Yahoo future strategy
San Francisco, April 6: Yahoo Inc CEO Scott Thompson will outline his long-term strategy and vision for the struggling Internet company at an all-hands meeting for staff next Tuesday, a source at the company said, days after Thompson announced the deepest round of job cuts in years. The meeting is likely to focus around the three main businesses — core media and communications, platforms and data.
New Delhi, April 6: The government is planning to challenge in the Supreme Court telecom tribunal TDSAT’s ruling that had set aside an order to impose a Rs 27.65 crore penalty on Idea Cellular for delaying its rollout obligations in five circles.
Mumbai, April 6: RBI deputy governor Subir Gokarn today said it was imperative for the Centre as well as states to follow the path of fiscal prudence. “The current macro-economy is much threatened by fiscal expansion,” Gokarn said.
New Delhi, April 6: Domestic companies are likely to focus on acquiring coal and iron ore assets in the mining space this year, especially in Indonesia, Australia and Africa, says an Ernst & Young report.
PE fund inflow
New Delhi, April 6: Private equity (PE) investment fell to $1.88 billion across 90 deals during the quarter ended March this year, less than half compared to the same period last year.