News for 'Wall Street'

American media gears up to charge for online news

American media gears up to charge for online news

Rediff.com6 Feb 2010

Certain publications like the Wall Street Journal and Newsday already charge for online articles, and New York Times will be doing so shortly. Now, the NY Times reports that other newspapers are following suit. "With advertising plummeting, many other publishers eager for a new source of revenue are considering making the switch, despite the risk of losing audience and advertising,"the Times wrote.

Obama will 'try to avoid K-word during India trip'

Obama will 'try to avoid K-word during India trip'

Rediff.com2 Nov 2010

United States President Barack Obama is expected to "try his level best to avoid the K-word -- Kashmir" during his three-day trip to India that starts next week, a newspaper has reported.

Infosys eyes acquisitions in US

Infosys eyes acquisitions in US

Rediff.com27 Mar 2009

Infosys Technologies Ltd expects to find acquisition opportunities in the US during the downturn, co-chairman Nandan Nilekani was quoted as saying on Friday. "Acquisitions will definitely be very accessible in this market from a price point of view," Nilekani told the Wall Street Journal in an interview. "If it makes sense, we'll do it."

US lost communication with 50 nukes, says report

US lost communication with 50 nukes, says report

Rediff.com27 Oct 2010

The US had lost communication with nearly 50 intercontinental ballistic nuclear missiles, one-ninth of its arsenal for 45 minutes over the weekend, even as defence officials said that there were no chance of an accidental launch or foul play, a media report said on Wednesday.

HarperCollins e-books likely on Apple's tablet PC

HarperCollins e-books likely on Apple's tablet PC

Rediff.com19 Jan 2010

Publishing giant HarperCollins is in talks with Apple Inc to make electronic books available for the IT major's new tablet PC - expected to be launched later this month, a media report says.

Why India-type nuke deal for Pak won't materialise

Why India-type nuke deal for Pak won't materialise

Rediff.com16 Oct 2010

According to the Wall Street Journal, Pakistan will again raise their demand for a deal -- similar to one the US has with India -- during US Secretary of State Hillary Clinton and Pakistan Foreign Minister Shah Mahmood Qureshi's meeting in Washington on October 22.

Why US will reject Pak's N-deal bid

Why US will reject Pak's N-deal bid

Rediff.com15 Oct 2010

In the coming week, the United States and Pakistan will hold their third strategic dialogue since March this year and Pakistan is all set to renew its attempt to push for a civilian nuclear deal with Washington.

Obama considers new fee on banks

Obama considers new fee on banks

Rediff.com12 Jan 2010

The provision in this regard is expected to be included by US President Barack Obama when he rolls out his annual budget next month, media reports said.

AOL, 2 PE firms keen to buy out Yahoo

AOL, 2 PE firms keen to buy out Yahoo

Rediff.com14 Oct 2010

Media giant AOL, along with some private equity firms, is 'exploring' making an offer to buy Yahoo Inc, as the Internet company deals with poor financial performance and an exodus of senior executives, a media report said.

Upma gets US Top Chef honour for Indian American

Upma gets US Top Chef honour for Indian American

Rediff.com16 Jun 2011

Floyd Cardoz, the chef behind the New York restaurant Tabla, has taken home the top prize in the third season of Top Chef Masters.

Motorola open to using MS software despite suit

Motorola open to using MS software despite suit

Rediff.com6 Oct 2010

In an interview to The Wall Street Journal, Motorola co-chief executive Sanjay Jha said he is willing to look at using Microsoft's operating system if the software company gets it right.

Crisis management, Greenspan's forte

Crisis management, Greenspan's forte

Rediff.com27 Aug 2005

"Crisis management has been elevated to a very fine skill under his tutelage," said Lyle Gramley, a former member of the US Fed board.

Yahoo! to close offices worldwide for a week

Yahoo! to close offices worldwide for a week

Rediff.com22 Dec 2009

Adobe and Apple would also close their offices during the holidays.

Markets in consolidation mode

Markets in consolidation mode

Rediff.com23 Sep 2010

The NSE Nifty ended at 5959, down 39 points.

