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Looking to expand its presence in India, Chinese ecommerce giant Alibaba's Chairman Jack Ma met Prime Minister Narendra Modi, as he came on a visit to India for the second time in just about four months.In his meeting with Modi, Ma discussed how Alibaba can help empower small businesses in India, the ecommerce major said without elaborating further."Had a very good meeting with Jack Ma," Modi tweeted."Jack ...
Morgan Stanley has upgrades Reliance Industries Ltd to "overweight" from "underweight", citing confidence about the conglomerate's downstream projects and improving outlook for telecoms business.Morgan Stanley said it expected earnings to grow 50 percent over the fiscal years 2015 to 2018.The investment bank has also raised the target price on the stock to 1,062 rupees from 922 rupees. ...
Gold edged lower on Tuesday and was heading for a second straight monthly fall, pressured by expectations the U.S. Federal Reserve will increase interest rates this year.Bullion has fallen nearly 3 percent, since hitting a three-week high above $1,200 an ounce last week, as the dollar gained after Federal Reserve Chair Janet Yellen on Friday signaled a rate hike is well on the central bank's cards ...
A rare emerald-cut 100-carat diamond is expected to fetch up to a whopping USD 25 million at an auction in New York. Sotheby's New York will place the internally flawless diamond up for auction at its Magnificent Jewels sale on April 21. "In terms of size and general shape, we have compared the diamond to a 9-volt battery," said Gary Schuler, head of Sotheby's jewelry department in New York. The ...
LONDON, March 31 (Reuters) - Financial spreadbetters predicted Britain's FTSE 100 to open flat on Tuesday, Germany's DAX to fall 16 to 20 points, or as much as 0.2 percent, and France's CAC 40 to drop 13 to 14 points, or as much as 0.3 percent. EUROPEAN COMPANIES REPORTING: Full Year 2014 Pirelli & C SpA Earnings Release Full Year 2014 Kingfisher PLC Earnings Release MACROECONOMIC ...
Mar 31 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA) for local debt instruments as of March 30, 2015. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ...
Looking to expand its presence in India, Chinese ecommerce giant Alibaba's Chairman Jack Ma met Prime Minister Narendra Modi, as he came on a visit to India for the second time in just about four months.In his meeting with Modi, Ma discussed how Alibaba can help empower small businesses in India, the ecommerce major said without elaborating further."Had a very good meeting with Jack Ma," Modi tweeted."Jack ...
A Singapore teenager has been charged with harassment and insulting a religious group for comments he made on social media about former premier Lee Kuan Yew and Christians soon after Lee's death, authorities said on Tuesday.Amos Yee, who police said was 16, was charged under the recently enacted Protection from Harassment Act over a YouTube video in which he celebrated the death of Lee, the founding ...

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 ...
LONDON, March 31 (Reuters) - Financial spreadbetters predicted Britain's FTSE 100 to open flat on Tuesday, Germany's DAX to fall 16 to 20 points, or as much as 0.2 percent, and France's CAC 40 to drop 13 to 14 points, or as much as 0.3 percent. EUROPEAN COMPANIES REPORTING: Full Year 2014 Pirelli & C SpA Earnings Release Full Year 2014 Kingfisher PLC Earnings Release MACROECONOMIC ...
Morgan Stanley has upgrades Reliance Industries Ltd to "overweight" from "underweight", citing confidence about the conglomerate's downstream projects and improving outlook for telecoms business.Morgan Stanley said it expected earnings to grow 50 percent over the fiscal years 2015 to 2018.The investment bank has also raised the target price on the stock to 1,062 rupees from 922 rupees. ...
LONDON, March 31 (Reuters) - Financial spreadbetters predicted Britain's FTSE 100 to open flat on Tuesday, Germany's DAX to fall 16 to 20 points, or as much as 0.2 percent, and France's CAC 40 to drop 13 to 14 points, or as much as 0.3 percent. EUROPEAN COMPANIES REPORTING: Full Year 2014 Pirelli & C SpA Earnings Release Full Year 2014 Kingfisher PLC Earnings Release MACROECONOMIC ...
China on Monday courted home buyers with a bigger tax break as it cut downpayment requirements for the second time in six months, stepping up a fight against sliding house prices that is imperiling the world's second-biggest economy.The People's Bank of China (PBOC) said on its website that commercial banks can now lower their minimum downpayment requirement for buyers of second homes, and with outstanding ...
LONDON, March 31 (Reuters) - Financial spreadbetters predicted Britain's FTSE 100 to open flat on Tuesday, Germany's DAX to fall 16 to 20 points, or as much as 0.2 percent, and France's CAC 40 to drop 13 to 14 points, or as much as 0.3 percent. EUROPEAN COMPANIES REPORTING: Full Year 2014 Pirelli & C SpA Earnings Release Full Year 2014 Kingfisher PLC Earnings Release MACROECONOMIC ...
BANGKOK, March 30 (Reuters) - Most Southeast Asian stock markets rose on Monday as inflows from end-quarter portfolios boosted select large caps, with the Philippine index rising to a record high and oversold Thai shares rebounding from recent losses. Asian stock markets were subdued in a week book-ended with Easter holidays across the globe and a U.S. jobs report that could affect the timing of ...
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