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Former Goldman Sachs director Rajat Gupta starts prison term on June 17
17 Apr 2014 at 9:42pm
US District Judge Jed Rakoff in Manhattan directed Gupta, 65, who lost a bid for a new trial last month, to surrender by 2:00 p.m. on that date.


Sensex jumps 351 points, snaps 3-day losing streak
16 Apr 2014 at 9:26pm
After three days of losses, the BSE benchmark Sensex on Thursday surged by over 351 points on value buying by foreign funds amid corporates TCS and HCL Tech reporting robust fourth quarter earning figures.


Sensex up 350 points on broadbased buying
16 Apr 2014 at 9:26pm
The 30-share index, which had lost 438 points in the previous three sessions, recovered by 77.57 points, or 0.35 per cent, to 22,354.80, with stocks of IT, realty, auto, consumer durables and metal sectors leading the rise.


Sensex up 78 points in early trade on good corporate earnings
16 Apr 2014 at 9:26pm
The 30-share index, which had lost 438 points in the previous three sessions, recovered by 77.57 points, or 0.35 per cent, to 22,354.80, with stocks of IT, realty, auto, consumer durables and metal sectors leading the rise.


Rupee ends at 60.29 up 8 paise against dollar
16 Apr 2014 at 9:14pm
The rupee on Thursday gained by 8 paise to close the day at 60.29 against the dollar in line with the surge in stock markets, breaking three-day losing streak.

Rupee up 10 paise against dollar in early trade
16 Apr 2014 at 9:14pm
The rupee strengthened by 10 paise to trade at 60.27 against the US dollar at the Interbank Foreign Exchange market on Thursday on selling of the American currency by exporters.

SpiceJet introduces another low fare offer
16 Apr 2014 at 7:29pm
The fare war started by budget carrier SpiceJet in January that led to cuts by other domestic players remains unabated with the Kalanithi Maran promoted-airline now coming up with another low fare offer from select cities.


Wipro's Q4 profit rises 28.8 pc to Rs 2,226.5 crore
16 Apr 2014 at 7:13pm
The country's third-largest software services firm Wipro on Thursday posted a 28.8 per cent increase in profit to Rs 2,226.5 crore in the quarter ended March 31 on the back of improving global economic sentiment and cost optimisation.

Air India to sell three Boeing 777s through competitive global bidding
16 Apr 2014 at 7:00pm
Air India declared its intent to sell three of its Boeing 777s for mopping up resources to stem its liabilities.

India's ratings to depend on next governement economy, fiscal policies: S~~am...
16 Apr 2014 at 1:59pm
Standard and Poor's may upgrade India's outlook if the government that is elected next month addresses some of the country's fiscal and economic challenges through steps such as passing a goods and services tax.

Rupee at 3-week closing 60.37 against US dollar
15 Apr 2014 at 9:03pm
The rupee on Wednesday lost 14 paise to register its three-week closing low of 60.37 against the dollar amid capital outflows and continuing demand for the US currency from oil refiners.


Rupee opens lower at 60.29 against US dollar
15 Apr 2014 at 9:03pm
The Indian rupee opened lower at 60.29 per dollar on Wednesday, down 7 paise compared to previous closing value of 60.22 a dollar. The dollar erased gains against the euro as traders discounted recent comments from European Central Bank policymakers.


Sensex falls for 3rd day, loses 208 points as IT, realty stocks hit
15 Apr 2014 at 9:01pm
The BSE benchmark index Sensex fell for the third straight day by losing 208 points on increased profit selling by funds in IT, capital goods and realty stocks.

Markets open flat, Sensex marginally up
15 Apr 2014 at 9:01pm
The market has opened on a flat note after seeing some severe cut on Tuesday. The Sensex is up 1.80 points at 22486.73, and the Nifty is down 5.90 points at 6727.20.


TCS net profit rises 51.5 per cent, beats estimates
15 Apr 2014 at 5:08pm
Tata Consultancy Services Ltd, India's largest IT services exporter, posted a 51.5 per cent rise in quarterly net profit, beating expectations, as it won more contracts in Europe and some emerging markets.


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