U.S. software firm iGate said it cancelled a press conference it had scheduled for Monday, at which it was expected to announce a deal with Apax Partners for a majority stake in India's Patni Computer Services for more than $900 million.
December was the best month for the Dow Jones since December 2003, the best for the S&P 500 since December 1991, and the best for the Nasdaq since December 1999.
Watches and paints sectors will be getting astrological support, says Satish Gupta of astrostocktips.
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Gold rose on Friday, notching up its strongest annual performance since 2007 and marking a fifth straight month of gains in December, driven by a weaker dollar and global economic uncertainty.
The European Central Bank faces another crucial year in 2011. Below are the five key issues facing the bank as it tries to steer the euro zone out of the ongoing debt crisis.
A bomb killed at least 21 people outside a church in the Egyptian city of Alexandria early on New Year's Day and the Interior Ministry said a foreign-backed suicide bomber may have been responsible.
India plans to overhaul its decade-old telecoms policy, framing new rules on mergers and on radiowaves, Telecoms Minister Kapil Sibal said on Saturday, seeking to revamp a high-growth sector hit by several scandals.
The German economy likely had post-unification record growth in 2010 despite severe winter weather that curtailed activity in December, Economy Minister Rainer Bruederle said on Saturday.
National Textile Corporation (NTC) has raised 1.46 billion rupees ($32.46 million) by selling two of its surplus mill lands in the western Indian city of Gujarat via e-auctions.
India's third largest steelmaker, JSW Steel Ltd, has emerged as the highest bidder for debt-laden steel producer Bellary Steel & Alloys Ltd, a report in the Business Standard newspaper said on Saturday.
President Barack Obama has set his New Year's resolution high for 2011: repair the struggling U.S. economy.
Oil prices hit a 26-month high over USD 92 a barrel on Friday, closing the year up 15% on expectations that the economic recovery will drive demand growth next year and send prices into triple digits.
With all of the stimulus coming from the Federal Reserve and the tax-cutting Congress, 2011 should be a banner year for the U.S. economy and your money, right? Unless, of course, a double dip in housing, weak state budgets and persistent lack of hiring dooms everything.
French President Nicolas Sarkozy said on Friday he would fight to shield the euro as the currency's members struggle with a debt crisis and vowed to fufil France's commitments to improve its own finances.
New Millennium Capital Corp said it is in talks with India's Tata Steel to extend the exclusivity agreement, which expired on Friday, for the development of its iron ore projects in Quebec.
RBI launches Order Books, Inventories and Capacity Utilisation Survey : Round 12
RBI launches Quarterly Industrial Outlook Survey for January-March 2011
On December 31, 2010 Raga Finvest Limited boyght 209,878 shares of Usher Agro at Rs 92.76 on the BSE and Sanghai Commercial & Credits Pvt Ltd bought 200,000 shares at Rs 92.69.
On December 31, 2010 ITF Mauritius sold 230,000 shares of Surana Ind at Rs 299.77 on the BSE. Praiseworth Real Estates Pvt Ltd bought 175,000 shares at Rs 305. Yesterday the share closed at Rs 289.90.
On December 31, 2010 Arrow System Pvt Ltd. bought 159,000 shares at Rs 151.49 on the BSE. However, Ramakrishna Reddy Gorrepati sold 160,000 shares at Rs 151.49. Yesterday the share closed at Rs 151.50.
On December 31, 2010 Cartier Leafin Pvt Ltd sold 283,000 shares of Great Offshore at Rs 390 on the BSE. Yesterday the share closed at Rs 386.75.