Markets News

  • Mon, Nov 23

    U.S. stocks rose on Monday, with the S&P on track to break a three-day sell-off, after data showed existing home sales rose to their highest level in 2-1/2 years and investors were reassured by a Fed official's comments.

  • Hindalco says begins share sale Reuters - Mon, Nov 23

    Aluminium maker Hindalco Industries Ltd said it had shareholder approval to sell up to 29 billion rupees ($625 million) worth of shares and it was opening a share sale on Monday at 130.90 rupees each.

  • Axis Bank Executive Director Srinivasan Varadarajan speaks during the Reuters India Investment Summit in Mumbai November 23, 2009. REUTERS/Stringer
    Axis Bank to keep corporate focus Reuters - Mon, Nov 23

    Private-sector lender Axis Bank will stay focused on its mainstay corporate advances, and not accelerate retail lending as analysts had expected it to do given signs of improving economic activity.

  • Fitch: No immediate impact on RIL from LyondellBasell offer Reuters - Mon, Nov 23

    (The following statement was released by the rating agency)
    Fitch Ratings has today said that there is no immediate impact on Reliance Industries Limited's (RIL, 'BBB-'/Stable, 'AAA(ind)'/Stable) ratings following the company's announcement that it has made a preliminary non-binding cash offer to acquire a controlling interest in LyondellBasell Industries upon the latter

  • A woman looks at a gold necklace at a jewellery shop in Agartala in this January 9, 2008 file photo. REUTERS/Jayanta Dey/Files
    India gold seen at new records on dollar, crude Reuters - Mon, Nov 23

    India gold futures may strike fresh records this week on the back of a weak dollar and rising crude prices, analysts said.

  • Axis Bank to stay focused on corp loans Reuters - Mon, Nov 23

    Private-sector lender Axis Bank plans to keep its focus on corporate lending, with retail loans to stay a small part of its loan book, a senior official told on Monday.

  • An employee of Nokia Siemens Networks enters the office in Dubai in this June 2007 file photo. REUTERS/Ahmed Jadallah
    BRIEF - Nokia Siemens says lost auction for Nortel assets Reuters - Mon, Nov 23

    Nokia Siemens Networks said on Monday:
    * it, together with its financial partner, did not submit the highest bid for nortel ops at auction

  • MFs on exchanges to boost sales, lower investor costs HT - Mon, Nov 16

    You will now have the option of buying and selling mutual funds (MFs) through brokers at stock exchanges. The fee you could be in the region of 0.25 to 0.5 per cent of the amount invested.

  • Potato, onion push up food inflation to 13.68 per cent HT - Fri, Nov 13

    The country is reeling under the impact of steep 13. 68 per cent rise in a number of food items pummelled by a supply crunch in staple potatoes.

  • Sensex tracks world markets, gains 2.5% HT - Thu, Nov 12

    The Bombay Stock Exchange?s benchmark Sensex continued to regain lost ground on Wednesday, rising by 409 points or 2.5 per cent to close at 16,849.6.

  • Really? One index puts India ahead of China in prosperity HT - Sat, Oct 31

    This may come as a surprise, but India is miles ahead of its massive neighbour China in, of all the things, prosperity!

  • Coal India share sale jumps a SEBI hurdle HT - Fri, Oct 30

    The proposed public issue of Coal India Limited (CIL) has reached the regulatory corridors, with the Securities and Exchange Board of India (SEBI) suggesting that the allotment of shares and stock options to employees of CIL can be done prior to the proposed public issue.

  • RIL tanks 4% on oil well abandonment news by UK partner HT - Sat, Oct 24

    The UK-based Hardy Oil and Gas Plc ? the 10 per cent joint venture partner of Reliance Industries Ltd (RIL) in the D9 exploration block in the Krishna Godavari basin ?on Friday informed the London Stock Exchange (LSE) that the first exploration well in the block will have to be abandoned after encountering ?poor reservoir sands?.

  • Beware Superstar CEOs
    Beware Superstar CEOs Forbes - Wed, Oct 21

    The high-profile outside hire plays well in the media and gives shares a boost, but the effect is fleeting.

  • Sensex gains 1.2%, hits 17-month high HT - Fri, Oct 16

    The Indian equity markets followed the global escalation, with the benchmark Bombay Stock Exchange Sensex rising 204 points or 1.2 per cent to close at a new 17-month high of 17,231.

  • Sensex mirrors IIP data, rises 384 pts HT - Tue, Oct 13

    Double-digit growth in index of industrial production (IIP) after 22 months brought cheer to the market as the Sensex at Bombay Stock Exchange (BSE) rose by 2.3 per cent to close at 17,026.

  • Too high, too soon: market players are concerned HT - Thu, Oct 1

    New Delhi, Sept. 30 -- Market players seem unanimous on the fact that Sensex at 17,000 has crossed its fundamentals and suggest that a correction lies ahead.

  • Same reasons, same drivers, same levels. So what's new? HT - Thu, Oct 1

    New Delhi, Sept. 30 -- The two rallies when the BSE Sensex rose from 8,000 to 17,000 have three common elements - both occurred in the month of September, were set afire by liquidity and were driven by real estate firms.

  • Google goes on trial in France for digitising books IANS - Thu, Sep 24

    Paris, Sep 24 (DPA) Internet search engine giant Google went on trial in Paris Thursday on charges of copyright infringement and forgery in its attempt to digitise millions of the world's books without prior authorisation.

  • Realty stocks bounce back on FII power HT - Thu, Sep 24

    New Delhi, Sept. 23 -- Boosted by the confidence shown by foreign institutional investors (FIIs), the once beaten-down real estate sector has witnessed a resurgence at the stock market even as concerns on their ability to deliver and the quality of their books of accounts linger in the air.


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