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Greek debt crisis live: Germany issues bailout ultimatum

Eurozone leaders are yet to reach a new bailout for Greece in order to prevent the country from going bankrupt. German Chancellor Angela Merkel, Greek Prime Minister Alexis Tsipras, French President Francois Hollande, and...


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Greek debt crisis live: Eurozone to start 'difficult' talks

Eurozone finance ministers will resume the crucial talks on a bailout deal for Greece in Brussels. The ministers met for nine hours on Saturday but the talks ended without agreement and Eurogroup leader Jeroen...


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Greek debt crisis live: Eurozone finance ministers fail to reach agreement

Eurozone finance ministers on Saturday failed to reach an agreement to resolve the Greek debt crisis. During the meeting, Germany produced a half-baked scheme to take out Greece from crisis for five years. Italy is preparing...


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NYSE breakdown: SEBI, exchanges review risk management

A major "glitch" halted trading for four hours at the New York Stock Exchange (NYSE) last night and the breakdown forced regulator SEBI and stock exchanges to initiate an urgent review of the overall risks management and disaster recovery systems of the Indian markets.


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Immigration Reform News 2015: Most Americans favor low-skilled visa program for

Most Americans seem to agree to the fact that there is a great need for low-skilled labor in the U.S. and this is the main reason why they supported a visa program for "physically demanding work" for legal immigrants in a survey.


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Computer glitch hits United Airlines again

Hundreds of United Airlines flights were grounded for hours on Wednesday after computer problems hit the airlines for the second time in the last two months.


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Sahara chief Subrata Roy tells SC unable to pay Rs. 36,000 cr, what now

Sahara Group boss Subrata Roy who has been lodged in jail for the last 16 months for disobeying Supreme Court's order, has expressed inability to pay up saying that it is impossible for any firm to shell out Rs 36,000 crore in 18 months.


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Virgin America $38 Flights 'Biggest Deal Of The Year' Is Awesome

This is one of the best offers not just from Virgin America but from any airline company in recent memory. The eight hour sale is far too short and will end very soon.


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Uber to set up shop in Hyderabad

American international transportation company, Uber, will invest $50 million in Hyderabad over the next 5 years to establish a facility that will house hundreds of its employees and would be its biggest international office...


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Twitter's new Ads button to let you better manage ad campaigns via mobile

Twitter is testing a new feature that will allow advertisers to manage their campaigns better from the mobile version of the site.


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IndiGo files for IPO to raise $400 million

The owner of India's largest airline, budget carrier IndiGo, is launching an initial public offering to raise more than $400 million to finance expansion into the world's most competitive domestic air travel...


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Greece defaults on IMF payment as bailout expires

Greece has crossed the deadline for payment of loan to the International Monetary Fund (IMF), after the bailout program it has rested on for five years terminated at midnight Tuesday.


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Debt crisis deepens: Greece closes banks; Sensex, global markets crash

Greece declared on Monday it will close banks for a week and enforce capital controls, urging for calm after restless citizens emptied ATM machines in a dramatic increase of the country's debt crisis.


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Coffee Day files for IPO to raise Rs 1150 crore

Prominent coffee shop chain operator Coffee Day Enterprises has submitted a draft application with capital market regulator Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) to raise funds...


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Immigration Reform 2015: $422M raised from DACA application fees but GOP finds

Conservative Republicans who were against President Barack Obama's immigration policies criticized that his execution actions permitting immigrants to get legal work permits would be a liability for American taxpayers.


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Delays make Adani Mining rejig Australia coal mine budget

Adani Mining said on Wednesday it was rejigging the budget on A$10 billion ($7.72 billion) Carmichael coal mine project in Australia as it faces delays in government approvals.


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Hackers claim Jio Chat sending unsecured data, Reliance Jio Infocomm disputes

Hackers have claimed that Reliance Jio Infocomm's mobile messaging app "Jio Chat" is sending users' unsecured data to servers in China. Reliance Jio Infocomm has categorically denied this allegation.


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Immigration reform 2015: Bernie Sanders assures Latinos of his support at NALEO

Democratic presidential candidate, Sen. Bernie Sanders, promised on Friday that if elected president, he would push for immigration reform and will go further than President Barack Obama in expanding deportation relief...


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Immigration Reform 2015: Labor dept investigating H1-B visa abuse by two Indian

The U.S. Labor Department is probing possible misuse of the H1-B visa program by two Indian outsourcing companies after being pushed by Sen. Jeff Sessions, R-Ala.


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Redesigned $10 bill to feature a woman

In a historic move, the US paper currency is set to feature the face of a woman for the first time in more than a century. The newly redesigned $10 bill will be unveiled in 2020, Treasury Secretary Jack Lew said on...


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Immigration Reform 2015: Hillary committing more than she can deliver?

Several efforts have been made by US President Barack Obama and his administration in the last few years in order to push the immigration reform but despite these efforts the contentious reform has failed to take off.


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Gap to close 175 stores in turnaround bid

American multinational clothing retailer, GAP, has announced that it is planning to close 175 under-performing stores in North America over the next few years, as the company struggles to turn around a business stuck in a...


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Immigration Reform 2015: How Hillary Clinton will appease Latino voters?

For the past few years, President Barack Obama and his administration have made several efforts to push the immigration reform but these efforts have failed to yield desirable results so far.


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Alibaba to launch China's Netflix

Alibaba is introducing a movie streaming service like Netflix for its Chinese set-top box users in two months. The service is called Tmall Box Office, or TBO.


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Immigration reform 2015: US debates Obama executive order and legalization of

It is apparent that the immigration reform has divided the United States with many Americans believing that the undocumented immigrants would pose a huge burden for the economic resources of the country after they receive the citizenship right.


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Nestle shares drop as company moves Bombay HC over Maggi issue

Hit by a major controversy, Nestle India today said it has moved the Bombay High Court asking for a judicial review of FSSAI's directive over quality of its product - Maggi Noodles. At the same time shares of Nestle India...


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AstraZeneca Pharma surges on diabetes drug FORXIGA's launch

British pharmaceutical company AstraZeneca has launched Forxiga (dapaglifozin), a breakthrough treatment for Type 2 diabetes mellitus and the comapny's shares rose 20% after the launch.


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Bayer to sell diabetes care unit to Panasonic Healthcare

German pharmaceutical company, Bayer, has agreed to sell its diabetes unit business to Panasonic Healthcare Holdings, backed by KKR & Co, for 1.02 billion euros.


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Chettinad Group in news: After family feud come I-T raids at TN, Andhra, Mumbai

A day after the Chettinad group[ family feud came into limelight, the Income Tax department on Wednesday conducted searches at the Chettinad Group offices in Tamil Nadu, Mumbai and Andhra Pradesh.


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Maggi effect: FSSAI new blacklist targets Starbucks, Kellogs and more

In what seems apparently the effect of revelation of MSG and lead above permissible limit in Nestle's Maggi noodles, the Food Safety and Standards Authority of India has overruled sanctions for 500 products as of 30...


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