NEW YORK (AP) — The stock market is extending a big rally from last week on more upbeat earnings and word that troubled lender CIT will avoid bankruptcy. Both the Dow Jones industrials and the Standard & Poor’s 500 index edged above their recent highs from mid-June on Mo…

Read More..

Riding on the best quarterly performance by stock markets in 17 years, equity-oriented mutual funds saw a net inflow of Rs 1,500 crore in June this year even as growth of industry’s average assets for the month decreased, a Crisil report says. “Continued retail interest in eq…

Read More..

Results today: JSW Steel, Essar Oil, IDFC, Aptech, BASF India, Era Infra, Indo Rama Synthetics, KPIT Cummins, Merck, Mindtree, Peninsula Land, Sterlite Tech, SPARC, Triveni Engg, Zandu Pharma RIL-RNRL update: Govt asks SC to make it party in RIL-RNRL gas dispute RIL says copy of govt SL…

Read More..

TOP STORIES Business TodayTop StoriesStory 8 US banks collapsing every month: Study An average of eight US banks are collapsing every month, as the country’s economy continues to feel the tremors of financial turmoil. With four more banks going belly up on July 17, the total fai…

Read More..

SEATTLE (AP) — The technology sector is often talked about as if it were a unified front, an easy-to-define monolith. People say technology stocks rose or technology stocks fell. Tech helped drive a huge boom in the 1990s, and when that collapsed in 2001, tech contributed to the las…

Read More..

Extending gains for the fifth day in a row, gold prices surged to a 52-week high in New Delhi to Rs 15,000 per 10 gm on aggressive buying by funds in line with the overseas trend.Gold prices added Rs 130 to Rs 15,040 per 10 gm, a level last seen on April 2, as stockists and jewellery make…

Read More..

Adani Power, a power project development company, promoted by Adani Enterprises Limited, flagship company of Adani Group, with total revenues of Rs 196 billion, is entering the capital markets with an initial public offering of 301,652,031 equity shares of Rs 10 each for cash at a price t…

Read More..

Results today: TCS, Colgate, Crompton, India Infoline, Container Corporation, Goa Carbon, Kirloskar Brothers, Prime Securities, Sasken, Sonata Software, Wyeth, Radico Khaitan Big story: Govt -To divest stake in Kudremukh Iron Ore, Manganese Ore, NMDC -Between 9-20% of Kudremukh may be …

Read More..

The fact it is promoted by kin of disgraced Satyam founder Ramalinga Raju is continuing to haunt Maytas Infrastructure, although it has a healthy order book of Rs 8,000 crore and is no longer run on a day to day basis by Teja Raju. “We feel pained by the continuous equation of May…

Read More..

NEW YORK (AP) — Investors who have been looking for signs the economy is on the mend are pushing stock futures higher Wednesday in the wake of better-than-expected earnings reports from Intel and Goldman Sachs. The upward move ahead of the market opening in New York followed gains …

Read More..