Sensex down 0.7pc in early trade
The BSE Sensex was trading 0.7 per cent lower in early trade on Friday as concerns about the euro zone debt crisis added to lingering worries about slowing domestic growth and impact of high interest
Mallya close to $370mn-deal to save Kingfisher
The chairman of Kingfisher Airlines, Vijay Mallya, said in an interview with the ‘Financial Times’ he was close to sealing a $370 million deal with an Indian private investor and a consortium of banks
Mallya nearing deal to save Kingfisher Airlines: Report
The chairman of Kingfisher Airlines, Vijay Mallya, said in an interview with the Financial Times he was close to sealing a $370 million deal with an Indian private investor and a consortium of banks that would save the airline.
Rupee drops past 51/dlr, hits 32-month low
The rupee skidded beyond 51 against the dollar to its lowest in 32 months on Friday, and was set for its third weekly fall, weighed down by rising oil import payments and slowing exports and foreign i
Sensex posts biggest weekly fall in 3-1/2 mths
The BSE Sensex fell 0.6 percent on Friday, posting its biggest weekly fall in nearly three and a half months, as fresh concerns about the European debt crisis compounded lingering worries over weak do
Authorities foil New York protest bid to shut Wall Street
Hundreds of people protesting against economic inequality marched in New York's financial district on Thursday and there were minor skirmishes with police, but authorities thwarted their bid to shut d
U.S. airlines seek to block Air India jet purchases
U.S. airlines sought on Wednesday to block $3.4 billion in pending taxpayer-backed loan guarantees for Air India to buy Boeing Co jetliners.
The Air Transport Association, the leading U.S. trade grou
iGate plans to delist Patni Computer
U.S. listed software company iGate said on Wednesday it plans to delist shares of its unit Patni Computer Systems to obtain full ownership of the company and intends to fund the acquisition of the sha
Concern grows in U.K., U.S. over Somali-based militants
In late October, two 18-year-old men from the Welsh city of Cardiff were arrested on Kenya's border with war-torn Somalia.
The father of one of them told the BBC he believed his son had been 'brainw
World stocks pressured by debt contagion fears
World stocks dipped to a one-week low on Thursday and the euro held near a five-week trough while safe-haven German bonds rose, as concerns grew over spillover damage to U.S. banks from the euro zone