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Govt raises onion export price to cool local prices
NEW DELHI (Reuters) - India has raised the minimum export price for onion by 67 percent to augment domestic supply and curb price rise, a government statement said on Wednesday.
Posted on : 2014-07-02 07:26:58
Facebook seeks India revenue boost with 'missed call' ads
SAN FRANCISCO (Reuters) - Facebook Inc wants its users in India to hang up on advertisers.
Posted on : 2014-07-02 07:26:04
Shares of Apollo Hospitals gain; Citi raises price target
Reuters Market Eye - Shares of Apollo Hospitals Enterprises Ltd gain as much as 3.4 percent after Citigroup raises its price target for the company to 1,140 rupees from 960 rupees, with a 'buy' rating on the stock.
Posted on : 2014-07-02 07:17:08
Asia shares score three-year high on economic optimism
SYDNEY (Reuters) - Asian stocks scored a three-year peak on Wednesday in the wake of upbeat global economic data that whetted risk appetites and helped Wall Street taste all-time highs.
Posted on : 2014-07-02 06:38:59
Farmers await rains after slow start to monsoon
LASALGAON, Maharashtra(Reuters) - Pramod Patil's 40-acre field in Lasalgaon usually turns green around now with germinated soybean and corn seeds, but this year he has yet to begin planting because of scanty monsoon rains in Maharashtra.
Posted on : 2014-07-02 06:25:32
Analysis - Global investors pare risky bond holdings, brace for sell-off
NEW YORK (Reuters) - Some of the biggest global investors have started to pull back from riskier fixed-income assets even as the Federal Reserve keeps on a green light for risk.
Posted on : 2014-07-02 05:19:58
Sensex hits life high; Jaitley adds to budget optimism
MUMBAI (Reuters) - The BSE Sensex and Nifty rose to record highs on Wednesday after Finance Minister Arun Jaitley's comment on Tuesday that "mindless populism" in policymaking needed to be checked stoke expectations of a pragmatic budget on July 10.
Posted on : 2014-07-02 05:14:55
Investment banks jockey for $100 million Samsung restructuring bonanza
HONG KONG/SEOUL (Reuters) - Investment bankers are jostling to win plum roles from the founding Lee family of Samsung Group, South Korea's top fee-payer, as it prepares to hand the baton to the next generation in a restructuring that could land more than $100 million in advisory fees alone.
Posted on : 2014-07-02 04:40:31
Rupee rises in early trade; custodians sell dollars
Reuters Market Eye - The rupee is marginally higher at 60.03/04 versus its Wednesday close of 60.07/08, as custodian banks sell dollars.
Posted on : 2014-07-02 04:22:17
UK data regulator probes Facebook over psychological experiment - FT
(Reuters) - The Information Commissioner's Office (ICO) in the UK is investigating whether Facebook Inc broke data protection laws when it allowed researchers to conduct a psychological experiment on users of the social network, the Financial Times reported.
Posted on : 2014-07-02 03:45:06
Asia shares score 3-year high on economic optimism
SYDNEY (Reuters) - Asian stocks scored a three-year peak on Wednesday after a round of upbeat global economic data whetted risk appetites and helped Wall Street taste all-time highs.
Posted on : 2014-07-02 03:27:07
Asia shares score 3-year high as data cheers
SYDNEY (Reuters) - Asian stocks scored a three-year peak on Wednesday after a round of upbeat global economic data whetted risk appetites and helped Wall Street taste all-time highs.
Posted on : 2014-07-02 02:01:35
JPMorgan's Dimon has throat cancer, to begin treatment shortly
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon said he has been diagnosed with throat cancer but that the ailment is curable and he plans to remain actively involved in the business and continue to run the largest U.S. bank.
Posted on : 2014-07-02 01:11:54
JPMorgan CEO Dimon says has curable throat cancer
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon told the bank's employees and shareholders on Tuesday that he has been diagnosed with curable throat cancer.
Posted on : 2014-07-01 23:28:16
Two counts tossed in Rajaratnam brother's insider trading trial
NEW YORK (Reuters) - A U.S. judge on Tuesday dismissed two securities fraud counts against Rengan Rajaratnam, the younger brother of Galleon Group founder Raj Rajaratnam, in a surprise development in the federal criminal insider trading case.
Posted on : 2014-07-01 23:04:52
Dow, S&P end at records in fireworks before the Fourth
NEW YORK (Reuters) - The Dow and the S&P 500 closed at record highs on Tuesday as manufacturing activity picked up in the United States and Asia and increased optimism about the global economy's health.
Posted on : 2014-07-01 21:42:15
SAT dismisses Reliance Industries' appeal for settlement with SEBI
MUMBAI (Reuters) - The Securities Appellate Tribunal (SAT) on Monday dismissed an appeal by Reliance Industries Ltd seeking an opportunity to settle a case with the Securities and Exchange Board of India (SEBI) involving suspected illegal trading by the energy conglomerate in one of its subsidiaries.
Posted on : 2014-07-01 20:36:32
Dow, S&P end at records, starting July with a bang
NEW YORK (Reuters) - U.S. stocks rallied on Tuesday, with both the Dow and S&P 500 setting record closing highs on the first trading day in July as manufacturing activity picked up in the United States and Asia, increasing optimism about the global economy's health.
Posted on : 2014-07-01 20:28:14
NYSE to run software tests for trading firms ahead of Alibaba IPO
NEW YORK (Reuters) - The New York Stock Exchange said it will hold a test run of Alibaba Group Holding's highly anticipated market debut, reflecting the securities industry's focus on risk controls after a raft of technical snafus in recent years.
Posted on : 2014-07-01 17:46:53
Arun Jaitley says "mindless populism" needs to be checked
NEW DELHI (Reuters) - A high fiscal deficit and inflation are major challenges for India, Finance Minister Arun Jaitley said on Tuesday, adding that "mindless populism" in policymaking needed to be checked.
Posted on : 2014-07-01 16:41:44
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