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Sun,19 May 2013
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Stock markets may see consolidation; SBI results soon
Stock markets may witness some consolidation this week after key indices closed at fresh multi-year highs and corporate earnings from SBI, Tata Steel and Larsen & Toubro will decide the course, experts said.
Panel probing Walmart’s lobbying charge submits report
A government-appointed committee that was looking into allegations of US retail major Walmart’s lobbying activities to enter the Indian market has submitted its report to corporate affairs minister Sachin Pilot on Saturday.
Overseas business margins under pressure: SBI
Public sector lender State Bank of India chairman Pratip Chaudhuri today said the lender's margins in overseas business were under pressure. However, NPA levels of the bank in the fourth quarter last fiscal remained low compared to third quarter.
Tata Motors raises 350 mn Singapore dollars via securities
Tata Motors today said it has raised 350 million Singapore dollars (about
1,525 crore) through issue of securities in Singapore, mainly for redemption of preference shares.
Markets welcome Pandit’s bank foray
The return of Vikram Pandit to India amid an expected flurry of new licences in the banking sector got a welcome salutetoday, as shares of his partner Nimesh Kampani’s JM Financial surged by 13%.
Can’t stay invested? Lock in your money
Safe strategy: Put in funds to reap long-term gains but don’t forget to stash away enough cash to meet short and medium term needs.
Lisa Pallavi Barbora
Yahoo! talking deal, alliance with Tumblr: report
Yahoo! has begun talks with the popular blogging platform Tumblr about an acquisition or strategic alliance, the technology website AllThingsD reported today.
AI wants compensation for 787s not delivering 20% fuel savings
Air India has sought compensation from Boeing for Dreamliners not meeting the 20% fuel efficiency claims as the airline could achieve only a tad over 17% fuel economy by its six 787s, a source said.
Sensex advances for 4th day; up 39 points on higher inflows
Extending gains for the fourth day in a row, the BSE benchmark Sensex on Friday rose by 39 points, mainly on buying in power, capital goods and realty sector stocks amid increased foreign inflows.
Rupee down 21 paise against dollar in early trade
The rupee today lost 21 paise to 54.98 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency against euro overseas.
Standard & Poor's maintains negative outlook on India
Global ratings agency Standard & Poor's (S&P) on Friday said its outlook on India remained negative and there is a one-in-three chance of a downgrade within the next 12 months.
Gold futures extend losses on global cues, subdued demand
Gold futures prices today fell by 0.31% to
26,050 per 10 grams as participants indulged in reducing exposures, largely in tandem with a global trend where the metal dipped to one-month low.
Tata Steel may put some European assets on the block
A $1.6-billion writedown of its goodwill and assets in its European operations last Monday has triggered fresh speculation that Tata Steel is poised to divest more assets and factories in Europe.
The sell-off chorus gets louder
Wal-Mart's 1Q profit, sales disappoint
It was a tough quarter for Wal-Mart Stores Inc. The world's largest retailer reported today that its first-quarter profit edged up slightly, but the company struggled with a sales slump in its namesake business.
Mauritius says tax info exchange pact with India ready
Mauritius today said that a new Tax Information Exchange Agreement (TIEA) with India has been negotiated and is ready to be signed, which would help the two countries exchange information on tax matters of the entities doing business in the two countries
Kim Kardashian expecting a baby girl?
Panchayat teaches ‘greedy’ groom a pricey lesson in MP
'Bea Arthur Naked' sold for $1.9 mn!
Indian tech tycoon Vivek Ranadive buys NBA team Sacramento Kings
Indians more willing to share personal info than others: study
Ankit Chavan 'breaks down, confesses to spot-fixing'
PSEB Class-12 result today
Sarit Ray's review: Aurangzeb
Early review: Aurangzeb is Arjun Kapoor's show
Spot-fixing: Sree 420 shames Indian cricket
When Led Zep Reunited
100 years of Indian cinema
Will punish players if found guilty, have no control over bookies: BCCI
MP: youth molests girl, accused’s father sets her ablaze
Two-finger test violates rape victim's right to privacy: SC
Prof collecting alms for poor in train held for begging
2007 serial blast accused dies in police custody
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