Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, Chief Executive Officer Stefano Domenicali said Tuesday. Domenicali said the company plans to cap yearly production of its supercars at 3,500….
A group of Chinese investors said it is acquiring ad-tech startup Media.net for about $900 million in cash, with plans to eventually sell the company to an obscure telecommunications firm whose shares have been suspended from trading since last year. Media.net, which is based in Dubai and New York, is touting this as the third-largest ad-tech acquisition in history. Technology…
Looking for the perfect honeymoon destination in India? Well, what’s better than a hill station to spend cozy and warm moments with your partner! Right from the picturesque landscapes to snow covered mountains, from the golden rising sun to the lush green meadows you have it all. In fact, these are the best options if…
Dhaka: officials said on Tuesday, toxic gas leaked from fertilizer plant in Chittagong city of Bangladesh, about 250 people, including children, have fallen sick and hundreds of residents have been evacuated from their homes. Di-ammonium phosphate (DPA) leaked from the DAP Fertilizers Company Limited the bank of Karnaphuli River last night and firefighter was struggling…
SINGAPORE: On Monday, S R Nathan, Indian-origin former President of Singapore died at a hospital suffered from a stroke. 92-year-old Nathan, a veteran servant passed peacefully at Singapore General Hospital, the Prime Minister’s Office said in a statement. He was closely associated with Lee Kuan Yew, country’s founding leader. The statement said, “the prime minister…
