Nov 29, 2013 11:56 AM ET
Consumer price index increased for the fourth month in a row in October and prices rose at the fastest pace in years. Industrial output increased at a slower than expected pace in October and unemployment rate was unchanged.
Nov 28, 2013 9:31 AM ET
Alstom T&D plan to rise up to Rs 294 crore from a secondary offering. Eros Intl jumped after Singapore-based Temasek Holdings acquired a stake. Nestle India denied media report that its parent plans to increase stake. Suzlon Energy signed contract with Mitsui Australia for 52 wind turbines.
Nov 27, 2013 11:13 AM ET
Stocks in Tokyo declined after rising for two days in a row and the yen traded near the three-month low. Honda Motor began construction at a manufacturing plant in Brazil. Hitachi agreed to acquire India based payment processor Prizm Payment Services.
Nov 26, 2013 11:30 AM ET
The latest Bank of Japan policy committee meeting minutes showed growing agreement among policy makers that the inflation target of 2% is not likely to be reached before the end of the current fiscal year. Also, economic growth is expected to slowdown in fiscal 2014.
Nov 26, 2013 8:50 AM ET
Gammon India net loss widened. Kalpataru Power secured orders worth Rs 1,007 crore. L&T sell a minor stake in L&T Finance. Yes Bank jumped after Morgan Stanley Asia sold its stake.
Nov 25, 2013 12:36 PM ET
Nikkei index in Tokyo surged 1.5% and extended year-to-date gain to 50% as the yen weakened. The yen dropped to a four-year low and exporters and automakers led the gainers.
Nov 25, 2013 10:08 AM ET
Axis Bank will be include in the Sensex index from December 23. EIL won $139 Million contract in Nigeria. GVK Power-Aurizon signed rail and port terminal agreement in Australia. Pfizer and Wyeth board approved proposed merger. Siemens net plunged 44%.
Nov 22, 2013 11:03 AM ET
Stocks in Tokyo advanced and index advance led the developed markets on the continued weakness in the yen. Sony plans to cut $250 million in costs in its entertainment division. Hitachi Ltd plans to issue 60 billion yen of loans to repay debts and fund capital expenditure.
Nov 22, 2013 9:24 AM ET
Cairn India board is expected to approve a share buyback plan next week. Cipla acquired a stake of 14.5% in Uganda-based Quality Chemical. Dabur plans to buy manufacturing facility of Delhi-based Northern Aromatics. NHPC is scheduled to begin its $400 million share buyback plan next week.
Nov 21, 2013 12:11 PM ET
A panel of experts suggested $1.2 trillion government pension fund to diversify into broader and riskier assets from domestic bonds. Market indexes rebounded nearly 2% after the recommendation. Bank of Japan reaffirmed its bond purchase program.