US regulator clears Nokia acquisition of Alcatel-Lucent

Last Updated: Monday, September 14, 2015, 21:27

Finnish telecom group Nokia announced Monday it has received all US regulatory approvals needed for its proposed acquisition of Alcatel-Lucent, taking a step closer towards creating the world's biggest supplier of mobile phone network equipment.

Aircel-Maxis: CBI's status report in SC on probe against PC

Last Updated: Wednesday, September 9, 2015, 21:37

CBI Wednesday placed before the Supreme Court a fresh status report on the progress of its probe into the 2G spectrum allocation scam cases by covering in its ambit the investigation concerning former Finance Minister P Chidambaram in the Aircel-Maxis deal case.

EU approves $13.4 billion GE's Alstom buyout

Last Updated: Tuesday, September 8, 2015, 23:26

The EU announced Tuesday it had approved a deal under which US giant General Electric will acquire the energy business of French company Alstom for 12 billion euros (USD 13.4 billion), after Alstom agreed to sell some assets to an Italian rival.

EU regulators have approved GE-Alstom deal: Source

Last Updated: Monday, September 7, 2015, 23:00

The European Union has approved a deal under which General Electric will acquire the energy business of French company Alstom for USD 12 billion, a source close to the transaction said Monday.

IMF official warms to interim deal to boost emerging markets role

Last Updated: Saturday, September 5, 2015, 09:19

A compromise deal on reforms to give emerging markets greater influence at the International Monetary Fund is increasingly likely, a key official said on Friday, weeks before a deadline for U.S. action expires.

HCL Technologies ties up with Manchester United

Last Updated: Wednesday, September 2, 2015, 19:51

ndia's leading technology house, HCL Technologies Wednesday signed a partnership deal with English Premier League club Manchester United for the club's new digital media strategy.

Aircel-Maxis deal: ED summons 2 officials of a firm linked to Karthi

Last Updated: Monday, August 24, 2015, 22:56

Enforcement Directorate has issued summons to two directors of a firm linked to former Finance Minister P Chidambaram's son Karthi in connection with its money laundering probe in the Aircel-Maxis case.

Aircel-Maxis: SC stays ED proceedings to attach Sun TV assets

Last Updated: Friday, August 21, 2015, 19:00

The Supreme Court on Friday stayed the proceedings undertaken by the Enforcement Directorate (ED) to provisionally attach Sun TV network's assets worth Rs 742 crore in the Aircel-Maxis deal case.

Greece to receive 23 bn euro cash injection ahead of key repayment

Last Updated: Thursday, August 20, 2015, 09:56

Greece is set to receive the first instalment of its third multi-billion-euro bailout Thursday, just as a key repayment to the European Central Bank falls due.

PE investments reach $7.47 bn in H1 2015: Study

Last Updated: Wednesday, August 19, 2015, 14:39

Together, Q1 (January-March) and Q2 (April-June) 2015 made the first half of the year the best-ever in the history of PE investment in India, totalling USD 7.47 billion, it said.

Eurozone ministers approve Greek bailout deal

Last Updated: Saturday, August 15, 2015, 02:50

Eurogroup President Jeroen Dijsselbloem said late Friday that the finance ministers` meeting on Greece turned out "positive" and Greece is expected to get a new loan worth up to $95 bn.

Greek lawmakers debate third bailout deal

Last Updated: Friday, August 14, 2015, 07:19

Greek lawmakers were preparing to vote Friday on the terms of the country`s third international bailout since 2010, a deal which has split the ruling radical left Syriza party and met with a wary response in Berlin.