The Multi Commodity Exchange (MCX), India's country's biggest commodity bourse by turnover, plans to launch an initial public offering on February 21 to raise up to $125 million, two sources with

After a shaky start and a subsequent choppy ride in positive territory, the market plunged sharply post release of the industrial production data for December, and, despite recovering some lost ground

The BSE Sensex closed down 0.46 percent on Friday, reversing early gains, after data showed the country's industrial output in December slowed sharply and Morgan Stanley cut its allocation for

​India's headline inflation rate is expected to have cooled to 6.60 percent year-on-year in January from 7.47 percent in December, helped by easing food prices , a Reuters poll showed. Inflation in

New Delhi: Both gold and silver prices on Friday rose on buying by stockists and jewellers for the ongoing marriage season. While gold recovered by Rs 25 to Rs 28,515 per 10 grams, silver rose by Rs

Gold traders in India, the world's biggest consumer, drifted back to the market on Friday as prices eased from their highest level in more than two months, dealers said. The most-traded gold for

If anyone can pull off the labyrinthine deal between Alibaba Group and Yahoo Inc , it is Jack Ma, who founded the e-commerce group and within a decade unlocked China's huge online shopping potential.

India and the European Union (EU) have made "substantial progress" towards concluding a free trade deal, European Council President Herman Van Rompuy said at an EU-India summit in New Delhi

Hospitals chain Fortis Healthcare (India) Ltd plans to add 600 beds in the country over the next six months and sees the hospitals business driving its growth in 2012/13 starting April, said Aditya

Barclays' key investment bank arm ended 2011 with its worst quarter for three years as the euro zone debt crisis hit bond trading, dragging the British bank's annual profit down on the year before.