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Is it time to revisit IT stocks? BSE IT index drops over 10% since March

Apr 24, 2014 at 14:11 | Source: Economic Times

NEW DELHI: The BSE IT index which rallied close to 60 per cent in the calendar year 2013 failed to pick steam in 2014, as muted results, rich valuations, slowdown in demand environment capped gains of most of the frontline IT names. The BSE IT index ...

Rupee to stay in 60-62/$ band till election results are out

Apr 24, 2014 at 13:31 | Source: Economic Times

MUMBAI: Rupee hit a 1-month low after it fell by more than a per cent this week. The pressure has been from both domestic and global side. The rupee came under pressure after strong US data led the increased demand for dollar. The Asian currencies a...

Mai-baap no more: Cong losing Dharavi's WhatsApp generation

Apr 24, 2014 at 12:30 | Source: FirstPost

It's polling day in Mumbai and once again, the day has begun with at least one candidate alleging that there were vehicles carrying large sums of cash trying to enter slum areas in Bhandup and Shivaji Nagar, both in the Mumbai North-East constituency...

Why Nokia India's Chennai plant has become the orphan factory

Apr 24, 2014 at 10:36 | Source: Economic Times

Once a celebration of Indian manufacturing, Nokia's Chennai factory, beset by legal troubles, has become nobody's child. Old owner Nokia does not want it, new one Microsoft is reluctant to take it. And the solution they have come up with only provide...

Pfizer complains about India s intellectual property regime again

Apr 24, 2014 at 09:36 | Source: Economic Times

NEW DELHI: US pharma giant Pfizer Inc has complained about India's intellectual property rights regime yet again, this time to India's Ambassador to the US, S Jaishankar. In a letter to Jaishankar, a copy of which was seen by ET, Pfizer's senior vice...

Sebi eases rules for market making in illiquid equity cash segment

Apr 24, 2014 at 09:36 | Source: Economic Times

MUMBAI: Capital market regulator Securities and Exchange Board of India (Sebi) on Wednesday eased rules for market making in illiquid equity cash segment. The move is aimed at encouraging stock exchanges to offer this scheme for the cash segment, whi...

What’s that fishy smell? The Fed’s corrupt policies

Apr 24, 2014 at 09:32 | Source: Market Watch

Our financial system is so corrupt you might say that a fish rots from the Fed. How else can one describe a regime that punishes savers and rewards borrowers and speculators for years on end? Our central bank is essentially taking billions of dollar...

Infosys steps up overseas hiring and training for client-facing executives to improve sales

Apr 24, 2014 at 09:06 | Source: Economic Times

BANGALORE: Infosys is implementing a wide-ranging plan to improve sales effectiveness, said senior executives of the Bangalore-based company, predicting that the benefits of these measures could start showing up before the third quarter of 2014-15. I...

New launches help Garware Wall Ropes cast its net wider

Apr 24, 2014 at 06:36 | Source: Economic Times

Garware Wall Ropes is poised to grow faster in the coming years with the growing acceptance of some of its new products in the overseas aquaculture industry as well as in the domestic agriculture market. The company's valuations look attractive, if i...

China Belongs in the Pacific Trade Pact

Apr 24, 2014 at 06:01 | Source: Wall Street Journal

Its leaders say they want to better connect with the global economy, and that 'the market will be decisive.' Email; Print. Save ↓ More. Save to ↓ More. Save ↓ More. Saved ↓ More. Please log in or register for free to use Save ...

Obama's Visit to Japan Sets Tone for Asia Tour

Apr 24, 2014 at 06:00 | Source: Bloomberg

April 23 (Bloomberg) –- In today's “Global Outlook,” Bloomberg's Megan Hughes reports on President Barack Obama's four-nation trip to Asia. She speaks with Trish Regan on Bloomberg Television's "Street S...

Cashback &amp; couponing venture Cashkaro eyes global expansion, looking to <b>...</b>

Apr 24, 2014 at 06:00 | Source: VC Circle

Cashback and coupon site Cashkaro.com, owned and operated by UK- and India-based Pouring Pounds Pvt Ltd, is looking to expand operations to Singapore, Malaysia and Indonesia this year, according to a top executive of the company. Cashkaro.com&nbs...

Facebook-like Twitter profile pages rolled-out to all users

Apr 24, 2014 at 06:00 | Source: Money Rediff News Report

Twitter on Tuesday announced the global roll-out of its Facebook-like profile redesign, which first began gradually rolling out earlier this month. The announcement came via Twitter&#39;s official blog post, as well as through personalised emails...

Expansion on mind, GIC Re poised to buy South Africa s Saxum

Apr 24, 2014 at 04:41 | Source: Economic Times

MUMBAI: GIC Re, the sole Indian reinsurer, is set to acquire South Africa's Saxum Re as it aims to expand into one of the most promising growth regions in the world and diversify its risk as the state-owned company got hit by some of the recent globa...

Green groups urge U.S. to drop solar trade case against India

Apr 24, 2014 at 04:30 | Source: FirstPost

WASHINGTON (Reuters) - Environmental groups urged the United States on Wednesday to drop a challenge to India's massive solar program and said the World Trade Organization case would only hurt the growth of renewable energy resources.The United Stat...

Apple, Facebook stuck in red ahead of earnings

Apr 24, 2014 at 04:17 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Apple Inc. and Facebook Inc. were both weak as they prepared to release quarterly results later Wednesday, while Intuitive Surgical Inc. slumped as its earnings fell short of expectations. Apple (NASDAQ:AAPL)  shares...

Infosys embarks on new strategy to improve sales functions; company to step up hiring overseas

Apr 24, 2014 at 02:41 | Source: Economic Times

BANGALORE: Infosys is implementing a wide-ranging plan to improve sales effectiveness, said senior executives of the Bangalore-based company, predicting that the benefits of these measures could start showing up before the third quarter of 2014-15. I...

A currency war is coming

Apr 24, 2014 at 02:32 | Source: Market Watch

While most investors like to believe that things like earnings and the economic data drive the market’s ups and downs, lately it’s been all about moves in the currency market. Since stocks started surging higher in late 2012, they’ve been marc...

Treasurys rally after homes data, auction

Apr 24, 2014 at 02:32 | Source: Market Watch

NEW YORK (MarketWatch) — Treasury prices climbed Wednesday after a report showed weak growth in new home sales and an auction of 5-year notes saw tepid demand. The 10-year note (ICAPSD:10_YEAR)  yield, which falls as prices rise, was down 4 basis...

U.S. stocks tumble; S&P 500 ends 6-day run

Apr 24, 2014 at 02:17 | Source: Market Watch

NEW YORK (MarketWatch) — The U.S. stock market ended Wednesday’s choppy session lower, as investors paused for breath after six-straight days of gains on the S&P 500 and Nasdaq Composite. Earnings results from heavyweights Apple Inc. and Faceboo...

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