Reliance Holdings USA Inc, which is the wholly owned subsidiary of RIL, has been able to raise $1 billion through an issue of bonds, a move that will encourage more Indian firms to follow the route to raise funds through global issue of bonds.

Reliance Industries said in a note that its subsidiary has raised $1 billion by selling 10-year dollar-denominated debt. The move is the largest overseas bond sale by an Indian company in nine months.

According to a new report, amazing might be planning to open its first ever store in the Seattle area, where the company is headquartered.

The report by Good Ereader cited sources closer to the matter and said that Amazon will open up a single store in the Seattle area. The company is planning to launch its store soon in order to tap in the holiday season, according to the report.

Researchers have found in an early study that fasting might be helping in making chemotherapy work better as it makes infection weaker.

The research has been conducted in mice and it is not known if it will have similar results in humans. It is also known if the approach will be safer for humans. According to researchers, the study offers a new approach to develop treatment for cancer.

San Francisco, Feb 10 : Apple will introduce its latest iPad 3 here next month, media reports said Thursday. The next generation iPad will have faster chips and better graphics, Xinhua reported quoting the technology news site AllThingsD.

It did not say when it will hit stores. The new tablet, which will probably be named iPad 3, will feature a Retina Display or something close to it. The iPhone 4 and iPhone 4S have Retina Display.

Ryan Villopoto has won the AMA Supercross race at Angel Stadium in Los Angeles on Sunday, scoring the second win for the racer from Poulsbo.

Villopoto took the lead in the race in the race and finished laps much ahead of James Stewart, who stood second and Chad Reed, who finished third.

Villopoto said, "The track was really slippery. I really couldn't make a mistake."

The US Department of Justice has filed a consent decree in the district court of Maryland for the Indian pharmaceutical major, Ranbaxy aiming to resolve the four-year long investigation by the US Food and Drug Administration (FDA).

The consent decree required the company to make fundamental changes to its plants in India and in the US for complying with the standards in the US. The US Justice Department filed the consent decree in court yesterday requiring the Indian firm to comply with US manufacturing standards and ensure integrity of data in its plants in India as well as the US.

The crackdown by the FBI of Megaupload for copyright infringement, which affected many users who were using the site for legitimate distribution of files, has sparked concerns across the world about reliability of similar cloud computing services.

Users are concerned over the crackdown as there site could be the next in line to be closed down by the authorities, which are actively checking violations online. Some of the leading service providers have tried to convince their users that their services are reliable will not be affected.

The shares of Indian pharmaceutical major, Ranbaxy fell about 7 per cent following the filing of a consent decree in a US court, which required the company to make fundamental changes to its plants in India and in the US.

The US Justice Department filed the consent decree in court yesterday requiring the Indian firm to comply with US manufacturing standards and ensure integrity of data in its plants in India as well as the US.

According to a couple of studies, taking Avastin before undergoing a breast cancer surgery could help reduce the risks to the patients significantly as it shrink tumors and reduce the chance of recurrence in patients.

Avastin is suited in women with less common but more aggressive forms of breast cancer, said the two studies published in the New England Journal of Medicine on Wednesday. The studies indicated that the medicine would be helpful for patients with earlier stages of breast cancer before undergoing surgery.

US’s first lady Michelle Obama and Agriculture Secretary Tom Vilsack have announced an overhaul to the country’s the school lunch program, following the 2010 Healthy, Hunger-Free Kids Act.

The overhaul, which will be the first major nutritional change in more than 15 years, would result in meals with less sodium, more whole grains and a wider selection of fruits and vegetables.

India software major, Infosys Ltd. Has said that it has been informed by the authorities in the US that some of the company employees are subjects of investigations into flaunting of US visa rules by the Indian firm.

Washington, Jan 26 : US drug regulators have sought a "groundbreaking" injunction against Ranbaxy Laboratories to force the Indian drug major to correct long-standing violations at four of its manufacturing facilities.

The court-sanctioned agreement affects three of Ranbaxy's factories in India and its wholly owned subsidiary Ohm Laboratories in Gloversville, New York. The Department of Justice filed the decree on behalf of the Food and Drug Administration.

San Francisco, Jan 26 : Apple overtook Google's Android to become the leading smartphone platform in the US in the fourth quarter of 2011, thanks to strong demand for its latest iPhone model, a study said Wednesday.

In October-December quarter last year, Apple's share of the US smartphone market doubled from a year earlier to 44.9 percent, while Android's share fell from 50 percent to 44.8 percent in the same period, according to market research firm Kantar Worldpanel.

In his State of the Union speech, US President Barack Obama called for higher taxes on millionaires and strict regulations for financial institutions.

Obama defended his three years in office in his annual speech to Congress. He said that the many of the problems are due to several banks and that Congress that is not connected with the issues. He is proposing a complete overhaul to the tax code and new steps to address the US housing crisis.

He called for a "return to American values of fair play and shared responsibility."

Simon Cowell has begun treatment to get rid of his addiction of smoking at an addiction clinic in after friends and family urged him to give up the dirty habbit.

The 52-year-old music mogul and X Factor boss smokes more than 15 cigarettes a day and has been smoking at age eight. According to a report in The People, he took the decision after Family and friends have begged him to stop smoking.

The price of gasoline is rising in the American market the cost of crude oil stayed above $100 per barrel for most of the month over tensions in the gulf region involving Iran, despite a low demand in the US.

The national average price of gasoline crossed on Friday, rising about $.17 from the previous month and about $.27cents more than the previous year, according to the data released by AAA and the Oil Price Information Service.

A man in Chicago is now recovering after an operation to remove a three-and-a-half inch nail from his head. The man spent an entire day with the nail, complaining only of severe headache and nausea.

32-year-old Dante Autullo fired the nail from a gun while he was working in his house. He believed that the nail had just missed his head and did not realize that it was in fact in hi brain.

Experts have found that computer games involving exercises, also called exergames among gamers, could help avoid dementia in regular players.

The new study found that the games that combine physical exercise with interactive video game features, help improving mental and physical powers of the payers. People get attracted to such games with features like three-dimensional scenery and competition are likely to play often.

Software giant, Microsoft’s Chief Operating Officer Steve Ballmer has released its new ‘picture unlock’ facility at the ongoing at the Consumer Electronics Show in Las Vegas.

The picture unlock’ facility will allow users to touch the right parts of a picture in order to unlock their smartphone and tablet devices without the use of traditional passwords. A user will be able to choose a photo and perform certain gestures in the right order of taps, lines, and circles in order to log in.

American auto maker, General Motors ahs released its new Cadillac ATS compact sports sedan in Detroit on Sunday.

The company claims that the company has a rear-wheel-drive chassis that is at least 100 pounds lighter than any of it rival models. The company had initiated a weight-reduction program for each section of the car to create a light weight vehicle.

According to GM North America President Mark Reuss, the new Cadillac ATS is not only comparable to models form Audi, BMW and Mercedes-Benz but is superior to them. The new model will come with three engine choices;