Wall St off session lows as Greece aid deal optimism grows| Reuters
Jul 07, 2015 at 00:30 | Source:
REUTERS - U.S. stocks were lower in early afternoon trading, but were well off their lows earlier on Monday as investors remained optimistic that a deal could be reached to prevent Greece's exit from the euro zone.Greeks rejected the conditions of a ...
Buffett donates record $2.84 billion to Gates, family charities| Reuters
Jul 06, 2015 at 23:31 | Source:
REUTERS - Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc (BRKa.N) stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth.The 10...
Wall St pares losses after IMF says ready to help Greece| Reuters
Jul 06, 2015 at 23:30 | Source:
REUTERS - U.S. stocks erased most of their earlier losses, even turning positive briefly, on Monday after the International Monetary Fund said it is ready to assist Greece if asked.Greeks rejected the conditions of a rescue package from creditors on ...
Cast away: Brand new Audi Q3 found floating in sea off Kovalam beach
Jul 06, 2015 at 18:16 | Source:
The scenes at the sea near Kovalam on Thursday were fit for an opening sequence of a Sherlock Holmes episode.An abandoned Audi Q3 was found floating near Chennais Kovalam beach in early hours by fishermen. The car, which costs at least Rs 30 lakhs wa...
BankBazaar.com raises Rs 375 cr in fresh funding round
Jul 02, 2015 at 22:48 | Source:
Mumbai: Financial marketplace BankBazaar.com today announced it has raised Rs 375 crore ($60 Million) in a third strategic round of funding led by Amazon with participation from Fidelity Growth Partners and Mousse Partners. Existing investors Sequoia...
Religare Enterprises spurts 7 percent on stake sale buzz report
Jul 02, 2015 at 10:17 | Source:
Shares of integrated financial services company Religare Enterprises (REL) jumped over 7 percent in early Thursday trade, outperforming the sluggish broad market sentiment amid a media report that two private equity groups are in race to acquire majo...
India aims 8-10% growth, current rate not satisfactory: Jaitley
Jul 01, 2015 at 20:26 | Source:
New Delhi: Pitching for a higher growth of 8 to 10 percent to eradicate poverty, Finance Minister Arun Jaitley today said the country is no more satisfied with the current rate."India is no longer satisfied being in the 6 to 8 percent growth. It...
India asks refiners to buy dollars, euros to settle Iran oil dues| Reuters
Jul 01, 2015 at 01:45 | Source:
NEW DELHI India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.Local refiners still owe Ira...
Wall Street trims gains as Greece debt default looms| Reuters
Jul 01, 2015 at 00:45 | Source:
REUTERS - U.S. stocks shed some of their early gains on Tuesday as nervous investors wondered whether last-minute talks would produce a bailout deal that would keep Greece in the euro. The Dow Jones Industrial Average and the S&P 500 were up ab...
Disappointment growing over Modi government's reform pace: Moody's
Jun 30, 2015 at 16:59 | Source:
New Delhi: Flagging subdued rural economy as a 'credit negative' for India's sovereign rating, global giant Moody's on Tuesday said there are growing concerns about risk of policy stagnation and "some disappointment" has emerged over the pa...
Wall Street falls as Grexit fears grow, volatility spikes| Reuters
Jun 30, 2015 at 00:45 | Source:
U.S. stocks extended their losses in heavy trading on Monday, adding to a global selloff, after a collapse in Greek bailout talks intensified fears that the country could be the first to exit the euro zone.All three major indexes fell more than 1 per...
How Uber, Ola and Meru are changing economics of private car ownership
Jun 29, 2015 at 22:53 | Source:
A smart city or any city which wants that title should emphasise public transport over private. Unfortunately, the Indian context has favoured private transport (cars, mobikes) over buses and metros (so far), and real estate interests have ensured ...