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

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

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.

American Express Co. sold its publishing firm to Time Inc. as banking regulations restricted the bank from engaging in non-financial activities.

Today, Walgreens announced signing a definitive agreement to purchase Kerr Drug's retail and specialty pharmacy business without disclosing financial terms of the deal.

AAMP of America announced the acquisition of INTRAPHEX from Tatmar LLC. AAMP of America, Inc. is a portfolio company of Audax Private Equity. The former had announced today the acquisition of INTRAPHEX.

A report by the Christian Science Monitor said Apple Inc. would release news iPhone products on September 10 event in Cupertino, California.

TapInfluence said that it had raise USD5 million in Series B funding led by existing and new investors.

Miley Cyrus got fans talking again with the release of her new Wrecking Ball video. After her risqué performance with Robin Thicke in last month's MTV Video Music Awards, Miley Cyrus gave her fans something new to talk about.

According to a Reuters report, Apple could introduce the iPhone 5C soon for the emerging markets. Fans and industry observers contemplated on what Apple's new releases could be in its scheduled September 10 launch held in its headquarters in Cupertino, California.

Cisco said it would acquire Whiptail for USD 415 million in cash. Global IT leader Cisco announced that it would be buying Whiptail for USD 415 million in cash.

EADS Chief Strategist Marwan Lahoud said EADS would take its time in making new mergers and acquisitions as the company restructures.

Marathon Oil Corp said it would selling its 10% stake in an Angolan oil and gas field for USD 590 million.

Great Point Partners announced the acquisition of ProAssist Surgical Associates by its subsidiary firm American Surgical Assistants.

Nordea Bank said acquisitions had driven the growth of two European hearing aid manufacturers, William Demant Holdings and Sonova Holding.

Clarabridge raised USD 80 million in equity investments from its new partners. Customer experience management (CEM) provider Clarabridge scored USD 80 million in equity investments in its latest funding round.

Sources told Bloomberg that the joint venture firm of Saudi Aramco and Total, Satorp, would be putting its first fuel up for sale this month.

Barclays said would spend GBP 1.4 billion to revamp its consumer banking unit. London-based Barclays Plc said it would be spending an estimated GBP 1. 4 billion or USD 2.

Sources told Bloomberg that PetroChina Co has set aside USD 10 billion to invest in gas fields in Russia.

The Philippines' Department of Finance announced that it had begun to accept development proposals under the Philippines-Italy Debt for Development Swap Program.

The government of Japan announced that by next month, it would begin to thresh out the details of a joint procurement plan for the purchase of liquefied natural gas.

The increased value of jewelry maker Pandora this year gave investors something to smile about. Pandora showed investors that they had something to smile about in 2013.

The National Pension Service of South Korea increased its stake in six local companies as the government lengthened disclosure times for share purchases over 10%.

According to two sources, KKR would acquire Gland Pharma for INR1 billion and would push through by the end of the month.

The Indian Telecom Commission had cleared the planned exit of Telecommunication Consultants India (TCIL) for its 30% stake in Bharti Hexacom.

An extended rally for the benchmark gauge this year had marked the increase in Asian stocks. Asian stocks had increased which marked an extended rally for the benchmark gauge this year.

Nestle SA said that it would keep all possible options open as it considers the sale of its 29.4% stake in L'Oreal SA.

The sale of expensive homes in South Mumbai had dropped by 10% from 30% two years ago with rental yields decreasing by more than half.