Equity

  • Infosys loses 8 per cent, Sun Pharma falls 5 per cent; Nifty ends below 6500 13-03-2014 09:29 AM

    Mumbai: After struggling with the bears, the market closed in negative terrain. The Nifty gave away the 6500-level, holding it well for five consecutive days. The Nifty ended down 23.80 points at 6493.10. The Sensex was down 81.61 points at 21774.61. About 1278 shares advanced, 1495 shares declined, and 141...
  • 4 investment segments to watch in 2014 16-01-2014 02:30 PM

    1. Real Estate The year 2013 was not really great when it came to investing in real estate. Prime areas in Mumbai actually saw a fall of around 10 percent, while the suburbs managed to maintain the price range. Real estate is a difficult business to understand. Since developers are...
  • Gold steady, but set for biggest annual loss in three decades 26-12-2013 03:33 PM

    Gold was little changed on Thursday in thin year-end trade, but looked set to post its biggest annual loss in more than three decades as rallying equities and optimism about a global economic recovery dented its safe-haven appeal. Worries this year that the US Federal Reserve will begin unwinding its...
  • Sensex plunges 406.08 points to close at 20,229.05 21-11-2013 09:27 AM

    Mumbai: In its biggest drop in over two months, the benchmark Sensex on Thursday plunged by 406.08 points on heaving selling triggered by fresh fears that US Fed would begin tapering its economic stimulus earlier than expected. In step with local stocks, rupee plummeted to 62.97 versus the US dollar,...
  • 20-member delegation of foreign institutional investors to visit UP 20-11-2013 10:38 AM

    A 20-member delegation of venture capitalists and foreign institutional investors will visit Uttar Pradesh on Thursday, an official said in Lucknow on Wednesday. The delegation is coming to Lucknow for exploring possibilities of active participation in infrastructure and industrial development projects in the state.The investors are scheduled to meet senior...
  • Sensex jumps 69 points on 'Mahurat trading' 03-11-2013 07:07 PM

    Mumbai: A benchmark index of the Indian equities markets rose 69 points in the special Diwali trading on Sunday, led by good buying support in auto, FMCG and oil and gas stocks. The 30 scrip sensitive index S&P Sensex of the Bombay Stock Exchange opened the special session at 21,278.08...
  • Little-known Hollywood investor Suhail Rizvi poised to score with Twitter IPO 05-10-2013 09:51 AM

    Los Angles/ San Francisco: When Twitter goes public in coming weeks, one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his picture from the Internet. Over the past two years,...
  • Government open to 100 per cent private equity in six airports 30-08-2013 06:13 AM

    The government is willing to allow 100 per cent equity by private companies to manage six government-owned airports. Under PPP model, management and operations of Chennai, Kolkata, Ahmedabad, Jaipur, Lucknow and Guwahati airports will be awarded to private players for a concession period of 30 years from the Airports Authority...
  • Chidambaram hopes undervalued rupee will find its appropriate level 27-08-2013 12:07 PM

    With rupee again crossing 65-to a dollar mark, Finance Minister P Chidambaram on Tuesday said the currency is undervalued and hoped it will find its appropriate level. "The rupee has overshot is true level, it is undervalued, We have to be patient, be firm, do whatever is required to be...
  • British regulator fines Indian-origin brokers, 2 others for RIL GDR manipulation 08-08-2013 07:03 PM

    London: British regulator FCA on Thursday fined an India-origin broker and two others in a case of financial market manipulation here by an Indian businessman in securities of Reliance Industries Ltd (RIL). While a 6 million pound (Rs 56 crore) fine has already been imposed on the Indian businessman, Rameshkumar...
  • Flipkart raises $200 million through private equity 11-07-2013 07:17 AM

    Mumbai: Flipkart has raised $200 million from a clutch of private equity funds, the company said on Wednesday, in what could be the single largest investment in an e-commerce company in the country. The money was raised from South African technology group Naspers Ltd and private equity funds Tiger Global...
  • Sensex ends flat on profit-booking ahead of RBI monetary policy 23-04-2013 09:44 AM

