Reuters
Samsung loses $12 bln market value after Apple's victory
Samsung Electronics shares tumbled more than 7 per cent on Monday, wiping $12 billion off the South Korean giant's market value, as Apple Inc's sweeping legal victory in their U.S. patent battle raise
Merkel tries to calm storms over Greece, ECB policy
Angela Merkel tried to calm a growing storm over eurozone crisis strategy on Sunday after the Bundesbank likened ECB bond-buying plans to a dangerous drug and a conservative ally of the German leader
Blackstone grooms six executives for Schwarzman's job
When Blackstone Group LP named a new global head of private equity last month, chief executive Stephen Schwarzman was looking for more than just a business unit chief.
Even though the buyout king has
Govt could sell another 5% in Neyveli Lignite
Government is considering selling another five per cent stake in lignite miner and power generator Neyveli Lignite Corporation, Coal Minister Sriprakash Jaiswal told reporters on Monday.
"The finance
Apple wins patent battle, gets $1bn
Apple Inc scored a sweeping legal victory over Samsung on Friday as an American jury found the South Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the United States company $1.05 billion in damages.
With no reforms, India's bulls get edgy: J.P.Morgan
Stock bulls in India 'are now getting edgy' according to a J.P. Morgan report on Friday, as the government has yet to deliver on key reforms, while economic fundamentals have 'deteriorated'.
The inve
Bharti Airtel shortlists banks for Infratel IPO: Sources
Bharti Airtel has shortlisted banks including Standard Chartered and JPMorgan to manage a share flotation for its telecom's masts unit to raise more than $750 million, two sources with direct knowledg
Bernanke says Fed has scope to provide more stimulus
The Federal Reserve has room to deliver additional monetary stimulus to boost the U.S. economy, Fed chairman Ben Bernanke told a Congressional oversight panel in a letter.
"There is scope for further
Govt delays approvals on 52 oil, gas exploration blocks
Energy firms that have invested more than $12 billion have been hit by delays on required approvals for 52 exploration blocks, some awarded as far back as 1999, Oil Minister S. Jaipal Reddy said in a
India faces Twitter backlash over Internet clampdown
The government faced an angry backlash from Twitter users on Thursday after ordering Internet service providers to block about 20 accounts that officials said had spread scare-mongering material that
