Tech firms Microsoft and Hewlett-Packard have been accused of using offshore units to shield billions of dollars from US taxes, it has emerged.

A US Senate panel, Senate's Permanent Subcommittee on I

Corporate executives are hesitant to pull the trigger on new acquisitions despite indicating they believe the global economy is improving somewhat, according to a survey of more than 1,500 executives

India is expected to grow at 6.1 per cent in calendar year (CY) 2012, similar to the pace recorded in Q4 2011, the Ernst & Young's quarterly Rapid Growth Markets Forecast (RGMF) released here said.

Foreign direct investment in India is set to swell in coming years as investors stomach a lack of transparency, poor infrastructure and policy paralysis in their search for growth, professional servic

Japanese regulators will not extend a deadline for Olympus to report its financial results, sources with knowledge of the matter said, leaving the scandal-hit company with less than two weeks to corre