China's Baidu to buy back $1 billion shares after investor selldown

Last Updated: Thursday, July 30, 2015, 16:57

Baidu Inc, China`s biggest internet search engine company, said on Thursday it will buy back shares worth $1 billion after the company`s stock price slid following a weak earnings report earlier this week.

Pfizer lifts forecast despite hit from strong dollar

Last Updated: Tuesday, July 28, 2015, 18:39

Pfizer reported a dip in second-quarter profits Tuesday, but boosted its forecast due in part to higher revenues from cancer drugs and global vaccines.

MRF Q3 net surges 94% to Rs 447 crore

Last Updated: Monday, July 27, 2015, 16:44

Tyre manufacturer MRF on Monday reported a 94.07 percent surge in standalone net profit at Rs 446.81 crore for the third quarter ended June 30.

Bajaj expects market share in bikes to touch 23% by fiscal-end

Last Updated: Sunday, July 26, 2015, 12:37

The company, which sells various popular motorcycle models including Pulsar, Discover and Platina, currently has a market share of 18 per cent in the domestic market.

Govt sets Power Finance offering base price at Rs 254/share

Last Updated: Saturday, July 25, 2015, 20:32

The government has set the base price for the offering of shares in state-run Power Finance Corp Ltd at Rs 254 a share, the company said on Saturday, a discount of 2.1 percent from Friday`s close.

Tata Teleservices shares surge 20%; hit upper circuit

Last Updated: Monday, July 20, 2015, 19:11

Tata Teleservices (Maharashtra) shares Monday surged 20 percent amid reports that the Tata Group has offered to buy out Japanese telecom major NTT Docomo's 26.5 percent stake in unlisted Tata Teleservices for Rs 23.34 a share.

RIL to sell 3.1% in Network18 tomorrow; may get Rs 173.55 cr

Last Updated: Tuesday, July 7, 2015, 20:22

Reliance Industries Ltd (RIL) will sell 3.10 percent stake in media and entertainment firm Network18 tomorrow at a floor price of Rs 53.40 per share, which would fetch the company at least Rs 173.55 crore.

LIC targets 3 cr new policy sales this year, Q1 premia up 31%

Last Updated: Sunday, July 5, 2015, 15:17

Life Insurance Corporation, which has seen its market share steeply falling below the 70 per cent mark last fiscal for the first time, has set an ambitious target of selling as many as 3 crore new policies worth around Rs 31,000 crore this fiscal year.

Flipkart ranked second in top global book sellers

Last Updated: Tuesday, June 30, 2015, 19:24

Flipkart is the only Indian brand to be ranked among the top five, says the survey report 'Top 40 Global Bookstore Mind Share' (BMS Index).

Global equity market deals top $500 billion but banker fees fall

Last Updated: Tuesday, June 30, 2015, 11:49

Money raised in global equity capital markets rose in the first half of the year to top USD 500 billion, but bankers` fees fell as secondary share sales supplanted lucrative stock market listings as the dominant deals.

Sensex heads for longest winning streak in nearly five months

Last Updated: Tuesday, June 23, 2015, 15:00

The BSE Sensex rose on Tuesday, heading for an eighth straight session of gains, its longest winning streak in nearly five months, on renewed optimism over Greek debt talks, while state-run banks increased on hopes of capital infusion.

100.76 mn broadband subscribers in India till April

Last Updated: Saturday, June 20, 2015, 19:32

The top five service providers constituted a 83.40 percent market share of the total broadband subscribers at the end of April 2015, the Telecom Regulatory Authority of India (TRAI) said.