by over 2000 basis points. “Normally I wouldn’t have raised interest rates this much but onions at Rs.100/kg is simply ridiculous, man,” thundered Dr. Rajan, who discovered things for himself the hard way [...]

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Moments after the Congress Working Committee announced the bifurcation of a separate Telangana state, Reliance industries Ltd chairman Mukesh Ambani has made a similar demand, that his residence Antilla, dubbed as the world’s most expensive residence, be granted statehood. Speaking to The UnReal Times business correspondent Dharubhai Manghnani the tycoon said, “Why not? Antilla is like a [...]

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SRK now finds himself in the unenviable position of having incurred the wrath of Amma. The highly infuriated TN CM has slapped SRK, Shetty and rest of the crew behind “Chennai Express” with a defamation suit for, among other things, misspelling “Chennai” in the movie’s trailer. Amma’s aide, Madaswamy, shed more light on his boss’ [...]

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Responding belatedly to the petition asking for Justice Katju’s removal, the government removed Justice Katju from the post of the Chairman of the Press Council of India and appointed him the Chairman of the Securities and Exchange Board of India (SEBI) instead. Justice Katju appeared on two shows of CNBC TV 18, the first related [...]

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The past week saw the broadcast of popular Indian news channel CNN IBN’s new promotional ad, ‘Putting journalism first’, featuring its star team of news anchors mouthing punchlines that seem to take digs at rival news channels, especially one whose star anchor keeps demanding answers. However, it wasn’t a smooth takeoff for the ad with [...]

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Reading the headline ‘Rupee hits a record low against dollar’, some of you would have doubtless said ‘hey, when did this IPL match take place?’ Let us face it, if there is something more parlous than the state of Indian economy then it has to be your understanding of it. But don’t worry. Nobody actually [...]

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