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State Bank of India Q4 profit falls, shares drop

May 24, 2013 at 05:00 | Source: FirstPost

REUTERS - State Bank of India, the country's largest lender, posted its first quarterly net profit drop in two years, missing market estimates after being dragged down by lower interest income and higher provisions for loan losses.The state-run bank ...

EMI plan for BlackBerry Z10, BlackBerry Curve 9220

May 24, 2013 at 03:22 | Source: The Hindu BusinessLine

Mumbai, May 23: BlackBerry has launched equated monthly instalment (EMI) schemes for BlackBerry Z10 and BlackBerry Curve 9220 devices in India. BlackBerry Z10, the handset that operates on the BB10 platform, is available for an EMI of Rs 4,799 per m...

Sensex cracks 387 as Japan falls; SBI, L&T lead losers

May 24, 2013 at 00:37 | Source: DomainB

Equity benchmarks plunged Thursday, as ripples of the crash in Japanese shares were felt across globe, with India being no exception. The mood was further soured by the weakness in the rupee and disappointing fourth quarter numbers from State Bank o...

BlackBerry rolls out EMI scheme for Z10, follows Apple and Samsung

May 23, 2013 at 19:40 | Source: Economic Times

NEW DELHI: Smartphone maker BlackBerry will sell BlackBerry Z10 and BlackBerry Curve 9220 on easy monthly installments in India from this weekend and has tied up with credit card providers including Axis Bank, Citibank, HDFC bank, HSBC, ICICI Bank, K...

Sensex tanks 400 points; Nifty below 6000 on global jitters

May 23, 2013 at 16:11 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex plunged over 400 points in afternoon trade on Thursday, while the 50-share Nifty index slipped below its crucial psychological support level of 6000 following a sell-off in Asian markets. Most Asian markets ended the day...

Nifty posts biggest drop in a year, Sensex ends 371 points down

May 23, 2013 at 16:11 | Source: Economic Times

MUMBAI: The Nifty posted its biggest drop in more than one year on Thursday by plunging 2 per cent following a sell-off in global markets on fears that the US Federal Reserve may discontinue quantitative easing. The drop in China's May HSBC flash PMI...

Carnage in markets; top 17 trading ideas from experts

May 23, 2013 at 14:31 | Source: Economic Times

NEW DELHI: Markets came under tremendous selling pressure in afternoon trade on Thursday following sell off in Asian markets after the US Federal Reserve hinted that it might scale back its stimulus programme this year. The sell-off was led by a sha...

SBI Q4 PAT at Rs 3299 crore, first decline in two years

May 23, 2013 at 14:31 | Source: Economic Times

NEW DELHI: State Bank of India, the country's largest lender, posted its first quarterly net profit drop in two years, missing market estimates after being dragged down by lower interest income and higher provisions for loan losses. The state-run ba...

Nifty falls below 6,050; Ranbaxy, DLF, BHEL down

May 23, 2013 at 11:41 | Source: Economic Times

MUMBAI: The Nifty extended losses for the fourth straight session on Thursday and slipped below 6,050 level as sentiment turned bearish in Asian markets after China's May HSBC flash PMI data shrank for the first time in seven months. US Federal Rese...

Sensex slips below 20k on US Federal Reserve comments

May 23, 2013 at 10:31 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex slipped over 100 points and slipped below its crucial psychological level of 20,000 in opening trade on Thursday tracking weak global cues after Ben Bernanke, the US Federal Reserve chairman, hinted at exiting Federal R...

Sensex falls for third day; L&T results spark worries

May 23, 2013 at 04:45 | Source: FirstPost

MUMBAI (Reuters) - The BSE Sensex fell for a third consecutive session on Wednesday, to mark its lowest close in almost two weeks after Larsen & Toubro slumped nearly 6 percent as its orderbook guidance sparked worries about the health of the dom...

Loans for affordable housing to get cheaper

May 22, 2013 at 23:32 | Source: The Hindu BusinessLine

Mumbai, May 22: Loans for low-cost housing are set to get cheaper as housing finance companies have been given easier access to overseas funding. The National Housing Bank (NHB) is drafting guidelines to ensure a cap on interest rates for affordable...

ING tests waters to exit ING Vysya, approaches banks to consider deal

May 22, 2013 at 23:32 | Source: Financial Express

Dutch financial group ING may be considering an exit from ING Vysya, its Indian banking venture in which it holds 43 per cent stake. Sources confirm merchant bankers have approached leading Indian banks to gauge interest in the buying out ING from t...

BSE Sensex closes weak; investors shun realty, cap goods

May 22, 2013 at 18:57 | Source: DomainB

Benchmark indices drifted lower Wednesday, as buyers chose to await cues from the US Federal Reserve before deciding on the next course of action. Renewed weakness in the rupee and tepid fourth quarter earnings from engineering major Larsen Toubro w...

Sell HDFC BANK with a target of Rs 695: Prakash Gaba

May 22, 2013 at 13:42 | Source: Economic Times

In a chat with ET Now, Prakash Gaba, CFT, prakashgaba.com shares his views on HDFC BANK. ET Now: What is your view on HDFC BANK ? Prakash Gaba: HDFC BANK is a 'SELL' call with a target of Rs 695 and a stop loss of Rs 710. ...

HDFC Bank CEO Aditya Puri's daughter Amrita's journey to Bollywood has been a bumpy ride

May 22, 2013 at 13:42 | Source: Economic Times

It was neither by design, nor by accident that Amrita Puri is an actress now. It was the sheer frustration of spending endless hours behind closed doors thinking about a line or two to persuade you and me to buy a soap or a toothpaste. From copy wri...

Nifty rangebound; tech, metals, pharma advance

May 22, 2013 at 11:36 | Source: Economic Times

MUMBAI: The Nifty was moving in a narrow range after a firm opening on the back of positive cues from global peers on Wednesday. Technology, metals and healthcare sectors led the upmove while realty sector remained subdued. "After shedding some gain...

Sensex starts on a firm note; Tech Mahindra up 6%

May 22, 2013 at 09:51 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex rose 0.3 per cent early on Wednesday tracking strong global cues, led by gains in Infosys, ICICI Bank and TCS. At 09:20 a.m.; the 30-share index was at 20183.10, up 70 points or 0.3 per cent. It touched a high of 20,189...

BSE Sensex extends losses for second day, down 112 points

May 22, 2013 at 06:52 | Source: Business Today

The BSE Sensex on Tuesday dipped by over 112 points in a see-saw trade on selling in heavyweights like Tata Motors, ITC and SBI, extending losses for the second straight day.Mixed global cues also weighed on the market sentiment.The 30-share baromet...

HDFC Mutual Fund schemes offload 2.05% stake in Punj Lloyd

May 22, 2013 at 05:07 | Source: Economic Times

MUMBAI: HDFC Mutual Fund has sold 2.05 per cent stake in engineering conglomerate Punj Lloyd for about Rs 34.43 crore in last two months through open market sales. In a filing to the BSE, HDFC Mutual Fund disclosed that four of its funds -- HDFC Top...

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From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

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May 23 2013, 16:33

Japan`s fall natural after 80% rally in 6 months: AMP Cap

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