A new class action lawsuit was filed in the US courts on Friday against Satyam Computer, which already has two more such suits against it there filed on behalf of thousands of investors in the American Depositary Shares of the Indian IT firm.
Ailing auto maker Chrysler is preparing to file for bankruptcy protection as early as next week, irrespective of whether the company reaches a deal with its lenders or forges an alliance with Italian entity Fiat SpA, says a media report.
Sterlite Industies (India) on Saturday inked a definitive agreement to acquire the operating assets of Tucson-based Asarco LLC for $2.6 billion in cash, the largest buying abroad by an Indian company this year.Asarco, formerly known as American Smelting and Refining Company, is an over 100-year old company and is currently the third largest copper producer in the US.
22 million vehicles recalled in 2013: US safety agency
Italian car maker Fiat is in talks to acquire 35 per cent stake in ailing American auto major Chrysler, says a media report.
New York-based REcap Partners-LLC is all set to buy out Chennai-based business process outsourcing firm HOV Services along with its two units operational in Beijing and Hong Kong for around Rs 950 crore
Facebook Inc Chief Executive Mark Zuckerberg said on Thursday he and his wife would receive no tax benefit from setting up their new philanthropic endeavor.
The company has plans to open offices in the US, Singapore and other parts of West Asia such, such as Oman and Qatar in the next couple of years. "The NRI community is totally underserved. We want to tap the vast business potential arising from 2.5 crore (Rs 25 million) NRIs working abroad,'' said Kapil Wadhawan, vice chairman and managing director, DHFL.
Hollister, which posted an annual turnover of $55 million in 2006, has been posting 40 per cent compound annual growth rate (CAGR) over the last four years.
The US Federal Aviation Administration has yet to certify Epic's planes. The company manufactures private business jets with single and twin engines, capable of carrying six to seven people.
Juster played a key role in the landmark Indo-US civil nuclear deal.
Kishore Biyani led-Future Group has filed a caveat before the Delhi high court requesting it to be heard if any plea is filed by e-commerce major Amazon over its Rs 24,713 crore deal with Mukesh Ambani-led RIL. Anticipating a move by Amazon, which had got an interim arbitration award in its favour, putting the announced deal on hold, the Future Group firm has moved the Delhi high court.
As per the agreement, Mastek's wholly-owned US subsidiary MajescoMastek would buy 90 per cent equity stake in Vector for $4.5 million payable at closing.
As per the new methodology, stocks must have an annualised traded value of at least Rs 1,000 crore for their inclusion in the BSE 100 index at each semi-annual rebalancing
AFS is among the leading hospital billing and receivables management companies in the US.
Sajjan Jindal-promoted JSW Steel on Tuesday announced the acquisition of Jindal United Steel Corporation, Saw Pipes USA and Jindal Enterprises LLC
The partnership would form two companies Virgin Comics and Animation Private Ltd based in Bangalore and Virgin Comics LLC in New York for carrying out their projects.\n\n
Oak Hill Capital Partners, a US-based private equity firm, is understood to be working towards merging its two BPO portfolio companies, Genpact and Vertex Data Systems.
As the Under Secretary for Commerce, Juster played a key role in developing the Indo-US deal.
What is the best commodity to invest in these days?
The US acquisition comes barely three days after Essar Global announced its acquisition Canadian firm Algoma Steel for $1.58 billion (Rs 6,900 crore).
Since you can't step out, virtual sessions held by fitness experts have come to the rescue.
US-based global investment banking major Goldman Sachs on Tuesday said it would invest one billion dollar in India for expanding operations in sectors like real estate and infrastructure.
Software solutions provider iGate Global Solutions Ltd said on Monday its US-based subsidiary, Symphoni Interactive LLC, has been merged with itself.
And will sell its 50 per cent stake to State Bank of India in Russia as part of rationalisation of overseas branch network.
Westbridge Capital Partners is planning to invest $200 million in Indian companies over the next 2-3 months.
Shahbaz Ahmed, in his mind, had a questionnaire for Virat Kohli and AB de Villiers before getting started with what was to be his maiden Indian Premier League season. But the Bengal all-rounder will have to wait to don the Royal Challengers Bangalore red and gold as the possibility of having even a curtailed IPL is getting slimmer by the day with the rise of coronavirus positive cases in India.
The Hinduja Group has signed a deal with Dubai World to offer healthcare services in India.
In one of the first global acquisitions by an Indian firm in the retail space, gems and jewellery major Gitanjali Gems has bought US-based Samuels Jewellers for Rs 200 crore
Seaplanes are fixed-wing aircraft that can take off and land on both water and airfields.
New Zealand captain Kane Williamson speaks about the much-anticipated ICC World Test Championship final between his team and India.
"As I begin the next chapter of my life, I am looking for ways to pursue a career in business, specifically in real estate," Agassi, 36, said in a statement.
It was alleged that the IT major made "improper payments to obtain permits and building licences in India"
