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Indian cricket board president Shashank Manohar Thursday accused Indian Premier League (IPL) commissioner Lalit Modi of violating the “confidentiality” clause signed by the board and the franchisees by declaring the ownership stakes.
Manohar said the new IPL Kochi franchise were contemplating legal action against the Board of Control for Cricket in India (BCCI) after Modi tweeted [...] Continue reading Manohar accuses Modi of violating ‘confidentiality’ clause

Former Jammu and Kashmir chief minister and patron of the opposition Peoples Democratic Party (PDP) Mufti Muhammad Sayeed Thursday urged the Indian government to resume the composite peace dialogue with Pakistan.
“I say this very humbly to the prime minister that the government of India must change its mindset towards Kashmir. If we could talk to [...] Continue reading India should resume dialogue with Pakistan: Mufti

The government Thursday refuted charges that the civil nuclear liability bill was being introduced in parliament under international pressure and said the legislation had been under consideration since 1998 and had nothing to do with the India-US nuclear deal signed in 2008.
The bill was in line with international best practices and would ensure “immediate compensation” [...] Continue reading N-liability bill has nothing to do with India-US deal: government

Automobile maker Fiat will separate its industrial business and sell it on the stock market by the end of the year as it aims to manufacture six million cars a year by 2014.
The separated farming and construction equipment business would be named “Fiat Industrial,” with an initial stock sale planned by the end of this [...] Continue reading Fiat to sell industrial unit in stock market

Robert Downey Jr. is reportedly set to play the lead role in an upcoming prequel of the ”The Wizard of Oz.”
Production Weekly reports that the actor, who is also in yet to release comic book sequel ‘Iron Man 2,’ is in talks to star in “Oz: The Great and Powerful.”
The prequel tale would follow [...] Continue reading Robert Downey Jr to play Wizard of Oz?