Tata Steel's proposal to sell 57 million shares through a follow-on public offer could see the company dilute equity by around 6%.
Equity diversified NAVs ended higher with advance:decline ratio of 216:37 as the Equity benchmarks showed strong pull back in last minutes of trade to end flat led by short covering.
Twitter users tweet messages with regional dialects, using "suttin" for "something" if they are New Yorkers and "sumthin" if they are not, a new study found.
Bolstered by strong results last year, leading auction houses are hoping sales in London next month will ride an art market recovery after the sharp decline that sent prices tumbling in 2009.
Jefferies is leading a $180 mn term loan backing a bid by founder Hugh Hefner to take Playboy Enterprises Inc private, banking sources told Thomson Reuters LPC on Tuesday.
Banks should stop apologising for the mistakes which helped cause the financial crisis, Barclays Plc's new boss told British lawmakers, striking a defiant tone in a grilling over bonuses on Tuesday.
Internet-savvy police in Paris have started using social networks such as Facebook to appeal for witnesses to traffic accidents in a move some residents say smacks of Big Brother-style spying tactics.
With his focus on a clean image Prime Minister Manmohan Singh is likely to reshuffle the Cabinet after January, sources inform CNBC-TV18. The PM is looking for a cohesive Cabinet, they add.
A panel of ministers will review 500,000 tonnes of sugar permitted for overseas sales, two government sources said on Tuesday, a day after Farm Minister Sharad Pawar said plans to allow the exports were in place.
US stocks rose on Tuesday as the first major set of fourth-quarter earnings came in largely higher than expected, suggesting that the recent run-up in anticipation of results was justified.
BAE Systems has cancelled plans to sell part of its US commercial aerospace unit, deciding instead to keep the unit after reviewing the business' performance.
She's middle-aged, gray-haired and stays up all night. Still, Heidi the cross-eyed opossum is Germany's biggest media sensation, and she has not even made her debut at the Leipzig Zoo.
Open work spaces are all the rage, and a good way to encourage collaboration, but what do you do about the irritating noise? Harvard Business Review has some ideas.
Champagne glasses toasting Britain's upcoming royal wedding can now be washed up with an official tea towel after Buckingham Palace granted approval for a souvenir cloth, the Daily Telegraph reported on Tuesday.
Jindal Poly PAT up by 534.4% at Rs 221.09 Cr. and Revenue up by 89.21% to Rs. 782.95 cr.
Bankers, worried over the lukewarm pace of deposit growth, have expressed concerns over the effect of sharp rate increases on credit growth at a meeting with the central bank on Tuesday.
Goldman Sachs Group Inc, responding to pressure from shareholders, regulators and others, said it will disclose more information about how it makes money.
"The King's Speech" -- already widely tipped as an Oscar contender -- topped the British box office over the weekend, but the take failed to match the hype, according to figures from Screen International on Tuesday.
Outtakes from a documentary meant to help the cause of Ecuadorean farmers suing US energy giant Chevron Corp could become a liability for their case as a decision nears in the environmental damages lawsuit.
Belgium's caretaker government gave itself 24 hours on Tuesday to prepare budget cuts designed to calm financial markets unsettled by the country's heavy debt and political crisis, after an unusual intervention by the king.
REpower Systems AG (WKN 617703) – in which Suzlon Energy Limited is a majority shareholder with over 90 per cent holding – has concluded a contract for the delivery of 25 wind turbines with EverPower Wind Holdings, Inc. with an option to purchase an additional 85 units.
Reliance MediaWorks Ltd (RMW), India’s fastest growing film and entertainment services company and a member of the Reliance ADA group announced the launch of its Studio operations.
Parsvnath Developers Limited (“PDL”), one of India’s leading real estate and infrastructure providers, has inked an agreement with SUN-Apollo India Real Estate Fund LLC.
India's Petronet LNG is likely to buy four spot liquefied natural gas (LNG) cargoes in January-March quarter, its CEO and managing director AK Balyan said on Tuesday.
Prime Minister Manmohan Singh may reshuffle his cabinet this month, government sources said on Tuesday, in a move that may reveal how much support he is giving to some reformist ministers.