Sony completes first phase of TEN Sports Network acquisition

With this, Sony Pictures Network India adds 5 TEN channels to its sports bouquet

Political tussle hots up over withdrawal of tax sops to IOCL refinery

Patnaik should not harm the state’s interest by withdrawing tax sops to the IOCL refinery: Pradhan

In One Chart: Status anxiety: This is the country most millionaires are fleeing (and it’s not the U.S.)

There was a surge in high-net-worth individuals moving country last year.

Wal-Mart launches new front in US price war, targets Aldi in grocery aisle

Wal-Mart Stores is running a price-comparison test in at least 1,200 U.S. stores in a bid to close a pricing gap with rivals.

Foot Locker stock jumps after earnings, same store sales beat

The New York-based company posted fourth-quarter earnings of $1.37 per share on revenue of $2.113 billion.

Stocks and bonds are at war over how much growth is coming under Trump

Bonds and stocks are at loggerheads, with one side indicating caution on growth and the other brimming with optimism.

Companies blaze new route to buyback, skip narrower one

India Inc is increasingly opting for the ‘tender route’ buyback instead of the traditional ‘open market’ route. Between 2006 and 2014, nearly 80 per cent of the buybacks were done through the ‘open market’ route. Since 2015, 95 per cent of the buybacks have been through the ‘tender route’. Even the recent mega buyback of Tata Consultancy Services (TCS) has been proposed to be done through the ‘tender route’.Change in regulatory and taxation framework has been the key factor behind the shift.The sharp rise in tender buybacks have coincided with the government’s decision to levy 10 per cent additional taxes on dividend at the hands of individuals.”Over the years, the primary motive of buybacks has changed. Earlier buybacks were used to send a signal to the market that the stock is undervalued. In the current context and with change in tax code, companies are using buyback as a tax efficient way of distribution to shareholders. The change in mechanism being used largely reflects the …

Amazon resists Echo murder evidence call

Amazon issues formal legal response to requests to hand over information from its smart speaker Echo.

What Is Colin Kaepernick’s Value To The San Francisco 49ers?

A look at what Colin Kaepernick’s true value is to the San Francisco 49ers as the two sides figure out where they are going to go from here. Will San Francisco retain Kaepernick? Does he want to return? What factors into this decision? More here.

London Markets: FTSE 100 closes in the red as HSBC slides by most since 2009

U.K. stocks ended lower Tuesday, with HSBC shares hit after the banking heavyweight posted a wider quarterly loss.