Madison

Bitten! Apple told to pay $234 mn for using BITS graduates' tech without permission

Tech giant Apple has been told to pay $234 million to the intellectual property arm of Wisconsin University, Madison, for using without permission patented technology developed by its team, including two Indian-American engineers.

Racism and trigger-happy cops: What caused the assault on India grandfather in Alabama

The recent Madison (Alabama) outrage does not therefore come as a surprise to close observers of the police in the US. The police in major cities like New York, Los Angeles, Washington DC and Philadelphia are predominantly white.

US govt expresses condolences to family of Indian grandfather assaulted by police officers

The US Government on Thursday expressed condolences to the family of the 57-year-old Indian man attacked by two police officers.

Sebi makes last-ditch effort to locate Sahara investors eligible for refunds

In a last-ditch effort to locate Sahara investors eligible for refunds, regulator Sebi has asked all such persons to submit their claims by next month, while the group claims to have returned the outstanding dues to almost all the concerned bondholders directly.<br />

Madison: The road ahead

Say no to the condom: Controversial ad campaign urges Parsis to multiply

While Parsis are known to take a dig at themselves, especially when it comes to their dwindling population, the new 'Jiyo Parsi ad campaign which "urges Parsis to get married at a correct age and make more babies", has raised several eyebrows.

Sahara would rather mortgage trophy hotels abroad than sell them

Sahara conglomerate would rather mortgage its trophy overseas hotel properties than sell them to raise the $1.7 billion in bail money for its jailed chairman, a senior company executive told Reuters.<br />

Not buying Sahara's New York, London hotels, says Sultan of Brunei

Reports of the Sultan's alleged $2 billion bid for the Sahara group-owned hotels first surfaced on the website of the Wall Street Journal.

Sultan of Brunei could buy Sahara's hotels in New York, London for whopping $2 bn

The Sultan of Brunei Hassanal Bolkiah has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel, the Wall Street Journal's website edition reported on Saturday, citing people familiar with the situation.<br />

Now, Madison Capital wants to lap up Sahara's New York properties for $800 mn

While Pune-based cash-rich pharma billionaire Cyrus Poonawalla has upped the ante on his offer to buy out beleaguered Sahara Group's coveted overseas asset, the Grosvenor House Hotel in London, New York-headquartered Madison Capital is looking to snap up Sahara's New York properties- The Plaza and Dream Downtown properties - for $800 million.<br />