IFC, a member of the World Bank Group, has issued a 1.7 billion worth of rupee-denominated bond (about USD 25 million) as support to Indian companies which are preparing to issue such 'Masala bonds' in offshore markets.
Apple has removed more than 250 privacy-infringing apps from its online store after discovering that a Chinese firm was secretly siphoning-off and storing private informations in violation of the tech giant's privacy policies.
Apple Inc is once again in the news for wrong reasons. A US jury has found that the iPhone maker, in many of its most popular devices has used technology owned by the University of Wisconsin-Madison's licensing arm without permission.
Americans are obsessed with Steve Jobs because the Apple co-founder's story fits perfectly with the romantic individualist story that American culture can't seem to get enough, according to a US researcher.