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Equity diversified NAVs ended lower with advance:decline ratio of 41:204 as the Indian equity benchmarks closed the session lower for third consecutive day amid an extremely choppy trade on Thursday, led by fall in heavyweights like SBI, Reliance Industries, Infosys, Bharti Airtel, BHEL, HDFC, Wipro, TCS and HUL.
Egyptian President Hosni Mubarak looked likely to step down on Thursday after more than two weeks of protests against his 30-year rule and the Islamist Muslim Brotherhood said it looked like there had been a military coup.
There are clear signs of a new internet bubble in corporate valuations, Google's chief executive Eric Schmidt said in an interview with a Swiss magazine on Thursday.
EBay Inc, seeking to cast off a perception that it is behind the curve, strove on Thursday to cast itself as a reinvented company and an innovator at the center of tech-driven e-commerce.
Noted argiculture scientist M S Swaminathan today said the current spike in food inflation is likely to persist for some time in urban India and described price rise as 'man-made'.
Egyptian Prime Minister Ahmed Shafiq told Britain's BBC that President Hosni Mubarak may step down and the situation in the country will be clarified soon, the British broadcaster said on Thursday.
Corporate social responsibility (CSR) will remain voluntary but with riders, reports CNBC-TV18’s quoting Ministry of Corporate Affairs (MCA) sources. It is learnt that companies should spend 2% net profit on CSR.
Tata Technologies Inc plans to recruit 2000 engineers for its India operations over the next 12 months, reports liveMint.com.
International Monetary Fund chief Dominique Strauss-Kahn on Thursday called for a greater role for China's yuan currency as part of a broad-based overhaul of the international monetary system.
Kolhapur-based Ratnakar Bank has raised equity funding from India's largest mortgage lender HDFC Ltd and consortium of private equity investors including Norwest Venture Partners, Beacon India Private Equity Fund, Cartica Capital, Faering Capital, Gaja Capital Partners and Samara Capital, among others.
Prime Minister Manmohan Singh today said the government is committed to tabling the National Food Security Bill in Parliament soon to provide a legal guarantee for cheaper rice and wheat to the poor.
The CBI today found certain irregularities in the export of iron ore in mining sites owned by Karnataka ministers Janardhana and Karunakara Reddy on the second day of its inspection.
India could lead the global economy in the 21st century if it takes further steps on economic reforms and opens up more sectors to foreign players, the US said today.
Prime Minister Manmohan Singh today said the government will focus on modernising the agricultural marketing system and brining in private players to this sector in the 12th Five Year Plan beginning 2012.
Former Telecom Minister A Raja was today remanded to CBI custody for four more days by a special CBI court along with Swan Telecom promoter Shahid Usman Balwa for questioning in connection with their role in the 2G spectrum allocation scam.
India's power output rose an annual 9.3% in January, faster than the previous month, on improved operations at coal-based plants.
New telecom licenses were issued in 2003 on first-come-first-serve (FCFS) basis at 2001 prices without any guidelines overlooking telecom regulator TRAI's recommendations, says the Patil committee report.
Good governance will never deter investors, and confidence in the Indian economic growth story remains high despite a Government crackdown on a handful of corporates for alleged violation of environmental norms, a top banker said today.
India gave state-run Steel Authority of India Ltd (SAIL) environmental approval for its its Chiria iron ore mines in Jharkhand on Thursday.
Lanco Infratech said on Thursday it plans to invest 13.70 billion rupees to make photovoltaic (PV) modules in a new plant in Chhattisgarh, as it bets big on India's lucrative solar sector.
Suzlon Q3 up by 35% at US$ 7.3 bn steadily improving performance
The government should be prepared for the implications of prolonged crisis in the Middle East, which would push up oil prices, the Reserve Bank of India's (RBI) governor said on Thursday.
Visaka Inds at its meeting on February 8, 2011 has approved Rs 12.50 crore for acquisition of 10% stake in Somerset Entertainment Ventures Singapore.
Allied Digital Services has its Board of Directors meeting on February 18, 2011 to consider buy back of its securities.
Deepak Nitrite Q3FY11 up by 21% at Rs 171.11 Cr revenues of Rs. 141.18 crore in Q3FY10.
