The Walt Disney Co. said Friday it had cut 1,900 positions at its U.S. theme parks as part of an earlier announced reorganization, representing about 11 per cent of salaried employees in the division.

Could residential demand pick up if prices are rolled back to levels prevalent a few years back?

With equity markets facing a turbulent time, insurance companies are launching guaranteed products to lure investors. In a freewheeling interview to Business Line, V. Srinivasan, CFO of Bharti AXA L

Hit by slowdown blues and a massive credit crunch, real estate players are biting the bullet and lowering prices on new and existing residential projects.

So far this year, global pharma M&As have already topped $160 billion (Rs 8000 billion rupees), and going by the trend, this may only be the beginning. But what’s notable is that these mega merg

The fate of US auto majors, General Motors and Chrysler LLC, hangs in a balance. The companies have to, before their respective deadlines, restructure themselves if they wish to survive. Bankruptcy ma

The New York Times Co has threatened to shut The Boston Globe unless the newspaper's unions quickly agree to $20 million in concessions, the Globe reported on Friday, quoting union leaders.

With phone operators expected to run out of 10-digit mobile numbers soon, the Department of Telecom (DoT) is now considering an 11-digit numbering system.

BL Research Bureau Are Indian banks really immune to the global financial crisis due to stricter regulation? Though regulators and market players may say so, the stock markets don’t seem to agre

Assured a greater say into the affairs of multilateral lending institutions, India will seek additional assistance of $5.2 billion from the World Bank for its financial sector and infrastructure proje