Microsoft to cut jobs at Nokia

Microsoft announced that it would cut 7,800 jobs and take a loss of $7.6 bn on Nokia. Some 2,300 of these job cuts will be made in Finland, where Nokia is headquartered.

NYSE comes back to life

The New York Stock Exchange floor restarted trading around 3:10 p.m.

Nestle India paid Rs 20 crore to destroy Maggi

Nestle India has paid Rs 20 crores to Ambuja Cement to burn the recalled packets of Maggi at its cement plant in Chandrapur.

Mayweather stripped of the welterweight World Title!

Floyd Mayweather Jr. won't be given the welterweight title that he had won after beating Filipino Manny Pacquiao earlier this year as he failed to comply with the rules.

Remembering those lost to 7/7 London bombings

Marking the 10th Anniversary of the 52 people killed in the 7/7/2005 attacks, flowers were laid in Hyde Park, Tavistock Square, and Edgware Road Tube station.

India, Pakistan SCO-membership to be finalized in 2016

Russian Presidential aide Yuri Ushakov said that the SCO membership of India and Pakistan would be finalized only in 2016.