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A court in China has begun mediation in the ongoing dispute between Apple and Chinese firm, Proview International Holdings over the ownership of the iPad trademark.

The legal representative of Proview Technology Shenzhen, Xie Xianghui has said that a court in the southern province of Guangdong started mediating in the dispute. He did not announce more details and said that is now aware about how long the mediating will go on for.

Internet giant, Google has launches a new cloud based storage service called, the `Google Drive' that will offer both paid and free storage service to the internet users from around the world.

The new service will compete with Dropbox, Sugarsync and other cloud storage systems on the internet. When a user signs up for the service, it offers optional software that can be installed on a PC. Or Apple's Mac computers.

Global financial giant, Citibank has signed its biggest commercial office space deal in the country, under which it will pay Rs 950 crore to acquire about 3 lakh sq ft area spread across six floors in a building in the Bandra-Kurla Complex.

The Supreme Court of India has extended the validity of the 122 telecom licenses, which was earlier cancelled, till September 7 and has ordered the government to hold fresh auctions for the spectrum by the August.

A nuclear war been India and Pakistan, even if it is limited in nature, would result in major climate disruptions and ultimately, global famine, according to a new study.

Dr. Ira Helfand of the International Physicians for the Prevention of Nuclear War, who is the lead author of the study said that such an ocurance would release clouds of radiation that will contaminate farmland far from the location of the actual blast.

TK Kurien, the Chief Executive officer of India's third largest software services provider, Wipro, has said that the company is aiming to record a growth rate that is higher than industry average in the 2013 fiscal year.

The company has a respectable amount of projects in the pipeline and is also planning to announce a wage hike in 2013. It said that it expects revenue from IT services to be between US $ 1.52 and 1.55 billion in the first quarter.