May 22, 2013 09:30 (IST)
Shares in Tech Mahindra rose as much as 6.8 per cent on Wednesday after its January-March quarter net profit rose 24 per cent, beating estimates.
New York | May 22, 2013 01:43 (IST)
Wall Street rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as comments from Federal Reserve officials eased some concerns that the central bank could start reducing its stimulus program.
New Delhi | May 21, 2013 23:01 (IST)
IT firm Oracle Financial Services Software on Tuesday announced the floor price for sale of over 44 lakh shares worth about Rs 1,009 crore to meet minimum shareholding norms as mandated by market regulator Securities and Exchange Board of India (Sebi).
New York | May 21, 2013 22:37 (IST)
India-born former Goldman Sachs director Rajat Gupta will seek overturning of his insider-trading conviction in a US court on Tuesday by arguing that the case rested exclusively on circumstantial evidence that relied on wiretap statements that did not involve him.
New York | May 21, 2013 21:18 (IST)
Wall Street was little changed in early trading on Tuesday with Home Depot at a record high and buoying the blue-chips while investors eyed congressional testimony from Fed chairman Ben Bernanke on Wednesday.
Mumbai | May 21, 2013 19:12 (IST)
Local search engine Just Dial's initial public offer, the biggest issue so far this year, was subscribed 70 per cent on the second day of issue on Tuesday.
New Delhi | May 21, 2013 17:30 (IST)
Realty firm Omaxe Ltd's offer to sell 50 lakh equity shares worth about Rs 74 crore to promoters was under-subscribed as it received bids for only 67.97 per cent of the shares.
May 21, 2013 17:00 (IST)
At 1115 GMT, the rupee was at 55.37/38 versus its Monday close of 55.10/11. It fell to 55.41 during the session, a level last seen on November 29, 2012.
May 21, 2013 15:41 (IST)
The BSE Sensex fell for a second consecutive session on Tuesday to its lowest close in a week as recent outperforming blue chips such as ITC fell ahead of Federal Reserve events that could provide cues on the future of the U.S. stimulus programme.
Hong Kong | May 21, 2013 14:04 (IST)
The annual survey by industry tracker AsiaHedge, released this week, found that Goldman Sachs remains Asia's top prime broker with 179 clients and total assets under management of $24.6 billion.
Mumbai | May 21, 2013 12:23 (IST)
The rupee opened higher at 54.97 per dollar as against the previous closing level of 55.11 at the Interbank Foreign Exchange (Forex) market.
May 21, 2013 12:06 (IST)
Tata Motors' Jaguar Land Rover basket top end of Range Rover falls in this bracket.
May 21, 2013 11:46 (IST)
Shares in Coal India surged as much as 2.6 per cent on Tuesday after the state-run miner recommended higher than expected dividend for the 2012-13 fiscal year. Coal India recommended final dividend of Rs 4.30 per share against Rs 0.50 per share dividend announced in 2011-12.
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.
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.
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).
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.
May 20, 2013 15:53 (IST)
The BSE Sensex snapped a four-day winning streak on Monday, retreating from 2-1/2-year highs as investors booked profits on rate-sensitive stocks such as ICICI Bank, while drugmakers fell were hit by worries about the country's new drug pricing policy.
May 20, 2013 15:38 (IST)
Traders, however, expect the pair to face a stiff resistance around 55.15 levels, holding it in a broad range of 54.50 to 55.15 band in the near-term.
May 20, 2013 15:15 (IST)
Tata Teleservices (Maharashtra) Ltd (TTML) today said its promoters Tata Sons will divest 2.72 per cent stake in the company through offer for sale on May 17 to meet the minimum public shareholding norms.