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EPFO trustees to discuss investment in equity on Friday
Thu, Dec 18 2014. 08 31 PM

EPFO trustees to discuss investment in equity on Friday

CBT in its meeting would deliberate on investment challenges in the changed economic scenario, particularly in equity
Alcatel-Lucent shares jump on report of merger talks with Nokia
Thu, Dec 18 2014. 08 14 PM

Alcatel-Lucent shares jump on report of merger talks with Nokia

The companies restarted discussions this fall, says a German magazine report
Rupee closes 51 paise stronger against dollar on Fed cues
Thu, Dec 18 2014. 05 38 PM

Rupee closes 51 paise stronger against dollar on Fed cues

The rupee, which fell to 13-month low on Wednesday, strengthened against the dollar even as a broad-based dollar rally dragged down other Asian currencies
Sensex closes above 27,000 on US Fed assurance
Thu, Dec 18 2014. 04 30 PM

Sensex closes above 27,000 on US Fed assurance

The BSE benchmark index jumps over 400 points after Federal Reserve said it was in no hurry to raise interest rates
Asian stocks advance after US share rally as Fed vows patience
Thu, Dec 18 2014. 02 29 PM

Asian stocks advance after US share rally as Fed vows patience

Japan’s Topix soared 1.8%; Hong Kong’s Hang Seng gained 1.1%, the biggest advance in 2 weeks
Century Textiles to delist its GDRs from Luxembourg Stock Exchange
Thu, Dec 18 2014. 02 09 PM

Century Textiles to delist its GDRs from Luxembourg Stock Exchange

The company says in its release that it is not viable for it to continue the GDRs or appoint a new depository
Brent steady above $61 as companies cut upstream investments
Thu, Dec 18 2014. 01 54 PM

Brent steady above $61 as companies cut upstream investments

US crude for January delivery, which expires after Friday’s settlement, was up 4 cents at $56.50 a barrel
Indian sovereign bonds climb with rupee on Fed’s rate outlook
Thu, Dec 18 2014. 11 32 AM

Indian sovereign bonds climb with rupee on Fed’s rate outlook

The yield on sovereign bonds due July 2024 slid 6 basis points to 7.91% as of 10:30 am in Mumbai
Rupee’s slump worries firms with unhedged forex exposure
Thu, Dec 18 2014. 11 03 AM

Rupee’s slump worries firms with unhedged forex exposure

Forex consultants say companies are getting worried and actively looking at the RBI to support the currency and not allow a repeat of 2013
ITC shares rise 2% on reports of tobacco inclusion in GST
Thu, Dec 18 2014. 10 41 AM

ITC shares rise 2% on reports of tobacco inclusion in GST

Inclusion in GST’s realm will most likely keep tax rates lower for tobacco-based products, according to analysts
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