- Jan 30, 2015 16:38 IST
In the biggest ever disinvestment exercise, the government's 10% stake sale in Coal India on Friday got over subscribed by 1.05 times and fetched about Rs 22,600 crore although retail investors did not bid so aggressively.
- Jan 30, 2015 11:01 IST
Low cost carrier SpiceJet, which is going through an ownership change, plans to raise Rs 1,500 crore by way of issuing securities and allotting non-convertible preference shares to Marans, its promoters, who will be exiting the company.
- Jan 30, 2015 10:11 IST
The benchmark Sensex on Friday hit new high of 29,844.16 but succumbed to heavy profit-booking led by banking shares to fall by 498.82 points to 29,182.95, logging its worst drop in three weeks, even as the government's mega share sale in Coal India sailed through.
- Jan 30, 2015 10:19 IST
In a volatile trade, the rupee on Friday recovered towards the fag-end to end steady at 61.86 against the American currency at the Interbank Foreign Exchange due to mild selling of dollars by banks and exporters.
- Jan 30, 2015 07:21 IST
A map showing Arunachal Pradesh as part of India displayed at the New Delhi launch of Chinese company Xiaomi’s popular Mi4 mobile phone on Wednesday has triggered online uproar in China.
- Jan 29, 2015 23:01 IST
Companies are going back to drawing boards to review existing plans, scout for partnerships, and are readying specialist teams to pitch for increased business opportunities, following the slew of initiatives and breakthroughs in talks between the two countries during US President Barack Obama’s three-day visit.
- Jan 29, 2015 23:06 IST
Finance minister Arun Jaitley’s visit to Davos to attend the World Economic Forum (WEF) has been followed and tracked by investors and analysts across the world, while giving rise to speculations back home on expectations from the budget.
- Jan 30, 2015 01:14 IST
The world’s largest internet social network, Facebook’s, profit and revenue for the fourth quarter rose on mobile advertising growth.
- Jan 29, 2015 23:10 IST
In the biggest-ever share sale of a public sector unit (PSU), the government will offer Coal India Ltd (CIL) shares at a floor price of Rs. 358 a piece on Friday, even as trade unions warned of strike against the move.
- Jan 29, 2015 23:14 IST
If you are an Airtel customer residing in the Capital, chances are you will get to experience the company’s 4G services soon, and what’s more, you can do much more than just live streaming of videos.
- Jan 29, 2015 23:16 IST
After providing relief to Vodafone Group in its Rs. 3,200-crore tax dispute, the government is all set to provide similar relaxation to Anglo-Dutch multinational — Shell Plc.
- Jan 29, 2015 08:51 IST
For the seventh quarter in a row Facebook beat profit and revenue forecasts, continuing to win more mobile advertising revenue as most users shift to using the site on smartphones and other portable devices.
- Jan 29, 2015 13:00 IST
Finland's Nokia on Thursday reported stronger-than-expected quarterly profits for its core network equipment business on the back of network roll-outs for faster 4G mobile services in North America.
- Jan 29, 2015 10:08 IST
After a brief pause, stocks continued their upward march on Thursday with benchmark Sensex rising 122.59 points to new closing peak of 29,681.77 and Nifty index gaining 38.05 points to 8,952.35 on fag-end buying in select bluechips amid expiry of monthly equity derivatives.
- Jan 29, 2015 10:03 IST
The rupee fell by seven paise to 61.48 against the dollar in early trade on Thursday at the Interbank Foreign Exchange due to appreciation of the Greenback against other currencies overseas.