Washington, May 23 (ANI): Sports media giant ESPN has given pink slips to some of its 7,000 employees as a cost cutting measure.

London, May 23 (ANI): Google chairman Eric Schmidt has called for a more rational and predictable international tax system following widespread criticism over the company's failure to have a more transparent tax payment system.

New Delhi, May 23 (ANI): Rediff.com, one of the premier online providers of news, information, communication, entertainment and shopping services to Indians worldwide, has announced results for its fourth quarter and fiscal year ended March 31, 2013.

Sydney, May 23 (ANI): Ford will close its manufacturing operations in Australia and 1200 workers will lose their jobs in October 2016.

London, May 22 (ANI): Apple has been defending itself against accusations that it avoided paying tax on tens of billions of dollars in profits.

New Delhi, May 21 (ANI): In an exclusive interaction with a group of CII CEOs , President Karzai called for Indian Investment in prominent sectors including Healthcare, Agri business, Telecom and Capacity Building.

New Delhi, May 21 (ANI-Business Wire India): Hyundai Motor India Limited (HMIL), a subsidiary of HMC, the fastest-growing automaker by brand and the official partner for International Cricket Council (ICC) today hosted an exclusive preview of the ICC Champions Trophy 2013 in Delhi at Ambience Mall, Vasant Kunj.

New Delhi, May 21 (ANI): Union Minister for Steel Beni Prasad Verma, who reviewed the Quarter 4 and financial year 2012-13 performance of Steel Authority of India Limited (SAIL) here today, advised SAIL to take corrective measures to complete the projects on time.

New Delhi, May 21 (ANI): Sacked iGate CEO and president Phaneesh Murthy has denied the charges of sexual harassment against him and claimed that it was a case of extortion. In an audio conference, and said that the all the charges against him were "completely false".

New Delhi, May 21 (ANI): The Institute of Cost Accountants of India celebrated its Annual Day in which Mr. K. Rahman Khan, Minister of Minority Affairs was the Chief Guest and Mr. M.J.Joseph, Additional Secretary,Ministry of Corporate Affairs was the Guest of Honor.

Tokyo, May 21 (ANI): All Nippon Airways (ANA), the Japan's largest airlines, has announced plans to serve Ramen Noodles to its passengers from June 1, 2013.

New Delhi, May 21 (ANI): Union Finance Minister P. Chidambaram has favoured mergers in the banking industry so that India can have two-three global sized banks.

London, May 20 (ANI): Yahoo Inc. has approved a deal to buy New York-based blogging service Tumblr for 1.1 billion dollars. The acquisition is expected to be announced as early as Monday.

New Delhi, May 18 (ANI): The negative outlook affirmation by S and P for India's BBB- status is unfortunate, Chandrajit Banerjee, Director General of the Confederation of Indian Industry (CII), has said.

Beijing, May 18 (Xinhua-ANI): U.S. stocks bounced back on Friday to end the week for a fourth straight gain, with the Dow Jones Industrial Average and S and P 500 closing at all-time highs.

New Delhi, May 18 (ANI): The government has said that the nation's economy is on right track and that reforms will continue.

New Delhi, May 18 (ANI): Chief negotiators of India and the European Union (EU) met here from May 15 to May 17 and concluded another round of negotiations for the India-EU Broad-based Trade and Investment Agreement (BTIA).

New Delhi, May 17 (ANI): The Confederation of Indian Industry (CII) has welcomed the decision taken by the Government to allow incorporation of 'call' and 'put' options in shareholders' agreement.

Tokyo, May 17 (ANI): Fujitsu, one of Japan's leading global brands offering IT products and services, launched new services based on cloud computing at the Fujitsu annual forum in Tokyo.

Tokyo, May 17 (ANI): Commerce, Industry and Textiles Minister Anand Sharma, addressing the "India Investment Roundtable" jointly organized by the Department of Industrial Policy and Promotion (DIPP) of Ministry of Commerce and Confederation of Indian Industry in Tokyo today, invited leading Japanese companies to invest in India and become partner in the growth story of India for mutual benefit.