Gulf region developing into one major hub; firm says it wants wide global customer base. Larsen & Toubro (L&T), India’s largest engineering, construction and technology company, is aggressively expanding its footprint across various places abroad, as part of a vision to b…

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Europe’s spreading debt crisis-combined with an overdue stock pullback and the prospect of the Federal Reserve withdrawing its economic support-added up to one thing Tuesday: Fear. As the Dow Jones industrial average tumbled more than 200 points and safe-haven moves for US Treasury…

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Tim Paradis, AP Business Writer, On Tuesday May 4, 2010, 4:34 pm NEW YORK (AP) — Stocks plunged around the world Tuesday as fears spread that Europe’s attempt to contain Greece’s debt crisis would fail. The euro fell to its lowest point against the dollar in a year. T…

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Some respite could be in store for sugar companies as per the latest development.. The government will consider reinstating the tax (Import Duty) after assessing cane production, said Pawar …

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The move is being seen as an attempt to silence Irda’s critics, including the Securities and Exchange Board of India which has termed unit-linked insurance plans (Ulips) as investment schemes, since in some products the risk cover is limited to 2 per cent of the premium. For sta…

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MUMBAI: US-based stock exchange NYSE today announced selling its five per cent stake in India’s top bourse NSE to Singapore government’s investment arm Temasek. The deal marks exit of New York Stock Exchange from National Stock Exchange and Temasek’s entry as shareholde…

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Idea Cellular HDFC Abhishek Industries Edserv Softsystems Carborundum Universal Century Enka Century Textiles PNB Gilts Kansai Nerolac Paints Maharashtra Seamless Mirc Electronics Patel Integrated Logistics Ankur Drugs Coromandel Engi United bank of India JSW Steel …

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The initial public offerings of Jaypee Infratech and state-run power producer Satluj Jal Vidyut Nigam (SJVN) remained undersubscribed on Day 2. They have been subscribed 87% and 86% so far, as per the data available on the Nseindia.com Jaypee Infratech’s IPO, which closes on May 4…

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Disappointment over two economic reports and worries about a criminal investigation of Goldman Sachs sent stocks falling sharply. Investors lost some of their optimism about the economy Friday after the government’s weaker-than-expected gross domestic product report and news of a d…

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ABB RELIANCE CAPITAL India Cements Tech Mahindra Bharat Electronics Titan Industries Adani Power Aditya Birla Nuvo Allahabad Bank Bharati Shipyard GVK Power and Infrastructure Vijaya Bank HCC IFCI Alok Industries Amtek Auto Tanla Solutions HEG Sona Koyo Steering Info Ed…

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