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.
The law will check taxpayers' money from being used to pay for the financial mismanagement of institutions.
In an apparent bid to strengthen ties both with India and Pakistan, and create new opportunities for the country's defence firms, the United States is considerably increasing arms sales to the two nuclear powered South Asian nations, a report in the Wall Street Journal (WSJ) said.
The report stated though a deal could be reached in the next few weeks, there was no certainty about it.
Asserting that the Pune's German Bakery blast should not derail the upcoming foreign secretary-level talks between India and Pakistan, one of the key aides of President Barack Obama, Senator John Kerry has said that Washington is ready to assist both countries, and that the long-pending Kashmir issue should not be a 'prerequisite' in the initial conversation.
The internal battle within the Obama administration seemed to have been won by Paul Volcker, the impressive and outspoken former Federal Reserve chairman who has long been a critic of financial innovation.
The 50-share Nifty scaled a high of 10,207.90 intra-day but succumbed to profit-booking to finish at 10,184.15, up 53.50 points
The ship, which departed from Long Beach, Calif., Sunday on a seven-day voyage to the Mexican Riviera, was about 200 miles south of San Diego when a fire ignited in the engine room, cutting off power, telephone service and air conditioning.
According to the publication, in July, McGraw-Hill Cos, owner of BusinessWeek, said it was putting the magazine on the block. Since then, McGraw-Hill and its investment bank, Evercore Partners Inc, have had discussions with several parties.
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.
Posts on pro-Trump and far-right online networks have called for protest action on a number of dates, including armed demonstrations in cities across the country on January 17 and a march in Washington DC on inauguration day itself.
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.
'Under Section 79 of the IT Act, Facebook is mandated to exercise care. Once you have a duty, you do not have the right to silence; you need to show compliance.'
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
As the terror alert of an Al Qaeda backed attack in Europe remains, the New York police carried out a drill to prepare against attacks on the lines of the 26/11 Mumbai attacks. The drill simulated multiple bombs and shooters, including a bomb under a vehicle, and police responded with helicopters, dogs, automatic weapons and an armoured car.
The United States and Pakistan would hold their third ministerial-level Strategic Dialogue in Washington, DC, next week, against the backdrop of America pushing Islamabad to act firmly against terrorist safe havens and step up relief efforts in the wake of the devastating floods in the country
As the terror alert of an Al Qaeda backed attack in Europe continues, the New York police carried out a drill on Thursday to prepare against attacks on the lines of the 26/11 Mumbai attacks.
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.
Nifty declined 14 points to close at 6145.
Banking stocks led by Yes Bank, ICICI Bank, Axis Bank and SBI came under heavy selling pressure
It is a spread so full, rich and varied it'd satisfy most cinematic gluttons.
Disgraced Tour de France winner Floyd Landis has sent a series of e-mails to cycling officials and sponsors admitting to the use of performance enhancing drugs, the Wall Street Journal reported on Thursday. The report said the American's e-mails detailed his systematic use of the drugs during his career.
The brokerage said the consolidated fiscal deficit, including that of the Union (3.6 per cent), the states (2.6 per cent) and the off-budget borrowings which are being resorted to increasingly is a worry.
The Sensex swung in a range of nearly 200 points before ending virtually unchanged at 20104, lower by 12 points and the Nifty ended at 6029, down six points.
Adobe and Apple would also close their offices during the holidays.
US markets jumped on Monday, taking the S&P 500 to its highest in four months. The Dow added 1.3% to 10,754. Nasdaq jumped 1.7% to 2,356.
In the past 10 years, 141,000 women or 2.6 per cent of female workers in finance left the industry.
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.
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.
Citigroup plans to launch a $200 million fund for small-business lending in low and moderate income communities.
A deal could be announced as early as Monday, The Wall Street Journal reported, citing people familiar with the matter.
The report by the Wall Street Journal said, "Google Inc is planning to introduce Android-based television software to developers at an event in May," citing sources with knowledge of the development.
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.
Any assessment of Goldman Sachs' alleged "fraud" is likely to run into two problems. First, the armada of jargon that surrounds the financial derivatives market could mean that the essence of the case is lost in translation, leaving the non-specialist bewildered as to the exact nature of the Wall Street giant's alleged perfidy.
The Reserve Bank on Tuesday said it would come out with norms on salaries of CEOs of private and foreign banks by June end, in a move reminscent of the US seeking to control pay of Wall Street executives.
Burger King Holdings Inc is in talks with private-equity firms like 3i Group Plc over a possible sale of the second-largest hamburger chain, says a media report.
Nifty regained the 5400 mark to end at 5402, down 13 points.
May be the strong United States growth will lead the world back to a period of growth and help us all put this painful recrimination behind us.
Global software major International Business Machines' chief executive Samuel Palmisano believes the government's $30-billion information technology investments may create over 900,000 jobs.
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