The Foreign institutional investors (FIIs) were net sellers of Rs 153.24 crore in futures and options segment on Friday. According to data released by the NSE, FIIs were net sellers of index futures to the tune of Rs 423.03 crore while bought index options worth Rs 482.53 crore. They wer…

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WASHINGTON: The Tata Group, State Bank of India (SBI) and Infosys Technologies are among 17 Indian firms that figure among the top 50 in a list of the world’s 200 most reputable companies. With a pulse score of 80.89 on a scale of 0-100, the US-based Reputation Institute ranked the…

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Market regulator SEBI is clamping down on the practice of ‘hollow’ buyback offers, which see companies make buyback announcements and lift share prices, but buy little or no shares. SEBI has issued informal guidelines to investment banks that manage buyback issues. These norms could s…

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PINC Research has recommended a sell rating on IVRCL Infrastructure and Projects with a price target of Rs 142 in its May 08, 2009 research report. “IVRCL’s order book as of March ’09 stands at Rs 135 billion (2.8x FY09E Revenues). While water supply & environmenta…

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NEW YORK (Reuters) – U.S. stocks rose on Friday, and the Nasdaq capped its longest stretch of weekly gains in a decade as stress test results and reassuring jobs data fueled hopes the worst is over for banks and the economy. …

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WASHINGTON (AP) — The pace of layoffs slowed in April when employers cut 539,000 jobs, the fewest in six months. But the unemployment rate climbed to 8.9 percent, the highest since late 1983, as many businesses remain wary of hiring given …

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MUMBAI: Promoters and investors in 50 companies, who did not convert their warrants into shares to avoid losing money, have forfeited more than Rs 1,000 crore they paid at the time of allocation, according to data collated by ET. …

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US regulators said 10 of the top 19 banks will need to raise a total of USD 74.6 billion in capital over the next six months. The USD 74.6 billion amount was smaller than what some analysts had estimated the results of the bank stress test to be. Bank of America had the largest …

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Investors felt more confident putting their money into banks on the eve of a government report card on big financial companies. Bank stocks pulled the market higher Wednesday as media reports trickled out that indicated balance sheets at major lenders …

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NEW YORK (AP) — Investors felt more confident putting their money into banks on the eve of a government report card on big financial companies. Bank stocks pulled the market higher Wednesday as …

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