InMobi, Snapdeal could get boost from Google, Alibaba
Two Indian firms could get a boost from tech majors in what might turn out to be the first direct investment in the country by Google Inc and Alibaba. Chinese e-commerce giant Alibaba is in talks with Indian online marketplace Snapdeal over a potential cash investment, a person familiar with the... read more »
Ranbaxy merger: Sun Pharma readies new leadership team
Taking forward its acquisition of Ranbaxy Laboratories , Sun Pharma has put in place a team of top executives, including Dilip Shanghvi’s son Aalok Shanghvi, to lead the businesses of both the organisations. While the leadership team is comprised mainly from the representatives of Sun Pharma,... read more »
Gold falls Rs 195 per 10 gram; silver down Rs200 per kg Read more at: htt...
New Delhi: Taking weak cues from overseas markets and subdued demand from jewellers, gold on Tuesday plunged by Rs195 to Rs26,430 per ten gram and silver by Rs200 to Rs36,000 per kg in Delhi bullion market. Traders said besides easing demand from jewellers, a weak global trend as stronger dollar... read more »
Gold near three-month low
Gold edged up on Monday, but remained near a three-month low as the dollar hit an 11-year high after a strong U.S. jobs report boosted expectations the Federal Reserve would soon hike interest rates. Spot gold rose to $1,172.41 an ounce by 0733 GMT, retaining most Friday’s near 3 percent... read more »
