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Yahoo announces plan for tax-free spin off of Alibaba stake

Yahoo unveiled a plan for a tax-free spin-off of its 15% stake in 's Alibaba Group Holding Ltd, a first step in a highly-anticipated process to unwind the holding. Economic Times, 34 minutes ago

Handset manufacturers like Spice take PMā€™Modi's 'Make in India' initiative to heart

Spice announced its domestic manufacturing plans in the form of a Rs 500 crore unit in Uttar Pradesh, with support coming from the Akhilesh Yadav.
 Economic Times34 minutes ago

Apple profit soars to record $ 18 bn on rocketing iPhone sales

"We'd like to thank our customers for an incredible quarter which saw demand for Apple products soar to an all-time high," said Apple CEO Tim Cook.
 Economic Times34 minutes ago iPhone 6 Demand Is Highest Ever 90 Days After Launch...Will This Impact Apple?  Benzinga.com4 hours ago

Prabhu seeks Rs 20,000 crore to eliminate unmanned crossings

Miffed at unabated spate of deaths on railway tracks at unmanned rail crossings, railway minister Suresh Prabhu has sought a one time non-lapsable fund of Rs 20,000 crores to eliminate all the 11,000 such spots across the country in five years time. The move ...
 Asian Age40 minutes ago Prabhu demands Rs 20000 cr to scrap unmanned railway crossings  24Dunia4 hours ago

New York defends storm shutdown

New York: New York authorities on Tuesday vigorously defended a decision to shut down America`s biggest city for a winter storm that skirted the Big Apple, dumping the worst snow on Long Island and New England. Travel bans were lifted, public ...
 ZeeNews.com4 hours ago

Obama defends Saudi relationship: 'Sometimes we have to balance'

President Barack Obama defended Tuesday the need to maintain a close alliance with Saudi Arabia, a strategic US ally with a poor human rights record, shortly before leaving India for a short visit to the Gulf Kingdom.But even as the US works closely with the Saudis on common strategic goals like counterterrorism, Obama said he and his administration continue to apply "steady, consistent pressure" on issues like human rights. Obama is headed to Saudi Arabia to meet the new King Salman and pay ...
 Rediff.com1 hour ago Michelle Obama navigates limits on women in Saudi Arabia  Rediff.com2 hours ago Obama meets new Saudi king to shore up ties  Bangladesh Sangbad Sangstha4 hours ago Tradition meets Twitter as Saudis pledge to new king electronically  China Post4 hours ago

UK opens inquiry into Russian spy Litvinenko's death

A UK public inquiry into the 2006 death of Russian spy Alexander Litvinenko opened Tuesday at the Royal Courts of Justice in London, after years of wrangling over what evidence can be heard.In a deathbed statement, Litvinenko blamed Russian President Vladimir Putin for ordering his poisoning by tea at a London hotel. The Kremlin has always strongly denied the accusation. ...
 Rediff.com2 hours ago Former KGB spy Litvinenko told UK police Putin ordered his death  Global Advisors4 hours ago Russian spy may have been poisoned twice  Sky News Australia4 hours ago

Japan urges Jordan's help in IS hostage crisis after video

By Antoni Slodkowski and Kiyoshi Takenaka TOKYO (Reuters) - Japan pressed Jordan for help in securing the release of Kenji Goto, a Japanese hostage of Islamic State militants, after a video on Tuesday appeared to show him saying he could be killed ...
 Yahoo! Canada4 hours ago ISIS threatens to kill Japanese and Jordanian  Asian Lite4 hours ago Japan says asking Jordan for help after new IS hostage video  Qatar Peninsula4 hours ago

Americans Still Confuse Sikhs for Muslims: Study

More than a decade after 9/11, Americans who come across a turban-wearing Sikh are still prone to mistaking him for a Muslim, according to a study. Sixty per cent of Americans who participated in the study released by the non-profit National Sikh ...
 Outlook India4 hours ago 'Americans still confusing Sikhs for Muslims'  Rediff.com3 hours ago

Pak air strikes kill 76 militants

At least 76 militants, including a Taliban commander, were today killed in two separate air strikes by Pakistani forces in the volatile northwest tribal region, where the military is locked in a major offensive against insurgents.  The security forces targeted militant-controlled areas in Datta Khel region of North Waziristan, one of the seven tribal regions in Pakistan, near the Afghan border. ...
 Rediff.com3 hours ago 53 militants killed in Pak aerial strikes  Rediff.com5 hours ago
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