Thomas Cook plans to sell 77 pct stake in India unit
Struggling holiday firm Thomas Cook said it was holding on to market share in Britain, dismissing claims by TUI Travel that it had benefited from negative publicity around its arch rival's financial d
Ousted at gunpoint, ex-president of Maldives takes to streets
The ousted president of the Maldives, credited with bringing democracy to the Indian Ocean islands, said on Wednesday he had been forced out of power at gunpoint, prompting clashes between police and
Cisco Q3 revenue outlook strong after Q2 results beat estimates
Network equipment maker Cisco Systems Inc promised further revenue growth after its second quarter results beat estimates, thanks to a restructuring, leading to a dividend increase.
The company, a se
Cognizant revenue misses forecast, outlook better than Wipro
Cognizant Technology Solutions Corp forecast first-quarter sales below estimates, and said it does not expect Europe to rebound in 2012, but sees flat to marginally higher IT budgets in the United Sta
Fears of U.S. slowdown fade as economy shows some muscle
A few months ago economists were all but certain the U.S. economy would slow sharply at the start of this year, with many warning that recession risks were growing.
That pessimism has been shaken off
Bharti shares extend fall as brokerages cut price target
Shares in Bharti Airtel fell as much as 2.4 per cent on Thursday, extending their 6.5 per cent drop in the previous session, as several brokerages cut their price targets on the stock after the leadin
Investor activists see little to 'like' in Facebook
A new crop of companies entering the U.S. public markets, including such high-profile offerings as Facebook, are turning the clock back on the way U.S. corporations are run.
Facebook, Groupon Inc, Li
RIL in talks with airlines for fuel supply
Reliance Industries is in talks with India's major airlines to provide jet fuel infrastructure and transport services, the company said on Wednesday, a day after a government panel approved direct fue
Car sales heading for fall in fiscal 2012
Annual car sales in India are likely to drop for the first time in at least seven years in the fiscal year ending March after January sales fell short of expectations, an industry body said.
Car sale
German police use Facebook pictures to nab crooks
Police in the German state of Lower-Saxony will soon use their networks of Facebook 'friends' to find missing persons and hunt out suspected criminals, according to the state's interior minister.
The