Sep 30, 2014 1:59 PM ET
Stocks in Tokyo responded to the latest economic data. Retail sales increase of 1.9%, ahead of expectations, and jobless rate decreased to 3.5%. Industrial production declined 1.5% unexpectedly. The yen declined traded above 109 level against one dollar.
Sep 30, 2014 10:08 AM ET
Financial Technologies agreed to sell 15% stake in MCX to Kotak Mahindra Bank. HCL Infosystems net loss widened. L&T secured new orders worth Rs 1,423 crore in September. Strides Arcolab sells 25.1% stake in Stelis Biopharma.
Sep 29, 2014 1:11 PM ET
Stocks in Tokyo gained after the yen declined to a new low in the year and exporters gained. SoftBank offered 30% premium to DreamWorks Animation and valued the U.S. based studio for $3.4 billion.
Sep 29, 2014 9:55 AM ET
MAN Industries secured orders worth about Rs 550 crore. Mahindra Holidays plans to invest up to Rs. 500 crore for expansion. NTPC received syndicated loan of $250 million. Valecha Engineering divested its three road assets worth Rs 309 crore.
Sep 26, 2014 10:55 AM ET
Stocks in Tokyo closed lower a day after most shares trade ex-dividend. For the week, the Nikkei advanced 1.8% and inflation in Japan slowed in August. The yen traded near 109 against one dollar. Fanuc lifted its annual profit estimate.
Sep 26, 2014 10:44 AM ET
Emami agreed to acquire Rasoi Ltd. India Cements board approved Chennai Super Kings spinoff. JSW Energy enters talks to acquire three hydropower projects from Jaiprakash Power. Reliance Jio borrowed $750 million from Korea Exim Bank.
Sep 25, 2014 11:01 AM ET
The yen declined to a new six-year low and lifted market indexes to a new six-year high after investors increase stock exposure ahead of dividends. The yen closed at 109.25 against one dollar and the Nikkei Average gained 1.3%.
Sep 25, 2014 10:07 AM ET
Andhra Bank plunged 12% on worries of loans to coal miners who are facing license cancellation. Jaypee Infratech tumbled after RPower abandoned to buy three hydropower projects. Punjab Alkalies surged after government approved divestment. SBI board approved 10-for-1 stock split.
Sep 24, 2014 12:27 PM ET
Nikkei Stock Average dropped again on the weakness in metal and crude oil prices. The yen rebounded from its six-year low. Starbucks is set to acquire remaining stake in the Japan subsidiary. Amada Co, the maker of laser machinery estimated higher than expected six-month profit.
Sep 23, 2014 9:41 AM ET
Bajaj Electricals won contract worth Rs.108.63 crore. EIL secured a consultancy contract from Assam Petrochemicals. IFCI divest its stake in Tourism Finance Corp. Sunil Hitech forecasted revenue of fiscal 2015 of about Rs 2,200 crore.