IMF says not enough done to stop spread of eurozone crisis
The International Monetary Fund on Thursday called for a 'policy game changer' in the eurozone to arrest the spread of the debt crisis it now says is clearly engulfing the entire currency bloc and its
S&P cuts ArcelorMittal debt to junk status
Rating agency Standard & Poor's cut ArcelorMittal's long-term debt to junk status on Thursday and said uncertainty about the debt reduction plans of the world's largest steelmaker and a weak sector ou
Knight's future in balance after trading disaster
Knight Capital Group Inc fought for survival on Thursday after a $440 million trading loss caused by a software glitch wiped out much of its capital, forcing Knight to seek new funding as its shares p
LinkedIn defies social media slump, raises outlook
Professional networking site LinkedIn Corp reported higher-than-expected revenue and raised its full-year outlook as it pocketed more money from subscribers, services aimed at businesses and advertisi
Mahindra Satyam shares surge after earnings, Tech Mahindra up
Mahindra Satyam jumps 8.7 per cent after hitting as high as Rs 91.85, its highest since July 21, 2011.
Gains come after the software services exporter beat analyst estimates with a 56.4 per cent rise
Drought sparks fears for tractor sales
Tractor maker Mahindra & Mahindra shares fall 1.7 per cent as the growing likelihood of a drought in India threatens to hit rural sales.
Mahindra & Mahindra already saw tractor sales fall 2.4 per cen
Company Law Board orders Telenor JV to halt asset auction
The Company Law Board on Friday ordered Telenor's (TEL.OL) mobile phone joint venture in the country not to proceed with a planned auction of its assets until its next hearing, after the Norwegian mob
Fed says U.S. economy weaker but leaves policy on hold
The Federal Reserve stopped short of offering new monetary stimulus on Wednesday even as it signaled further bond buying could be in store to help a U.S. economic recovery that it said had lost moment
Lenovo executive dismisses Nokia bid talk as 'joke'
Chinese personal computer maker Lenovo on Wednesday quashed market speculation it was interested in buying struggling Finnish cellphone maker Nokia.
"This must be a joke," Gianfranco Lanci, who runs
RIM: BlackBerry security not compromised in India
Research in Motion refuted on Wednesday a new round of Indian media reports, which claim that the BlackBerry maker has granted the government the encryption keys to its secure corporate email and mess