Mar 31, 2014 10:28 AM ET
Market indexes extended a weeklong rally and industrial output declined 2.3% in February. The latest output data was among a series of economic statistics highlighting weak economic activities in Japan. Japan is set to increase its first sales tax since 1997.
Mar 31, 2014 9:41 AM ET
Bharat Heavy secured contract worth Rs 125 crore in Uttarakhand. GMR Group filed for initial public offering for its energy unit. Jain Irrigation plans to sell a stake in the food-processing unit to private equity funds. L&T unit won new orders worth Rs 1,009 crore.
Mar 28, 2014 10:22 AM ET
The Nikkei index gained 0.5% and extended weekly advance to 3.3% but plunged more than 9% in the quarter. Yahoo Japan will launch its wireless service after the purchase of eAccess for $3.2 billion. Core inflation rate in Japan was unchanged at 1.3% in February and retail sales jumped 3.6%.
Mar 28, 2014 9:32 AM ET
A2Z Maintenance surged after the company completed debt restructuring. Canara Bank raised Rs 1,000 crore through a bond issue. Colgate declared interim dividend. NTPC import 15 million tons of coal in the next year.
Mar 27, 2014 9:02 AM ET
CMC won a legal case against Kuwait Stock Exchange. Gautam Thapar plans to sell its 42.7% stake Crompton Greaves worth $3 billion. FIEM purchased 7.65 acre land to set-up a new factory in Gujarat. L&Tís construction unit won new orders worth Rs 1,981 crore in March.
Mar 27, 2014 2:51 AM ET
Market indexes in Japan advanced and the yen closed nearly unchanged. Toyota said it will buy back shares worth $3.5 billion, first in five years. Nissan Motor plans to recall one million vehicles. Seven & I is in talks to take control of stores at railway stations. ANA placed a largest plane order.
Mar 26, 2014 9:48 AM ET
Stocks in Tokyo advanced and the yen traded near a 2-month low. Kirin Holdings Co gained 3% on a media report that the brewer is likely to raise its annual earnings estimate and consider stock buyback.
Mar 26, 2014 8:22 AM ET
Godrej Properties signed partnership to develop a residential project in Pune. Oberoi Realty won 25-acres land parcel for about $190 million from Tata Steel. Sintex decided to sell its entire stake in Zep Infratech.
Mar 25, 2014 10:28 AM ET
Stocks in Tokyo lacked direction and investors focused on geopolitical tensions. Minnano Wedding soared on the first day of trading and raised $47 million. Taisei and Sekisui House declined as companies work together to fix construction defects at a 30 story building in Shirokane.
Mar 25, 2014 8:40 AM ET
Arvind Ltd struck a 49% stake in Calvin Klein business in India venture. EIL secured contract worth $40 million in Oman. JP Associate sold its 74% stake in Bokaro Cement. Tata Power schedules Rs 2,000 crore issue on March 31.