Brent steady at $100 on stimulus hopes, supply threats
Brent crude remained steady at $100 per barrel on Wednesday as weak global economic data fuelled expectations of a stimulus response by central banks, and as supply disruption worries on rising tensio
June services PMI expands for 8th month at slower pace
India's services sector in June expanded for the eighth straight month although at a slower clip, but new orders picked up and firms hired workers at the fastest pace in a year, a business survey show
DLF returns to its roots in property downturn
India's biggest property developer DLF, burdened by debt and sluggish demand, is reining in its once-aggressive pan-India plans to focus on the familiar territory of its home market in northern India.
Goldman Sachs removes L&T form conviction buy list
Goldman Sachs removes Larsen & Toubro from its Asia Pacific conviction buy list following the stock's outperformance over the last month.
However, the investment bank retains its 'buy' rating on the
CERN scientists belive to have found ‘God particle’
Scientists at the CERN research centre have found a new subatomic particle that could be the Higgs boson, the basic building block of the universe.
Brazil slump to record low in FIFA rankings, Tahiti surge
Brazil slumped to 11th in the FIFA rankings on Wednesday, their lowest ever position, while tiny Tahiti surged 41 places after their astonishing win at the Oceania Nations Cup.
Performances at Euro 2
Morgan Stanley sees mixed results from Indian tech cos
Morgan Stanley expects mixed June-quarter results from the top four Indian tech companies, with muted revenue guidance but a steep EPS upside.
The companies: Tata Consultancy Services, Infosys, Wipro
Reliance Power could lose $55 mln bank guarantee in tariff dispute
Reliance Power risks losing a 3 billion-rupee bank guarantee after a court said distribution companies could seek damages from Reliance over a delayed $3.2 billion power project in the southern state
Barclays CEO Bob Diamond quits over rate rigging
Barclays Plc Chief Executive Bob Diamond quit on Tuesday under a barrage of fire from politicians, the highest-profile casualty of an interest rate-rigging scandal that spans more than a dozen major b
Monsoon stalls, drought a fear after mid-July
India's monsoons should improve next week, Agriculture Minister Sharad Pawar said on Tuesday, as concerns grow that the progress of the crucial June-to-September rains has halted and has hit the sowin