Jan 16, 2014 11:28 AM ET
Stocks in Tokyo diverged and market indexes closed higher at close in a volatile trading session. Core machinery orders surged 9.3% in November. Mitsubishi Motors advanced 8% on 154% sales surge in China.
Jan 16, 2014 10:04 AM ET
Axis Bank net climbed 19% Bajaj Auto net soared 11%. HCL net jumped 6%. KEC Intl secured orders worth Rs 1,215 crore. LIC Housing Finance net surged 38%. L&T unit secured new orders for Rs 1,000 crore.
Jan 15, 2014 12:37 PM ET
Stocks in Tokyo rebounded after the yen reversed its three-day advance. Market indexes jumped at least 2% after Topix dropped the most since August. Bearings makers and Hitachi Ltd jumped on earnings expectations.
Jan 15, 2014 8:44 AM ET
Bajaj Finance net surged 21% and revenue soared 31%. Bajaj Finserv net climbed 13%. Coal India declared special yearly dividend. McNally secured order for structural work. RIL plans to acquire stake of 11% in Petronas. Yes Bank net surged 21%.
Jan 14, 2014 12:30 PM ET
Nikkei index in Tokyo plunged 3.1% and the yen continued its slide after a 3-day market closure. Seasonally adjusted current account balance turned negative for the third month in a row in November. Investors extended purchase of dollar bonds for the fifth month in a row.
Jan 14, 2014 9:30 AM ET
CMC plunged as net jumped 5% but revenue was flat. Jay Bharat Maruti net surged 64%. NIIT Technologies net dropped 5% and revenue climbed 14%. VA Tech Wabag won Rs 250 crore order from Bangalore.
Jan 13, 2014 9:48 AM ET
Dishman Pharma plans to sell its China plant. Exide net declined 26% and revenue plunged 11%.GMR Infra expects revenue to grow modestly. GVK Power plans to sell stake in its airport business. NMDC said third-quarter production and sales rose. Tata Steel sales jumped 9%.
Jan 10, 2014 11:01 AM ET
Nikkei index in Tokyo gained 0.2% and fell 2.3% in the week. The yen traded near 105 against the U.S. dollar. Investors await structural reforms announcement from the government.
Jan 10, 2014 10:01 AM ET
IndusInd Bank net surged 30% as non-performing assets jumped to 1.2%. MTNL declined despite Union Cabinet clearing spectrum refunds. Reliance said gas production at KG-D6 fields increased 15%. Va Tech Wabag secured order worth $40 million from Tanzania.
Jan 09, 2014 11:23 AM ET
Nikkei index slipped 1.5% and the yen dropped below 105 against a dollar. Fast Retailing said net income in the fiscal first quarter increased more than expected 8.8% on higher international sales.