People
Fraudulent Oil Fund Sentenced Iranian Billionaire to Death, 2 Others
Iranian tycoon Babak Zanjani and 2 others have been convicted and sentenced to death since they are considered as "corruptor on earth" under Iran's Islamic Penal Code. They have embezzled $2.7 billion and have to pay it back.
Silicon Valley on India: Striking The Iron While It's Hot
There is a saying "Strike while the iron is hot". That is what Silicon Valley is doing - investing big in India where the economy grows faster.
Defeating Boeing And Others, Aurora Bags $89.3 Million VTOL X-Plane Deal
Boeing, Aurora and others have been vying with their own prototype proposals for the $89.4 million deal for DARPA’s VTOL X-Plane project. Aurora proposed prototype, LightningStrike’s flight technology has been derived from its Centaur and Orion unmanned aircraft. Defeating all odds, AFS has finally bagged the deal making a breakthrough in aviation technology.
Dubai Parks & Resorts: $2.8 Billion Amusement Project, Where East Meets The West
A model of Dubai Parks & Resorts has been unveiled on Tuesday. The $2.8 billion project is expected to get inaugurated in October. Besides other amenities, 400 performers, who have been described as the bests of the bests, will offer amusement to the visitors.