Corus Group Plc. has confirmed that it has received a bid of 4.1 billion pounds from one of India’s biggest business houses, the Tata Industries. The bid has though failed to live up to the expectations of market analysts who were eyeing a higher sum.

A jury in the US state of Philadelphia adjudged on Friday, that the American retail giant Wal-Mart Stores Inc. has infringed Pennsylvania state labor laws and ordered the retailer to pay at least $78.4 million in compensation, to workers who were forced to work during breaks.

Stock-options backdating scandal on Wednesday, has engulfed top executives from two major Bay Area technology companies, CNET Networks Inc. and McAfee Inc., at the time when the two companies are scuffling with new strategic threats brought on by shifting forces on the Internet.

Prolong efforts by European Union (EU) and US negotiators to reach a common agreement to share information on passengers flying across the Atlantic, eventually, on Friday turned fruitful when the both

The European Union (EU) and the United States has failed to reach a common agreement to share information on passengers flying across the Atlantic. The EU’s tip court had set September 30th as the deadline to resolve the issue.

Former chief financial officer of Enron Corporation, Andrew Fastow, yesterday got bittersome reward for his misdeed when a US District court ruled a six-year sentence for him. Fastow was one of the ke

A Japanese multinational corporation, Pioneer is suing Samsung SDI Co. and several other Samsung companies in the United States for alleged breach of its patents for flat panel technology, the company that specializes in digital entertainment products, said on Monday.

Cola companies in India took a sigh of some relief when the High Court in the southern Indian state of Kerala, on Friday, capsized a ban on the production and sale of Coca-Cola and Pepsi drinks in the state.

California, the largest U.S. state in terms of population, has combated the automotive industry over new global warming regulations for years. The state on Wednesday announced that it was suing six ma

America's Attorney General, Alberto Gonzales feels that the biggest obstacle in discouraging child pornography is a lack of customer records from Internet service providers, so he told a Senate panel