Asia extends stocks rally as upbeat US GDP calms nerves

Last Updated: Friday, August 28, 2015, 08:07

Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment, with Chinese stocks jumping for the second day following a rocky start to the week.

Asian shares cheered by Wall Street rally

Last Updated: Thursday, August 27, 2015, 18:41

Comments from a senior US Federal Reserve official that the case for a rate rise in September had weakened and upbeat durable goods data also boosted sentiment, pushing up the dollar.

In a first, ICICI launches loan product with mortgage guarantee

Last Updated: Wednesday, August 26, 2015, 22:42

The product, which is popular in the West, is targeted at the customers in the 40-plus age bracket as they are one of the largest segments of home buyers, executive director Rajiv Sabharwal said.

IOC settles with marginal gains on NSE

Last Updated: Wednesday, August 26, 2015, 17:25

Shares of IOC Wednesday settled for the day with marginal gain of 0.28 percent on the National Stock Exchange, in an otherwise volatile market.

Edelweiss Financial Services shares surge over 4%

Last Updated: Wednesday, August 26, 2015, 13:05

Shares of Edelweiss Financial Services Wednesday surged over 4 percent, after its subsidiary Edelweiss Tokio Life Insurance got necessary approval from FIPB to increase its FDI cap.

Chinese shares crash for the 2nd day, central bank cuts rates

Last Updated: Tuesday, August 25, 2015, 17:28

The benchmark Shanghai Composite Index fell 7.63 per cent to 2,964.97 points, following the 8.49-per cent loss in its worst daily slump since February 2007.

Shanghai stocks close down 7.63%, extending rout

Last Updated: Tuesday, August 25, 2015, 14:53

Shanghai stocks closed down 7.63 percent on Tuesday, piling on fresh heavy losses after their worst daily fall since 2007 sparked panic selling around the world.

Asian shares bounce off three-year lows while China's suffering goes on

Last Updated: Tuesday, August 25, 2015, 09:10

Global share markets have been hit by worries that the Chinese economy was growing at a much slower pace than Beijing`s 7 percent target for 2015.

IOC share sale begins amid bloodbath in market

Last Updated: Monday, August 24, 2015, 11:22

The government is looking to raise about Rs 9,302 crore from sale of 24.28 crore shares in IOC through a one-day OFS route at a floor or minimum price of Rs 387 apiece.

China shares plummet more than 8% by the break

Last Updated: Monday, August 24, 2015, 10:51

Chinese shares plummeted on Monday, wiping out the year`s gains and leading a slump across Asian equities as Beijing`s latest market intervention failed to restore confidence, with concern mounting about the stalling economy.

Gulf stocks plummet as oil prices plunge

Last Updated: Sunday, August 23, 2015, 20:49

Stock prices in Gulf states nosedived on Sunday in a massive market sell-off sparked by descending oil prices, with the Saudi and Dubai bourses leading the slide.

Yes Bank to decide on $1 bn share sale in H2

Last Updated: Sunday, August 23, 2015, 11:17

"We will decide about ADR/GDR or domestic issuance of shares in the second half of the current fiscal," Kapoor, Managing Director and CEO of Yes Bank said.