SC orders complete ban on transportation of iron ore in Goa

GoaThe Supreme Court of India on Friday continued the ban imposed on excavation operations in iron ore mines in Goa, and also ordered a complete ban on the movement of iron ore in the state.

On 10 of September, the government of Goa had suspended all mining operations till the month of October, but non-governmental organisation Goa Foundation’s counsel Prashant Bhushan argued that suspension didn’t affect the trade as private companies were still transporting iron and magnesium ores that had already been mined.

ComScore: Apple gaining US smartphone-market share rapidly

ComScore: Apple gaining US smartphone-market share rapidlyAccording to the statistics shared by comScore in its monthly report for August 2012, Samsung retained its top-notch spot in the US smartphone-market share during the month; with Apple making notable strides to catch up with its closest competitor.

SAP’s Steve Lucas on Oracle: 'More hardware, very little substance'

SAP’s Steve Lucas on Oracle: 'More hardware, very little substance'SAP's Executive VP of database and technology, Steve Lucas, has reacted strongly to Oracle CEO Larry Ellison's swipe at HANA - the in-memory database server offering from SAP - in his keynote address at Oracle OpenWorld trade show.

While eulogizing Oracle's capabilities in public as well as private cloud computing, Ellison had - in his keynote address at Oracle's five-day annual trade show - described the company's newest 26TB Exadata X3 in-memory database server as the "world's fastest computer for business."

Apple’s home page featured video tribute to Steve Jobs on his first death anniversary

Apple’s home page featured video tribute to Steve Jobs on his first death anniversary Commemorating the first death anniversary of the legendary Apple co-founder and former CEO Steve Jobs on October 5, the company's corporate home page - Apple. com - featured a video tribute to its iconic leader.

The video tribute was a well-thought-out amalgamation of Jobs' black-and-white photographs, and an audio which featured his announcements of Apple's popular devices - such as the iPhone - and his descriptions of Apple's corporate philosophy.

Workers’ strike paralyzes iPhone production at Foxconn's Zhengzhou plant

Workers’ strike paralyzes iPhone production at Foxconn's Zhengzhou plantWithin weeks of the launch of the much-awaited iPhone 5, Apple has reportedly run into a problem of sorts, with thousands of workers at Foxconn's iPhone-manufacturing Zhengzhou plant in central China going on a strike on Friday.

According to a Saturday report by rights advocate group China Labor Watch (CLW), it was on Friday afternoon that 3,000-4,000 employees at the Foxconn's Zhengzhou factory went on strike; thereby paralyzing the production of iPhone 5, which is already hit by supply constraints.

IOC raises 400 million Singapore dollar loan

IOC raises 400 million Singapore dollar loan State-run Indian Oil Corporation (IOC) has raised 400 million Singapore dollar (US$326 million) loan by issuing of ten-year bonds denominated in Singapore dollar.

The flagship refiner-marketer priced the notes at 4.1 per cent yield, which is much better than 5.625 per cent that the oil company had paid for a US currency loan last year with a similar tenor.

As per the company, the deal made IOC India's first corporate that has successfully priced long-term bonds denominated in Singaporean currency.

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