Walt Disney to buy controlling stake in UTV
Acquisition to enhance presence of Walt Disney in a market having a growing consumer base
Trading Strategies
Tata Motors total vehicle sales up 16% to 87,465 units
Sales of Aria, Safari and Sumo increased 37.61% to 6,140 units
Siemens Q1 net profit down 70% to Rs 70.7 crore
Diversified industrial solutions provider's orderbook increased by 11% to Rs 2,834 crore
Starbucks, Tata Global ink JV to open coffee shop in India
Joint venture co Tata Starbucks Ltd to invest Rs 400 crore to open 30-50 outlets in India in 2012
TonenGeneral to buy 99% stake in ExxonMobil's Japanese unit
Japan's second largest refiner expects to maintain the same dividend this year
ICO: Global coffee exports rise 11% to 104.5 mln bags
Global body on coffee also revises its production estimate for the brew in the 2011-12 coffee years
Samsung Electronics fourth quarter net profit surges 17%
Operating profit, sales of technology firm are in line with its guidance issued earlier this month
Global drug maker makes offer for Illumina worth $5.7 bln
Acquisition of Illumina will strengthen the position of Roche in life sciences and diagnostics areas
Takeda gets US FDA OK for cancer medicine Velcade
Cancer medicine Velcade generated $594 million in sales for the year ended March 31
Cairn sells 30% stake in Greenland exploration licenses to Statoil
Stake sale is a part of Cairn's plan to bring in a partner in to share the costs of exploration in the Artic
