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 />
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 />
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.
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)
With today's pay-out, NSEL settled about Rs 180 crore against Rs 5,600 crore dues to 13,000 investors.
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.
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 />
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 surpassed Reliance after the close of markets on Friday, rising 4.7 percent, while the energy conglomerate gained 0.4 percent.<br /><br />
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 />
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 />
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.
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.
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 />
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.
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.
At present over 30,000 employers or establishments have already registered their digital signatures with EPFO.
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 />
Over the years, IFC has issued bonds in 13 local currencies in a number of countries around the world.<br /><br />
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 />
There are 1,760 ultra high net worth individuals with wealth over $50 million and 770 UHNWIs with more than $100 million in India
The investigators wanted to grill Mukherjee since 30 September, the day an FIR was registered in the case but he was allegedly evading cops.
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
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.
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).
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).
What are the factors one must look into while choosing a plan?
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.
10 things you should know before market opens.