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Sony Xperia Z2 launched in India at Rs 49,990

Sony-Xperia-Z2

Sony has launched its top-end Xperia Z2 smartphone in the Indian market, bringing a competitor to the HTC One (M8) and Samsung Galaxy S5. This smartphone is the successor of Xperia Z1, which was launched just six months ago, and ...

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CBI should question Manmohan Singh in 2G

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BJP on Tuesday demanded that Prime Minister Manmohan Singh be questioned by the CBI in the 2G spectrum case after former telecom minister A Raja told a court that every decision was allegedly taken with the PM’s “concurrence”. Describing Raja’s ...

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Amazon working on 3D smartphone: WSJ

Amazon-3D-smartphone

Amazon.com Inc is preparing to launch its long-rumored smartphone in the second half of the year, the Wall Street Journal has reported, citing people briefed on the company’s plans. The internet retailer would jump into a crowded market dominated by Apple and ...

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Sun Pharma to acquire Ranbaxy in $4 billion deal

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Sun Pharma and Ranbaxy Laboratories announced that they have entered into definitive agreements pursuant to which the former will acquire 100% of Ranbaxy in an all-stock transaction. The deal being termed as a “landmark transaction”, has been estimated at $4 billion. Under terms ...

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Samsung Galaxy S5 to feature iPhone-like security features

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In the wake of increasing incidents of smartphone thefts, mobile manufacturing giant Samsung Electronics is set to add two anti-theft features to its latest smartphone. The announcement was made by the company on Friday and is in line with US ...

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Mozilla CEO Brendan Eich resigns over donation to anti-gay organization

Brendan-Eich

Mozilla, the company behind the popular Firefox web browser, on Friday announced that their controversial CEO Brendan Eich is resigning. Eich has been under fire for his views on gay marriage and gay rights. He reportedly donated $1,000 to an ...

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iPhone 6 leaked images surface online

iPhone-6

With Samsung, HTC and Sony done with their big launches of the year, all eyes are on Apple to launch the next big thing – iPhone 6. The device is expected to usher in the era of big-screen iPhones and ...

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No penalty for bank balance below minimum limit: RBI to banks

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Customers may soon be spared penalties for non-maintenance of minimum balances in savings accounts with the Reserve Bank India asking banks to cut down services on low-balance accounts and do away with fines. Banks however say the new regime will ...

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Sahara asks staffers to pay Rs 1 lakh each to bail out Subrata Roy

sahara-india

In a unique attempt to meet the Supreme Court’s preconditions for Sahara chief Subrata Roy’s release, the group’s employees were on Friday asked to contribute Rs 1 lakh or more for a corpus of Rs 10,000 crore required for their boss’s release ...

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Freddie Mac Said to Plan Risk-Sharing Bonds After Debt Soars

freddie-mac

Freddie Mac (FMCC) is planning to sell $966 million of bonds tied to the risk of homeowner defaultsafter investors that bought in earlier sales reaped gains, according to a person with knowledge of the transaction. The government-controlled mortgage firm’s offering ...

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