Kanimozhi's NGO got huge donation from telcos, SC told
The Supreme Court was today told that the NGO of DMK MP Kanimozhi, one of the accused in 2G spectrum allocation scam, received huge donations from telecom companies which were granted licence during the tenure of former Telecom Minister A Raja.
NATO-led coalition for special fund for Libyan rebels
International human right groups have warned of a humanitarian disaster in Misurata, amid fears that over 1000 people have been killed in the conflict over the last two months.
Cisco plans streamline to five units
Cisco Systems Inc will streamline its sales, services, and engineering organizations and refocus around five growth markets, in a significant restructuring at a company which had admitted it lost its way.
Khandu's body arrives in Itanagar; PM, Sonia to pay homage
The body of Arunachal Pradesh Chief Minister Dorjee Khandu, who was killed in a helicopter crash, was on Thursday brought by the army for people to pay their last respects before being taken to his home district, Tawang, tomorrow for the last rites.
US jobless claims hit 8-mth high, productivity slows
The number of Americans filing for jobless aid rose to an eight-month high last week and productivity growth slowed in the first quarter, clouding the outlook for an economy that is struggling to gain speed.
US retailers' sales beat, but inflation a worry
US retailers warned of rising costs and cautious consumers even as a late Easter boosted sales of clothing and other holiday-related items in April, helping many beat sales expectations.
India suffers from highest number of road accidents: WHO
India suffers from the highest number of deaths - around 1,05,000 in absolute terms annually- due to road accidents in the world owing to poor infrastructure and dangerous driving habits, the World Health Organisation said on Thursday.
OPEC may raise oil supply limits, restore credibility
OPEC is considering raising formal output limits when it meets in June in a bid to convince the oil market it wants to bring crude prices down and reverse the impact of fuel inflation on economic growth
FIIs net sell Rs 780cr in equities on May 5 (prov)
FIIs have net sold Rs 780 crore while DIIs have net bought Rs 937 crore in the cash market on May 5, as per provisional data available on NSE. FIIs have net sold Rs 1030 crore in the F&O market.
Rupee opens at 44.83-44.84 per US dollar
The Indian rupee opened at 44.83-44.84 per US dollar as against 44.7500 on Thursday.
Indian ADRs: Infosys, ICICI Bank down 1%
Indian ADRs ended mostly in red on Thursday. In banking space, HDFC Bank was down 0.37% at USD 162.60 and ICICI Bank was down 0.98% at USD 46.41. In Telecom space, Tata Communication was down 0.99% at USD 10 and MTNL was down 5.43% at USD 2.09.
Little risk of repeat of double-dip scare: Citi
With new doubts over US growth and the Fed set to step away from the bond market, EM investors may wish to turn defensive, says Geoffery Dennis of Citi.
Bull's Eye: Stocks to buy today
Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio.
Oil volatility surges as traders rush for $95 puts
Oil volatility surged on Thursday as this week's price correction accelerated in a wave of panic selling, with traders rushing to load up on USD 95 to USD 100 put options fearing further losses ahead.
Silver deepens dive to 5-week low, gold slips
Silver tumbled to a 5-week low on Thursday, on track for its biggest weekly slide since 1983, caught up in a broader commodities sell-off and gold fell to its lowest in more than a week.
Oil plummets on growth fears, euro tumbles
Oil prices plummeted more than 10% on Thursday, dragging down stocks and fueling demand for safe-haven assets, after new data cast fresh doubts on the strength of the global economic recovery.
Huge one-day oil price drops and what triggered them
On Thursday Brent oil posted it second-largest one-day fall on record in dollar terms. Europe's benchmark crude fell by as much as USD 12 a barrel during the normal trading session, and US crude dropped USD 10, leading one of the sharpest commodities sell-offs in years.
Stocks in news: Ceat, Indian Bank, PVR, Surya Roshni
Ceat | Indian Bank | Infinite Computer | PVR | Piramal Lifesciences | Network 18 | Surya Roshni | Fertilizers and Chemicals | Eveready Industries | Cipla and Jyothy Labs are stocks, which are in the news today
Asian markets fall on weak US cues
Asian markets saw selling pressure in early trade on Friday following weak US markets. At 8 hours IST, China's Shanghai Composite was trading at 2,849.22, down 23.18 points or 0.81%.
Total Calls add 48.58 lakh shares in open interest
Nifty Futures added 10.58 lakh shares in OI. Nifty Futures ended with 1.45 points discount as against premium of 0.90 points.
Nifty likely to witness resistance at 5525: Bhambwani
The coming session is likely to witness a resistance at the 5525 levels on advances.
Nymex crude slips below USD 100/bbl, down nearly 9%
It was carnage across the commodity space, oil collapsed into free-fall diving more than 10% & the Nymex crude prices slipping below the USD 100 a barrel mark. The resurgent dollar, coupled with demand concerns & disappointing economic data weighed on sentiment.
US markets see profit booking ahead of jobs report
The US equity markets declined as investors took profits ahead of a key government jobs report on Friday, and as energy shares extended losses after crude oil plunged below USD 100 a barrel.
Rupee likely to be weak on dollar's rally: Alpari India
Experts feels that the rupee is likely to be weak on the equity market cues & the dollar's rally globally.
Ganeshaspeaks: Market prediction for May 06
From 14:30 to 15:30, there may be a sudden correction and Nifty may complete the week with a short covering at the end.
