This deal follows ONGC's last acquisition in the Rovuma Area 1 gas field, in June, for $2.47 billion.
Apple’s iPhone 5S will sport a new A7 chip, which will make it 31 percent faster than the A6-powered iPhone 5, the latest rumor suggests.
A spoof of a Mercedes-Benz car commercial showing a young Adolf Hitler getting run over by a C-Class went viral over the weekend. Watch the spoof commercial spot here.
Brazil, Argentina and Venezuela have seen their currencies drop sharply in the last six months.
A new report indicates Google may be in talks with contract manufacturers to build its own self-driving cars.
The privately built Dream Chaser space plane passed a “captive carry” test on Thursday. This followed a set of successful ground tests early this month.
The U.S. Air Force is in need of transforming its aging fleet of aerial refueling tankers.
Long periods of low interest rates and loose monetary policy were a necessary risk, but they must eventually end, the IMF chief said.
India overtook Japan as home to the world's third-largest online population, which grew by 31 percent.
In the U.S., revised Q2 GDP should indicate steady momentum.
Musk says he's tired, but making Tesla the automotive version of Apple isn't getting easier.
While the U.S. economy has seen considerable growth in both very low-paying jobs and very high-paying jobs, it’s the jobs in the middle of the pay spectrum that are missing.
Egypt’s turmoil is forcing its young people to put jobs, careers and education on hold, and nobody knows how long the interruption will last.
Lawmakers left Washington in gridlock during the August recess. Back home, they will be told anything hurting the recovery is a bad idea.
The little-known Law of Jante may be the reason that Sweden skimmed over the world's recession relatively unscathed, but at what cost?
Despite ballooning scandals in China, Big Pharma is used to bad reputations -- and that won't change anytime soon.
CNET Replay allows tech companies to have positive device reviews featured on the home page months after they were written.
Gordon Murray says an undisclosed buyer has purchased his proof-of-design T.25 and T.27 (electric) city cars.
Forget Abercrombie's "fat" kids controversy -- the real demographic problem is a much bigger deal.
The company will spend $100 million in the next year and a half, eventually creating 90 more jobs at its historic distillery.
Chile and Argentina try to make up after fighting over an airport, but Spanish airline Air Europa may try to step in.
Samsung may have made a giant marketing blunder with a new video intended to push its SSD 840 EVO solid-state hard drive.
The increasingly lengthy drama around who will succeed Ben Bernanke as Fed chair has left an opening among commentators seeking clever metaphors to capture the suspense.
Historically, September is the worst month for U.S. stocks. It’s also the month with the most banking crises.
American car buyers are careening toward the strongest auto sales cycle since before the Great Recession.
The country has 40 individuals with more than $30 million in assets, and that number could grow to 307 in a decade.
The bull market in emerging markets securities has paused or ended, depending on which analyst you follow.
It appears the price tag could be the critical factor as South Korea shops for fighter jets in what is becoming a rough neighborhood.
George Lucas' wife, Mellody Hobson, is a Starbucks board director.
The southern half of East Asia is set to grow economically over the next decade faster than the northern half of East Asia.