Markets

Infosys' CEO Sikka speaks during a news conference at company's headquarters in Bangalore

Infosys Buys US-based Tech Firm Panaya for $200 million

The all-cash deal is is the company's first acquisition after Vishal Sikka joined the company last June

Feb 16, 2015

East meets West pairing tea and chocolate

Pairing Chinese tea with luxurious chocolates at this Hong Kong workshop. The latest take on having a tea party, as East meets West in a region fast becoming choko-obsessed. Chinese consumption of

Feb 16, 2015

Budget 2015: CII Wants Govt to Reform Tax Rules For Investment Trusts

The industry body wants a 'conducive' tax regime to spur growth of such trusts

Feb 16, 2015

'Yennai Arindhaal' Box Office Collection: Ajith Starrer Crosses $500K Mark in US

"Yennai Arindhaal" director Gautham Menon joins AR Murugadoss and Shankar with the $0.5 million box office collection.

Feb 16, 2015

Thousands in Greece rally in solidarity with government

Thousands are taking to the streets in Greece to show their support for a new leftist government, ahead of debt talks with lenders. They say Eurozone needs to stand united, and their country needs

Feb 16, 2015

U.S. eases restrictions on imports from private Cubans

In Havana, Cuba, locals and merchants react to news that the U.S. has eased import restrictions on Cuban goods and services. Except for a few broad categories of goods -- like cars, live animals,

Feb 16, 2015

Coal Auction: GMR and Reliance Cement Emerge Winners on Day One

The coal block auction was kicked off on Saturday. The auction saw considerable interest from major infrastructure-related companies.

Feb 15, 2015

RBI Moves Supreme Court to Restrain Sahara Group Firm From Selling Assets

The RBI said that it wanted to ensure that depositors of Sahara India Financial Corporation are not affected as a result of the group's efforts to secure Roy's bail

Feb 14, 2015

Sun Pharma's Dilip Sanghvi to Invest $290 Mn in Tulsi Tanti's Suzlon

The wind turbine maker would see funds infusion to the tune of 1,800 crore by Dilip Sanghvi through his personal investment firm.

Feb 14, 2015

Snapdeal Valuation Pegged at $5 bn, Could Raise $400 Million from Investors

The online marketplace is looking at raising $400 mn in investment

Feb 14, 2015

S&P closes at record high

Late day momentum driving stocks on Friday. The Dow closing above 18,000, the S&P 500 hit an all-time high, and the Nasdaq another at a 15-year high, an all around good week for the equity markets.

Feb 14, 2015

Toymakers playtime pivot

A playtime pivot for top toymakers Mattel and Hasbro re-imagining classic brands for a new generation of kids and parents. The occasion - the 2015 Toy Fair. Hasbro showing off countless

Feb 14, 2015

Apple CEO Tim Cook speaks at Obama's cybersecurity summit

ROUGH CUT (NO REPORTER NARRATION) Apple CEO Tim Cook addressed a crowd of more than 1,000 people at the White House summit on cybersecurity in Palo Alto, California. Before his remarks, Cook was one

Feb 14, 2015

Coffee sinks Smucker's profit

Coffee has become acidic for J.M. Smucker. Its retail coffee sales, primarily its Folgers brand, fell again in the latest quarter. As a result, the company's sales and profit fell. It hiked prices

Feb 13, 2015

Fifty shades of magnolia for B&Q

B&Q sells around one million metres of rope every year - enough to stretch to the moon and back. Now they're hoping to sell a bit more thanks to a recent publicity stunt. Britain's biggest DIY firm

Feb 13, 2015