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After dropping sharply along with equities last week, Crude oil prices fell under $71 per barrel in New York on Monday.

It has been reported that the dollar index rose 0.19 percent Monday as the euro fell to $1.1921 and investors turned their attention to Hungary, where an official said the government could default on its debt, a statement that was later retracted, but not before concern spread through equity and commodity markets.

'3 Idiots', 2009 Bollywood comedy flick, is an unforgettable film because of several reasons.

Omi Vaidya's brilliant performance in Raju Hirani directed film is counted among them too. Vaidya's 'Chatur' act in the film was highly appreciated by the viewers as well as film fraternity alike.

Recently, Omi bagged the IIFA best male debutant of the year award together with Jacky Bhagnani who debuted in Vivek Sharma's Kal Kissne Dekha.

According to the reports, oficer Steve Jobs Monday introduced the iPhone 4, the newest iteration of the Cupertino, Calif., company's multimedia smartphone.

Macworld has reported that jobs unveiled the product at the company's Worldwide Developers Conference in San Jose, Calif., describing it as "beyond a doubt, the most precise thing and one of the most beautiful things we've ever made.

It will end its participation in prescription drug benefit contracts with CVS Caremark, said the U. S. drugstore chain Walgreens Co. on Monday.

It has been reported that Walgreens, headquartered in Deerfield, Ill., accused CVS of employing an unfair design in its Maintenance Choice program and said CVS does not provide notification when its patients are transferred to CVS Caremark retail or mail order pharmacies to fill their prescriptions. In a news release, the company said CVS Caremark's prescription drug reimbursement rates were "unpredictable."

US soft drink company, Coca Cola Inc has said that it has signed an agreement to distribute some of Dr. Pepper Snapple Group's products.

The deal is for a 20-year period and only some of the products will be a part of this. In return, Coke will be getting $715 million.

The deal has replaced existing agreements that it has with other players. The success of the agreement is also dependent on Coca Cola's plans to takeover Coca Cola Enterprises' bottling business in North America.

India's second largest telecom player could be the vehicle for a Abu Dhabi company that eyes big on India. Etisalat from Dhabi is looking forward to sign a deal with Reliance Communications (RCom) for entering into the Indian telecom market.

While Etisalat is mulling its options, there is news that US telecom major, AT&T, is also thinking of investing in RCom.

With two investors at its side, the things are very rosy for RCom that is the only major local telecom player till now which does not have a foreign investor.