Insurance sector eyes FDI worth billions in new year

New Delhi - A political hot potato for long, the insurance sector got its long-awaited dose of reforms, as 2014 neared the end and will keenly await moneybags from abroad in the new year to bring in the much-aspired foreign investments, estimated at up to Rs 60,000 crore.

After hanging in balance for over six years, hike in foreign investment cap for insurance sector has become a reality, although the government had to take ordinance route, as a bill in this regard could not go through Parliament.

Sanjiv Sarin appointed CEO designate of Tata Coffee Limited

sanjiv sarinMumbai, Dec.29 - The Board of Directors of Tata Coffee Limited has announced that Sanjiv Sarin will

`Spoilt brat` Kohli says has no reason to respect `annoying` Johnson

Virat KohliLondon, Dec 29 - Star Indian batsman Virat Kohli has slammed Australia's sledging, claiming that he had no reason to respect their pace spearhead Mitchell Johnson and insisting that the hosts' players called him a spoilt brat.

Kohli, who scored 169 on the third day of the third Test during which he and Johnson exchanged plenty of verbals, claimed that the Australians were calling him a spoilt brat, adding that he said, that maybe that's the way he is; they hate him, and he likes that.

Kohli said that it apparently worked in his favour, as the batsman has hit three centuries in the series but India are 2-0 down in the four-match series, the BBC reported.

AirAsia boss 'devastated' by missing flight QZ8501

Tony FernandesLondon, Dec 29 - AirAsia boss Tony Fernandes has said that he is "devastated" that a plane from Indonesia to Singapore with 162 people on board has gone missing.

Fernandes said that their foremost concern were the families of the passengers and crew members, reported BBC.

He also said that AirAsia hopes to find the plane quickly and that the cause of what happened is immediately identified.

Air Asia flight QZ8501 disappeared over the Java Sea after bad weather was reported in the area but no distress calls were made and no wreckage has yet been sighted.

Sony's `The Interview` rakes-in over $15m beating theatre receipts

Washington, Dec 29 - Sony's ' The Interview' has raked-in over 15 million dollars from onlin

Chris Rock, wife to divorce after 19 years of marriage

London, Dec 29 - American comedian Chris Rock is to divorce his wife Malaak Compton-Rock after 19 years of marriage, it has been revealed.

The 'Grown Ups' star's attorney announced the split in a statement that read Rock has filed for divorce from his wife, Compton and this was a personal matter and the actor and he requested privacy as the 49-year-old actor and Compton working through this process and focus on their family, the Independent reported.

Compton also released a statement confirming the split that after much contemplation and 19 years of marriage , Rock and she had decided to go their separate ways.

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