Hedge fund billionaire Rajaratnam indicted

Hedge fund billionaire Rajaratnam indicted

Rediff.com16 Dec 2009

Sri lankan-born Rajaratnam along with his co-conspirator Danielle Chiesi was indicted on Tuesday on charges of using non-public information from company executives to earn around $21 million in illegal profits, according to the 37-page indictment.

HP's board met in search for a CEO

HP's board met in search for a CEO

Rediff.com20 Sep 2010

Attributing to people familiar with the matter, The Wall Street Journal reported that HP's board met for nearly three days through September 17 for discussions that included an update on the CEO search.

Citi nearing deal with US to repay bailout fund

Citi nearing deal with US to repay bailout fund

Rediff.com14 Dec 2009

The Citigroup may cut a deal with the US government on Monday that will allow it to repay the bailout fund the financial entity had received at the height of the global financial crisis, says a report.

Indian American hopes to make it big in NY polls

Indian American hopes to make it big in NY polls

Rediff.com14 Sep 2010

Indian American Reshma Saujani hopes to become the next United States Congresswoman from New York. It is a difficult race to win the New York primary slated to be held on Tuesday, but she is counting on immigrant power and her Wall Street connections. Aseem Chhabra speaks to the candidate.

Top 5 AIG executives may quit over pay

Top 5 AIG executives may quit over pay

Rediff.com7 Dec 2009

The company's recently hired chief executive Robert Benmosche threatened to quit last month reportedly amid frustrations over limitations on pay for top AIG executives.

HP sues ex-CEO to stop him from joining Oracle

HP sues ex-CEO to stop him from joining Oracle

Rediff.com8 Sep 2010

Hewlett-Packard Co sued its former chief executive Mark Hurd to block him from joining rival Oracle Corp as a senior executive, alleging the hiring breaches his exit agreement and will lead to a transfer of technology giant's trade secrets to a competitor.

The Busiest Firang Actor In India

The Busiest Firang Actor In India

Rediff.com23 Apr 2024

'There have been and will continue to be, so many captivating stories in colonial India.' 'Obviously, most of the white people were British, so if I am going to take on a role in a film set in one of the most turbulent periods of Indian history, then it only stands to reason that my character would be of British descent.' 'But that doesn't mean all my roles are negative.'

Democrats hacked again!

Democrats hacked again!

Rediff.com13 Aug 2016

The documents obtained from the cyberattack on Democratic Congressional Campaign Committee was released by a hacker known as Guccifer 2.0.

Pearl's father opposes mosque near 9/11 site

Pearl's father opposes mosque near 9/11 site

Rediff.com27 Aug 2010

Joining the debate on the controversy over the proposed mosque near Ground Zero, the father of Wall Street Journal reporter Daniel Pearl, who was beheaded by militants in Pakistan, has said the mosque should not be built there and should be moved to another location.

Markets wilt under F&O pressures

Markets wilt under F&O pressures

Rediff.com28 Apr 2011

The Nifty ended at 5785, down 48 points.

'Let us buy out Pakistan's N-arsenal'

'Let us buy out Pakistan's N-arsenal'

Rediff.com17 Dec 2008

An American newspaper columnist has proposed a $100 billion buyout of Pakistan's nuclear arsenals, saying these weapons had become "an inviting target" for Jehadists."

6 reasons why Indian BPOs will keep booming

6 reasons why Indian BPOs will keep booming

Rediff.com17 Dec 2008

Indian info-tech companies that once specialized in basic work are now providing high-value tasks such as R&D and business transformation services.

Story of a top Indian entrepreneur

Story of a top Indian entrepreneur

Rediff.com27 Oct 2009

Sunil Maheswari, the chief executive officer and co-founder of Mango Technologies Pvt Ltd, has many accomplishments to his credit. MINT-Wall Street Journal described Mango Technologies as one of the 'Top Ten Startup Companies of 2008'.

