Indians crowd richest young Asians list

Six Indians, including Ranbaxy’s Malvinder and Shivinder Singh, real estate firm Oberoi Constructions’ Vikas Oberoi and online gambling entity PartyGaming’s founder Anurag Dikshit have made it to the Forbes‘ list of 15 youngest Asian billionaires.  The other two Indians in the list are Suzlon Energy’s Girish Tanti and Indiabulls’ Sameer Gehlaut.  Pointing out that Asia [...]

Anil ambani’s dream ends, talks with MTN called off

Anil Ambani’s Reliance Communications (Rcom) and South African telecom giant MTN on Friday announced they were calling off talks aimed at creating a $66 billion telecom group. “The two sides were unable to conclude the transaction due to certain regulatory issues,” said a RCOM spokesperson in a statement. MTN and Reliance Communications started exclusive talks [...]