Toshiba Corp announced today that it would acquire a majority stake in Vijai Electricals priced at around USD200 million.

The interest rates and maturities of standing loans to back up the Verizon buyout of Vodafone was determined.

The Reserve Bank of India (RBI) allowed local banks to borrow overseas up to 100% of their Tier I capital.

Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.

USD800,000 was received by MobileRQ from its latest funding round. The initial funding round of MobileRQ was completed with Verizon Investments LLC leading the way.

Miley Cyrus' new single Wrecking Ball caused a lot of talks from fans after the singer/actress was seen naked in the music video.

AFL-CIO Equity Index Fund said that it reached USD4 billion financial milestone since its inception in 2011.

Goldman Sachs, Nike and Visa shares were added to the Dow Jone Industrial Average replacing Bank of America, Hewlett-Packard Co. and Alcoa Inc.

9Lenses raised an undisclosed amount for its first Series A investment round. A Software-as-a-Service venture providing packaged organizational analytics and business intelligence, 9Lenses announced the closure of a Series A financing round.

Apple announced in its iPhone launch event today that the iOS7 mobile device would be marking its 700 millionth delivery by next month.