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UK Culture Secretary accused of being 'Murdoch cheerleader' in BskyB ownership bid
Apr 25, 11:24 am
London, Apr 25 (ANI): The long-running British tabloid newspaper scandal that has rocked Rupert Murdoch's media empire has taken a new turn with the New Corporation reveling that a senior cabinet minister worked covertly with them to help win approval for takeover of the BSkyB network.UK Culture Secretary Jeremy Hunt is now facing calls to resign after the Murdoch empire disclosed emails showing how he 'shared their objectives' to take full control of BSkyB.The sensational cache showed Hunt's aides engaged in an extraordinary pact with News Corporation to push the deal through despite grave concerns from media watchdogs.Emails, which revealed 'absolutely illegal' information being freely exchanged between government and big business, was published by the Leveson Inquiry
into Press standards on the eve of Rupert Murdoch's testimony to the hearings, The Daily Mail reports.According to the paper, Hunt had a legal obligation to be impartial over the bid as since December 2010 he was acting in a 'quasi- judicial' capacity, effectively as a judge rather than a politician, by overseeing representations.ut he was accused of being a ' Murdoch cheerleader' emails revealed that his office handed over information that even News Corp said was 'absolutely illegal'.One of his advisers even told the Murdochs it was a 'game over' for the opponents of the eight billion dollar takeover.News Corp announced plans to buy the 61 percent of shares it did not yet own in
BskyB in early 2010. It dropped the bid last July when it emerged that News of the World had hacked the phone of murdered schoolgirl Milly Dowler. (ANI)
CII says S and P retains 'negative' outlook on India
May 18, 11:57 am
New Delhi, May 18 (ANI): The negative outlook affirmation by S and P for India's BBB- status is unfortunate, Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), has said.
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Dow, S and P set record highs, log 4-week winning streak
May 18, 10:36 am
Beijing, May 18 (Xinhua-ANI): U.S. stocks bounced back on Friday to end the week for a fourth straight gain, with the Dow Jones Industrial Average and S and P 500 closing at all-time highs.
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Government claims economy on right track, reforms to continue
May 18, 9:24 am
New Delhi, May 18 (ANI): The government has said that the nation's economy is on right track and that reforms will continue.
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India-EU BTIA conclude another round of negotiations
May 18, 9:24 am
New Delhi, May 18 (ANI): Chief negotiators of India and the European Union (EU) met here from May 15 to May 17 and concluded another round of negotiations for the India-EU Broad-based Trade and Investment Agreement (BTIA).
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