Imran Khan says he won't accept imported govt; calls for street protests

Imran Khan says he won't accept imported govt; calls for street protests

Rediff.com9 Apr 2022

In his address, 69-year-old Khan also expressed disappointment over the Supreme Court's verdict on the National Assembly deputy speaker's controversial decision on the rejection of no-trust motion against him.

Budget likely to focus on growth, structural reforms: Report

Budget likely to focus on growth, structural reforms: Report

Rediff.com29 Jan 2021

The Budget, to be presented on February 1, is likely to be less worried about fiscal deficit and will be focused more on nursing the fragile growth, according to a Wall Street brokerage report. Bank of America Securities India expects the budget to peg "fiscal deficit at a high 5 per cent of GDP for FY22 and 7.2 per cent for FY21, as it is likely to step up capex, recap public sector banks, push asset sales to break government monopolies, offer sops for real estate, tax cuts for lower income groups and creation of a bad bank". Its house economists expect these spends to be funded by debt and partly by imposing a cess on high income groups and also by some non-fiscal measures like tapping the central bank's revaluation reserves and bank recapitalisation and infra bonds.

Salaries of top 10 US CEOs in a decade

Salaries of top 10 US CEOs in a decade

Rediff.com28 Jul 2010

Larry Ellison, the top-paid US CEO got a salary of Rs 8,587 crore ($1.84 billion) during the last decade. Check out the other top earners. . .

Obama unveils economic team

Obama unveils economic team

Rediff.com24 Nov 2008

United States President-elect Barack Obama on Monday officially unveiled the economic team that will assist him in tackling what he termed 'an economic crisis of historic proportions'.Obama has named New York Federal Reserve President Tim Geithner as US Treasury Secretary and former Treasury Secretary Larry Summers as chief of the National Economic Council.

Motorola in talks to sell networking unit

Motorola in talks to sell networking unit

Rediff.com19 Jul 2010

Cellphone maker Motorola Inc is in talks with Nokia Siemens Networks to sell its wireless- networking business for $1.2 billion, a media report said.

Bill Gates and his silver bullet

Bill Gates and his silver bullet

Rediff.com21 Nov 2008

When it comes to schools, there are no quick fixes, discovers Bill Gates.

Will Citigroup be sold off?

Will Citigroup be sold off?

Rediff.com21 Nov 2008

Quoting people familiar with the matter, 'The Wall Street Journal' said: "Executives at Citigroup Inc, faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright."

Obama to introduce radical reforms: Report

Obama to introduce radical reforms: Report

Rediff.com20 Nov 2008

Under his financial policies, the Wall Street Journal reported, banks seeking government assistance would be forced to lend and to halt foreclosures. Automobile companies would be pushed to change their product lines to more advanced, fuel-efficient vehicles. Billions of federal dollars would promote solar, wind and biomass energy, while dirty coal power could be priced out of business.

US Senate passes sweeping financial reforms Bill

US Senate passes sweeping financial reforms Bill

Rediff.com16 Jul 2010

The law will check taxpayers' money from being used to pay for the financial mismanagement of institutions.

Nokia Siemens in talks to buy Motorola arm

Nokia Siemens in talks to buy Motorola arm

Rediff.com14 Jul 2010

The report stated though a deal could be reached in the next few weeks, there was no certainty about it.

Citigroup plans to scale back US operations

Citigroup plans to scale back US operations

Rediff.com24 Sep 2009

Attributing to people familiar with the situation, The Wall Street Journal said executives at the New York company plan to narrow the focus of Citigroup's US branch network to six major metropolitan areas.

Citi's Tom King to quit after 20 years of service

Citi's Tom King to quit after 20 years of service

Rediff.com21 Sep 2009

Financial services major Citigroup's top executive Tom King is leaving the company after 20 years of service and is likely to join Barclays Plc, a media report said.

Airbus to cut output, foresees tough times

Airbus to cut output, foresees tough times

Rediff.com18 Sep 2009

Faced with tight financial conditions Airbus may need to cut production next year as the European plane maker anticipates two 'difficult' years ahead, Airbus chief executive Tom Enders said.