
New Delhi: The recently unveiled mid-range Android phone from Sony - Xperia U - is now available online for sale. Online retailers like Flipkart and Letsbuy are selling the Sony Xperia U smartphone at Rs 16,499 and Rs 17,399, respectively. However, the company said that it will (officially) announce the availability of the Xperia U handset sometime this month. The Xperia U was unveiled at the Mobile World Congress 2012,...

04:19 PM, May 07, 2012

New Delhi: Tata Communications on Wednesday said that it would not make any offer to acquire Cable & Wireless Worldwide as it had failed to reach agreement with the British firm. "TCL was evaluating a possible cash offer for Cable & Wireless Worldwide Plc (CWW). TCL today confirms that it has been unable to reach agreement with CWW on an offer price and therefore confirms that it does not intend...

11:07 PM, Apr 18, 2012

Finally, I have my MP3 player. Buying an MP3 player is a no big deal, but it becomes when you look out for the best ...

03:27 PM, Mar 29, 2012

San Francisco: Maybe Lord Voldemort put a spell on Amazon.Com Inc on Tuesday. On the same day that Amazon started selling Harry Potter e-books in a landmark deal, buy buttons on the company's dominant Kindle e-book store disappeared for several hours. Top-selling e-books, including The Hunger Games series and the Fifty Shades trilogy, instead had bigger green buttons saying "This title is not available for customers from: United States." Several...

11:32 AM, Mar 28, 2012

HYDERABAD: For all those who thought Hyderabad was a costly city to live in, the latest statistics signify otherwise. The city is ranked second in India, among 15 considered, for declining real estate prices in the year 2011, with the Economic Survey 2011-12 report tabling a decline by 14% in residential property cost in the twin cities, while a separate survey by the National Housing Bank has put the reduction...

08:19 AM, Mar 27, 2012

San Francisco: Apple Inc CEO Tim Cook, moving swiftly after taking over from late Silicon Valley icon Steve Jobs, fulfilled a longstanding desire of investors by initiating a quarterly dividend and share buyback that will pay out $45 billion over three years. The world's most valuable company will start paying its first dividends since 1995 - a regular quarterly payout of $2.65 a share - in July, and buy back...

03:29 AM, Mar 20, 2012

New Delhi: The Cabinet has allowed state-run companies to buy back shares and participate in the government's divestment programme. "The Cabinet Committee on Economic Affairs has approved the buy back proposal," Minister of Heavy Industries Praful Patel said. The government is far short of meeting its target of raising Rs 40,000 crore through stake sales in the current fiscal year ending in March. Sources say only PSU with surplus cash...

12:27 PM, Mar 01, 2012

Tokyo: Sony Corporation (Sony) has finally announced that it has finally acquired Telefonaktiebolaget LM Ericsson's ("Ericsson") 50 per cent stake in the pair's former joint venture Sony Ericsson Mobile Communications AB ("Sony Ericsson"). The company also announced to rename the now fully Sony owned Sony Ericsson as "Sony Mobile Communications". This marks the completion of the transaction jointly announced by Sony and Ericsson on October 27, 2011, and makes Sony...

11:45 AM, Feb 16, 2012

Mumbai: A report in MediaNama comes in as a confirmation to floating rumours, and it is true that popular online retail brand, Flipkart has bought LetsBuy.com for an undisclosed amount. Although the terms of the said deal haven't been disclosed, the report in an update stated that "LetsBuys valuation was between $20-25 million. Another suggests that it is upwards of $25-30 million, depending on the payout." However, some sources still...

11:19 AM, Feb 09, 2012

New Delhi: The country's most-valued firm Reliance Industries on Tuesday said its Rs 10,440 crore share buyback offer will start from February 1 and closes on January 19, 2013. In a public announcement, Reliance Industries said that the buyback which is possibly the largest such programme in the history of the Indian capital market, would start on February 1 and closes on January 19 next year (12 months from the...

11:41 AM, Jan 24, 2012

Greater Noida: Uncertainty continued to loom large over Noida Extension home projects with the NCR Planning Board yet to clear the Greater Noida Master Plan 2021. "There is no chance of resuming construction of Noida Extension projects in the next four months as it will take at least 3-4 months for getting approval of the Greater Noida Master Plan," NCR Planning Board member secretary Naini Jayaseelam told Noida Extension Flat...

10:41 PM, Jan 23, 2012

New Delhi: The country's most-valued firm Reliance Industries on Friday announced a buyback of shares worth up to Rs 10,440 crore from the public in what would be largest such programme in the history of the Indian capital market. RIL would buy back up to 12 crore equity shares worth Rs 10,440 crore from the open market at a maximum price of Rs 870 apiece in its first share buyback...

11:31 PM, Jan 20, 2012

New Delhi: Reliance Industries (RIL) is mulling a buyback and if its gets the go-ahead from the board on Friday, this will be India's largest buyback programme ever. Analysts say assuming a minimum 10 per cent of net-worth, Reliance will have to commit Rs 16,000 crore for the buyback. The buyback is coming after 7 years and it may rank biggest in India's stock market history. What this buyback means...

09:59 AM, Jan 20, 2012

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10:59 AM, Nov 24, 2011