MARKETING

Sales of luxury products in India are expected to rise almost 20 percent every year until 2015, according to a new report by the Confederation of Indian Industry and A.T. Kearney Ltd.

CEO Andrew Mason is expected to make millions on the initial public offering of Groupon.

Daily deals company Groupon, Inc. is expected to start trading on Nasdaq Nov.4 after it raised $700 million from its initial public offering, thereby becoming the largest IPO by an Internet company since Google Inc. (NASDAQ:GOOG) raised $1.7 billion in 2004.

Daily deals website Groupon announced late Thursday its initial public offering of 35 million Class A shares Thursday at the price of $20 per share, giving the company a market value of $12.7 billion. The company also granted the underwriters a 30-day option to purchase up to an additional 5.2 million shares of the Class A stock to cover over-allotments.

Groupon Inc is set to raise $700 million in its initial public offering after the largest daily deals company increased the price and size of the deal on strong demand.

This year's American Film Market kicks off in Santa Monica Wednesday with 10 percent more buyers than last year and 415 films up for grabs.

Business software maker Oracle (NASDAQ: ORCL) may be setting its sights on Salesforce.com (NYSE: CRM) but the deal may not be an imminent one, according to an analyst at Global Equities Research.

A look at the unsecured debts left behind in the wake of MF Global's bankruptcy show a surprising number of trade credit was owed to media companies.

Black Friday will be starting earlier this year. Both Macy's and Target have announced that their doors will open at midnight after Thanksgiving. When the clock strikes 12:00 a.m. on Friday Nov. 25, the Black Friday midnight madness will begin.

A slide in iron ore prices has driven miners to alter costly quarterly contracts to please Chinese clients, but spot pricing, which magnifies the impact of price swings, is still distant.

Chinese internet portal Sohu.com Inc's third-quarter profit rose 19 percent, helped mainly by higher revenue from its online advertising and online gaming businesses

WPP Llc , the world's largest advertising company, sees China overtaking Britain as its second biggest market in two to four years, its chief executive said on Sunday.

'Google Offers' partners with 14 other daily deal Web sites and picks up service in four new cities as it battles with Groupon.

CBRE Group Inc., the world's largest real estate brokerage and services company, reported third quarter revenue to $1.5 billion, up 21% from $1.3 billion in 2010.

Chevron Corp said its quarterly earnings more than doubled, beating Wall Street forecasts, as the second-largest U.S. oil company benefited from high oil prices and strong refinery margins.

Google Inc unveiled big changes to its fledgling daily deals business on Thursday, as rival Groupon Inc pitches its IPO to potential investors.

Regulators are formally investigating whether Avon broke bribery laws overseas, and the cosmetics company said it was again reassessing its strategy after quarterly profit fell far short of expectations.

As Groupon pitches its initial public offering plans to investors, analysts continue to give tepid views on the stock's prospects.

U.S. shoppers who bought jeans, T-shirts and socks lately have had to shell out more cash. They'd better get used to it.

Tata Group has not renewed a five-year agreement with Australia's largest retailer Woolworths for retailing consumer electronics in India, the Economic Times reported on Monday, quoting unnamed persons close to the development.

So the Groupon IPO is apparently going to finally happen -- and likely within the next couple of weeks. The once-high-flying daily deal Web social company is getting there with a bit of a limp.