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Charter Communications Inc said it would buy Time Warner Cable Inc in a deal valued at $78.7 billion, as the second and third largest U.S. cable operators look to better compete with market leader Comcast Corp .The equity portion of the deal is $55.76 billion based on Time Warner Cable's diluted shares outstanding as of March 31. The company had long-term debt of $22.64 billion, according to its latest ...

Sensex shed 112 points

2015-05-26 17:17:17

The Indian stock market opened slightly higher on Tuesday, but spent not more than a few minutes in positive territory as investors stayed wary of taking up positions due to a lack of triggers.The mood was cautious right through the session as markets were looking ahead to some key earnings reports from India Inc and the GDP data, due later in the week. European markets opened on a weak note, hurting ...
Gold fell more than 1 percent on Tuesday as the dollar extended gains following stronger U.S. inflation data and comments from Federal Reserve Chair Janet Yellen that reinforced the central bank's tightening bias on monetary policy.Spot gold dropped to a two-week low of $1,192.60 an ounce earlier and was down 1 percent at $1,193.73 by 1003 GMT.U.S. gold futures for June delivery were down $10.40 at ...
Gold today eased by Rs 25 to Rs 27,450 per ten grams at the bullion market here, due to subdued demand from jewellers and weak overseas trends. Silver prices also fell by Rs 200 to Rs 38,850 per kg on reduced offtake by industrial units and coin makers. Weak global trends impacted gold prices here, marketmen said. In global markets, gold dropped to about two-week lows as prospects for US interest rate ...
By Marc Jones LONDON (Reuters) - Greece's financial crisis and signs of growing opposition to austerity in Spain sent the euro to its lowest level in a month on Tuesday, while shares and commodities took a knock as the dollar pushed higher. Europe's main markets returned to action after a long weekend with the mood unsettled by Sunday's strong local election showing by anti-austerity parties in ...
* Net profit 17.17 bln rupees vs est 40.95 bln rupees * Lower profit at JLR division * India unit net loss widens (Adds details about luxury unit and India business) By Zeba Siddiqui MUMBAI, May 26 (Reuters) - Tata Motors Ltd, India's biggest automaker by revenue, reported a surprise drop in quarterly earnings on Tuesday, hit by higher costs and lower profit at its luxury Jaguar Land Rover ...
Guiyang, China: Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, company Chairman Terry Gou said on Tuesday. The company could spend a "few billion dollars" on developing the facilities, said Gou, whose company's listed flagship unit is Hon Hai Precision Industry ...
Charter Communications Inc said it would buy Time Warner Cable Inc in a deal valued at $78.7 billion, as the second and third largest U.S. cable operators look to better compete with market leader Comcast Corp .The equity portion of the deal is $55.76 billion based on Time Warner Cable's diluted shares outstanding as of March 31. The company had long-term debt of $22.64 billion, according to its latest ...

Today's picks

2013-02-19 18:00:00

NIFT Current: 5,898 (futures: 5,906) Target: NA Index remains range-bound between 5,870 and 5,925 with very nominal futures premium. The range today could be 5,850 or 5,950. Stop-loss shorts at 5,925 and stop-loss long positions at 5,975. A long 5,800p (19) and long 6,000c (21) could gain 10-12 if the market swings 50 points in either direction. STATE BANK OF INDIA Current price: Rs 2,263 Target price: ...

Today's picks

2013-02-09 18:00:00

NIFTY Current: 5,939 (futures: 5,964);Target: NAThe downtrend continued. Key support was tested at 5,930. A drop below 5,920 could mean a dip till 5,875. A bounce will hit resistance at 5,975-5,990. Futures premium has increased to 25, which may mean a pullback on short-covering. The bearspread of long 5,900p (48) versus short 5,800p (23) continues to look attractive.TATA STEEL Current price: Rs 390;Target ...
By Marc Jones LONDON (Reuters) - Greece's financial crisis and signs of growing opposition to austerity in Spain sent the euro to its lowest level in a month on Tuesday, while shares and commodities took a knock as the dollar pushed higher. Europe's main markets returned to action after a long weekend with the mood unsettled by Sunday's strong local election showing by anti-austerity parties in ...
By Abhirup Roy REUTERS - John Malone's Charter Communications Inc struck a $56 billion deal to buy Time Warner Cable Inc, seeking to combine the third and second largest U.S. cable operators to better compete against market leader Comcast Corp. The Federal Communications Commission immediately served notice that it would closely scrutinize the deal, focusing not only on absence of harm but benefits ...
DAILY INDICATORS MONDAY PREVIOUS Floating Interbank Rate (Rs/$) 101.90/101.97 101.90/101.95 Rupee/US$ (kerb market) 103.50/103.75 103.15/103.40 Karachi 100-share index 32,707.22 32,605.62 Gold (Karachi) Rs/10 gm 40,114 n/a CENTRAL BANK AUCTIONS Treasury bill auction results: ...
The Government has put the derailed economy back on track, contained inflation and improved investors' confidence in the past one year, Prime Minister Narendra Modi said today while promising to do more in the coming days to meet the "high expectations" of people."Economic growth has been revived, and (India) is amongst the fastest in the world. Inflation is substantially down. Fiscal prudence has ...
* Net profit 17.17 bln rupees vs est 40.95 bln rupees * Lower profit at JLR division * India unit net loss widens (Adds details about luxury unit and India business) By Zeba Siddiqui MUMBAI, May 26 (Reuters) - Tata Motors Ltd, India's biggest automaker by revenue, reported a surprise drop in quarterly earnings on Tuesday, hit by higher costs and lower profit at its luxury Jaguar Land Rover ...
New Delhi: Tata Motors Ltd, India's biggest automaker by revenue, reported a drop in quarterly net profit due to a spike in costs despite steady sales of its luxury Jaguar Land Rover unit and an increase in demand for its cars in its home market. Tata Motors reported a 56 percent fall in net profit to 17.17 billion rupees ($268.3 million) for the January-March quarter, compared with 39.18 billion ...
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