Indian Hotels to Decide on Orient-Express Bid This Fiscal Year

Indian Hotels Co's(IHTL.NS) board will decide whether to proceed with a bid for Orient-Express Hotels(OEH.N) in the current fiscal year ending March, a top company executive said on Monday.

Published: 21 minutes ago

US Ethanol Plants Idled Because Price Of Corn, From Which Ethanol Is Made, Is Higher Than Ethanol Itself

The cost of corn has surpassed the price of the ethanol made from it, which doesn't bode well for producers.

Published: 53 minutes ago

UK Bank Standards, Bonuses and Scandals: RBS To Give Parliamentary Evidence

RBS' CEO Stephen Hester and Chairman Philip Hampton to face Parliamentary Commission on Banking Standards grilling

Published: 4 hours, 16 minutes ago

Renault Adds New Multimedia System 'Media NAV' to Duster SUV

French automaker Renault has upgraded its popular-selling Duster SUV with a new multimedia system called 'Media NAV'.

Published: 5 hours ago

Apple Working on Curved Glass iWatch: Report

Apple Inc is reportedly prepping a new watch-like device which would run on iOS platform and perform functions of a smartphone.

Published: 5 hours, 41 minutes ago

UK Government Report: Scotland Will Have to Reapply to EU If Independent

The UK government warns that Scotland will have to reapply for European Union membership if it becomes independent

Published: 6 hours, 6 minutes ago

European Market Briefing: Shares Edge Higher in Holiday Thinned Trade [VIDEO]

IBTimes TV's daily 'Market Briefing' report with European Business Editor Martin Baccardax

Published: 7 hours, 35 minutes ago

Six Tips For US Home Buyers

For many reasons, this is not "your father's U.S. housing market," hence buyers should consider these 6 tips before placing a home deposit.

Published: 7 hours, 52 minutes ago

India to Allow Corporates to Open Banks Despite Concerns

India plans to open up banking sector to corporates for wider inclusion of people.

Published: 8 hours ago

Government May Borrow Less in 2013/14: Sources

The government is likely to borrow less in the new financial year that begins on April 1 than in 2012/13 because of its surplus cash balance, two government sources told Reuters on Monday.

Published: 8 hours, 4 minutes ago

Tata Power Posts Surprise Third-Quarter Loss

Tata Power Company(TTPW.NS) posted a surprise third-quarter loss, hurt by higher finance and depreciation costs and foreign exchange losses.

Published: 8 hours, 7 minutes ago

FBI Probes EADS Unit Over Saudi Deal

EADS unit GPT Special Management Systems is accused of bribing Saudi officials between 2007 and 2010.

Published: 8 hours, 40 minutes ago

Barclays to Axe Controversial Structured Capital Markets Unit

Barclays to close tax unit SCM, while reports say CEO Antony Jenkins will axe 2000 jobs and £2bn of costs

Published: 8 hours, 47 minutes ago

European Markets Open Lower on Lack of Economic Drivers

Markets subdued on lack of major economic drivers and public holiday in much of Asia.

Published: 10 hours, 37 minutes ago

Ericsson Wins $1 Billion Contract from RComm

Mobile phone carrier Reliance Communications Ltd(RLCM.NS) said on Monday that it has awarded an eight-year contract valued at $1 billion to telecommunications equipment maker Ericsson(ERICb.ST) to manage its networks in the northern and western states of India.

Published: 10 hours, 50 minutes ago

AMR and US Airways Delay Meeting to Discuss $11 Billion Merger

AMR and US Airways boards delay meeting to finalise a merger deal due to unresolved issues.

Published: 11 hours, 15 minutes ago

France's Renault Recalling over 60,000 Cars in China

French carmaker Renault has started recalling over 60,000 cars exported to China due to problems with their fuel level sensors, state news agency Xinhua quoted the Chinese consumer watchdog as saying.

Published: 11 hours, 45 minutes ago

Samsung's Galaxy S3 Prices Take Nose Dive

Attractive discounts on Samsung's Galaxy S3 are now being offered by global distributors, probably to clear out stocks as the rumoured April commercial release of is more powerful replacement, the Galaxy S4, nears.

Published: 12 hours, 8 minutes ago

Apple Experimenting with Devices Similar to Watches

Apple Inc. (AAPL.O) is experimenting with the design of a device similar to a wristwatch that would operate on the same platform as the iPhone and would be made with curved glass, the New York Times reported on Sunday.

Published: 12 hours, 11 minutes ago

Apple, Microsoft, Adobe Get Summons from Australian Parliament

Members of Australian parliament have summoned for questioning IT giants Apple, Microsoft and Adobe to explain why their products are sold for much higher in Australia compared to other parts of the globe.

Published: 12 hours, 11 minutes ago