Hinduja co-chairmen Gopichand and Srichand Hinduja had issued a laudatory statement to the Finance Minister's reassurances.
Corporations
Markit: US factory activities to increase in August
Markit, a financial data company, said that the US factory activities increased by 53.9% which was its best rise since March.
Amgen nearing acquisition of Onyx for USD125 a share
Amgen Inc. might announced the agreement to acquire Onyx Pharmaceuticals Inc. for USD 125 per share piece as soon as Monday.
Senior Executive Sudhir Chaturvedi exits Infosys
Infosys Vice President and Financial Services Head for the Americas Sudhir Chaturvedi announced resignation following a previous exit of the company's head of global sales, Basab Pradhan.
US labor and factory data show economic stability
The number of Americans who filed for jobless benefit claims fell to a nearly six year low while US manufacturing activity increased this month.
Latest News
Tata Steel had purchased expensive equipment to lower black dust emanation from its plants. Tata Steel. the Indian steel conglomerate, had invested GBP800,000 in new machinery able to reduce the black dust particles produced from its Wales located facility.
Alitalia and Etihad are in discussion as to possible stake purchase from the Italian flag carrier. Alitalia is in discussion with Etihad Airways, resulting in the Abu Dhabi based airline purchasing a stake in the floundering Italian aircarrier.
A lot of Barrick Gold Corp investors had been in doubt about the direction the company is headed and the role of CEO Peter Munk who was once seen as a visionary man in the gold sector.
Microsoft CEO Steven Ballmer announced leaving the company within 12 months which also left the software maker in woes to find a replacement.
Atlas Elektronik and Rheinmetall Defence Electronics were raided by German authorities in relation to bribery accusations on a submarine equipment order.
A recovery in the US housing market lifted the sales and earnings of Home Depot. Home Depot Inc gained from the rebound experienced in the US housing market.
Rexnord Aerospace announced acquisition for Micro-Precision Technology assets that would allow the two companies to expand their portfolio..
Al Jazeera America filed a lawsuit against AT&T for terminating their contract unfairly. Al Jazeera America filed a case against AT&T for unfairly terminating their Affiliation Agreement.
A federal judge upheld a jury decision against Marvell Technology on the patent infringement case filed Carnegie Mellon University.
