Mubarak to step down, leaves protesters impatient
President Hosni Mubarak said on Tuesday he would step down in September, offering a mixture of concessions and defiance to Egyptians who marched a million strong to demand that his 30-year-rule end immediately.
BlackRock CEO Fink gets $13 million bonus
BlackRock Inc, the world's biggest money manager, awarded Chairman and Chief Executive Laurence Fink a 2010 bonus of USD 13 million in restricted stock.
Google searching for executive missing in Egypt
Google Inc on Tuesday began a public search for an executive missing in Cairo, where the Internet company has offered tools to help Egyptians communicate amid chaotic protests.
Apple blocks Sony Reader app from iPhone
Apple blocks Sony Reader app from iPhone
GM, Chrysler lead as US auto sales rise
US auto sales jumped by about 18% in January, led by gains for General Motors Co and Chrysler as the two Detroit automakers restructured by the US government took share from rivals.
Stocks in news: Tata Steel, RComm, RIL, NMDC, Guj Ambuja
Gitanjali Gems | GVK Power | NTPC | Bank of India | IOC | Tata Steel | ONGC | SAIL | Reliance Communications | Reliance Industries | Unitech | NMDC | Gujarat Ambuja and Nakoda are stocks, which are in the news today.
Ganeshaspeaks: Market prediction for Feb 02
No matter which trend the market takes, whether it goes up or down, but Ganesha finds the day full of restlessness, anxiety and fear.
Crude oil declines 1.5%
LME Copper gained over USD 200/tonne yesterday, within striking distance of USD 10000/tonne. US Copper went up by 2%. Copper has gained over 8% in the last week.
Bond market to remain rangebound: Ramanathan K
The market is expected to be rangebound, awaiting appetite in the Friday auction. This in the midst of global uncertainties, mainly oil. Range for the day is seen at 8.15%-8.20%, says Ramanathan K, ING Investment Management.
Rupee likely to appreciate: Manis Thanawala
We expect the rupee to appreciate as the global stock market has shot up, says Manis Thanawala, Greenback Forex Services.
F&O cues: Total Nifty Futures up Rs 598 cr
F&O cues: Total Nifty Futures up Rs 598 crore and Total Nifty Options up Rs 5447 crore.
Market cues: FIIs net sell $196 mn
Market cues: FIIs net sell USD 196 million in cash market on Jan 31.
Support for Sensex at 17926-17619: Gaba
The crucial support on the Sensex on the downside is 17926-17619 and resistance at 18325.
Crude slips ahead of weekly oil inventory data
US crude prices fell ahead of the weekly oil inventory data. However, brent oil prices hit 28-month high settling at around USD 102 per barrel mark on oil supply concerns amid the growing unrest in Egypt.
Asian markets trading higher; Hang Seng, Nikkei gain
At 7: 50 am (IST), Asian markets were trading higher. Hong Kong's Hang Seng added 0.82% or 193.39 points at 23,676.34. Japan's Nikkei rose 1.91% or 196 points at 10,470.50. Singapore's Straits Times was up 0.63% or 19.99 points at 3,204.73.
Indian ADRs: Infosys, ICICI Bank up, MTNL down
Indian ADRs ended mostly in green on Tuesday. In IT space, Infosys was up 1.54% at $ 68.75, Wipro was up 0.68% at $ 13.27 and Patni Computers was up 0.9% at $ 20.21.
Wall St hits multi-year highs; Dow climbs above 12K mark
The US markets ended sharply higher hitting multi-year highs after erasing losses from earlier sell-offs despite unrest and turmoil in Egypt. The Dow continued its steady climb rising above the 12,000 mark for the first time since June 2008 while S&P rose above the 1300 mark.
S&P 500 closes above 1300 for 1st time since August 2008
The S&P 500 Index closed above 1,300-mark for the first time since August 2008 and Dow Jones Industrial Average above 12,000 level for the first time since June 2008, post strongest single session gain in eight weeks.
FIIs net sell Rs 1,037 cr in equities on Tues (prov)
FIIs were net buyers of Rs 730 crore in Index Futures and net buyers of Rs 1,022 crore in Index Options on February 01.
Bharti Airtel Q3 net profit seen down at Rs 1571 cr
India's lagest telecom operator Bharti Airtel is expected to report net profit of Rs 1,570.57 crore for the quarter ended December 2010, a fall of 5.44% as compared to Rs 1,661 crore in previous quarter.
Let's hope Mukherjee announces these reforms this budget
Raman was a silent participant in a discussion in the canteen, about savings taxes. One of them was lamenting that the pitiable Rs.1.5 Lakhs deduction for interest payment, was not even one third of what he was actually paying.
5 Budget reforms that would benefit you
Budget 2011 which is less than a months away will have a historical angle to it. It will mark the end of an era – the era of the almost five decade old Income Tax Act, 1961.
Budget countdown: What to expect?
Preparations for Budget 2011-12 must be in full swing and each and every movement of the finance ministry is being closely guarded.
NAVs end lower as markets slip
Equity diversified NAVs ended lower with advance:decline ratio of 5:250 as the unstoppable sell-off for 5th consecutive session dragged the Indian equity benchmarks to five-month lows on Tuesday despite positive global cues.
Sibal's telecom norms gets mixed reaction
Telecom minister Kapil Sibal's recent announcement of the broad contours of the new telecom policy has received mixed responses from mobile operators, reports CNBC-TV18’s Malvika Jain.
