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Ranjan Mathai briefs on PM's Myanmar visit
New Delhi, May 26 (IBNS) Foreign Secretary Ranjan Mathai briefed the media on Friday on Prime Minister Manmohan Singh's forthcoming State Visit to Myanmar:Opening remarks by Mathai:Official Spokesperson (Syed Akbaruddin): Good afternoon friends. Thank you all for coming for this briefing.As we have announced, Foreign Secretary will brief us on the Prime Minister's visit to Myanmar. He will begin, as

Asia's richest man cleverly sidesteps possibility of family feud

HONG KONG (Reuters) - Octogenarian Hong Kong billionaire Li Ka-shing mapped out a succession plan for one of Asia's biggest family empires, ensuring a smoother transition for the Cheung Kong

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Essar's Ravi Ruia, Loop execs get bail in 2G case
NEW DELHI (Reuters) - Five businessmen, including billionaire Ravi Ruia from the Essar conglomerate, have won bail in a case probing a telecoms licensing scandal which has drawn in tycoons and a

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Icahn spends $785M on Chesapeake Energy stake
Activist investor Carl Icahn has taken a sizable stake in Chesapeake Energy Corp. and is calling for at least four of company's directors to be replaced.

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Typical CEO made $9.6M last year, AP study finds