Mns

Ranbaxy tanks after Daiichi blames former shareholders for $500 mn fine

Thursday May 23, 2013

Ranbaxy Laboratories slumped as much as 6.6 per cent on Thursday after majority shareholder Daiichi Sankyo said it believes former shareholders of the Indian company hid information regarding U.S. regulatory probes.

ICICI Bank gets CAD75 mn from its Canadian arm

Thursday May 16, 2013

Private sector lender ICICI Bank today said its Canadian subsidiary has repatriated Canadian dollars 75 million (about Rs 400 crore) of capital back to the parent.

Google says 900 mn Android mobile devices activated

Thursday May 16, 2013

Some 900 million smartphones and tablets running Google Inc's Android software have been activated since the platform's inception in 2010, executives said at the company's annual developers' conference on Wednesday.

Ranbaxy shares rebound 2% after selloff on $500 mn settlement

Tuesday May 14, 2013

Shares in drugmaker Ranbaxy rebounded sharply after falling as much as 4 per cent on Tuesday. The stock saw heavy selling in early trade after Ranbaxy said it will pay $500 million in civil and criminal fines under the settlement agreement with the U...

Nashik Mayor's brother arrested in murder case

Written by Saurabh Gupta | Sunday May 12, 2013

Rajendra Wagh also known as Dada Wagh, the brother of Nashik's Mayor Yatin Wagh, was arrested in connection with a murder case in Nashik on Saturday and sent to police custody for 10 days.

Reliance Communications clears debt of $500 mn

Friday May 10, 2013

RCom had reported net debt of around Rs 37,360 crore as on December 31, 2012.

Raj Thackeray bats for Shah Rukh Khan

Edited by Sindhu Manjesh | Tuesday May 7, 2013

Actor Shah Rukh Khan, owner of the Kolkata Knight Riders or KKR, will not be cheering for his cricket team when it takes on the Mumbai Indians at the Wankhede Stadium this evening.

Supreme Court commutes death sentence citing delay in deciding mercy petition

Edited by Surabhi Malik | Wednesday May 1, 2013

The Supreme Court has commuted the death sentence of a murderer to life imprisonment on the grounds that the President's office took too long to reject his petition seeking mercy.

News Corp reaches $139 mn shareholder lawsuit settlement

Monday April 22, 2013

The company said in a statement the money would come from insurance policies held by members of the board who were the defendants in the suits.

JSW Steel production up 15% at 8.51 mn tonnes in FY13

Monday April 8, 2013

JSW Steel today said it has clocked 15 per cent growth in annual crude steel production at 8.51 million tonnes (MT) in 2012-13.

Barack Obama proposes $100 mn brain mapping project

Associated Press | Tuesday April 2, 2013

President Barack Obama is asking the U.S. Congress to spend $100 million next year to start a new project to map the human brain in hopes of eventually finding cures for diseases like Alzheimer's.

Drought politics: IPL chairman slams BJP for opposing matches in Maharashtra

Edited by Sabyasachi Dasgupta | Tuesday April 2, 2013

As the sixth edition of the Indian Premier League (IPL) kicks off today, political pitch over hosting its matches in drought-hit Maharashtra has been growing. IPL chairman Rajeev Shukla, who is also the Minister of State for Parliamentary Affairs, sl...

Nasdaq to buy eSpeed platform for $750 mn

Tuesday April 2, 2013

Nasdaq OMX Group Inc agreed to buy electronic Treasuries-trading platform eSpeedfrom BGC Partners Inc for $750 million in cash, providing the exchange operator an entry into one of the world's largest and most liquid cash markets.

Dolce & Gabbana fined 343 mn euros on alleged tax evasion

Monday April 1, 2013

An Italian court has ordered the Dolce & Gabbana fashion house to pay a fine of 343 million euros plus interest for failing to declare millions of euros in revenue to tax authorities, local media reported.

TCS wins $43 mn contract from Norway Post

Monday March 25, 2013

The six-year deal encompasses delivery of a wide range of services across Norway Post's core portfolio of 55 applications. It delivers over 36 million packages and 2.2 billion letters annually.