Microsoft reported a decline in profits and announced that they will be laying off around 5000 jobs. They are expecting the slow down in profits to continue in the next two quarters. Microsoft’s shares dropped by 11% and this brings their current share value to the lowest, their shares being equivalent to that in 1998.  [...]

MIT is deploying a structured model to complement the bright ideas of their students with sound mentoring in the business field so that running a startup becomes as smooth as possible.I am sure this model can be emulated in many colleges to spawn new companies. MIT is recognized worldwide as a leader in innovation and [...]

 In January 31st, 2007 the Tata Group pulled off one of the biggest acquisitions in Indian corporate history. The Corus Group, an Anglo-Dutch steel and aluminum conglomerate was taken over by the Tata Sons against an astounding £6.7 billion at the rate of 608 pence per share against a Brazilian steel company that had bid [...]