LONDON/TOKYO: Germany has fallen into recession and China’s industry output growth waned to its weakest in seven years, data showed on Thursday, reinforcing evidence the financial crisis is plunging the world into a painful downturn. …

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US shares were set to fall at the open on Thursday, heading for a fourth day of declines, with tech stocks likely to slide after a warning on revenue from chip giant Intel. At 1109 GMT, futures for the Dow Jones and S&P 500 were down 0.5 percent and 0.6 percent respectively, with fut…

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LONDON: Emerging stocks fell 3 per cent on Thursday with Russia leading the way, as the US government backed away from plans to buy toxic assets and commodity producing countries suffered from the ongoing fall in oil. …

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The airline is engaged in talks with Abu Dhabi state-owned Mubadala Development Co to raise funding of up to Rs10bn Jet Airways is reportedly in talks to sell 10% stake to Temasek Holdings Pte to raise around Rs2.5bn. The airline is engaged in talks with Abu Dhabi.. …

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This is a turnkey project to provide Extra High Voltage Power Distribution package for the captive power plant at the Bokaro Steel facility Siemens Ltd has bagged a turnkey order from Steel Authority of India Ltd. (SAIL) worth Rs1756mn for expansion and modernization of the Bokaro Steel P…

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3099 is going to be very important now, and shouldnt break for the uptrend to continue. breaking 3099, nifty may dip to as much as 3030-2960 levels. …

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MUMBAI: Breaking its six-week long losing trend, country’s top 10 club added over Rs 20,000 crore to the combined market valuation in the past week, even as Reliance Industries and Infosys suffered losses. The top 10 companies together gained Rs 23,273 crore in market cap last week…

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The Reserve Bank of India (RBI) will provide foreign exchange liquidity to foreign branches and subsidiaries of Indian banks through currency swaps. The central bank will also consider easing banks’ requirement to buy government debt in specific cases to free up cash to fund the cur…

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NEW DELHI: Global credit rating agency Standard & Poor’s on Wednesday said it has affirmed a rating of non-investment grade for auto major Tata Motors while removing it from credit watch. The agency has assigned the company a corporate credit rating of ‘BB’ (non-inv…

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The stock market crash is defying all conventional wisdom of valuations. Despite the relief rally over last few days, a large no of companies are still trading below their book value which means their market capitalisation is less than their net worth. Put simply, if you could buy these c…

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