After posting a record loss of Rs. 753.55 cr for the September quarter of the current fiscal, Kingfisher Airlines has decided to convert itself into  a ‘not for profit’ Section 25 company. Under the new legal, structure, KFA will still continue flight operations, but will pursue it as a charitable endeavor, unencumbered by the pesky [...]

The ardent desire of thousands of faithful Congress workers has finally been answered: Shri Rahul Gandhi has decided to formally join the top echelons of the administration by becoming a RIL board member. The Congress yuvraj will be directly reporting to RIL chairman, Shri Mukesh Ambani, who, as everyone knows, runs the country. Confirming the [...]

After the overwhelming successes of the past editions of their fantasy cricket game “Super Selector”, sports broadcasting television network ESPN-STAR, whose fantasy cricket game ‘Super Selector’ has met with heady success, has decided to extend the concept to India’s recurring cabinet reshuffles as well. This is the first time in history that a sports broadcasting [...]

In what is being called a reverse-reverse-sting, Zee TV has released footage showing Jindal Steel and Power Ltd (JSPL) chairman, Naveen Jindal, trying to extort Rs.400 crores from Zee TV editors in return for not airing footage of Zee executives demanding Rs.100 crores from Jindal in return for the channel not airing damaging stories on [...]