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Eight years after dividing their business empire, India's most famous billionaire business brothers--Mukesh Ambani and Anil Ambani--Tuesday signaled thawing of relations with two telecom companies controlled by them signing a contract to share their networks.Under the contract, Anil Ambani-controlled Reliance Communications Ltd. (532712.BY) will share its optic-fiber network with Reliance Jio Infocomm Ltd., the telecom venture of Mukesh Ambani's Reliance Industries Ltd. (500325.BY).Reliance Jio Infocomm will pay 12 billion rupees ($221 million) to Reliance Communications as a one-time fee to use its network, the companies said in separate statements. Reliance Communications will also be allowed to use Reliance Jio Infocomm's network.This is the first time that the two brothers are coming together since 2005 when they split the conglomerate built by their father, Dhirubhai Ambani. They divided the multibillion-dollar business empire after their father's death.Under their agreement at th...
Here are nine stocks that fell to 52-week lows:While trading on above-average volume, Tyson Foods (NYSE:TSN) slid today, hitting and then dropping past its previous ...
During trading today, both the Services sector (IYC) and the S&P500 showed little movement.Although it went in the opposite direction of the market today, the ETF tr...
Following Best Buy's announcement that it would shutter 50 retail locations as part of an effort to cut costs, one market research firm said it believes the decline ...
Tata Communications Ltd. (500483.BY) is in talks to offer telecommunication infrastructure services to Reliance Industries Ltd. (500325.BY), as the energy company le...
We break down the next steps in the path to reforming the health-care system.
Rod Kurtz of Inc. Magazine on the brands that refuse to stay down.
Jordan Goodman of moneyanswers.com on the cat and mouse game between retailers and consumers.
Wells Real Estate Funds' CEO Leo Wells on today's commercial real estate market.
WallStCheatSheet.com's Derek and Damien Hoffman on how to keep your portfolio strong during a volatile market.
Consumer Reports releases its first-ever list
Be ready for retirement despite company cutbacks on 401(k) contributions
Cadets talk about their involvement in the program, Young Marines
India's Telecom Commission has decided to allow companies which have licenses to provide broadband wireless Internet to also offer voice telephone services by paying...
Nexa Capital airline analyst Ray Neidl on the American Airlines, US Airways merger's impact on the airline industry.
Dozens of U.S. companies postponed releasing quarterly results after superstorm Sandy hit the U.S. east coast, disrupting power supplies and transportation and flood...
Dozens of U.S. companies postponed releasing quarterly results as Sandy, one of the biggest storms to hit the United States, pounded the east coast, flooding large p...
A number of U.S. companies disclosed plans to postpone their quarterly reports because of the pending arrival of Hurricane Sandy on the East Coast, a move that comes...
Dozens of U.S. companies postponed releasing quarterly results as Hurricane Sandy headed towards the U.S. East Coast on Monday.Forecasters said the 1,000-mile-wide (...
Welcome to OnSale at FOXBusiness, where we look at cool deals and insane bargains.Social gift card site Wrapp gets into charitable giving, and keep your new iPad min...
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