TNM

Allow foreign airlines to pick up stake in domestic carriers: Mallya

Vijay Mallya, chairman of Kingfisher AirlinesThe Government has been requested by Mr. Vijay Mallya, chairman of Kingfisher Airlines, to permit the foreign airlines to pick up a minority stake in domestic airlines.

Mr. Mallya reported, "I have requested the Government to allow foreign airlines to acquire a stake of up to 25 per cent in Indian airlines. I believe aviation should be treated at par with international norms and other industry sectors where strategic investors can invest. This will be a wealth creator and secure the future of Indian aviation."

With Yang out, Microsoft may come back

Jerry YangWith Yang out, Microsoft may come back

On Monday many sources reveled that the resignation of Jerry Yang as chief executive of Yahoo might invite another offer from Microsoft.

Eric Jackson, an activist Yahoo shareholder who was among the investors angry with Yahoo's management for not accepting Microsoft's previous bid, reported, "I would expect Microsoft to come back within the next three or four months. I think Microsoft will come back because Microsoft needs Yahoo, despite what they've been saying publicly, and I think they know that."

Deadlock Between Players & ECB!

Mahesh Bhatt presents ‘Raaz - The Mystery Continues’

NETGEAR ProSafe Fully Managed Switches Receive ‘Up to Spec’ Certification By The Tolly Group

NETGEAR ProSafe Fully Managed Switches Receive ‘Up to Spec’ Certification By The Tolly GroupNETGEAR®, Inc., a global provider of technologically innovative, branded networking solutions, declared that The Tolly Group, the industry’s premier independent IT test lab, certified two of its Fully Managed 10/100/1000 Switches for growing Small- to Medium-sized Businesses (SMBs) as "Up to Spec," a designation that indicates these products perform "as advertised."

Yahoo CEO Jerry Yang to step down

Yahoo CEO Jerry Yang to step down Yahoo co-founder, Jerry Yang, who took on the CEO role in June 2007 in an effort to turn the company around, will step down from his role as soon as the board finds a replacement. Under Yang, Yahoo talks for an acquisition by Microsoft Corp broke down; rival Google Inc pulled out of a deal to sell some ads on Yahoo; and the company’s shares have withered amid tough competition and a failing global economy.

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