Global CEO Clubs to enter India’s IT hub

October 7th, 2009 Live Nation extends discounts to clubsLOS ANGELES — Concert promoter Live Nation Inc. is extending its discount Wednesdays program to include general admission tickets at its clubs this week, as a successful summer of concerts at its larger amphitheaters winds down.

September 9th, 2009 KOLKATA - Swissotel Hotels Wednesday became the first Swiss hospitality chain to enter India as it announced a management contract with the Ambuja Realty group for setting up a five-star hotel at Rajarhat New town on the city's north eastern fringes. Swissotel Hotels, owned by Fairmont Raffles Hotels International - a leading global hospitality company with 91 hotels and resorts worldwide - has inked the 10-year deal with the Kolkata-based real estate company for managing the five-star property spread over 160,000 feet.

August 25th, 2009 S. Korean satellite fails to enter intended orbitGOHEUNG, South Korea — An official says South Korea's first rocket launch has developed a problem after liftoff. Science and Education Minister Ahn Byong-man said Tuesday that an initial investigation shows the satellite the rocket was carrying apparently failed to enter its intended orbit.

July 23rd, 2009 Man says he hit left-and right-handed holes-in-oneBOWLING GREEN, Ohio — An Ohio man who says he's not much of a golfer pulled off a feat that not even some of the best players can match. Ed Platzer of Bowling Green knocked in a left-handed hole-in-one last month, 15 years after he hit a right-handed hole-in-one.

July 8th, 2009 NEW DELHI - The decline in India's exports due to the global financial crisis has been arrested and a turnaround is now visible, the Rajya Sabha was informed Wednesday. "The downward trend has been arrested and now a turnaround is visible," Commerce Minister Anand Sharma said during question hour.

June 22nd, 2009 NEW DELHI - Minister of State for External Affairs Preneet Kaur will represent India at the United Nations' conference on the economic crisis this week. A statement from the ministry said that Kaur's participation was in the context of Indias proactive and constructive engagement with the global community in order to address and meet the challenges posed by the crisis.

June 19th, 2009 WASHINGTON - The Export-Import Bank of India is getting a $60 million international trade facility to help support export-focused small and medium enterprises, which have suffered reduced access to finance due to global financial crisis. The trade facility, shared equally by the International Finance Corporation (IFC), a member of the World Bank group, and Bank of Tokyo-Mitsubishi UFJ, will improve the Exim Banks ability to provide access to short-term trade funding for smaller businesses, enabling them to carry out export orders.

May 12th, 2009 Premier League to enforce new financial rulesLONDON — England's Premier League will address British government concerns over the finances and ownership of top clubs by enforcing new rules, including a more stringent examination of those running teams. Premier League clubs have agreed in principle to the rules proposed by chief executive Richard Scudamore, which include publishing the identity of all shareholders with more than a 10 percent stake in a club and a ban on anyone becoming a director or owning a controlling stake if they have been sentenced to more than a year in jail.

April 14th, 2009 NEW DELHI - Mohun Bagan's star Brazilian striker Jose Ramires Barreto felt that some key I-League matches should be played outside major footballing centres if the sport has to grow in popularity. 'Hosting I-League matches outside Kolkata, Goa and Mumbai will boost the popularity of the game.

March 14th, 2009 NEW DELHI - India's chief football coach Bob Houghton Friday said the I-League clubs should come forward and help the All India Football Federation (AIFF) achieve its grand plan of giving central contracts to 25 players, who will play exclusively for the national team till the 2011 Asia Cup in Doha. The project, termed 'Goal 2011', was mooted by Englishman Houghton and the AIFF is still weighing its pros and cons.

March 13th, 2009 FRANKFURT - The German Bundesliga had its most successful financial year in the 2007-08 season and is well prepared to handle the current global economic slowdown, the German Football League (DFL) said. The presentation by the DFL board Thursday showed that the 36 first and second division clubs registered a record turnover of 1.93 billion euros ($2.45 billion) and reduced their combined liabilities to just under 470 million euros.

February 27th, 2009 MADRID - Two football agents and three current or former players with Spanish clubs are being investigated on charges of cocaine trafficking, police said. Police detained 11 people in Madrid, Valencia and Alicante after seizing 600 kilograms of cocaine.

February 11th, 2009 NEW DELHI - After a marginal recovery in November, India's industrial production fell 2 percent the next month with no signs of abatement in the impact of the global meltdown on the country's economy. Data on the Index of Industrial Production (IIP) released Thursday also showed that the index for manufacturing, that has the maximum weight, fell 2.5 percent, versus 8.6 percent in the like month of previous fiscal.

February 10th, 2009 LONDON - The English Premier League is trying to follow the Asian Football Confederation's (AFC) ways to give more opportunities to 'home grown' players. The AFC recently has ruled that all clubs in the region could field four foreigners but one has to be of Asian origin.

February 7th, 2009 NEW DELHI - Imagine young Indian footballers like Sunil Chettri turning out for Al Ahli of Saudi Arabia or N.P. Pradeep donning the jersey of South Korea's FC Seoul.