Shares in Thomas Cook India rose more than 2 percent on Thursday after a report said its UK parent has decided to sell the Indian arm to raise money to help the travel firm's troubled global operations.
It's raining smartphones at the 2012 Consumer Electronics Show (CES) in Las Vegas. The top 5 smartphones revealed so far are Samsung's Galaxy Note, Sony's Xperia S, Motorola's Droid Razr Maxx, Nokia's Lumia 900 and the HTC Titan II.
Infosys Ltd cut its full-year revenue outlook because of the debt crisis in Europe, sending down the shares of the No.2 Indian software services exporter by as much as 7.7 percent to their lowest in more than a month.
Samsung Electronics is not interested in Olympus Corp's camera business, but the South Korean company may consider an alliance with the Japanese firm in other areas, a Samsung source told Reuters.
News of the scandalous exploitation of the Jarawa tribe on India's Andaman Island, following the release of undated footage showing members of the ancient tribe coerced into entertaining tourists in exchange for food, has sparked worldwide outrage.
Google is set to launch a Google Maps-based game.
Hampton Adams has been one of CES' most loyal devotees for 15 years. But unlike a good chunk of the 140,000-plus who descend on the world's largest technology showcase every January, the portfolio manager is less keen on fiddling with cutting-edge technology than picking winners.
Crisis somewhat averted.
Actress and CES ambassador Eliza Dushku spoke with two Samsung executives, asking them to lend their support Tharce-Gulu, a charity for victims in northern Uganda. She also gave an exclusive interview to the IBTimes.
Wireless chipmaker Broadcom is gearing up to launch new application processors for the lucrative and growing higher-end smartphone segment by the end of the year, co-founder and Chief Technology Officer Henry Samueli said on Wednesday.
Microsoft Corp has put its talks with media companies about an online subscription service for TV shows and movies on hold, according to people familiar with the discussions.
Bank of America Corp has put its advertising account up for review as it seeks to mold a new image for a company that has changed significantly since the financial crisis and suffered repeated blows to its brand.
UBS' Americas wealth management group has hired a team of three veteran Morgan Stanley Smith Barney advisers in California, the firm said on Wednesday.
Federated Investors Inc objected to hundreds of executive pay packages in last year's corporate proxy voting, a rarity in the don't-rock-the-boat mutual funds industry.
Japan's scandal-ridden Olympus Corp is considering an equity alliance with five prospective investors, including electronics groups Sony, Panasonic and Samsung Electronics.
A recent rise in loans to businesses is spurring hope that bank earnings reports, which begin Friday, will show that the outlook for this economically critical industry is better than its battered stock prices and weak investment banking volumes would suggest.
Bill Gross, the manager of the world's largest bond fund, said on Wednesday that the "demise" of PIMCO's flagship fund is exaggerated.
Motorola plans to make fewer types of smartphone this year, but it may not get the okay from U.S. carriers who could prefer to have lots of variation on their shelves.
Mayor Michael Bloomberg will announce a revived effort to redevelop the long-vacant Kingsbridge Armory in the Bronx during his State of the City speech on Thursday, Crain's reported.
A series of top technology professionals involved with Internet TV, including VPs of Yahoo, Cisco Systems and Western Digital, warned consumer acceptance will be impede unless industry standards are adopted.
House Judiciary Chairman Lamar Smith (R-Texas) may have had a tin ear when he proposed the controversial Stop Online Piracy Act now wending through Congress, his fellow Republican, Rep. Darrell Issa of California, says.
Ford CEO Alan Mulally and Xerox CEO Ursula Burns both decried the state of U.S. higher education Wednesday and said it wasn't producing enough engineers to ensure U.S. technology leadership.
Autopsy results revealed that Michael Philbin, the 21-year-old son of Green Bay Packers offensive coordinator Joe Philbin, drowned. The Oshkosh Police Department issued a preliminary report on Wednesday saying the cause of death was fresh water drowning, though no foul play is suspected.
Microsoft Corp. (MSFT) is planning to shakeup its marketing unit as the company grows increasingly unhappy with the results, a move that could lead to hundreds of job cuts.
The Toyota Prius c, which debuted at the North American International Auto Show in Detroit, might be the biggest bang-for-your-buck hybrid out there-Toyota Motor Company said that it will have a list price starting at less than $19,000 and a driving fuel economy rating of 53 mpg.
Legendary rock band The Velvet Underground sued Andy Warhol's foundation for trademark infringement over a banana logo the late artist created for the band's debut album.
Just because Apple isn't officially attending CES 2012 doesn't mean its presence isn't felt. Rumors are heating up that Apple's next-gen iPad 3 is actually be at the event. That rumor isn't confirmed, but what IS confirmed is that about 250 Apple employees are secretly making their rounds at the event, quietly judging their competition.
The Rochester-based company's complaint to the U.S. International Trade Commission argues that some of Apple's iPhones, iPads and iPods, along with some of HTC's smartphones and tablets infringe on Kodak patents involving technology for transmitting images.
MetLife Inc. has purchased EnV, a 249-unit luxury rental tower in Chicago, the insurance company announced on Wednesday.
The car group reports selling 8.16 million sales last year, more than Toyota. Car group sales in India more than doubled, but General Motors could outshine the German automaker.
