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After creating a worldwide sensation with their controversial ‘Un-hate’ campaign depicting digitally manipulated images of the US President and the Pope locking lips with their adversaries, Italian clothing firm, Benetton, has now decided to extend the campaign to South Asia. The Indian version of the UnHate campaign will feature Emraan Hashmi kissing some of India’s [...]

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The Union Cabinet today unanimously cleared the decision to bail out Vijay Mallya’s loss making airline, Kingfisher, after the liquor baron threatened to raise prices of his flagship beer brand, Kingfisher. “With economic growth decelerating on account of the Eurozone crisis, high inflation and interest rates, the last thing we need is a spurt in beer [...]

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Different quarters attribute different reasons for Kingfisher Airlines’ lack of profitability that has caused them to beg the government to bail them out. Vijay Mallya blames the government for high taxes. Other businessmen blame Vijay Mallya for whining without understanding how a free market works. And so on. The real reason is however right under [...]

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An embattled Rajat Gupta today released transcripts of his phone conversation with the head of the Galleon Hedge Fund Group, Raj Rajratnam, just minutes after the afternoon Goldman Sachs board meeting on September 23rd, 2008, in  a bid  to dispel any notion that he might have illegally passed on ‘ insider information’. The transcripts indicate [...]

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Pepsi Co has announced plans to supply its flagship brand, Pepsi, directly to households in select urban markets through pipes, just like tap water. Unveiling details of the “Factory to Mouth  Tap Pepsi” model, Pepsi Co India Chairman Rajiv Baskhi said, “If cooking gas and water can directly be supplied to residences though pipes, why [...]

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Stunned by the Planning Commission’s revelation that 40 crore individuals in India subsist on less than Rs. 32 per day, leading soft drinks company, Pepsi  Co, declared that it will shortly introduce the 99 paise pouch version of its popular soft-drink for the BPL segment of the consumer market. The new brand, which is expected [...]

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Chairman of Tata Motors, Mr. Ratan Tata, today announced that Tata Motors will soon launch a brand new Nano variant to help people cope with rising petrol prices. The model, titled ‘Nano Talli’ will boast of a hybrid engine, capable of running on petrol as well as beer. In a cheerful address to the media, [...]

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Tata Motors is planning to enter the luxury car segment by launching a premier version of the Nano, hitherto called the ‘people’s car’ because of its low price.  The Nano Premier, priced at Rs.1 crore, is expected to give stiff competition in the domestic market to similarly priced high end models from the stables of Mercedes Benz [...]

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Microsoft founder, Bill Gates, was spotted using an iPad to take notes during a field trip to Gularia village in Bihar’s Khagaria district to review projects funded by the Bill and Melinda Gates foundation for the village’s socio-economic development. The software mogul clumsily attempted in vain to conceal the Apple device before prying journalists could [...]

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Tom Jenkins, dynamic and charismatic CEO of Fortune 100 company, Sears Roberts, has hired McKinsey to advise him on making an important strategic decision concerning  his personal life – that of choosing between his wife and mistress. The Board of Sears Roberts has decided that it is very much in the interest of shareholders that [...]

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