Investing News - Page 23

Sell-off in TCS, HCL Tech pulls Sensex down over 100 points
Indian markets ended near the low point of the day, dragged down by IT stocks due to the selloff in Tata Consultancy Services and HCL Tech, both of which reported stellar earnings in the September quarter. Infosys, which had posted strong numbers last week, also retreated.<br /><br />

US ending debt impasse a non event: Sensex flat, HCL Tech down
While the BSE Sensex opened 55 points higher at 20574, the Nifty was up 4 points at 6094. IT stocks were surprisingly down in trade on profit booking despite posting stellar results. <br /><br />

Twitter IPO: Investors are willing to look past losses for now
Investors willing to bet on Twitter Inc will have to overlook mounting losses and slowing user growth - and have faith that the eight-year-old Internet messaging company can transform a household name into advertising dollars.

Twitter filing reveals it will go public on 15 November: report
The accidental date reveals for the first time that Twitter plans for IPO on November 15, 2013 (counting back 90 days from the February 15 Employee restricted stock units tax Sale 3-month lockup)

NSEL defaults ninth time, pays Rs 28 cr against Rs 174.72 cr
With today's pay-out, NSEL settled about Rs 180 crore against Rs 5,600 crore dues to 13,000 investors.

Twitter picks NYSE for IPO, but losses triple
Twitter Inc revealed on Tuesday a tripling in quarterly losses as it prepares to list on the New York Stock Exchange in one of the year's most anticipated IPOs.

Live:Sensex slips into red, banks weak on inflation woes
Indian markets opened in the green with the Sensex up 130.56 points at 20738.10, and the Nifty up 34.85 points at 6147.55. However, shares of KM Birla led companies were in the red as the Central Bureau of Investigation has named Aditya Birla Group Chairman Kumar Mangalam Birla in its 14th FIR in the case.<br /><br />

Despite inflation gloom, Sensex ends at nearly one-month high
Indian markets closed higher for a fifth consecutive session even though India's headline inflation hit an eight month high, increasing the odds for yet another interest rate hike by the central bank at its policy review later this month.<br /><br />

Infosys pips RIL as second biggest weighting in Sensex
Infosys surpassed Reliance after the close of markets on Friday, rising 4.7 percent, while the energy conglomerate gained 0.4 percent.<br /><br />

Wockhardt plummets on UK ban but bigger worry is whether US will follow suit
Shares in Wockhardt fell by their daily limit of 5 percent on Monday after Britain's drug regulator revoked its good manufacturing practice certificate for one of the Indian drugmaker's production facilities.<br /><br />

Markets are flat, rupee weak ahead of inflation data
It's not a great start to Indian markets as both the BSE Sensex and NSE Nifty are marginally in red, tracking muted trend in other Asian markets. <br /><br />

Bank ATM goof-ups and how to handle them
Irrespective of which bank's ATM you use, ensure that you get in touch with your bank (the bank which has issued your debit card) and file the complaint. And if you don't get a timely resolution for your bank's side, don't hesitate to approach the banking ombudsman.

Nifty could breach its all-time high; corporate earnings hold the key
The stock market sentiment was positive during the just concluded week. The narrowing of trade data and the Infosys earnings played a key role in propelling the index up by 3% on a week-on-week basis.

Festive cheer: Sensex, Nifty are poised for record highs this Diwali
The Sensex and Nifty are poised for record levels this Diwali, three years since the indices touched record levels around 2010 Diwali. The Sensex and Nifty are trading at levels of 20,500 and 6100 as of 11th October 2013, off by 2.3% and 3.5% from record levels of 21004 and 6312 seen on the 5th of November 2010.<br /><br />

Why you should always check your bank balance statement
Sometimes you may be penalised for failing to meet certain requirements. Here's a real world example of what you need to watch out for.

Sensex gains 250 points thanks to rally in IT, realty stocks
Indian markets had a choppy session today but ended the day in green ahead of the earning season that kicks off tomorrow with Infosys announcing its quarterly results.

Good news: Filing online PF account transfer claims become a reality
At present over 30,000 employers or establishments have already registered their digital signatures with EPFO.

PSU banks cut rates on retail loans, but you should be wary
Dena Bank Ltd has a home and car loan combo deal where home loan will be a 10.25 percent while car loan would be 11.75 percent. While the bank's corporate salary account holders would get consumer durables at a discount of 100 basis, at 12 percent.<br /><br />

All you need to know about IFC's $1 bn offshore bond programme
Over the years, IFC has issued bonds in 13 local currencies in a number of countries around the world.<br /><br />

MCX, Financial Tech rally after Jignesh Shah, Massey quit board
MCX-SX, in which MCX owns a 4.99 percent stake, said late on Wednesday that Chief Executive Joseph Massey and key director Jignesh Shah had resigned, adding that India's market regulator had appointed a director on its board.<br /><br />

India will have 3 lakh millionaires by 2018: Credit Suisse
There are 1,760 ultra high net worth individuals with wealth over $50 million and 770 UHNWIs with more than $100 million in India

Mumbai police arrest top exec at NSEL; Shah and Massey quit MCX board
The investigators wanted to grill Mukherjee since 30 September, the day an FIR was registered in the case but he was allegedly evading cops.

Why you need to be careful when your bank changes your home loan rate
A simple online search on home loan complaints will throw various cases where banks have goofed up with customer's home loan agreement. It is thus wise to figure out what can go wrong in advance, so that you can be cautious and avoid having to face an unpleasant situation

SEBI allows use of Aadhaar e-KYC as identity proof
Aadhaar is already permitted as valid ID proof and address proof documents in the KYC procedures for opening of bank accounts, insurance, telecom and many other services.

Soon, Sebi to notify norms for listing of start-ups without IPO
Market regulator Sebi will soon notify new norms for listing of start-ups and small and medium enterprises on stock exchanges without having to make initial public offer (IPO).

Why YTM is one bond term you should know about
Financial English, it has a very different meaning. In financial instruments like bonds, there are six different types of yields. And knowing more about each of them becomes imperative if you want to get more bang for your buck. Today we bring you Yield to Maturity (or YTM).

Study abroad: How to select a suitable student travel insurance policy
What are the factors one must look into while choosing a plan?

Twitter gets 'buy' rating even before official listing
Twitter Inc's share price could almost double in its first year as a listed company, a brokerage firm said, issuing a "buy" rating on the stock even before the online messaging service goes public.

RBI eases short-term rates: What you need to know before market opens
10 things you should know before market opens.
