Firms/companies
BlackBerry to outsource handset production to Foxconn
21 Dec 2013
Foxconn will get a share of profit on each device in return for taking on inventory management, which could result in writedowns if smartphones did not sell
Oracle to acquire enterprise software firm Responsys for $1.5 bn
21 Dec 2013
The acquisition will help Oracle, the world’s second-largest software company after Microsoft, to extend the reach of Oracle marketing cloud
Cash-strapped Railways introduces dynamic fares
21 Dec 2013
Karnataka HC annuls United Spirits’ stake sale to Diageo
21 Dec 2013
Without going into the legalities of the stake sale, the court ruled that USL’s stock cannot be transferred without the consent of its creditors
Karnataka HC annuls United Spirits’ stake sale to Diageo
21 Dec 2013
Without going into the legalities of the stake sale, the court ruled that USL’s stock cannot be transferred without the consent of its creditors
Google fined €900,000 for breaching Spain’s Data Protection Act
21 Dec 2013
The fine relates to three different breaches with penalties of €300,000 each, more fines are expected to follow
Facebook and banks to face lawsuit over IPO
20 Dec 2013
Social networking site Facebook and dozens of banks must face a lawsuit for misleading investors at the time of its IPO, a US judge has ruled
Facebook and banks to face lawsuit over IPO
20 Dec 2013
Social networking site Facebook and dozens of banks must face a lawsuit for misleading investors at the time of its IPO, a US judge has ruled
Hong Kong’s PCCW to buy back CSL New World Mobility for $2.4 bn from Telstra
20 Dec 2013
Telstra holds 74.6-per cent stake in CSL, while the remaining 23.4 per cent is held by New World, a Hong Kong-based property development and telecommunications company
Hong Kong’s PCCW to buy back CSL New World Mobility for $2.4 bn from Telstra
20 Dec 2013
Telstra holds 74.6-per cent stake in CSL, while the remaining 23.4 per cent is held by New World, a Hong Kong-based property development and telecommunications company
Reliance spurts as cabinet okays doubling price for KG-D6 gas
20 Dec 2013
Agreeing to a suggestion by RIL, the cabinet allowed the price hike on condition that the company will furnish a bank guarantee equal to the incremental revenue it would generate from the increase
S Korean companies Hanmi and Amneal Pharm launch first copy of AstraZeneca's Nexium in US
20 Dec 2013
Bayer to acquire cancer drug maker Algeta
19 Dec 2013
Bayer and Algeta are partners in the sale of the prostate cancer drug Xofigo, which the US FDA had approved in May
Bayer to acquire cancer drug maker Algeta
19 Dec 2013
Bayer and Algeta are partners in the sale of the prostate cancer drug Xofigo, which the US FDA had approved in May
Botnet steal text messages from Android handsets
19 Dec 2013
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