A look back: Why Infosys needs KV Kamath?
It was clear that NR Narayana Murthy’s successor would have to be a bold risk-taker. We bet on KV Kamath and got it bang on.
Satyajit Das: Double-edged Dollar
An integrated international financial system certainly reduces economic sovereignty of nations, as the European Union experiment has shown.
Credit Suisse cuts BEML target to Rs 926; stk down
BEML has slipped further today. It touched an intraday high of Rs 612.25 and an intraday low of Rs 595. At 09:24 hrs the share was quoting at Rs 600.50, down Rs 11.70, or 1.91%. Credit Suisse has cut BEML target price to Rs 926 from Rs 1384. It also slashes EPS estimate by 14-34% over FY11-13E, reports CNBC-TV18.
IOA lambasts sports min for losing sight of London Olympics
New Delhi, June 1 (PTI) The Indian Olympic Association today criticised the Sports Ministry for loosing sight of 2012 London Olympics and concentrating more on bringing in the "draconian" National Sports Development Legislation to mar the autonomy of NSFs.
Dismal US data stuns market; safe-havens soar
Investors stampeded out of stocks and into bonds on Wednesday as dismal US economic data led the S&P 500 to its worst day in 10 months and benchmark Treasury yields fell below 3.0% the first time since December.
All aboard the privacy-breach gravy train
The hacking of a Sony Corp customer database this spring has attracted class-action lawyers and consumers eager to cash in on the high-profile privacy breach.
Flip camera maker cooks up tech-heavy restaurant
The founder of the popular - and doomed - Flip video camera is turning to another consumer passion for his new business: food.
Alibaba's Ma offers Yahoo some advice: Break up
Alibaba founder Jack Ma didn't shed new light on his negotiations with Yahoo Inc and Softbank during an appearance at a conference on Wednesday, but he did offer some unexpected advice for Yahoo.
Punj Lloyd bags Rs 890cr contract; stock up 1%
Punj Lloyd has bagged contract of Rs 890 crore from Abu Dhabi company for onshore oil operations, reports CNBC-TV18. It touched an intraday high of Rs 66.10 and an intraday low of Rs 63.80. At 09:21 hrs the share was quoting at Rs 65.40, up Rs 0.65, or 1% on the NSE.
Delhi HC stops GMR from collecting ADF; stock down 3%
GMR Infrastructure touched an intraday high of Rs 34 and an intraday low of Rs 33.15. At 09:19 hrs the share was quoting at Rs 33.50, down Rs 1.10, or 3.18% on the NSE. Delhi High Court has stopped GMR from collecting Airport Development Fee in Delhi following PIL, reports CNBC-TV18.
Global cues drag Nifty below 5550; banks, ADAG, metals dip
Equity benchmarks slipped in the opening trade following weak global cues, tracking disappointing US manufacturing data and Moody's downgraded Greece. Financial, Anil Dhirubhai Ambani Group and metal companies' shares were seeing profit booking.
Crude oil may show weakness: Astromoneyguru
Today Crude oil expected to show weakness in commodities market.
LIC Housing Finance looks good: Astroprofit
LIC Housing Finance Ltd. incorporated on dated 19th June 1989. Today Moon is transiting over the 6th house from the natal Moon and other planetary combinations are indicating some upside in intraday.
Rupee opens at 44.97 per dollar
The Indian rupee opened at 44.97 per dollar versus 44.84 yesterday.
Nifty may slip to 5569-5545: Angel Broking
According to a report by Angel Broking, if Nifty trades below 5583 levels for the first half-an-hour of trade then it may correct up to 5569-5545 levels.
Moody's downgrades Greece ratings by 3 notches
Downgrading Greece's debt ratings by another three notches, a further blow to the struggling country, ratings agency Moody's signaled more downgrades are on the cards.
Global markets hurt, Nifty will cut down, says Udayan
The market has seen a couple of good days; however, it is likely to run into rough weather on Thursday morning, says CNBC-TV18’s Udayan Mukherjee.
Nifty 5500 Put adds 9.55 lakh shares in Open Interest
Total Stock Futures added 3 crore shares in open interest, which added 8.2 crore in last 4 days.
Stocks in news: Titan, Mastek, Sabero Org, Punj Lloyd, GMR
Titan industries | Mastek | Kavveri Telecom | Sabero Organics | Power Grid | Punj Lloyd | GMR | HDFC Bank and Hero Honda are stocks, which are in the news today.
FIFA approves change to voting system for World Cup hosts
FIFA approved plans to change the voting system used for choosing World Cup hosts on Wednesday following the re-election of Sepp Blatter as president.
GM, Ford report lower US auto sales in May
General Motors Co and Ford Motor Co reported slightly lower US vehicle sales in May as broader economic weakness and higher vehicle prices prompted consumers to delay major car purchases.
Mah Scorpio introduces entry-level Model: Scorpio Ex
Mahindra & Mahindra Ltd (M&M), a part of the USD 11.1 billion Mahindra Group, today announced the launch of Scorpio Ex, a new, entry-level offering from the Mighty Muscular Scorpio stable in Kerala.
US stocks: Indexes down more than 2%
US stocks extended losses in late trading on Wednesday, with all three major indexes down more than 2%. Financials and materials companies led the decline.
Nadal back to his best in nick of time
Defending champion Rafa Nadal cranked up his bid for a record-equalling sixth French Open title by routing Robin Soderling in Wednesday's quarter-final then changing his mind about whether he could triumph again.
