Sterlite Technologies acquires Elitecore Tech for Rs 180-crore
NEW DELHI: Sterlite TechnologiesBSE 2.23 % today announced the acquisition of telecom software product firm Elitecore Technologies at Rs 180 crore in an all-cash deal to widen its telecom portfolio. “This acquisition widens Sterlite’s telecom portfolio of offerings to its global... read more »
Volkswagen emissions scandal spreads to Europe and threatens to embroil mor...
The Volkswagen and Audi diesel emissions scandal which has thrown the global car industry into turmoil has spread to Europe and threatens to embroil more models and rival carmakers. The chief executive of Volkswagen AG, the parent company of Porsche, Seat, Skoda, Bentley, Lamborghini and Bugatti... read more »
French Court Confirms Ban on UberPOP Ride-Sharing Service
PARIS: France’s highest court on Tuesday confirmed a ban on controversial ride-sharing service UberPOP, dismissing a constitutional appeal by the US company. France in January banned the low-cost service, which puts customers in touch with private chauffeurs at budget prices, after furious... read more »
Sri Lanka Rejects International War Crimes Probe
COLOMBO: Sri Lanka’s prime minister on Tuesday rejected a UN call for international involvement in an investigation into alleged war crimes. Ranil Wickremesinghe said talks were under way to establish a credible domestic mechanism to investigate abuses during the decades-long conflict with... read more »
