Disappointing TCS, HCL Tech numbers leave IT defenceless
Tata Consultancy Services and HCL Technologies each declined about 9% on Friday, the worst daily fall in at least five years and HCL Technologies each declined about 9% on Friday, the worst daily fall in at least five years, amid investor concern over growth prospects after the financial... read more »
Denmark Open: Shixian stops Saina Nehwal
HYDERABAD: A fighting Saina Nehwal failed to stop Shixian Wang in the quarterfinals of the Denmark Open Super Series Premier in Odense on Friday. The Indian, who won the title here in 2012, did all that she could but the Chinese grew stronger towards the end to notch up a 22-20, 21-15... read more »
Anil Kumble Joins Twitter, follow him @anilkumble1074
Anil Kumble, India’s greatest match winning bowler and an ex-India cricket captain has joined Twitter on his 44th Birthday. As part of his first day on Twitter he was seen re-tweeting his birthday wishes from fans. He has garnered over 3000 followers and his first tweet was re-tweeted over... read more »
BCCI suffers losses, may claim damages from WICB
A livid BCCI has said it has suffered huge losses and that it will claim all the damages following the West Indies cricket team’s unprecedented move to pull out of the remainder of India tour in the wake of an acrimonious unresolved pay dispute with its board back home. The aggrieved... read more »
Rupee erases all gains, trades flat at 60.84 per dollar
Mumbai: The Indian rupee erased all its gains and remained barely changed from its previous close, tracking the weakness in other Asian currencies on Friday. At 2.19pm, the home currency... read more »
Alibaba’s IPO Priced at $68 a Share
Alibaba Group Holding Ltd. ‘s shares priced Thursday at $68 apiece, putting the Chinese company on track for an initial public offering that will raise at least $21.8 billion. The... read more »
China hands drugmaker GSK record $489 mln fine, sentences executives
China has fined GlaxoSmithKline Plc a record 3 billion yuan ($488.8 million) for paying bribes to doctors to use its drugs, the British company said on Friday, drawing to a close a... read more »
Gold tumbles, dips to over 3-month low on global cues
Gold prices tumbled by Rs. 440 to hit over three-month low of Rs. 27,010 per ten gram in the national capital today on heavy selling by stockists, triggered by a weakening global... read more »
ONGC made Rs 81,890 crore investment to raise output
Country’s largest oil and gas producer ONGC on Friday said it has invested Rs 81,890 crore in bringing on stream newer discoveries and arrest natural decline that has set in its ageing... read more »
