The Apollo Tyres stock plummeted 20.87 per cent to Rs 72.80 in the late morning trade on Thursday on the BSE after the company announced that it will acquire the US-based Cooper Tire & Rubber Company in an all-cash transaction of around Rs 14,500 crore ($2.5 billion). A consortium of four banks — Morgan Stanley, Deutsche Bank, Goldman Sachs and Standard Chartered — will raise $2.5 billion of new debt to fund what is one of the largest overseas acquisitions by an Indian company.

Under the terms of the deal, which has been unanimously approved by the boards of directors of both companies, Cooper stockholders will [...]

We are in Singapore for the launch of the new HTC Windows Phone 8 Devices, including the Windows Phone 8X and the 8S alongside Android devices like the HTC One X Plus. We will get you cover by cover so stay tuned to iGyaan and expect updates on Twitter ( @iGyaan) and Facebook as they happen. 

HTC Windows Phone 8X will Be HTC’s flagship running Windows Phone 8 operating system, which was officially released on the 29th of October. It features a completely new approach to Windows Phone 8 Devices with a new polycarbonate unibody design and a list of new bright colors. The HTC [...]

HTC has launched their new flagship phone, this time for Windows Phone 8, its called ironically the Windows Phone 8X. Remember the One X ? well this takes the same unibody shell and slaps it with a lot of colour,  adds 4.3-inch 1280 x 720 Super LCD 2 display with Gorilla Glass 2 coating, dual-core 1.5GHz Snapdragon S4 processor buffered by 1GB RAM, 16GB of internal storage, WiFi a/b/g/n, NFC and an integrated 1,800mAh Li-ion battery. There’s also quadband radio support for GSM/GPRS/EDGE, HSPA/WCDMA (850, 900, 1900, 2100MHz) and, LTE for  the US Version.

HTC sets itself apart from the crowd of Windows Phone 8 [...]

With a hardware prototype on display at Mobile World Congress 2011, phone manufacturing company Umeox has announced ‘Apollo’, the first solar-powered android smartphone. With few features but an expected price point below 100 USD, the phone is designed primarily for developing markets. the 3.2″ touch screen is backed with Android 2.3, and uses Dutch energy developer Intivation’s efficient sunboost technology for its solar panel.

One hour of full sunlight provides sixteen minutes of talk time, and the company estimates that approximately 2.5 hours of light exposure is sufficient for daily use. [...]