Welcome Guest
»

Top Business Stories

Hypo Austria aims to build bridges with India
VIENNA (Reuters) - Hypo Alpe Adria AG , the domestic banking unit of Austrian nationalised lender Hypo Alpe Adria International just sold to a British-Indian investor, said it aims to build bridges to develop business between Europe and India.
Posted on : 2013-12-19 13:05:18
Accenture revenue rises as outsourcing demand grows
(Reuters) - Accenture Plc reported a 2 percent rise in quarterly revenue as demand for outsourcing services helped to offset a drop in income from its bigger consulting business.
Posted on : 2013-12-19 12:24:34
Rupee falls for third day; taper effect minimal
MUMBAI (Reuters) - The rupee fell for a third session on Thursday, in line with emerging market currencies as the U.S. Federal Reserve began its long-awaited tapering, but losses were minimal as the currency is seen less vulnerable on a sharply lower current account gap.
Posted on : 2013-12-19 12:23:02
Tesco to take India plunge after political assurances
MUMBAI (Reuters) - It took months of arm-twisting and assurances from New Delhi to persuade British retailer Tesco Plc to take the plunge and become the first foreign player to set up a chain of supermarkets in India.
Posted on : 2013-12-19 12:08:49
Dassault hopeful to seal India Rafale deal in coming months
PARIS (Reuters) - Dassault Aviation hopes to seal a deal to sell 126 Rafale fighter jets to India in the next few months, its chief executive said on Thursday.
Posted on : 2013-12-19 11:58:46
Tesco plans cautious entry after assurances by India
MUMBAI (Reuters) - It took months of arm-twisting and assurances from New Delhi to persuade British retailer Tesco Plc to take the plunge and become the first foreign player to set up a chain of supermarkets in India.
Posted on : 2013-12-19 11:57:08
India gold eases to two-month low, premiums fall
MUMBAI (Reuters) - Gold futures fell more than 1 percent on Thursday to their lowest level in more than two months, tailing overseas leads though a weaker rupee kept the downside limited, while premiums eased in the domestic market.
Posted on : 2013-12-19 11:54:03
Vodafone gets $604 million tax demand from Indian authorities
REUTERS - Vodafone Group Plc has received a final tax demand of about $604 million from Indian authorities, adding to its tax disputes in the country since it bought Hutchison Whampoa's mobile business there in 2007.
Posted on : 2013-12-19 11:45:43
Zuckerberg to sell Facebook shares worth about $2.3 billion
REUTERS - Facebook Inc's Chief Executive Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion as part of an offering of 70 million Class A common shares of the social network.
Posted on : 2013-12-19 11:42:21
BSE Sensex falls 151 points after Fed begins tapering
MUMBAI (Reuters) - The BSE Sensex slipped on Thursday, falling for a seventh session out of eight, as blue chips such as ICICI Bank declined after the U.S. Federal Reserve announced the start of its tapering, raising concerns about foreign selling.
Posted on : 2013-12-19 11:37:55
Tesco plans cautious India entry after arm-twisting by politicians
MUMBAI (Reuters) - It took months of arm-twisting and assurances from New Delhi to persuade British retailer Tesco Plc to take the plunge and become the first foreign player to set up a chain of supermarkets in India.
Posted on : 2013-12-19 11:21:09
Sensex falls on worries taper may check foreign flows
MUMBAI (Reuters) - The BSE Sensex slipped on Thursday, falling for a seventh session out of eight, as blue chips such as ICICI Bank declined after the U.S. Federal Reserve announced the start of its tapering, raising concerns about foreign selling.
Posted on : 2013-12-19 11:05:29
India revises list of foreign firms that can sell crude, adds ENI - sources
NEW DELHI (Reuters) - India has added Italy's ENI to a list of foreign firms that can sell crude oil at official prices to state refiners, sources said, in the first such revision to the list since 2001.
Posted on : 2013-12-19 10:56:39
Gold stumbles to six-month low after Fed stimulus trim
LONDON (Reuters) - Gold slid more than 1 percent on Thursday to its lowest since late June after the U.S. Federal Reserve took its first step away from the ultra-loose monetary policy that had helped drive bullion prices to record highs in recent years.
Posted on : 2013-12-19 10:23:10
Sensex falls as Fed taper ignites foreign investor sales concern
MUMBAI (Reuters) - The BSE Sensex fell on Thursday, marking its seventh losing session out of eight as blue chips such as ICICI Bank fell after the U.S. Federal Reserve announced the start of its tapering, raising concerns about foreign investor sales.
Posted on : 2013-12-19 10:09:55
European shares rally as Fed sugar-coats taper move
LONDON (Reuters) - European shares rallied on Thursday after the Federal Reserve sugar-coated the decision to start winding down its crisis-era stimulus with a promise to keep record low interest rates in place even longer than previously signalled.
Posted on : 2013-12-19 09:31:33
Chidambaram, markets take Fed tapering in stride
NEW DELHI/MUMBAI (Reuters) - India is better prepared than it was months ago to deal with the Federal Reserve's reduction of its monetary stimulus, Finance Minister P. Chidambaram said on Thursday, as the rupee fell only slightly in the wake of the once much-feared decision.
Posted on : 2013-12-19 08:56:19
BSE Sensex falls over 100 points as Fed starts tapering
Reuters Market Eye - The BSE Sensex falls after the U.S. Federal Reserve announces the start of its tapering, raising some concerns about foreign investor sales. The BSE Sensex was down 0.5 percent and Nifty fell 0.6 percent at 1.55 pm.
Posted on : 2013-12-19 08:25:22
Rupee gains; state-run, foreign banks sell dollars
Reuters Market Eye - The rupee is off lows, which dealers attribute to dollar selling from state-run, foreign banks. The rupee is at 62.27/28, down from an intraday low of 62.48. The unit had closed at 62.09/10 on Wednesday.
Posted on : 2013-12-19 07:54:07
Wockhardt surges on listing of unit in Europe
Reuters Market Eye - Shares in Wockhardt Ltd rise 6 percent, heading towards their third consecutive day of gains, ahead of the listing of unit Wockhardt Bio AG on the Berne Stock Exchange in Switzerland later in the day.
Posted on : 2013-12-19 07:23:52
  • Live
  • Upcomming
  • Completed