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Cairn India shares fall 7% over loan facility to Sesa Sterlite subsidiary
Thu, Jul 24 2014. 10 05 PM

Cairn India shares fall 7% over loan facility to Sesa Sterlite subsidiary

$800 million has already been disbursed for a period of two years and another $450 million will be disbursed soon
Unilever sales growth misses estimates on emerging markets slowdown
Thu, Jul 24 2014. 09 37 PM

Unilever sales growth misses estimates on emerging markets slowdown

The firm’s underlying sales rose 3.8%—falling short of a predicted 4.3%
Debt markets to be opened to short-term foreign investors gradually: Rajan
Thu, Jul 24 2014. 08 17 PM

Debt markets to be opened to short-term foreign investors gradually: Rajan

RBI wants to first build liquidity through long term foreign investments to withstand potential sharp volatilities, says Raghuram Rajan
TCS market cap exceeds combined value of Accenture and Cognizant as well
Thu, Jul 24 2014. 08 00 PM

TCS market cap exceeds combined value of Accenture and Cognizant as well

TCS’s Rs.5 trillion market capitalization isn’t a merely milestone. It sends some other important signals as well
US stocks fluctuate at records on Facebook, AT&T results
Thu, Jul 24 2014. 07 55 PM

US stocks fluctuate at records on Facebook, AT&T results

Facebook jumped 5.2% after saying second-quarter sales surged 61%
Rupee closes flat at 60.11 after hitting over 1-week high
Thu, Jul 24 2014. 07 05 PM

Rupee closes flat at 60.11 after hitting over 1-week high

The rupee had strengthened to 59.99 a dollar level, after opening at 60.02 a dollar
Sensex, Nifty close at new highs as metal, insurance firms surge
Thu, Jul 24 2014. 07 05 PM

Sensex, Nifty close at new highs as metal, insurance firms surge

The Sensex closes at an all-time high of 26,271.85 points, while Nifty ends at a fresh high of 7,830.60 points
ECB’s ‘whatever it takes’ strategy is still work in progress
Thu, Jul 24 2014. 06 33 PM

ECB’s ‘whatever it takes’ strategy is still work in progress

Look away from the markets and signs of economic fragility are everywhere
Gold falls on weak global cues; silver ends lower
Thu, Jul 24 2014. 06 26 PM

Gold falls on weak global cues; silver ends lower

Gold of 99.9 and 99.5% purity fell by Rs160 each to Rs28,200 and Rs28,000 per 10 grams, respectively
Indian bonds rise to 3-week high on FII limit reshuffle
Thu, Jul 24 2014. 05 59 PM

Indian bonds rise to 3-week high on FII limit reshuffle

The benchmark 10-year 2023 bond yield ended 1 basis point lower at 8.65%, after falling to its lowest since 4 July

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