May 21, 2013 10:45 (IST)
The BSE Sensex traded flat amid choppy trade on Tuesday tracking weakness in Asian equities. Global markets are in a pause mode, waiting for the U.S. Fed to take a final call on ending its bond-buying stimulus scheme.
Washington | May 21, 2013 10:40 (IST)
Eesha Khare from Saratoga in California was awarded the Young Scientist Award by the Intel Foundation after developing the tiny device that fits inside mobile phone batteries that could allow them to charge within 20-30 seconds.
May 21, 2013 10:39 (IST)
The board of iGate Corp, an information technology outsourcing services provider, has sacked Chief Executive Officer Phaneesh Murthy following an investigation into a claim of sexual harassment, the company said in a statement.
May 21, 2013 09:46 (IST)
The rupee opened higher on Tuesday. The rupee-dollar pair traded at 54.97/98 versus its last close at 55.10/11.
May 21, 2013 09:35 (IST)
Gold drifted lower for an eighth session out of nine on Tuesday on outflows from exchange-traded funds and as the dollar firmed, putting more pressure on bullion which has already lost nearly a fifth of its value this year.
May 21, 2013 09:10 (IST)
Phaneesh Murthy has had his share of both fame and controversy in a long and often glittering career as a global IT executive. However, his sacking as the chief executive officer of California-based iGate Corp may bring to an end his ambition of taking on India's IT biggies such as Tata Consultancy Services and Infosys.
May 21, 2013 08:02 (IST)
Determining the adequate risk coverage and suitable insurance products is an important aspect of financial planning. The various complexities attached with existing life insurance policies in the market make choosing the right one difficult. Listed below are the most common pitfalls one needs to avoid while buying a life insurance policy.
New York | May 21, 2013 00:21 (IST)
Wall Street slipped by afternoon trade on Monday as indexes struggled to break above their record levels with investors hesitant to rush into the market.
Chennai | May 20, 2013 23:40 (IST)
Non-banking finance company Shriram City Union, part of the diversified Shriram Group, has reported a 33.1 per cent increase in its consolidated net profit at Rs 125.61 crore for the fourth quarter that ended on March 31, 2013.
New Delhi | May 20, 2013 23:27 (IST)
Paint maker Akzo Nobel India reported a 20 per cent decline in its net profit at Rs 62.50 crore for the quarter ended March 31, 2013.
New Delhi | May 20, 2013 23:23 (IST)
Tata group firm Voltas reported on Monday a whopping 91 per cent decline in its consolidated net profit at Rs 9 crore for the quarter ended March 31, 2013.
New Delhi | May 20, 2013 23:22 (IST)
Sangita Jindal, one of the promoters of JSW Energy, will sell 2.82 crore shares - worth over Rs 190 crore - through the offer for sale (OFS) route on May 22 (Wednesday).
May 20, 2013 22:21 (IST)
United Airlines is getting its 787s back in the air. The planes are flying again after being grounded for four months because of smouldering batteries on 787s owned by other airlines.
Kolkata | May 20, 2013 22:10 (IST)
Srei Infrastructure Finance Ltd reported on Monday an over five-fold jump in consolidated net profit at Rs 69.28 crore for its fourth quarter that ended on March 31, 2013.
Mumbai | May 20, 2013 21:58 (IST)
Leading bourses BSE and NSE identified on Monday stocks of some companies, including Birla Power Solutions, which will be shifted to the restricted trading category from May 24.
New Delhi | May 20, 2013 20:49 (IST)
London-listed Essar Energy Plc said has said that its Mauritius-based unit will buy 2.41 per cent stake in Essar Oil for over Rs 267 crore.
Mumbai/New Delhi | May 20, 2013 20:24 (IST)
Essar Oil Ltd will sign a $1 billion loan deal with China on Tuesday that sources with knowledge of the matter said would be backed by supply of refined products to top state oil producer PetroChina.
New Delhi | May 20, 2013 20:12 (IST)
Riding on dividend income paid by its subsidiaries, Coal India Ltd (CIL) on Monday reported nearly a 90 per cent jump in standalone net profit at Rs 2,320.61 crore for its fourth quarter that ended on March 31.
New Delhi | May 20, 2013 19:33 (IST)
Worried over India's widening current account deficit, the government indicated on Monday that it could take more steps to check gold imports.
Mumbai | May 20, 2013 19:11 (IST)
The rupee weakened to its lowest level in two-and-a-half months on Monday, weighed down by heavy demand for the greenback from gold and oil importers along with choppy domestic shares.