Logitech sets aside $3.25 mn to cover possible SEC penalty

Last Updated: Saturday, June 6, 2015, 21:13

The maker of computer accessories also said it would see an increase of $0.5 million in inventory and accrual for a balance sheet reclassification and a change of $0.3 million in deferred tax assets tied to these changes.

US lawmakers push for export of natural gas to India

Last Updated: Friday, June 5, 2015, 11:04

Influential American lawmakers have pushed for removing of restrictions on export of natural gas to India and sought to implement the civil nuclear deal to meet the country's ever growing energy needs.

American IT industry calls for raising cap on H-1B visas

Last Updated: Wednesday, May 27, 2015, 09:05

More than 545,000 tech jobs remain vacant in the US which is having a deep impact on Silicon Valley-based firms, American IT industry has said while arguing in favour of raising the cap on H-1B visas to attract brightest minds from across the globe.

SMEs count gains, see 7.5% rise in turnover in 2 yrs

Last Updated: Tuesday, May 26, 2015, 16:28

84 percent of the SMEs believe that financial discipline is the key to their success followed by working capital management (47 percent).

Indian-American pleads guilty to defrauding investors

Last Updated: Thursday, May 21, 2015, 10:08

A 65-year-old Indian-American man has pleaded guilty to charges of defrauding individuals of hundreds of thousands of dollars and could face upto 20 years in prison.

Steel Strips bags $4.5 mn Canadian order

Last Updated: Wednesday, May 20, 2015, 12:12

SSWL was trading at Rs 322.30 on BSE, up 6.72 percent, from the previous close.

Google versus Oracle case exposes differences within Obama administration

Last Updated: Friday, May 15, 2015, 20:57

It is unclear what position the administration will ultimately take. Deliberations within the Obama administration have mirrored the larger debate in the technology world.

'India looking to acquire oil assets abroad'

Last Updated: Friday, May 15, 2015, 15:35

India is looking to buy oil assets abroad, the country`s oil minister said on Friday, adding he was seeing increased engagement in the Latin American region.

Obama welcomes Senate vote on trade deals

Last Updated: Friday, May 15, 2015, 11:38

Obama said he shares the values of Democratic critics who worry that any trade deal will be detrimental to American workers while warning that blocking a trade deal will be bad for the US.

Rupee firms up 18 paise to 63.47 Vs USD

Last Updated: Friday, May 15, 2015, 09:42

Rising for the third straight day, the rupee strengthened by 18 paise to 63.47 against the US dollar in early trade Friday on continued selling of the American currency by banks and exporters.

Boeing says efficiency supports strong outlook, despite hurdles

Last Updated: Wednesday, May 13, 2015, 10:43

Boeing stock was down 0.2% at $145.61 in afternoon trading.

Rupee recovers 9 paise to 64.08 against USD

Last Updated: Wednesday, May 13, 2015, 10:09

The rupee strengthened by 9 paise at 64.08 against the US dollar in early trade Wednesday at the Interbank Foreign Exchange on fresh selling of the American currency by exporters.