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Google in Talks to Buy Mobile-Payments C...

Google in Talks to Buy Mobile-Payments Company Softcard: Report

Google Inc is in talks to buy mobile-payments company Softcard, technology news website TechCrunch reported on Friday, citing people familiar with the matter. The deal could help pair Google with the largest U.S. wireless carriers to battle Apple Inc and its new Apple Pay service, TechCrunch... read more »

US oil spill finding could cost BP $13.7...

US oil spill finding could cost BP $13.7bn in fines

A US judge has said more oil spilled into the Gulf of Mexico following the deadly rig explosion in 2010 than BP estimated — a decision that could potentially cost the oil giant $13.7bn District judge Carl Barbier ruled in New Orleans that 3.19m barrels were discharged into the Gulf after the rig... read more »

Gold Edges Towards 12-Week High on Safe-...

Gold Edges Towards 12-Week High on Safe-Haven Demand

Singapore: Gold edged up for a third session out of four to hover near a 12-week peak on Wednesday, bolstered by safe-haven demand as tumbling oil prices and worries over global economic growth hit equities. FUNDAMENTALS Spot gold had ticked up 0.1 per cent to $1,231.80 an ounce by 0045 GMT. Gold... read more »

Cipla moves HC against bar on sale of ge...

Cipla moves HC against bar on sale of generic drug

MUMBAI: Cipla has filed an appeal in the Delhi high court against a recent order which restrained it from selling its generic version of Novartis drug Onbrez in the domestic market. The matter is expected to come up for a hearing on Wednesday. Protecting Novartis patents on the drug, the court on... read more »

More from Business

Alibaba in funding talks with Snapdeal

BANGALORE: China’s Alibaba has been in talks with Snapdeal as it looks to enter India’s booming online retail industry, according to two people aware of the development.... read more »

Alibaba could join hands with Snapdeal to scale up presence in India

MUMBAI – Even as Chinese e-commerce giant Alibaba.com goes public this week in New York with plans to raise up to $25 billion, it is working on strengthening its position in the... read more »

Reliance Power withdraws from Dadri power project in Uttar Pradesh

NEW DELHI: Reliance Power has formally withdrawn from the Dadri power project in Uttar Pradesh after a protracted legal battle over acquisition of land for the plant. The Supreme Court on... read more »

Mayank Pareek quits as Maruti Suzuki marketing chief

NEW DELHI: Mayank Pareek, the sales chief of India’s largest carmaker Maruti SuzukiBSE -0.37 % has put in his papers after serving the company for more than two decades. Known among... read more »

Raghuram Rajan says it is important to have FII debt limits

Cautioning about reliance on foreign flows, Reserve Bank Governor Raghuram Rajan today advocated for continuing with caps on overseas investments in debt.“…we are limiting our... read more »