Breadth neutral as 1,514 stocks decline while 1,192 advance Markets have plunged lower in the late noon deals on the back of selling pressure visible in Infosys, TCS and Tata Steel. The Sensex is down 71 points at 17,142 and the 50-share Nifty has shed 20 points at 5,208 levels. For the…

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Forexpros – U.S. stocks rose Friday after JPMorgan said it would report record earnings this year despite a botched trade that recently cost the bank billions. Chinese second-quarter growth figures pushed up stocks as well At the close of U.S. trading, the Dow Jones Industrial Ave…

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Singapore: A previously unknown hacker group has posted online the details of 4,50,000 user accounts and passwords it claims to have taken from a Yahoo server. The Ars Technica technology news website reported that the group, which calls itself D33DS Company, hacked into an unidentified …

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NEW DELHI: The monsoon has revived significantly in the past week and accelerated crop planting, but the government is anxiously monitoring the situation as crop yields may still be lower and economists warn that food prices can rise sharply if rainfall weakens again. Rainfall in the pas…

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FMCG, index heavyweights lead decline Markets were trading near their day lows in afternoon deals, amid weak cues from Europe, with FMCG and index heavyweights leading the decline. The Sensex down 89 points at 17,530 after touching an intra-day low of 17,506. Nifty slipped 28 points at…

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Arvind Rao steps down after KPMG submits forensic report on governance issues Within a week of KPMG submitting a forensic report on its corporate governance procedures, OnMobile’s founder, CEO & managing director Arvind Rao has resigned. OnMobile is India’s pioneering and large…

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New Delhi: Thousands of computers in India, which are hit by a malicious virus DNSChanger, may lose Internet access on Monday, according to Web security firm McAfee. DNSChanger is a malware computer programme that redirects Internet traffic to fake websites. These affected machines are l…

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Stocks (SXXP) and commodities sank, while Treasuries rose for a second day, as slower-than-forecast growth in U.S. payrolls fueled concern the economic recovery is slowing. The dollar strengthened against 14 of 16 major peers, with the euro setting a two-year low of $1.2266. The Standar…

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Stephen Bird has been a Citibanker for the last 14 years. But since the beginning of this year, he has taken over as the Chief Executive Officer for the Asia Pacific region at Citigroup. Responsible for 17 countries in the region – including India, China, Hong Kong, Singapore and Austra…

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Telecom stocks, Reliance to be on the buzzer The markets are likely to trade on a lacklustre note in the absence of major cues from the US markets that were closed on account of Independence Day holiday. Asian shares eased on Thursday, as markets awaited the European Central Bank&#8217…

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