Companies

Vijay Mallya Defends Cancellation of Kingfisher Flights

Vijay Mallya, Chief of Kingfisher Airlines, defended the cancellation of the flights citing state governments' heavy tax.

Nov 12, 2011

2G Scam: Reliance Capital Official Retracts His Statement to CBI

In a setback to CBI's investigation, Assistant Vice-President of Reliance Capital Ltd. Anand Subramanium has retracted his earlier statement in the 2G trial case

Nov 12, 2011

Petrol Price Hiked; To Be Costlier By Rs. 1.82 Per Litre

Oil companies in the country have decided to hike the price of petrol by Rs. 1.82 per litre from Friday.

Nov 4, 2011

Jaipal Reddy Hopes for Fuel Price Review

With oil companies losing crores of rupees every day on selling fuel below cost, Petroleum Minister S. Jaipal Reddy said that he would convene a ministerial panel meeting to review prices of fuel sold at subsidised rates.

Nov 2, 2011

Fortis India to Buy Sister Firm for $665 Million

With an aim to consolidate all the groups health businesses under one roof, hospital chain Fortis Healthcare (India) has decided to buy Singapore-based sister firm Fortis Healthcare International for $665 million.

Nov 1, 2011

Nokia Pocket Dance Mania Hits India [VIDEO]

The hottest and coolest dance craze created by Nokia invades India.

Oct 28, 2011

Bollywood Trends: Industry Leaning Towards Youth? [SLIDESHOW]

In what appears to be a growing trend, Bollywood is turning towards the largest (in terms of numbers) section of the Indian population - youngsters. Bollywood must believe that this move will help them explore the demographic for further talent.

Oct 17, 2011

I-T Dept Freezes Kingfisher Airlines' Accounts For Non-Payment of Dues

The I-T department has reportedly slapped the KFA with a notice to pay the outstanding dues of Rs 3.42 billion (342 crore rupees), after the airline failed to pay installments of Rs 90 million (9 crore rupees) each week

May 30, 2012

Google Acquires Meebo for $100 Million; Will It Give Facebook a Run for the Money?

Search engine giant Google Inc has acquired consumer internet company Meebo for about $100m with a aim to expand its social networking service Google Plus. Acquisition of Meebo may not enable Google Plus to give Facebook a run for its money but it will surely help in many ways.

Jun 5, 2012

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Google Acquires Quickoffice; Expected to Expand Mobile Space

Just on the heels of buying Meebo and Motorola Mobility Holdings, search engine giant Google has acquired Quickoffice, a leader in office productivity solutions.

Jun 6, 2012

Microsoft Looking at ₹ 55 Billion Acquisiton Deal With Yammer: Reports

Software titan Microsoft may soon acquire Yammer Inc., a business networking company, for an alleged sum of over $1 billion (INR ₹ 55 billion), said sources "familiar with the matter."

Jun 15, 2012

Rajat Gupta Convicted in Insider Trading Case; Who is Raj Rajaratnam?

Rajat Gupta, a former director of Goldman Sachs Group Inc, was convicted of conspiracy and securities fraud by a federal court jury in Manhattan on Friday.

Jun 16, 2012

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Apple Loses War to Proview; To Pay $60 mln to Settle Dispute

The dispute between Apple Inc and Proview Technology over iPad trademark in China has finally come to an end with the former agreeing to pay $60 million to the latter so that it continues to use iPad name for its tablet in the country.

Jul 2, 2012

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After Galaxy S3, Samsung Announces Its First 16-GB Server Modules

Just a few weeks after launching its flagship smartphone Galaxy S3, Samsung Electronics announced on Tuesday that it has begun sampling the industry's first 16-gigabyte (GB) double data rate-4 (DDR4), registered dual inline memory modules (RDIMMs), designed for use in enterprise server systems.

Jul 3, 2012

Apple Stops Samsung, Fails to Stop HTC

Just on the heels of managing to impose an injunction on the sales of its Galaxy Tab 10.1 tablet and Galaxy Nexus smartphone in the United States, Apple Inc has received a setback with a U.S. trade panel rejecting its request to ban import of some HTC smartphones to the country.

Jul 4, 2012