Finance

China's Growth Model Outdated; Will Current Reforms Save the Economy?

Experts say China's development model is "obsolete" and needs to be replaced "immediately".

Nov 27, 2014

China Slaps Microsoft with $140 Million Tax Fine

China has levied a massive $140 million fine on Microsoft Corp for tax evasion in the country, according to reports.

Nov 26, 2014

News Corp Invests $30 Million in Indian Property Website PropTiger.com

News Corp, the Rupert Murdoch-led media giant, has made an investment worth of $30 million on Indian real estate website PropTiger.com.

Nov 25, 2014

Russia Could Scale Back on Oil Production Ahead of OPEC Meet

Russia mulls limiting its annual oil production to 525 million tons due to falling prices and western sanctions.

Nov 25, 2014

Onex Buying Swiss Packaging Group SIG for $4.66 Billion

Onex Corp, the Canadian private equity firm, announced on Monday that it would be acquiring SIG Combibloc Group AG, the Switzerland-based packaging giant for a deal worth $4.66 billion.

Nov 24, 2014

2015-16 Union Budget to be People Friendly? Jaitley Decides Not to Burden Middle Class

Jaitley is looking for a people-friendly budget by keeping the middle class free of tax burden.

Nov 23, 2014

Future Group Acquires Nilgiris Chain for Rs 300 Crore

Future Consumer Enterprise Ltd., the FMCG arm of Future group, has acquired Nilgiris dairy Farm Pvt Ltd., the South Indian convenience stores chain for a deal worth INR 300 Crore.

Nov 22, 2014

How China's Clever Interest Rate Cut Gets Markets Excited; Will it Help the Economy?

The People's Bank of China (PBOC), the country's central bank, cut long term lending rates by 40 base points on Friday to buoy its faltering economy as a measure to avoid the hard market crash threatening the country. It also reduced its one-year deposit rate by 0.25 percent to 2.75 percent.

Nov 22, 2014

US Existing Home Sales Surge in October Crossing Year-Over-Year Gains

Existing home sales in the United States rose for the second consecutive month in October 2014, crossing year-over-year gains for the first time, according to The National Association of Realtors (NAR).

Nov 21, 2014

India to Invest $4 Billion in Power industry to Wipe Out Theft Problem

The Indian Power Ministry announced on Thursday that it will invest $4 billion (INR 25,300 crore) in the power industry to roll out a new metering system and upgrade power distribution networks around the country to help tackle the power theft issue.

Nov 21, 2014

Kotak Mahindra Buying ING Vysya for $2.4 Billion All-Stock Deal

Kotak Mahindra Bank Ltd., the fourth-largest private bank in India, announced on Thursday that it has struck a deal to acquire ING Vysya bank for an all-stock deal worth $2.4 billion.

Nov 21, 2014

Japan's Exports Improve in October; is 'Abenomics' Really Working?

Japan's exports index rose to the highest level in eight months in October after the economy slid into recession a three months ago

Nov 20, 2014

How Home Depot's Latest Earnings Report Confused the World

The Home Depot announced its third quarter earnings report for the financial year of 2014 on Wednesday and it had quite a few journalists and investors confused.

Nov 19, 2014

arun-jaitley-slams-congress-for-allegations-on-cabinet-expansion

Kisan Vikas Patra Relaunched to Wean Poor off Ponzi Schemes

KVPs would help poor gullible investors channelise their savings in trusted government scheme.

Nov 18, 2014

Allergan and Actavis Agree to $66 Billion Acquisition Deal; Valeant Loses Hostile Bid

Allergan Inc., the famous Botox-maker, announced on Monday that it has agreed to a $66 billion take-over bid from Actavis Plc, the global pharmaceutical firm, beating Valeant Pharmaceutical's hostile efforts to acquire the wrinkle-treatment manufacturer.

Nov 18, 2014

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Finance

China's Growth Model Outdated; Will Current Reforms Save the Economy?

China Slaps Microsoft with $140 Million Tax Fine

News Corp Invests $30 Million in Indian Property Website PropTiger.com

Russia Could Scale Back on Oil Production Ahead of OPEC Meet

Onex Buying Swiss Packaging Group SIG for $4.66 Billion

2015-16 Union Budget to be People Friendly? Jaitley Decides Not to Burden Middle Class

Future Group Acquires Nilgiris Chain for Rs 300 Crore

How China's Clever Interest Rate Cut Gets Markets Excited; Will it Help the Economy?

US Existing Home Sales Surge in October Crossing Year-Over-Year Gains

India to Invest $4 Billion in Power industry to Wipe Out Theft Problem

Kotak Mahindra Buying ING Vysya for $2.4 Billion All-Stock Deal

Japan's Exports Improve in October; is 'Abenomics' Really Working?

How Home Depot's Latest Earnings Report Confused the World

Kisan Vikas Patra Relaunched to Wean Poor off Ponzi Schemes

Allergan and Actavis Agree to $66 Billion Acquisition Deal; Valeant Loses Hostile Bid

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]