News Corp, where 7% is owned by Prince Alwaleed Bin Talal,reported an increase in annual income. Publishing company News Corp controlled by Rupert Murdoch reported an annual revenue growth of 2.
Investors
Harvard new fund to set high marks for fundraising for a higher education institution
Harvard is setting the bar at USD6.5 billion for the improvement of campus, programs and housing in the university.
Dissenting investors to get IPO offer according to SEBI
India's capital markets regulator SEBI said it had been considering regulation changes to safeguard minority shareholders' interest in a company to use funds generated from an IPO aside from what was originally stated on its objectives.
Foreign institutional investors pour in USD1.7 billion in Indian equity market
Foreign institutional investors had poured in INR11000 billion in the Indian stock market this month following the appointment of the new RBI Governor.
Stock markets may remain volatile on RBI move
RBI had increased its short term policy repo rate to 7.5% from 7.25%, a move which could have stock markets remain volatile.
Latest News
Mike Lazaridis, one of the founders of BlackBerry, sought Carlyle's decision on a possible bid for the smartphone maker.
The partnership between Tata and Singapore Airlines could be a major game changer in the aviation industry where both firms invested USD100 million.
According to a report from Il Secolo XIX newspaper on Saturday while citing sources, Italy's Finmeccanica asked state owned Cassa Depositi e Prestiti to make an acquisition offer to buy the defense group's energy company.
The new gun safety policy announced by Starbucks had pleased many loyal customers and gun safety advocates.
Fiat buys out GM to become sole owner of diesel engine manufacturer VM Motori. Fiat, the Italian carmaker, had laid out plans to takeover VM Motori, the Italian diesel engine manufacturer.
In a bid to comply with the 2010 Brazilian oil law, the government has sought ways to provide assistance for Petrobras to comply with requirements.
In a move designed to avoid default, ThyssenKrupp was able to receive an extension of its credit lines from banks before its planned share sale.
Despite allegations of anticompetitive behavior, Huawei continued with expansion plans to Europe. Huawei, Chinese telecommunications equipment manufacturer, had laid out plans to create 5,500 jobs in Europe within five years.
Focus magazine reported that Deutsche Telekom would still choose a buyer for its online classified advertising business, Scout24.