    Mumbai: The BSE benchmark Sensex on Tuesday ended flat with a small rise of 10 points as cautious investors indulged in profit-booking ahead of the monthly settlement in derivatives segment and the RBI monetary policy meet on May 3. Trading sentiment further influenced on a weakening Asian trend but better...
  • Germany presses India to hike insurance equity cap 11-04-2013 09:00 PM

    Berlin: Germany on Thursday pressed India to hike the foreign equity cap in the insurance sector and reduce tariffs on import of automobiles as a prelude to the much-awaited India-EU Free Trade Agreement even as the two countries signed six pacts including one under which a German loan of Euro...
  • Govt to infuse Rs 2000 crore into Air India 07-12-2012 02:15 PM

    New Delhi: India will infuse Rs 2000 crore in equity into ailing state-run carrier Air India as part of a turnaround and financial restructuring plan, a government statement said on Friday. Last year, the government had approved a $5.8 billion bailout plan for the national carrier. The latest equity infusion...
  • Govt to infuse Rs 4000 cr in SBI: CFO 05-12-2012 03:07 PM

    Mumbai: The government is looking to infuse Rs 4000 crore in State Bank of India, a bank executive of the country's biggest lender said on Wednesday. "What mode it will be is being discussed," said Diwakar Gupta, managing director and Chief Financial Officer at SBI. "We have given various options...
  • Govt lets foreign individuals invest in stock markets 02-01-2012 08:37 AM

    New Delhi: India will allow individual foreign investors direct access to its stock market from January 15, the government said on Sunday, the latest step to liberalise Asia's third-largest economy after a year of big losses on the benchmark Sensex index. Previously, foreign nationals were limited to investing in India's...
  • RBI intervention will not stop rupee fall: Pranab 22-11-2011 12:57 PM

    New Delhi: With the rupee falling to a lifetime low, Finance Minister Pranab Mukherjee on Tuesday said RBI intervention in the forex market will not arrest the slide as FIIs' pullout and global reasons were behind the depreciation. "RBI intervention (in the forex market) will not help," he told reporters...
  • HSBC Mutual Fund's gear up for global collaboration 01-11-2011 02:12 PM

    After a lacklustre performance in the last three years in the equity category, HSBC Mutual Fund is gearing up for some serious changes. Tushar Pradhan, the chief investment officer (CIO) of HSBC Mutual Fund, has been given the responsibility to manage the HSBC Equity Fund along with three other equity...
  • Google, PE firms mull bid for Yahoo: WSJ 23-10-2011 08:08 AM

    Chicago: Google Inc has spoken to at least two private equity firms about possibly helping them finance a deal to buy Yahoo Inc's core business, The Wall Street Journal reported on Saturday, citing a person familiar with the matter. Google and prospective partners have held preliminary discussions but have not...
  • Yang eyes Yahoo buyout with private equity 10-10-2011 08:06 AM

    New York: For the last few years, a widely circulated joke about Jerry Yang was that he had the best tan in Silicon Valley from all the time he spent on Stanford University's golf course. But the jests stopped about six months ago, when the Yahoo Inc co-founder and former...
  • Rogue trader suspected in $2 bn loss at UBS 16-09-2011 08:52 AM

    London: One man armed with only a computer terminal humbled a venerable banking institution yet again. This time it was Swiss powerhouse UBS, which said on Thursday that it had lost roughly $2 billion because of a renegade trader. The arrest of 31-year-old equities trader Kweku Adoboli in London is...
  • Fed expectations bring markets back from the brink 09-08-2011 11:56 PM

    Markets swing in volatile trade, Some recovery mid-session over talk of policy action by the US Fed. ...
  • Team India's brand equity climbs after WC win 04-04-2011 08:34 PM

    New Delhi: Several governments have already showered crores of rupees as prize money on the World Cup winning squad, but that's not the end of the windfall for the cricketers. The win also means that more endorsements could come their way. Its India's biggest cricketing moment and the cup has...