November 25, 2014 21:16 (IST)
Tata Coffee, Asia's largest coffee plantation company, on Tuesday said its board has approved a proposal to split its equity shares from the existing face value of Rs 10 per share to Rs 1 per share.
November 25, 2014 19:50 (IST)
US stocks edged lower on Tuesday, with major indices retreating slightly from record levels after a reading of consumer confidence unexpectedly fell to its weakest level since June.
November 25, 2014 17:23 (IST)
The rupee gained on Tuesday after a volatile trading session as dollar selling by custodian banks and a large corporate helped offset importer demand for the greenback.
November 25, 2014 16:23 (IST)
The Nifty fell on Tuesday, retreating from a record high hit earlier in the session as financial firms slumped on worries Parliament would delay an Insurance Bill, while new rules for offshore derivatives raised worries over foreign flows.
November 25, 2014 15:48 (IST)
According to the advisory firm, PE deal values and volumes in October surpassed levels seen during the same month of the earlier years and was also among the highest in a month this year.
November 25, 2014 15:38 (IST)
In a rights issue, shares are issued to existing investors as per their holding at pre-determined price and ratio.
November 25, 2014 15:32 (IST)
Silver, however, maintained its upward march for the fourth straight day and gained another Rs 375 to trade at Rs 37,025 per kg on increased offtake by industrial units and coin makers.
November 25, 2014 15:14 (IST)
The move by the Securities and Exchange Board of India (Sebi) to align rules for offshore derivative instruments (ODIs) with new foreign investment norms raises worries about flows.
November 25, 2014 14:56 (IST)
Shares of tobacco companies fell sharply on Tuesday after the government accepted the recommendations of an expert panel, which has proposed banning the sale of loose cigarettes among other tough measures. These recommendations will now be put before the Cabinet and will also require a Parliament nod before they are implemented.
November 25, 2014 14:45 (IST)
BSE Sensex and Nifty fell sharply today amid profit-taking after strong gains in the previous two sessions. Broad-based selling pressure was seen with midcap and smallcap stocks bearing the brunt of losses.
November 25, 2014 13:01 (IST)
Asian shares gave back some of this week's China-inspired gains on Tuesday, while oil prices slipped as traders lowered their expectations of a significant output cut at this week's OPEC meeting.
November 25, 2014 11:08 (IST)
The lender's outstanding futures position increased by 47.5 per cent since October expiry, according to the NSE data.
November 25, 2014 10:50 (IST)
Power Grid shares have come under pressure since the Reserve Bank issued a notification on Friday saying the foreign shareholding through FIIs has reached the trigger limit and further purchases of equity shares in the company (by foreign investors) would be allowed only after obtaining prior approval.
November 25, 2014 10:42 (IST)
Steel manufacturer Jindal Steel & Power (JSPL) fell over 4 per cent after it shelved a $10 billion coal-to-diesel project in Odisha. Jindal Steel's 1.5 billion tonne coalfield in Odisha was among 214 cancelled by the Supreme Court in September.
November 25, 2014 10:05 (IST)
Citigroup upgraded stock to "buy" from "sell" and raised its target to Rs 335 from Rs 176.
November 25, 2014 09:40 (IST)
BSE Sensex and NSE Nifty were flat today in early trade on some profit-taking after strong gains in the previous two sessions.
November 25, 2014 09:35 (IST)
Bharti Airtel shares rose nearly 2 per cent on Tuesday after the mobile carrier announced that is selling over 4,800 phone towers in Nigeria to American Tower Corp for $1.05 billion. Nigeria is Bharti Airtel's biggest market in Africa.
November 25, 2014 08:32 (IST)
However, the total size of the Qualified Institutional Placement could not be ascertained and queries made to the company remained unanswered.
November 25, 2014 08:22 (IST)
US-listed India ETFs have added about $2 billion in net new assets so far this year, outshining other emerging market funds. That brings the total assets of the 10 India ETFs tracked by Morningstar to $6.3 billion, up roughly 47 per cent since January.
November 25, 2014 08:13 (IST)
Indian markets have been touching new highs as the global rally is fuelling stock prices. The Nifty seems to have achieved its medium term target of 8,500 and is now looking overstretched in the short term. Expect volatility to rise as the VIX index is trading around 13, indicating an imminent correction.