Sreeja VN

A strong earthquake with a magnitude of 7.7 hit the Sea of Okhotsk, off Russia's eastern Pacific coast early Tuesday, but no casualties were reported, the U.S. Geological Survey said.

The top after-market Nasdaq gainers Monday were Array BioPharma Inc, Momenta Pharmaceuticals Inc, Aixtron SE, HMS Holdings Corp and Monster Beverage Corporation. The top after-market Nasdaq losers were Envivio, Groupon Inc, Coinstar Inc, Myrexis Inc and Boingo Wireless.

The U.S. won a total of 104 medals -- the most of any country at the London Summer Olympics -- including 46 gold, 29 silver and 29 bronze. China was second, with 88 medals, while Great Britain was third, with 65. The games ended Sunday.

India's struggling private air carrier Kingfisher Airlines Saturday reported a 147 percent increase in its loss to 6.51 billion rupees for the quarter ending June 30, compared with a loss of 2.64 billion in the same period a year ago.

The Indian government's proposed plan to provide free mobile phones to every family below the poverty line may not take off as the Finance Ministry and the opposition parties objected to the move.

Japanese car maker Honda's Indian subsidiary Friday ended a 16-year old partnership with Usha International Ltd (UIL) by buying the 3.16 percent shares held by the latter in Honda Siel Cars India Ltd.

The top after-market Nasdaq gainers Friday were JDS Uniphase Corporation, MannKind Corporation, Iridium Communications Inc and Apollo Investment Corporation. The top after-market Nasdaq losers were Novavax Inc, Infinera Corporation, InterDigital Inc and IAC/InterActiveCorp.

India celebrated "Janmashtami" on Friday marking the birth of Hindu god "Krishna" with fervor and joy across the country. Tiny tots dressed up as little Krishna and Radha, his consort, in colorful clothes and elaborate jewelry, participated with enthusiasm, adding color to the celebrations.

Usain Bolt, the legendary Jamaican, proved beyond doubt that he is the greatest sprinter by winning the second successive 100 and 200 meters sprint doubles in Olympics history.

Another employee of Infosys, India's leading IT player, has filed a lawsuit against the company, alleging harassment for his role in bringing to light the visa and fraud issue.

Moody's analytics cut India's growth forecast to 5.5 percent for this year, citing the policy inaction from the government and the Reserve Bank of India's decision to keep key rates unchanged, despite an economic slowdown.

India's industrial output growth fell in June to 1.8 percent against the analysts' expectation of a 1 percent growth, as compared to the same period a year ago.

The top after-market Nasdaq gainers Wednesday were Complete Genomics Inc, Allscripts Healthcare Solutions Inc, Silicon Graphics International Corp, Salix Pharmaceuticals Ltd and Photronics Inc.The top after-market Nasdaq losers were Boingo Wireless Inc, SunPower Corporation, Monster Beverage Corporation, Career Education Corporation and Alaska Communications Systems Group, Inc.

In a move that can be apparently dubbed as a political soap to boost the sliding popularity of his Congress party in the 2014 general elections, Indian Prime Minister Manmohan Singh is expected to launch a scheme to provide free mobile connection to six million poor families in the country.

The top after-market Nasdaq gainers Tuesday were Vitesse Semiconductor Corporation, CSG Systems International Inc, Express Scripts Holding Company, Interval Leisure Group Inc and Ctrip.com International Ltd.The top after-market Nasdaq losers were priceline.com Incorporated, Santarus Inc, Zillow Inc, XOMA Corporation and Horizon Technology Finance Corporation.

India's new finance minister P Chidambaram has said that his topmost priority is to regain the investors' confidence.

Cognizant Technologies Solutions Monday raced ahead of India's IT bellwether Infosys as the second largest IT company. New Jersey-based Cognizant beat Infosys in terms of the quarterly revenues in the first quarter of the financial year 2012-13.

Fresh violence rocked the Kokrajhar region of the North-East Indian state of Assam Monday night as armed men killed three and injured two others in the second similar act in two days. Armed gunmen stormed the Chirang and Kokrajhar districts and opened fire, killing the three victims.

Condemning the Wisconsin Sikh Temple shooting, in which a gunman killed six and critically injured another three on Sunday, hundreds of Sikhs protested in India on Monday.

The FBI, probing the Wisconsin Sikh Temple shooting, in which a gunman killed six and critically injured three others on Sunday, hinted that it could be an act of domestic terrorism. Meanwhile, the Sikh community in the U.S calls it a crime of "hate and ignorance."

The Government of India has given clearance to Air India to take the delivery of Boeing's 787 Dreamliner planes after both sides reached a consensus on compensation to be paid by the aircraft manufacturer for the delay in delivery.

Michael Phelps, the legendary American swimmer on Saturday bade goodbye to competitive swimming by extending his world record as the U.S. team won gold in the 4x100 medley relay. Earlier, Phelps announced that he will quit professional swimming career after the London Olympics.

Wildfires spurred by strong southerly winds destroyed homes and forced highway shut downs Friday in the drought-hit rural woodlands of Oklahoma, Reuters reported.

The top after-market Nasdaq gainers Friday were Homeowners Choice Inc, Mercury Computer Systems, Career Education Corporation and Atmel Corporation.The top after-market Nasdaq losers were Approach Resources Inc, Rovi Corporation, FEI Company and comScore Inc.

The Indian woman who hogged international fame after she gate-crashed India's parade at the London Olympic's opening ceremony embarrassing the organizers and her country apologized on Friday for her action.

India's service sector continued its growth for the ninth consecutive month in July, based on a slow but steady growth in new orders, according to the latest HSBC PMI data released Friday.

The top after-market Nasdaq gainers Thursday were Blue Nile Inc, OpenTable Inc, MercadoLibre Inc, Skullcandy Inc and Sequenom Inc.The top after-market Nasdaq losers were Body Central Corp, Zipcar Inc, Exide Technologies Inc, Tractor Supply Company and comScore.

After the disgraceful episode of "throwing the match" and the subsequent ouster of eight badminton players from China, South Korea and Indonesia from the London Olympics, it was "apology time" Thursday for those involved. Chinese top seeded player Yu Yang has tweeted her decision to quit badminton following the incident and blamed the WBF for shattering her dreams.

The top after-market Nasdaq gainers Wednesday were First Solar Inc, Cavium Inc, Green Mountain Coffee Roasters Inc, SunPower Corporation and United Online Inc. The top after-market Nasdaq losers were Halozyme Therapeutics Inc, Zumiez Inc, Solta Medical Inc, LivePerson Inc and Synchronoss Technologies Inc.