MUMBAI: The country’s 10 most valued firms continued their gaining streak by adding over Rs 37,000 crore to their market capitalisation last week, with the state-run ONGC accounting for over one-third of the total gain. …

Read More..

NEW DELHI: Indian investigating agencies may ask foreign clients of Satyam Computer Services to give details of their transactions to find out if the arrested founder of the scam-hit software exporter had forged invoices. …

Read More..

Dhiraj Agarwal, Director Institutional Equities at Anand Rathi, feels the market, whcih has so far been moving in tandem with the global market, will break away for a while post elections. He expects market action to be stock-specific for the next one-two years and sees a secular …

Read More..

iGATE has not filed an Expression of Interest (EoI) to bid for Satyam Computer Services before the 5pm deadline set by the crisis-mauled company’s board. On the other hand, the remaining three bidders, Tech Mahindra, Larsen & Toubro and Spice Group, went ahead and submitted the…

Read More..

NEW DELHI: Inflation for the week ended March 7 fell to an all time low of 0.44%. The sharp fall in inflation was due to several factors including easing prices of food articles and fuel items along with a high base effect. Annual inflation as measured by Wholesale Price Index (WPI) was a…

Read More..

WASHINGTON (AP) — The Federal Reserve announced Wednesday it will spend up to $300 billion over the next six months to buy long-term government bonds, a new step aimed at lifting the country out of recession by lowering rates on mortgages and other consumer debt. At the same time, …

Read More..

Liddy wants identities of recipients kept private to keep employees safe American International Group Inc. Chief Executive Edward Liddy and employees at the insurer’s troubled derivatives unit have received death threats amid a national furor over big bonuses …

Read More..

Call it the Nano effect. The demand for used cars in the country has fallen by as much as 25-30 per cent after Tata Motors’ announcement of the launch date of the “People’s Car”. The car will debut on Monday. According to automobile dealers here, there has been an average fall of…

Read More..

Washington: US President Barack Obama’s popular support is slipping amid the deepening economic crisis, according to a poll released here Tuesday. The survey by Pew Research Center for the People & the Press showed Obama’s approval rating falling to 59 percent from 64 pe…

Read More..

NEW DELHI: Real estate developers have found a new way of perking up the market. Unitech, DLF, HDIL, BPTP and others are offering a 30-40% Analysts believe that such projects will help stimulate demand and bring in the much-needed liquidity in the industry, which is already dealing with u…

Read More..