FM for giving power to consumers to file class action suits

Last Updated: Friday, May 29, 2015, 14:03

The concept of Class Action suit was there in the Act, it has never been used. Such suits can be filed by a group of people when there is a class or category of goods which is defective and a very large number of people have been deceived by it.

Google shows off virtual reality collaboration with GoPro

Last Updated: Friday, May 29, 2015, 11:15

GoPro`s helmet and body-mounted video cameras are popular with adventure sports enthusiasts, and the new GoPro system will use Google’s new Jump technology to help create a 360 degree view.

HSBC getting new trial in securities class action lawsuit

Last Updated: Friday, May 22, 2015, 23:44

A federal appeals court has awarded HSBC a new trial in a securities class action suit that ended with a USD 2.46 billion judgment against the company.

Samsung quietly prepping for change of style, rather than strategy

Last Updated: Wednesday, May 20, 2015, 11:02

Samsung wants to be evaluated through performance and ensure Samsung keeps growing.

UK unions give Tata Steel notice of industrial action ballot

Last Updated: Tuesday, April 28, 2015, 16:15

British steel unions have given official legal notice to Tata Steel UK about their intention to start balloting some 17,000 members for industrial action from May 6, one day before the country`s general election.

BSNL employees on 2-day nationwide strike starting today

Last Updated: Tuesday, April 21, 2015, 04:59

Unions of state-owned telecom firm BSNL will go on a two-day strike from Tuesday to protest against government for not taking concrete action to revive the loss making company.

German Postbank staff strike, fearing sale by Deutsche Bank

Last Updated: Monday, April 20, 2015, 18:34

Staff at German bank Postbank launched an indefinite strike Monday in eastern parts of the country, amid growing speculation parent company Deutsche Bank plans to sell off the subsidiary.

Tata Steel says no deal with UK unions; strike ballot to go ahead

Last Updated: Thursday, April 16, 2015, 19:18

Tata Steel has failed to reach a deal with UK unions about its proposal to change the British pension scheme, it told India`s National Stock Exchange on Thursday.

India may take WTO action against EU over drug clinical trials: GVK

Last Updated: Wednesday, April 15, 2015, 12:47

The privately-held company, part of India`s infrastructure builder GVK Group, conducts clinical research for domestic and foreign drugmakers.

Tata Steel faces industrial action ballot in pension row

Last Updated: Monday, April 13, 2015, 18:51

Tata Steel's proposal to close the British Steel pension scheme has trade unions up in arms, which on announced industrial action ballot against the company's decision.

Australia's ANZ Bank wins appeal on unfair fees class action

Last Updated: Wednesday, April 8, 2015, 08:52

Australia and New Zealand Banking Group on Wednesday won an appeal against a court ruling that some of its credit card fees were unfair, after thousands of disgruntled customers launched Australia`s biggest ever class action.