Ambani siblings’ war intensified on Saturday with the younger Anil’s group warning to retaliate in case Mukesh-led Reliance Industries goes legal with its claim on the potential multi-billion dollar amalgamation deal that the former is pursuing with South African telecom giant MTN.
In a strongly worded reply to RIL’s threat to go legal against ADAG to [...]

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The final offer Microsoft made to Yahoo! this week which the beleaguered Internet search company spurned again would have given it $9 billion in cash and $1 billion a year in revenue sharing.
Microsoft had offered $8 billion for a 16 percent stake in Yahoo! and $1 billion for its search business, Kevin Johnson, a key [...]

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Rising food and vegetable prices pushed inflation to a seven-year high of 8.75 per cent, termed “worrying” by Finance Minister P Chidambaram, who pinned hopes on the upcoming conference called by the Saudi King to rein in zooming oil prices.
Inflation went 0.51 per cent up for the week ended May 31 from 8.24 [...]

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War between the Ambani brothers on the family settlement erupted again tonight with younger sibling Anil’s group charging Mukesh’s Reliance Industries of attempting to sabotage its potential deal to acquire South African telecom giant MTN.
A spokesperson Mukesh Ambani-led RIL declined to comment on the allegations that it was seeking to “disrupt creation of one of [...]

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The Indian IT market is expected to grow by 18 per cent in the year 2008 to reach $38 billion, clocking second highest growth rate after China’s which is likely to attain a 20 per cent growth and touch USD 138 billion in size, as per the latest research data released by Forrester.
The report by [...]

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Yahoo Inc and arch rival Google Inc said on Thursday they had entered a non-exclusive partnership on search advertising expected to add as much as $800 million in annual revenue.
Under the agreement, Yahoo can run ads supplied by Google alongside its own search results and on some of its websites in [...]

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