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London Stock Exchange to buy Russell for $2.7 bn

London Stock Exchange to buy Russell for $2.7 bn

London: London Stock Exchange Group has agreed to buy US asset manager Russell for $2.7 billion in order to diversify and grow its business in the United States. The deal,…

Google partners Micromax & others for sub-$100 smartphone by Oct

Google partners Micromax & others for sub-$100 smartphone by Oct

Google has announced it will introduce a sub-USD 100 (about Rs 6,000) smartphone, starting with India, by October this year as the US-based tech giant eyes the next one billion…

Yahoo likely to buy YouTube content provider for $250 million

Yahoo likely to buy YouTube content provider for $250 million

Internet giant Yahoo has put in a bid of around $250 million to buy Fullscreen, a company which creates content for YouTube channels. Yahoo is looking to expand its reach…

Amazon to form joint-venture with Catamaran

Amazon to form joint-venture with Catamaran

Amazon.com Asia unit will provide back-end support in a joint-venture with an Indian private investment firm formed by Infosys Ltd co-founder N.R. Narayana Murthy that aims to help get Indian…

Germany won’t be renewing its Verizon internet contract

Germany won’t be renewing its Verizon internet contract

The German Ministry of the Interior wouldn’t be renewing contract with Verizon for internet service after its contract with the provider will end in 2015. The decision was most likely…

EU clears next round of Japan trade talks

EU clears next round of Japan trade talks

Brussels, Jun 27,2014:  The European Commission said today talks on a massive free trade agreement with Japan will resume next week in Tokyo after a review judged sufficient progress had been…

Ranbaxy gets FDA nod to sell generic Diovan tablets in U.S

Ranbaxy gets FDA nod to sell generic Diovan tablets in U.S

Drug major, Ranbaxy Laboratories has received the U.S. health regulator’s approval to market a generic version of Novartis’ Diovan tablets, used for treating high blood pressure and heart failure, in…

PIL in SC against arbitration on Vodafone on tax dispute case

PIL in SC against arbitration on Vodafone on tax dispute case

A former Additional Solicitor General today approached the Supreme Court asking its direction to the Centre to recover around Rs 20,000 crore tax dues from UK telecom company, Vodafone and…

Govt imposes USD 450/ton MEP on potato exports

Govt imposes USD 450/ton MEP on potato exports

After onion, the government slapped a minimum export price (MEP) of USD 450 per tonne on potatoes to increase domestic availability and cool prices. The Directorate General of Foreign Trade…

Auto Industry deciding to take a break in June

Auto Industry deciding to take a break in June

Maruti Suzuki, the largest Indian carmaker, has shut its six plants across Gurgaon and Manesar for eight days in June, as a part of the scheduled bi-annual closure that would…