Dec 06, 2013 11:26 AM ET
Nikkei Stock Average in Tokyo gained 0.8% and investors focused on the Fed tapering as early as next month. Nissan Motor estimated China sales to increase 7.5% but Honda offered additional discounts to U.S. dealers.
Dec 06, 2013 9:37 AM ET
Cairn India bids for one oil and gas exploration block in Sri Lanka. Lupin launched generic version of capsules in the U.S. MphasiS net declined 9% and revenue surged 20%. Tata Motors plans to invest £240 million in a Brazil plant.
Dec 05, 2013 12:34 PM ET
Stocks in Tokyo declined after market indexes advanced for two days in a row. The yen gained 0.3%. Japan Tobacco acquired 20% stake in Russia based tobacco distributor. Seven & I acquired 45% stake in a department store operator Barneys Japan Co. Ltd. for an undisclosed sum.
Dec 05, 2013 9:54 AM ET
Bharti Airtel raised €750 million to cut its $11 billion in debt. Cipla agreed to acquire its distributor in Croatia. Strides Arcolab sold Agila Specialties to Mylan for $1.75 billion. Swan Energy rose after board approved stock split. Wipro to exit from PC business.
Dec 04, 2013 1:03 AM ET
Stocks in Tokyo fell a day after averages closed at a six-year high. The yen rebounded from a six-month low. Toyota and Nissan increased U.S. sales in November but Honda sales declined. Sony PlayStation PS 4 sales are ahead of expectations.
Dec 04, 2013 9:12 AM ET
GMR Infra plan to sell Emco Energy Ltd. Godrej Properties to buy back 49% stake in a Kolkata subsidiary. Mahindra Holidays sold its stake in two Austrian subsidiaries. RCom raised mobile internet data rates and reduced data limits.
Dec 03, 2013 1:02 PM ET
The yen powered rally lifted market indexes lifted market averages near a six-year high. The yen dropped to the lowest since May. Sekisui Chemical soared 8% on a report that the company developed a cheaper and better material for batteries used in electric vehicles.
Dec 03, 2013 8:36 AM ET
Alstom T&D secured an order worth Rs 79 crore. Ashok Leyland November sales declined 27%. Bajaj Auto sales dropped 17%. Hero MotoCorp total sales climbed 9%. L& T won new orders worth Rs 1,471 crore.
Dec 02, 2013 11:37 AM ET
Stocks in Tokyo closed lower and the yen wobbled near 102-mark against the dollar. Increasingly investors are looking for the yen to drop to 110 against one dollar. Capital spending in the third-quarter increased 1.5%. Nippon Express is expected to buy logistic division from Panasonic.
Dec 02, 2013 9:57 AM ET
Amtek India net soared 87% and sales surged 49%. Financial Technologies net plunged 61%. Maruti said November auto sales dropped 11% as domestic sales slid 6% and export plunged 46%. M&M sales declined 18%. Tata Motors November sales plunged 39%.