Two years of Modi in 6 charts: Check out how the govt has fared
May 26, 2016 at 14:45 | Source:
Prime minister Narendra Modi have reasons to be happy because the number of people who are not really disappointed about his two years seems to be on the increase.This is significant considering that he has been getting relatively higheramount of bad...
S&P 500 ascends 2 percent in two days| Reuters
May 26, 2016 at 02:45 | Source:
Wall Street rose robustly for a second straight session on Wednesday, helped by higher oil prices and investors becoming more comfortable with the prospect of an interest rate hike as early as next month.Combining Tuesday and Wednesday's performance...
Gains in financial, energy stocks lift Wall St| Reuters
May 25, 2016 at 23:45 | Source:
Wall Street was higher in afternoon trading on Wednesday, extending gains from Tuesday as oil prices rose and investors became more comfortable with the prospect of an interest rate hike as early as next month.The S&P financial index was up 0.95 ...
Wall St up as banks rally on prospects of higher rates| Reuters
May 25, 2016 at 23:18 | Source:
Wall Street was higher on Wednesday, extending gains from Tuesday, as the possibility of the U.S. Federal Reserve raising interest rates as early as this summer boosted bank stocks.Financial stocks were up 1.26 percent, hitting their highest levels s...
Wall Street surges over 1 percent, banks and tech rally| Reuters
May 25, 2016 at 01:15 | Source:
Wall Street surged over 1 percent on Tuesday, with solid gains in technology and bank shares as investors grew more comfortable with the possibility that the U.S. Federal Reserve might soon raise interest rates.Comments from several policymakers in r...
L&T Infotech receives Sebi nod to offer 1.75 cr shares via proposed IPO
May 24, 2016 at 08:39 | Source:
New Delhi: L&T Infotech Ltd, an arm of engineering major Larsen and Toubro Ltd (L&T), has received the capital markets regulator Securities and Exchange Board of Indias (Sebi) approval for its proposed initial public offering (IPO).Th...
ICICI Pru Life Insurance to hire banks for its planned IPO
May 06, 2016 at 14:13 | Source:
ICICI Prudential Life Insurance is set to hire Bank of America Merrill Lynch and ICICI Securities for its planned $600 million to $700 million initial public offering (IPO), IFR reported on Friday citing two sources close to the plans.Other banks are...
Vodafone India mandates for up to US$3 billion IPO| Reuters
Apr 29, 2016 at 23:45 | Source:
(IFR) - UK telecom giant Vodafone has mandated Bank of America Merrill Lynch, Kotak and UBS as joint global coordinators for the IPO of its Indian unit, according to two sources. The IPO is expected to raise US$2bn$3bn, potentially smashing the Rs155...
Crude prices jump 3 percent on gasoline rally, weak dollar | Reuters
Apr 27, 2016 at 01:45 | Source:
NEW YORK Crude oil prices rose about 3 percent on Tuesday on the back of a rally in the gasoline market and as a tumbling dollar boosted commodities denominated in the greenback after bets the Federal Reserve will hold U.S. interest rates where they ...
Wall Street edges higher as investors gird for earnings | Reuters
Apr 12, 2016 at 02:15 | Source:
Wall Street edged higher on Monday as oil prices climbed while financial shares gained ahead of a big week of earnings results from banks.The three major indexes registered modest increases after posting losses last week.Investors are next looking fo...
Wall Street ends with slight gain; indexes post weekly losses| Reuters
Apr 09, 2016 at 02:30 | Source:
A sharp rally in crude oil and energy shares lifted U.S. stocks on Friday, but indexes registered losses for the week and investors were cautious ahead of earnings season.U.S. crude oil settled more than 6 percent higher after data showed lower U.S. ...
Energy gains boost Wall Street; S&P on track for weekly loss | Reuters
Apr 09, 2016 at 01:15 | Source:
A sharp rally in crude oil and energy shares kept U.S. stocks in positive territory on Friday, but indexes were on track to post losses for the week and a drop in shares of biotechs kept a lid on the Nasdaq.The Nasdaq Biotech index .NBI down 1.4 perc...
S&P, Dow gain on surge in oil prices | Reuters
Apr 08, 2016 at 23:30 | Source:
A sharp rally in crude oil drove gains on the S&P 500 and the Dow on Friday, but a fall in healthcare and technology stocks pushed the Nasdaq into negative territory.Oil prices jumped more than 6 percent after data showed drawdowns in U.S. stockp...