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Infosys may bid adieu to non-performers

BUSINESS NewsMobile Desk -
Bangalore: Software giant Infosys, which employs as many as 1.5 lakh people, may hand over pink slips to non-performers who "did not add value"...

Facebook acquires WhatsApp in $19bn deal

BUSINESS NewsMobile Desk -
California: Facebook is to buy mobile messaging service WhatsApp for $19bn in cash and shares. The landmark deal makes it the social networking giant’s...

HC halts 50% bonanza to defaulters

BUSINESS NewsMobile Desk -
New Delhi: The Delhi High Court on Wednesday directed the city government not to implement the 50% subsidy announced by it to people who...

Budget window-dressing makes market happy

BUSINESS NewsMobile Desk -
New Delhi: The Indian economy got a window-dressing in the Interim Budget presented to Parliament on Monday.   Finance Minister P Chidambaram said, "I can...

Rakuten acquires Viber for $900mn

BUSINESS NewsMobile Desk -
Washington: Japanese firm Rakuten is set to marry Israeli messaging service provider Viber. The coupling will allow Rakuten to add Viber Group's nearly 225...
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