Bangkok: Asia stock markets took a beating on Monday as signs that the US economic recovery might be shifting into reverse sent investors fleeing. A report on US hiring and employment in May pushed stock indexes to their biggest declines of the year on Friday. The Dow Jones industrial average fell 275 points, its biggest one-day decline since November. The dismal report came on the heels of earlier data that...
09:24 AM, Jun 04, 2012
New York: Don't let the hoodie and sneakers fool you. Mark Zuckerberg is no wet-behind-the-ears CEO. Facebook's chief executive turns 28 on Monday, setting in motion the social network's biggest week ever. The company is expected to start selling stock to the public for the first time and begin trading on the Nasdaq Stock Market on Friday. The IPO could value Facebook at nearly $100 billion, making it worth more...
08:01 AM, May 14, 2012
New York: The S&P 500 closed above 1,400 for the first time since the 2008 financial crisis on Thursday as stocks resumed the upward climb that has produced a steady stream of gains this year. The benchmark index is up for six of the past seven sessions and is on target for its best week since early February. Financial stocks, which have dragged lately, led the day with the S&P...
09:20 AM, Mar 16, 2012
Mumbai: A trust controlled by Wipro's billionaire founder Azim Premji plans to sell up to 35 million shares or around a 1.4 per cent stake in the Indian software company on the stock market via a new auction process to fund education projects. Premji and his family own about 79 per cent of India'a third-largest software exporter through various units that include the Azim Premji Trust, which will sell the...
04:39 AM, Mar 13, 2012
Mumbai: The BSE Sensex ended the special live trading session on a flat note as investors stayed away from the market ahead of state election results. The session, held today as the Bombay Stock Exchange (BSE) tested its Disaster Recover Site (DR), saw buying in select power, IT and banking stocks; while realty stocks came under selling pressure lower. Shares of EIH gained over 9 per cent after Reliance Industries...
11:49 AM, Mar 03, 2012
London: London Stock Exchange Group said on Tuesday it had struck a deal with Google to provide realtime quotes for trades on the London Stock Exchange and Borsa Italiana, information that traders currently pay a premium for. LSE said the move would make data that was previously available to Google users on a 15-minute delay as accessible as possible for retail investors. Jarod Hillman, Head of Real-Time Data at the...
05:44 PM, Feb 21, 2012
Mumbai: A lacklustre stock market saw the combined market capitalisation (m-cap) of six of the country's top-10 firms getting eroded by Rs 9,791 crore last week. Blue-chips that saw dip in their market value include Coal India Ltd (CIL), Infosys, NTPC, Bharti Airtel, SBI and HDFC Bank. Defying the trend, corporate bellwether RIL, IT giant TCS, state-owned ONGC and FMCG honcho ITC saw rise in their market wealth among the...
11:30 AM, Dec 25, 2011
Mumbai: The Reserve Bank of India will use all available tools to stem a fall in the rupee if the currency's downward spiral escalates and will take steps to keep liquidity in the country's markets at comfortable levels, a deputy governor said on Saturday. The partially-convertible rupee has fallen around 16.5 per cent from a 2011 high in July as risk-averse investors flee emerging markets, increasing worries for a government...
02:34 AM, Dec 04, 2011
Paris: European leaders rushed on Monday to stop a rampaging debt crisis that threatened to shatter their experiment in a common euro currency and devastate the world economy as a result. In a measure of how rapidly the peril has grown, ideas unthinkable even three months ago were being seriously considered, including having sovereign nations cede control over their budgets to a central European authority. World stock markets, glimpsing hope...
01:36 AM, Nov 29, 2011
Mumbai: Tracking firming global trend, the Bombay Stock Exchange (BSE) benchmark Sensex on Monday rose the most in two months by 567 points on buying by funds in IT, bank and metal stocks. The 30-share index shot up by 567.50 points to close at 16,416.33, the biggest jump since June 24. It touched the day's high of 16,462.03 in tandem with a firming trend in the Asian region and higher...
09:41 AM, Aug 29, 2011
Brussels: Stocks rose around the world on Tuesday as investors shrugged off signs of deteriorating economic sentiment in Europe and hoped the Federal Reserve would act to keep the US from sliding back into recession. Trading is expected to remain volatile this week as investors await a key speech by US Federal Reserve Chairman Ben Bernanke during an annual economics conference in Wyoming on Friday. The Fed already pledged to...
08:06 PM, Aug 23, 2011
New York: Stocks rose for a third straight day on Monday after Google and other companies announced acquisitions totaling more than $19 billion. The return of "Merger Monday" on Wall Street made investors more optimistic about the future. So did a report that showed Japan's economy shrank less than feared following the March 11 earthquake and tsunami. That helped temporarily ease worries about the US economy. The Dow Jones industrial...
08:24 PM, Aug 15, 2011
Washington: Global financial upheaval was on the agenda on Friday when President Barack Obama met with top executives from the US business community, the White House said. Chief executives from Johnson & Johnson, Wells Fargo & Co, US Bank, Xerox Corp, BlackRock Inc, Silver Lake Partners, American Express and US Steel all met with Obama to discuss the economy and the president's plans to create jobs. Obama held his latest...
07:15 AM, Aug 13, 2011
New York: Stocks are falling at the close of trading as investors' attention returns to the weak economy and Europe's debt problems. The Dow Jones industrial average is down 519, or 4.6 per cent, to 10,720. It's the third time in the last five trading days that the Dow lost more than 500 points. The S&P 500 is down 51 points, or 4.4 per cent, to 1,121. The Nasdaq is...
02:04 AM, Aug 11, 2011
New York: Stocks are rising at the closing of trading after the Federal Reserve said it has discussed policy moves it can make to spur the economy. The Fed also said growth has been slower than expected. The Dow Jones industrial average is closing up 429 points, or 4 per cent, to 11,239.77. Stocks rallied in the last hour of trading. Stocks initially fell after the Fed made its statement,...
02:16 AM, Aug 10, 2011
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
