Facebook shares slumped to more than ten per cent below their float price over the first hour of trading, as shareholders scrambled to sell shares in what had been pitched as the greatest growth story

Mark Zuckerberg, wearing his trademark hooded sweatshirt, remotely rang the bell to open trade Friday on the Nasdaq, marking a record-setting public offering for Facebook.

Amid a crowd at the social

Facebook is proposing a price range for its hotly anticipated public offering which would value the social network between $70 billion and $87.5 billion, documents showed on Thursday.

The regulatory

Infosys on Friday lost the country's most influential stock status to Mukesh Ambani-led Reliance Industries Ltd (RIL), as the shares of the IT giant fell sharply by about 13 per cent.

Based on its w

Stocks of firms that face cancellation of telecom licences after a Supreme Court order fell sharply on Indian stock markets on Thursday, even as those of one established player registered hansome gain

The euro edged back from six week highs and global stocks were lower on Monday as investors turned cautious after U.S. growth figures on Friday that fell just short of expectations and ahead of more c

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

Stock markets notched its best weekly gain in six weeks — despite disappointing IIP and inflation data — on the back of excellent numbers from Infosys and positive global cues.

On the Bombay Stock Ex

Global stocks closed their worst quarter in nearly three years on Friday on nagging concerns about the world economy and the lack of a credible solution to Europe's debt crisis.

The euro and most com

Tokyo stocks closed 0.99 per cent higher on Thursday as the market welcomed a rebound in the euro ahead of a German parliamentary vote on the new euro zone rescue plan, brokers said.