India's largest telecom major, Bharti Airtel has set a target of $10-bn revenue by next year. The view was asserted by chairman and managing director, Bharti Enterprises, Sunil Bharti Mittal in the sidelines of a function, organized to launch new brand identity and logo of Bharti group.
Buenos Aires - Former Argentine football legend Diego Armando Maradona, officially appointed to coach Argentina Tuesday, said the new position was "a dream come true".
"For me it is an honour and a dream come true to be the coach of the Argentine national team, at the side of Carlos Bilardo. I will give my everything so that things go well for us," Maradona said in a press conference.
In a formal announcement, one of the leading financial services groups of India, Religare Enterprises (REL), confirmed that it has agreed to acquire Lotus India asset management company (Lotus India AMC) from its majority shareholders - Alexandra Fund Management and Sabre Capital.
Informing the Bombay Stock Exchange of the intended proceedings, REL said that its board of directors has approved a proposal to discuss, negotiate and finalize the terms for acquiring 100 per cent or majority equity shareholding of Lotus.
Caraco Pharmaceutical Laboratories, the Detroit-based generic subsidiary of Sun Pharmaceuticals Ltd., has been issued a letter of warning by the US Food and Drug Administration (FDA), and all its future marketing approvals for medicines have been withheld due to some quality-control issues.
This action of the US regulator comes in the wake of certain technical inadequacies identified by it during a May 2008 inspection. The FDA considered some of its observations to be repeat observations, and hence issued the warning letter.
Akhilesh Prasad Singh, Union Minister and Rashtriya Janata Dal MP, allegedly assaulted the station manager of Kingfisher Airlines at Patna Airport on Monday. The incident took place when he was not allowed to board Patna-Kolkata flight, as he reported late at the airport.