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Stocks Struggle on Last Day of Q1 as Jobs as Manufacturing Data Disappoint -Wall Street

Posted on: April 1st, 2010 and is filed under Market News.

By Ellis Mnyandu NEW YORK (Reuters) – Stocks barely budged on Wednesday following reports that stoked unease about the health of the labor market and regional manufacturing, offsetting the energy sector’s strength. A legal ruling in U.S. oil giant Chevron’s (NYSE:CVX &…

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Fuel prices again set to rise

Posted on: March 31st, 2010 and is filed under Press Releases.

Fuel prices are again set to rise after the new emission norms, the Euro IV standard fuel regime from April 1. 13 big cities, where the usage of oil gasoline and oil products is the most will switch to cleaner ‘Euro-IV’ grade motor fuel from tomorrow, due to which consumer wi…

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Scientists to retrace the Big Bang today

Posted on: March 30th, 2010 and is filed under Press Releases.

The world’s largest atom smasher is ready to start a new era of science, colliding beams of protons to learn more about the make up of the universe and its smallest particles. Dubbed the world’s largest scientific experiment, the $10 billion Large Hadron Collider holds the pr…

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SPECIAL REPORT: Escape from Wall Street

Posted on: March 27th, 2010 and is filed under Market News.

UBS adviser Chuck Huebner knew he was done with big brokerages when some supervisors questioned a stock he had purchased for one of his clients. The offending equity? Berkshire Hathaway. Huebner thought Berkshire was a good bargain early last year, when markets were still struggling, so …

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Tata Motors to sell 20% in Telcon to Hitachi

Posted on: March 26th, 2010 and is filed under Market News.

In a Rs 1,000-crore deal, the Japanese firm moves from being a junior partner to majority owner Tata Motors, India’s largest vehicle manufacturer by revenue, is selling a third of its stake in the construction equipment-making subsidiary, Telcon, to its joint venture partner, Hitac…

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NMDC falls 13% as retail, HNIs cash out

Posted on: March 26th, 2010 and is filed under Market News.

With retail and high net worth individuals (HNIs) on a selling spree, the share price of public sector mining firm NMDC, which recently came out with a follow-on public offer (FPO), has witnessed a steep fall of over 13 per cent in just two trading sessions. The stock is now trading close…

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Dow Jones partners Bharti Airtel for Launch of The Wall Street Journal India Mobile

Posted on: March 25th, 2010 and is filed under Market News.

Dow Jones today announced the launch of The Wall Street Journal India Mobile application in association with Bharti Airtel, one of Asia’s leading integrated telecom service provider. The application provides the latest international and Indian financial and business news from The Wa…

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Zain okays Bharti bid

Posted on: March 25th, 2010 and is filed under Market News.

Telecom major to gain 42 million subscribers, will become world’s seventh largest player Kuwait-based Zain Telecom’s board cleared Bharti Airtel’s proposal to buy its African assets for $10.7 billion (around Rs 48,600 crore), marking the Indian company’s first successful attempt …

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U.S. Stocks Stop Global Drop, Dollar Falls & Commodities Recover

Posted on: March 23rd, 2010 and is filed under Market News.

The Standard & Poor’s 500 Index rose 0.4 percent to 1,164.25 in New York, as health-care shares climbed after the U.S. House passed legislation to allow uninsured Americans to get medical coverage and analyst upgrade helped chipmakers gain The MSCI World Index of global stocks rose…

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Nifty turns global hot property

Posted on: March 20th, 2010 and is filed under Market News.

Nifty-based ETFs already available on eight exchanges; CME alliance to push volumes exponentially. The Nifty has gained popularity across time zones, with exchange-traded funds (ETFs) based on it being traded on eight stock exchanges across the globe. This even as the futures and options…

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