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Gitanjali Gems shares soar over 9% on biz restructuring

Shares of Gitanjali Gems Wednesday surged over 9 percent after the company announced major restructuring of its business to create better synergy within group companies, bring down costs and improve cash flows for "unlocking value in future".

GM faces investor demand for slice of $25 billion cash hoard

An investor group demand that General Motors Co give back more of its USD 25 billion cash hoard confronts Chief Executive Mary Barra with a challenge to her plans for building the company and rewarding shareholders.

Dutch ING declares first dividend since 2008 crisis

Leading Dutch bank ING said Wednesday it planned paying a dividend for the first time since getting a state bailout in 2008, despite posting a 64 percent drop in net profit for 2014.