The benchmark BSE index Sensex Benchmark BSE Sensex surged 223 points in afternoon deals on Thursday on fresh buying by investors, tracking a firm trend in other Asian bourses. Short-covering of b...
Construction firm PSP Projects will make its stock market debut on Monday after successfully completing its initial public offering last week. The company’s IPO was oversubscribed 8.58 times, with...
OPEC and non-OPEC countries are meeting on May 25, in Vienna to attempt to raise oil prices and relieve the global oversupply of oil. Live updates as news unfolds.
Gold prices rose by Rs 42 to Rs 28,936 per 10 gram in futures trade today as speculators took fresh positions on positive cues from global markets. At the Multi Commodity Exchange, gold for delive...
The RBI on Wednesday said foreign buyers will not be able to buy any more shares in Fortis Healthcare and Claris Lifesciences as the prescribed limit has been reached. The foreign institutional in...
Shares of GVK Power & Infrastructure fell as much as 9 per cent to Rs 5, their lowest since June 10, 2016. The company's March quarter loss widened, hurt by an 87 per cent jump in expenses. GV...
The benchmark BSE index Sensex Benchmark BSE Sensex surged 201.75 points in morning deals on Thursday on fresh buying by investors, tracking a firm trend in other Asian bourses. Short-covering of ...
China stocks rose sharply on Thursday morning, as investors dump small-caps but swarmed into blue-chips, amid rising hopes that global index provider MSCI Inc will agree next month to add mainland sh
Crude oil rose 0.66 per cent to Rs 3,351 per barrel in futures market today as speculators widened their bets, taking positive cues from the Asian markets. At the Multi Commodity Exchange, crude o...
Shares of Dish TV India Ltd breached their lower circuit to hit a low of Rs 81.30 on the BSE. At about 10.30 am, the stock was quoting at Rs 82.20, down Rs 9.65 or 10.51 per cent. DishTV report...
Shares of Lupin fell as much as 7.7 per cent to its lowest since August 8, 2014. At about 10.20 am, the stock was down 5.75 per cent or Rs 70.65 at Rs 1,157 on the BSE. The pharma company poste...
Strengthening for the second day today, the rupee climbed 25 paise to 64.48 against the dollar on increased selling of the American currency by exporters and banks amid higher opening in the domestic
Benchmark BSE Sensex rebounded about 123 points in early trade today on fresh buying by investors, tracking a firm trend in other Asian bourses. Short-covering of bets, today being the last sessio...
Gold held steady on Thursday to keep most of its gains from the previous session, with the dollar slipping after minutes of the US Federal Reserve's last policy meeting downplayed the chance of more
Asian shares scaled two-year highs on Thursday while the dollar and U.S. bond yields slipped after the U.S. Federal Reserve signalled a cautious approach to future rate hikes and the reduction of its
Wall Street rose, while the U.S. dollar and bond yields fell on Wednesday after Federal Reserve meeting minutes signaled a gradual approach to interest rate hikes, and oil prices dipped on a draw of
The Dow Jones Industrial Average rose 74.51 points, or 0.36 percent, to 21,012.42, the SP 500 gained 5.97 points, or 0.25 percent, to 2,404.39 and the Nasdaq Composite added 24.31 points, or 0.4 per
China’s Geely, which owns the London Taxi Company and Sweden’s Volvo Car Group, is buying a 49.9 per cent stake in Proton, the company that owns Lotus.
Wood Group’s swoop for Amec Foster Wheeler could be under threat after it was revealed it had ties to an engineering and construction group suspected of fraud, bribery and money-laundering.
The shock performance of the High Street giant was coupled with a 2.8 per cent decline in its crucial clothing and home departments in the year to April 1.
A fall in the number of couples who get married has dented the popularity of engagement rings. And there is also a move away from the top brands charging thousands of pounds.
It added £270.3m to its value after the US President’s budget suggested increasing total defence costs to £465.6bn, which is around 10 per cent higher than current budget caps.
His private firm Ineos is buying Dong Energy’s oil and gas business, giving it access to a further potential 570m barrels of gas and oil reserves across ten fields.
The electrical goods giant already offers the ability to fix a phone in some shops, but wants a bigger bite of the market. Offering repairs is part of Dixons Carphone’s attempt to set itself apart f
IAG's Willie Walsh said Heathrow’s third landing strip was over-complicated and would mean extra costs, saying it should be shorter, to make sure it doesn’t breach the motorway.
The luxury car maker saw revenues more than double in its first quarter, from £92.6m to £188.3m. Profits reached £5.9m, reversing last year’s losses of £29.7m.
The domestic broking sector had significantly reduced its personnel after the global financial crisis hit in 2008. It has resumed hiring since 2015 to cater to a surge in clients, especially of high n
Shares of Anil Ambani group companies tanked between five and eight per cent on Wednesday. The sell-off was on concerns of whether the group would be able to repay the high debt it owes to banks. The
Output of natural rubber (NR) in the country last month, the first of the current financial year, showed a rise of 23.1 per cent from the same period a year before, at 48,000 tonnes from the earlier 3
A jump in investment banking profits had a positive impact on capital ratio figures for the largest U.S. banks in Q1 – helping them increase their capital buffers above the fully phased-in levels they
Wynn Palace was opened in the aftermath of casino industry trouble in Macau, which started in late 2014. Since the opening of Wynn Palace, Wynn’s overall revenues and profits have grown momentously, a
Improving market conditions in Europe, coupled with ongoing efforts by the largest European banks to streamline their business models, have helped these banks consolidate their core common equity tier
While BlackBerry sees QNX as a long-term growth driver, with opportunities in areas such as the Internet of Things, the bread-and-butter infotainment business could face some significant risks. In thi
In this note we take a look at some of the key performance metrics for both Facebook and Snap, and discuss whether Snap will be able to truly challenge Facebook in the market.