Mar 29, 2013 10:28 AM ET
The Nikkei index closed higher second quarter in a row propelling six-month gains to the best since 1972. Industrial output declined 0.1% in February and core consumer prices declined 0.3%, tenth monthly fall in a row.
Mar 28, 2013 10:44 AM ET
Market indexes in Tokyo closed lower in sympathy with the decline in Asian markets after a sharp fall in Shanghai index. Domestically, investors looked ahead at the first central bank meeting next week under a new leadership. GS Yuasa Corp plunged 11% after more battery problems.
Mar 28, 2013 9:17 AM ET
GMR divests its two coal mining assets in South Africa. HCL Tech won five years contract of $100 million from Ford Motor Company. IL&FS received a road project contract worth $280 million. Novartis AG will reduce its stake in Novartis India.
Mar 27, 2013 10:27 AM ET
Market indexes in Tokyo pared gains as stocks in the indexes traded ex-dividend. Real estate linked companies led the gainers on the hopes that the central bank will act soon to revive inflation. Aeon plans to raise its stake in retailed Daiei to 40% at lower than expected offer price.
Mar 26, 2013 11:16 AM ET
Stocks in Tokyo traded lower bucking the market advance in Shanghai and in Mumbai. Bank of Japan Governor Kuroda said he is prepared to add more government bonds with longer maturities and scrap self-imposed rule to limit asset purchase.
Mar 26, 2013 9:57 AM ET
Bharti Airtel is set to raises $250 million through dollar bonds. Educomp sold 50% stake sale in Eurokids International. L&T plan to buy 50% stake in Future Generali from Pantaloon. Suzlon raised $650 million to restructure debt holdings.
Mar 25, 2013 9:54 AM ET
The yen eased and the benchmark index rebounded after European regulators averted a brewing financial crisis linked to Cyprus that threatened to spill over in the currency union. Consumer finance, securities brokers and auto maker led the gainers.
Mar 25, 2013 8:45 AM ET
Colgate India agreed to transfer a division to a parent company controlled subsidiary for $11 million. Cairn India lowered its energy production target for 2014. Dr. Reddy’s won a pending case of $22.5 million against Nordion Inc. Godrej Properties approved 2-for-1split.
Mar 22, 2013 9:54 AM ET
Stocks in Tokyo fell sharply on the growing uncertainties in the euro zone. The yen gained and commodities eased in Tokyo trading. Broadleaf, a software developer surged 37% on the first day of its trading in Tokyo.
Mar 22, 2013 8:36 AM ET
Cairn India began sale of natural gas in Gujarat. HDFC plans to raise $92 million through a bond offering. HCL launch ME tablet in Turkey. ING Vysya becomes 100% subsidiary of Exide. SAIL secondary issue 98% subscribed.