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Gold falls more than 2% to two-week low on Fed outlook
Fri, Jan 30 2015. 01 51 AM

Gold falls more than 2% to two-week low on Fed outlook

Fed says the US economy was expanding ‘at a solid pace’ but reiterated it would be patient in deciding when to increase benchmark borrowing costs
India needs to get its fiscal house in order: Anubhuti Gupta
Fri, Jan 30 2015. 12 14 AM

India needs to get its fiscal house in order: Anubhuti Gupta

The sharp decline in commodity prices has eased pressure on current account deficit, but more needs to be done, says the portfolio manager at AXA Rosenberg Investment Management
United Bank of India proposes to raise Rs2,025 crore via equity, debt
Thu, Jan 29 2015. 10 47 PM

United Bank of India proposes to raise Rs2,025 crore via equity, debt

Bank also proposes to raise Rs.500 crore through issue and allotment of tier-1 bonds
US stocks little changed after two-day losses, data supports
Thu, Jan 29 2015. 10 15 PM

US stocks little changed after two-day losses, data supports

Dow Jones rises 0.17%, S&P 500 loses 0.11%, Nasdaq drops 0.29%
Rakesh Jhunjhunwala buys 3 million shares of Man Infra
Thu, Jan 29 2015. 07 38 PM

Rakesh Jhunjhunwala buys 3 million shares of Man Infra

Jhunjhunwala buys 3 million shares or 1.21% in Man Infraconstruction Ltd at Rs.36 per share
Sensex, Nifty close at new highs amid derivatives expiry
Thu, Jan 29 2015. 05 27 PM

Sensex, Nifty close at new highs amid derivatives expiry

The Sensex rose 0.41%, or 122.59 points, to close at 29,681.77, while the Nifty added 0.43%, or 38.05 points, to end at 8,952.35, new peaks for indices
Rupee closes 46 paise lower at 61.87 per dollar
Thu, Jan 29 2015. 05 27 PM

Rupee closes 46 paise lower at 61.87 per dollar

The rupee opened at 61.44 per dollar and touched a low of 61.88—a last level seen on 20 January—on month-end dollar demand from importers
Tata Motors to use Rs7,500 cr rights issue to launch commercial vehicles
Thu, Jan 29 2015. 05 12 PM

Tata Motors to use Rs7,500 cr rights issue to launch commercial vehicles

The firm is seeking shareholders’ approval for a rights issue of ordinary shares, and also intends to use the funds to expand in international markets
Gold, silver drops on low demand, global cues
Thu, Jan 29 2015. 02 20 PM

Gold, silver drops on low demand, global cues

Gold of 99.9 and 99.5% purity fell by Rs120 each to Rs28,300 and Rs28,100 per ten grams respectively
Coal India falls 5% on stake sale announcement
Thu, Jan 29 2015. 01 24 PM

Coal India falls 5% on stake sale announcement

At the current price, the government will raise around Rs 24,000 crore from the sale of shares
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