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JP Morgan Asset Management announces top-level changes
JP Morgan Asset Management today announced the promotion of Christopher Spelman as the chief executive officer (CEO) of its India business and the appointment of Nandkumar Surti as the chief investment officer (CIO).

Vodafone tax saga (re)surfaces
Early last week, the Mumbai revenue department issued show cause notices to Vodafone, proposing to tax offshore transaction, as a result of which Vodafone acquired a controlling interest in GSM licences from Hutch.

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Chiranjeevi meets Chidambaram on Telangana issue
Actor-turned-politician Chiranjeevi, whose party Praja Rajyam is opposed to bifurcation of Andhra Pradesh, today met Home Minister P Chidambaram and apprised him of the "deteriorating" law and order situation in the state.
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Tharoor's Kerala party

Minister of State for External Affairs Shashi Tharoor’s controversial stay in Taj Mansingh hotel had a grand finale with an Iftaar party. Among Tharoor’s five Keralite Cabinet colleagues, only Minister of State for Agriculture KV Thomas turned up at the Iftaar, which was attended by VIPs, including Vice-President Hamid Ansari. The next morning, Tharoor reciprocated this with his presence at the appam and mutton stew house-warming party at the official residence of Thomas, who has moved out of Kerala House. This was followed by Tharoor attending a multi-course luncheon hosted by employees of Kerala House to celebrate Onam. Tharoor had earlier checked out of Kerala House complaining “lack of a gym.’’


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