This Vikram Samvat year 2070, ending on Thursday, has proved the worst in 17 years in terms of return on investment in gold.
Bullish trends and a positive investor sentiment are likely to continue well into Samvat 2071. The Indian equity market’s prospects for next year remain healthy, though a continuation of the government’s economic reforms and global events will
It has been reported that the Union ministry of corporate affairs is to order the merger of the struggling and scandal-hit National Spot Exchange Ltd, or NSEL, with its parent company, Financial Technologies India Ltd, or FTIL.
According to sources, there has been a rise in organised individuals and syndicates indulging in fraudulent claim filings, leading to a challenging environment for investigatorsAn insurance claim investigator was recently attacked in West Bengal for
At the Reserve Bank of India (RBI)’s bi-monthly review of monetary policy on September 30, the central bank’s governor, Raghuram Rajan, had gone against the advice of most members of RBI’s technical advisory committee, showed minutes of
Alarmed at the currency risks that Indian companies are running on their books, the Reserve Bank of India (RBI) might consider making hedging mandatory if banks cannot persuade corporate customers to seek protection, several market sources told Reuters.
Wipro's revenue from the information technology services business for the quarter ended September was in line with its estimate, though it lagged some of its larger Indian peers in a few operating parameters.
Wipro, India's third-largest information technology (IT) services company, met its revenue growth forecast for IT services on Wednesday, but it disappointed on several parameters.
Stop loss shorts at 8,075. Stop long positions at 7,945. Big moves are unlikely and sentiment should be positive.
Rahul Khanna, till recently managing director of venture capital firm Canaan Partners, and Nilesh Kothari, former M&A head of Accenture India, have joined hands to set up a Rs 300-crore venture debt fund targeting high-growth start-up companies.
Biocon Limited, which announced its Q2 FY15 results on Tuesday, said despite many states offering sops for attracting investments, it's open to setting up projects in Karnataka.
Last Wednesday, Tata Steel announced a plan to sell off its long products division in Europe to the Geneva-based Klesch group, raising concerns yet again on whether the Corus acquisition was worth the hefty price of $13 billion.
The European Central Bank cautioned on Wednesday against speculation over the outcome of its stress tests after a media report said at least 11 banks had failed the landmark financial health checks, driving some banking shares lower.