Top 6 Sensex firms lose Rs 62,808 cr in m-cap, TCS takes big hit

Last Updated: Sunday, July 12, 2015, 13:47

RIL, ONGC, ITC, Infosys and HDFC were among the losers last week, while HDFC Bank, CIL, Sun Pharmaceutical and SBI made gains in market valuations.

China stocks jump as government restores faith

Last Updated: Friday, July 10, 2015, 16:19

Chinese stocks surged for a second day on Friday as a government rescue plan offered a respite from a month-long rout, but analysts warned of further uncertainty and volatility ahead.

Oil service firms jostle for India orders amid global spending cuts

Last Updated: Thursday, July 9, 2015, 10:18

State-run Oil and Natural Gas Corp (ONGC) plans to boost its capital spending by more than a fifth to 362.49 billion rupees ($5.7 billion), in stark contrast to analysts` forecasts for energy firms globally to cut spending by a fifth in 2015.

Asia Index launches MidCap Select, SmallCap Select indicies

Last Updated: Wednesday, July 8, 2015, 14:57

Asia Index, a BSE and S&P Dow Jones Indices joint venture, today launched two indices to measure the performance of the top 30 mid-cap companies and top 60 small-cap firms.

India IT outsourcing firms seek booster shot from Obamacare

Last Updated: Wednesday, July 8, 2015, 09:03

The United States is the biggest market for the outsourcing industry, which is dominated by Tata Consultancy Services Ltd , Infosys Ltd and Wipro Ltd .

Sale of Sahara's asset; SC asks realty firms to show bonafides

Last Updated: Tuesday, July 7, 2015, 20:48

The Supreme Court on Tuesday asked two real estate firms engaged in a tug of war over purchasing Sahara Group's over 140 acre land properties in Gorakhpur in Uttar Pradesh

Sebi, exchanges ask 75 firms to restate a/c on audit red-flags

Last Updated: Sunday, July 5, 2015, 14:26

The companies that fail to submit a compliance report to the exchanges would face penal action by the regulators, a senior official said.

Top 8 Sensex firms add Rs 25,217.48 cr in market valuation

Last Updated: Sunday, July 5, 2015, 11:19

The m-cap of ITC surged Rs 5,610.86 crore to reach Rs 2,52,889.64 crore and that of HDFC climbed Rs 4,373.9 crore, to Rs 2,07,412.69 crore.

China brokers to invest $19 million to curb market plunge

Last Updated: Saturday, July 4, 2015, 21:34

China's 21 largest brokerage firms announced on Saturday they would invest more than USD 19 billion in the country's stock markets in order to curb its precipitous fall over the last three weeks.

Additional spectrum case: CBI opposes jurisdiction issue

Last Updated: Tuesday, June 30, 2015, 20:48

CBI on Tuesday opposed in a special court the issue of jurisdiction raised by two telecom firms, chargesheeted in additional spectrum allocation case of 2002, saying the case fell under the ambit of 2G spectrum scam which clear from the orders of the Supreme Court.

Philips to set up 30 more light lounges across South India

Last Updated: Sunday, June 28, 2015, 17:35

Tamil Nadu, being a key market for the company, Philips is focused on consistently expanding its retail foothold in the state.

Unitech raises Rs 70 cr from Piramal group for Chennai project

Last Updated: Sunday, June 28, 2015, 16:10

"We plan to raise Rs 150-200 crore funding through private equity and structured financing to meet working capital needs of our ongoing projects," Chandra had said.