Mumbai: In a move that signals a fresh round of consolidation in the recession-hit aviation industry, budget carrier SpiceJet may pick 7.5 per cent stake in another low-cost airline IndiGo. …

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Foreign institutional investors (FIIs) were net buyers of Rs 669.85 crore (provisional) today, according to data released by BSE.While FIIs made gross purchases of Rs 2,488.25 crore, gross sales totalled Rs 1,818.40 crore. …

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A special series run by CNBC-TV18 called Global Markets: Turning Point? elaborates on whether this indeed is the turnaround if the forceful nature of the global as seen in the recent past is anything to go by. Some of the economic data points have improved over the last couple of months …

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NEW YORK: General Growth Properties Inc, the second-largest U.S. mall owner, declared bankruptcy on Thursday in the biggest real estate failure in U.S. history. Ending months of speculation, General Growth, along with 158 of its 200-plus US malls, filed Chapter 11 while it tries to refin…

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New Delhi, April 16: Inflation eased to 0.18 per cent, a new low in over 30 years, although vegetables cost 25 per cent more than it did a year ago and so did other food items – making it a political scoring point in Parliamentary polls underway from Thursday. …

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New Delhi: Indian investors have emerged as the most optimistic lot in Asia and along with their Chinese counterparts have driven an increase in the region’s overall investor sentiment in the first quarter of this year, a latest survey says. …

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Bangalore: Infosys Technologies, bellwether of the Indian infotech industry, announced sobering results on Wednesday that reflected the worsening global downturn. For the first time ever, the company announced a 1.8% drop in revenues in dollar terms in the quarter-ended March 31. …

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Industrialist BK Modi’s Spice Group, which pulled out of the race to acquire scam-tainted Satyam Computer Services, plans to approach the Company Law Board over the Satyam-Tech Mahindra deal. Tech Mahindra was the highest bidder for Satyam at Rs 58 per share when the final stage …

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Here are stocks that are in news today: Results today: Infosys, Blue Dart, Rallis India, Supreme Industries Sterlite: -Grupo Mexico makes counter bid for Asarco, offers …

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Tushar Mahajan, Edelweiss Securities: While the market has been favouring bulls, I would advise caution as we may see some profit booking. Volatility is likely to inch up further. Metal …

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