Indian firm bets on local manufacturing, stock soars 824 percent

Almost three decades ago, Sunil Vachani borrowed $35,000 so he could start making 14-inch television sets in a rented shed outside New Delhi. It was an unconventional choice given India, though renowned for software and services, had long lagged behind in manufacturing. Today, Vachani’s startup has grown into a sprawling electronics empire. His Dixon Technologies […]

US television host Larry King dies aged 87

Broadcaster was best known for a 25-year run as a talk show host on CNN’s ‘Larry King Live’ interviewing world leaders, entertainers and other celebrities. Renowned US television broadcaster Larry King has died aged 87 in Los Angeles. A production company he co-founded, Ora Media, did not state a cause of death on Saturday but […]