You are here:HomeLatest News

Latest News

  • AirAsia says India launch seen in fourth quarter, may order 50 more Airbus jets

    AirAsia says India launch seen in fourth quarter, may order 50 more Airbus jets

    Asia's largest budget carrier, AirAsia, may order an additional 50 Airbus A320 jets on top of its existing record order for 475 of the Airbus model, chief executive Tony Fernandes said on Friday.

  • SpiceJet net loss narrows to Rs 186 crore in Q4

    SpiceJet net loss narrows to Rs 186 crore in Q4

    Low-cost airline SpiceJet said on Friday that its net loss has narrowed to Rs 186 crore for the fourth quarter that ended on March 31, 2013, on the back of higher passenger traffic and fare hikes.

  • State Bank of India joins hands with Spanish bank

    State Bank of India joins hands with Spanish bank

    Indias largest lender State Bank of India (SBI) has that it has signed an agreement with Spain-based bank Banco Bilbao Vizcaya Argentaria, SA (BBVA), to support business operations of clients of both the banks.

  • HSBC chief urges acceleration of bank reform

    HSBC chief urges acceleration of bank reform

    HSBC chairman Douglas Flint called for an acceleration in the speed of reform within the industry as the bank was criticised by shareholders for compliance failings and accusations it aided tax avoidance.

  • AstraZeneca Pharma promoter to sell stake in Indian arm

    AstraZeneca Pharma promoter to sell stake in Indian arm

    AstraZeneca Pharma India said on Friday that its promoter AstraZeneca Pharmaceuticals AB Sweden plans to offload around 37 lakh shares through offer for sale route on May 28 to meet the Securities and Exchange Board of India (Sebi) norms on minimum public shareholding.

  • RIL-BP reports huge gas discovery in KG-D6 block

    RIL-BP reports huge gas discovery in KG-D6 block

    Reliance Industries (RIL) announced on Friday a huge natural gas discovery in the flagging eastern offshore KG-D6 block that will be key to arresting falling output.

  • Wall Street falls at open as Fed plans gauged

    Wall Street falls at open as Fed plans gauged

    US stocks fell at the open on Friday, putting Wall Street on track for its first weekly decline since the middle of April, amid concern the Federal Reserve may scale back its support to the economy.

  • Chidambaram wants Sebi to be 'fearless' regulator

    Chidambaram wants Sebi to be 'fearless' regulator

    Concerned over erosion of confidence among small investors, Finance Minister P Chidambaram asked market regulator Securities and Exchange Board of India (Sebi) on Friday to regulate the market fearlessly to protect their interests, and not to "bow" or "bend" before anyone.

  • Puravankara founder receives bids worth Rs 170 crore in share sale

    Puravankara founder receives bids worth Rs 170 crore in share sale

    The founder of real estate company Puravankara Projects Ltd got bids worth Rs 170 crore by selling shares to meet the Securities and Exchange Board of India (Sebi) requirement of having at least 25 per cent public shareholding.

  • Allegations of favouring Reliance Industries baseless: Oil Minister

    Allegations of favouring Reliance Industries baseless: Oil Minister

    Moily thrashed CPI MP Gurudas Dasgupta's allegations of favouring RIL as "totally false and baseless" and said the proposed increase in natural gas price was being done "strictly in line with the formula proposed by Prime Minister appointed panel headed by his economic adviser C Rangarajan."

  • Yamaha says India to be among its top five markets by 2016

    Yamaha says India to be among its top five markets by 2016

    Japanese two wheeler giant Yamaha today said it expects the Indian market to become one of its top five markets by 2016 as it plans to roll out "many products" in the volume-driven mass segment here.

  • Samsung launches its cheapest Galaxy phone at Rs 5,240

    Samsung launches its cheapest Galaxy phone at Rs 5,240

    Intensifying the price war in the fast-growing smartphone category in India, South Korean mobile handset maker Samsung Electronics launched its cheapest Galaxy series phone 'Star' on Friday priced at Rs 5,240.

  • Rupee ends lower, falling for third week

    Rupee ends lower, falling for third week

    The rupee weakened on Friday, falling 1.3 per cent for the week, extending its losing streak to a third successive week, hurt by concerns about a possible pullback in global fund flows and the country's external deficit.

  • Jet Airways Q4 net loss widens to Rs 496 crore

    Jet Airways Q4 net loss widens to Rs 496 crore

    Jet Airways, which recently agreed to sell a 24 per cent stake to Gulf carrier Etihad, reported a wider quarterly loss, hurt by higher costs.

  • Air India spent Rs 1,803 crore on pending staff salaries last year

    Air India spent Rs 1,803 crore on pending staff salaries last year

    Of the Rs 6,000 crore received in 2012-13, the airline spent Rs 1,803 crore on pending staff salaries, paid off Rs 1,253 crore as jet fuel dues to oil marketing companies and Rs 1,100 crore as loan and interest payments for aircraft acquired, official data showed.

  • IPL: India Cements shares crash 20% in six days

    IPL: India Cements shares crash 20% in six days

    India Cements shares have plunged nearly 20 per cent over the last six sessions amid the Indian Premier League (IPL) betting controversy. India Cements, the largest producer of cement in South India, had acquired the Chennai Super Kings franchise of the IPL for $91 million in 2008.

  • McNally bags Rs 277 crore construction order

    McNally bags Rs 277 crore construction order

    McNally Bharat Engineering said on Friday that it has received a construction order worth Rs 277 crore.

  • Becoming an NRI? A seven-point checklist

    Becoming an NRI? A seven-point checklist

    Banks call you "first time travellers" and open the NRI accounts based on the declaration that you are going to be away from Indian shores for the stipulated period.

  • Sensex ends 4-day losing streak; GDP, flows on watch

    Sensex ends 4-day losing streak; GDP, flows on watch

    The BSE Sensex snapped its four-day losing streak to edge higher on Friday, rebounding as Tata Steel surged after its March-quarter operating profit beat analyst estimates and as recently beaten-down blue-chips such as Larsen & Toubro recovered.

  • Stimulus issue not to impact capital flows into India: Montek

    Stimulus issue not to impact capital flows into India: Montek

    Bernanke's remarks about the possibility of scaling back of stimulus with improvement in economic conditions sent the global stock markets including that of India into tizzy. BSE sensex tumbled by 390 points to 19674.33 at the close of yesterday's trade.

Social Sharing

Advertisement

From Reuters

The many interpretations of Ben Bernanke

The many interpretations of Ben Bernanke The last thing experts want is for Bernanke to be believed when he promises to carry on with an unchanged policy.
Market Data provided by © Accord Fintech.
© Copyright NDTV Convergence Limited 2013. All rights reserved.