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Sectors and stocks in focus as Donald Trump set to become 47th US president

Sectors and stocks in focus as Donald Trump set to become 47th US president

Wed, Nov 06, 2024

Markets react positively as Donald Trump looks set to become the 47th US President, with analysts focusing on key sectors like banking, energy, and IT amid currency fluctuations and bond yield shifts.

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Thu, Oct 31, 2024

The flights, which have been cancelled during the peak travel period, include services to San Francisco and Chicago, among others, the source said.

Indian Travelers Beware: Police Intensify Action on Counterfeit Products

Indian Travelers Beware: Police Intensify Action on Counterfeit Products

Thu, Jun 20, 2024

Big news for Indians going to US, police strictness on carrying fake products of big brands. See complete details in this video.

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$505 billion outflow of black money from India 'heavily exaggerated', DRI informs SC

$505 billion outflow of black money from India 'heavily exaggerated', DRI informs SC

Sun, Jun 12, 2016

The report had created quite a stir in the country following which the Special Investigation Team (SIT), headed by former Supreme Court judge Justice M B Shah, had in February this year asked the DRI to ascertain the veracity of the findings.

Tourist arrivals on e-visa surges 180% in May

Tourist arrivals on e-visa surges 180% in May

Sat, Jun 11, 2016

USA was the top source country availing e-Tourist Visa facilities with 18.52%.

Forces effecting crude oil price rise; What happens to India?

Forces effecting crude oil price rise; What happens to India?

Thu, Jun 09, 2016

According to Finance Minister, Arun Jailtey, current price highs won't harm India much but higher rates will torment the economy resulting in inflationary pressure.

Infosys stocks down nearly 5% after COO warns about 'quarterly bumps'

Infosys stocks down nearly 5% after COO warns about 'quarterly bumps'

Thu, Jun 09, 2016

Speaking at the Citi India Investor Conference, Infosys chief operating officer (COO) UB Pravin Rao said the company would face volatility over the next few quarters, due to weaker spending from retail, energy and insurance sectors.

Infosys will face volatility over next few quarters: UB Pravin Rao

Infosys will face volatility over next few quarters: UB Pravin Rao

Thu, Jun 09, 2016

Speaking at the Citi India Investor Conference, Infosys chief operating officer (COO) UB Pravin Rao said the company would face volatility over the next few quarters, due to weaker spending from these sectors.

Rupee strengthens by 37 paise against dollar in early trade

Rupee strengthens by 37 paise against dollar in early trade

Mon, Jun 06, 2016

Rupee strengthened by 37 paise to 66.88 against the US dollar in early trade at the Interbank Foreign Exchange market on increased selling of the American currency by exporters amid foreign fund inflows.

Sun Pharma divests two US-based manufacturing units to Frontida BioPharm

Sun Pharma divests two US-based manufacturing units to Frontida BioPharm

Sun, Jun 05, 2016

The US-based firm has also agreed to offer employment to all production, quality and administrative personnel at the sites.

Reliance Industries' subsidiary invests nearly Rs 107 crore in US-based startup

Reliance Industries' subsidiary invests nearly Rs 107 crore in US-based startup

Wed, Jun 01, 2016

According to the company's statement, on conversion of the investment or preferred shares, Reliance Industrial Investments and Holdings Ltd (RIIHL) will get 40% of the equity or 1.50 crore shares of NetraDyne.

SoftBank's Nikesh Arora receives $73 million pay package in FY16

SoftBank's Nikesh Arora receives $73 million pay package in FY16

Sun, May 29, 2016

The pay package of Arora, already Japan's highest paid executive, is in the same range as of Apple's Tim Cook and Walt Disney's Bob Iger.

Janet Yellen hints at interest rate hike in coming months

Janet Yellen hints at interest rate hike in coming months

Sun, May 29, 2016

The Federal Reserve should raise interest rates "in the coming months" if the economy picks up as expected and jobs continue to be generated, the US central bank chief Janet Yellen said on Friday, bolstering the case for a rate increase in June or July.

Microsoft, Facebook to build transatlantic subsea cable from US to south Europe

Microsoft, Facebook to build transatlantic subsea cable from US to south Europe

Fri, May 27, 2016

The 6,600 km cable, the first to connect the United States with southern Europe, will be operated and managed by Telefonica SA's telecoms infrastructure unit Telxius

Reliance Industries leads the pack of 56 Indian firms in Forbes list

Reliance Industries leads the pack of 56 Indian firms in Forbes list

Thu, May 26, 2016

Mukesh Ambani-led Reliance Industries leads the pack of 56 Indian firms in Forbes' annual list of the world's 2,000 largest and most powerful public companies, with the US leading the list with 586 companies.

PM Modi hopeful about passage of GST bill in 2016

PM Modi hopeful about passage of GST bill in 2016

Thu, May 26, 2016

Expecting the long-pending GST bill to get passed this year, Prime Minister Narendra Modi has said any efforts to amend this law at central level are "over now" and it is up to individual states to pursue any changes.

Rupee gains 4 paise against dollar in early trade

Rupee gains 4 paise against dollar in early trade

Thu, May 26, 2016

Forex dealers said weakness in the US dollar against other currencies overseas supported the rupee.

Monsanto to reject $62 billion Bayer bid, seek higher price: Sources

Monsanto to reject $62 billion Bayer bid, seek higher price: Sources

Tue, May 24, 2016

Monsanto Co will reject Bayer AG`s $62 billion acquisition bid and seek a higher price, two people familiar with the matter said on Tuesday.

Nokia likely to cut 10,000 to 15,000 jobs worldwide: Union

Nokia likely to cut 10,000 to 15,000 jobs worldwide: Union

Tue, May 24, 2016

Nokia kicked off the programme in April with a target to slash 900 million euros (nearly $1 billion or Rs 6,652.8 crore) of operating costs by 2018, but it has yet to give a figure for how many jobs will be reduced in total.

Oil prices little changed as dollar gains, US drawdown seen

Oil prices little changed as dollar gains, US drawdown seen

Tue, May 24, 2016

The US commercial crude oil stocks fell by around 2.5 million barrels to 538.8 million in the week ended May 20, a preliminary Reuters analysts' poll taken ahead of weekly industry and official inventory data showed on Monday.

German pharma firm Bayer announces $62 billion offer for Monsanto

German pharma firm Bayer announces $62 billion offer for Monsanto

Mon, May 23, 2016

Bayer said on Monday that the offer represented a 37% premium over the closing price of Monsanto shares on May 9, before rumours of a planned bid emerged.

Asian oil prices slip on strong dollar, firm global supplies

Asian oil prices slip on strong dollar, firm global supplies

Mon, May 23, 2016

In a further sign of abundant supply, the number of rigs operated by US drillers was steady last week for the first time this year.

Oil hits 2016 peaks on fading supply glut fears

Oil hits 2016 peaks on fading supply glut fears

Sat, May 21, 2016

"Production outages in Canada and Nigeria continue to support prices," wrote Capital Economics analysts Caroline Bain and Julian Jessop in a research note.

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