Hedge fund founder Raj Rajaratnam made USD 4 million on Hilton Hotels Corp stock in July 2007, but was he acting on industry research or an inside tip from a Moody's analyst who disappeared months later?
AT&T's planned buy of Deutsche Telekom AG's T-Mobile USA will face major demands from US regulators, including extensive asset sales and promises to serve rural areas, but the USD 39 billion deal is expected to ultimately get a government nod.
Canadian pop sensation Justin Bieber Irish rockers U2 are among the artists being featured on a digital-only album being rushed out by Universal Music to raise funds for Japan's earthquake and tsunami victims.
A 25-year-old Texas man has received the first full face transplant done in the United States, Boston's Brigham and Women's Hospital said on Monday.
Global anxiety rose over radiation from Japan's crippled nuclear plant even as engineers had some success in the battle to avert disaster from the world's worst atomic crisis since Chernobyl.
Microsoft Corp filed lawsuits for patent infringement on Monday against bookseller Barnes & Noble Inc over its Nook electronic book reader, widening the software company's legal assault on devices running on Google Inc's Android system.
The World Bank is rethinking its role in the Middle East and North Africa to tackle economic and social problems that sparked political unrest, the bank's President Robert Zoellick said on Monday.
Global stocks rose on Monday as risk appetite returned after Japan had some success controlling a crippled nuclear plant, while the yen slipped on speculation of further market intervention.
Gabon will be ready to host the African Nations Cup finals next year despite concerns that preparations are falling behind, President Ali Bongo Ondimba said on Monday.
Tiger Woods is turning the corner with his game and victory at next month's US Masters would put him back on track to break Jack Nicklaus's record of 18 major wins, according to former Masters champion Sandy Lyle.
Blues musician Joe Willie "Pinetop" Perkins, who this year became the oldest person ever to win a Grammy Award, died at his Austin home on Monday at age 97.
British media groups vehemently opposed to News Corp's proposed buyout of pay-TV firm BSkyB say it is "fanciful" that Rupert Murdoch will not interfere in the running of its influential news station.
Santiago, Mar 22 (AFP) President Barack Obama assured top US lawmakers that military strikes on the forces of Libyan leader Muammar Gaddafi's "lawless" regime were in the national interest of the United States.
Prince William's bride-to-be Kate Middleton will arrive at her wedding next month in the limousine attacked by students during riots in London three months ago, royal officials said.
A former UBS investment banker was sentenced on Monday to 22 months in prison for providing inside information on six healthcare mergers to a trader and then sharing in the profits.
US military operations against Libya will be funded through cash flow, but finding the money will be tough given the lack of a defense budget for the 2011 fiscal year, the Defense Department's top budget official said.
US President Barack Obama has asserted that it is America's policy that the Libyan leader, Muammar Al Gaddafi must go and his Administration has multiple tolls to ensure that this goal is achieved.
European central bankers signalled on Monday they stood ready to raise interest rates next month despite uncertainty linked to Japan's nuclear crisis and the ongoing struggles of euro members Greece, Ireland and Portugal.
The US Interior Department said on Monday it approved Shell's plan for deepwater oil and natural gas exploration in the Gulf of Mexico, the first such exploration plan with a complete environmental assessment since the BP oil spill.
The US markets rallied for the third successive day as the Dow climbed back above the 12000, buoyed by a major telecommunications deal and an upmove in energy stocks.
Nifty Futures shed 12 lakh shares in OI and ended with 15 points premium as against 13 points. Nifty April 5300 Put added 2.33 lakh shares in OI.
The impetus for the rupee is for an upside from overseas stock markets and currencies, says Vikram Nanivadekar of Verity Analytics.
We continue to believe that levels of 4970/16500 should be seen by April, says Gautam Shah of JM Financial.
During this week, place your order for the graph of April. This will help you decide your position, well in advance.
F&O cues: Total Futures' open interest (OI) was down by Rs 77 crore while total Options' OI up by Rs 28 crore.