Earnings downgrades inevitable for capital goods sector
The December quarter results mirror the problems haunting capital goods firms
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Hexaware beats estimates again
The company expects revenues to grow by 20% to $370 million in 2012
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Sahara withdraws India cricket sponsorship, IPL team
We really feel such one-sided emotional relationship cannot be dragged (out) any further. We are withdrawing from all cricket under BCCI, says Sahara
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2G Case: Relief for Chidambaram, Swamy?s petition dismissed
Subramanian Swamy, in his petition, had sought making Chidambaram a co-accused in the 2G case alleging that he was as culpable as Raja in determining the price of the spectrum
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More than 200 killed in Syria?s Homs before UN vote
Syrian forces shell city of Homs, activists say; Western and Arab diplomats seek to avoid Russia UN veto; Moscow says resolution risks taking sides in civil war
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Forex loss pressures Chennai Petroleum?s profitability
The company reported gross refining margin has improved sequentially
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Markets rise for 5th week; Bharti extends gains
The 30-share BSE index provisionally ended 155.65 points higher at 17,587.50, with 22 of its components rising
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Rupee up on inflows; US jobs data eyed
At 9:02 am, the rupee was 49.09/10 to the dollar, stronger than Thursday?s close of 49.15/16
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Gold demand stays low, traders await price cues
The most-active gold for February delivery on the Multi Commodity Exchange was 0.07% lower at Rs 28,134 per 10 grams
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European shares slip back from six-month highs
At 1:37pm, the FTSEurofirst 300 index of top European shares was down 0.1% at 1,058.84 points, having hit its highest close since early August in the previous session
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Dr Reddy?s US biz bumps up sales and profit growth
The company?s sales rose by 46% to Rs2,769 crore and operating profit rose by 170% to Rs738 crore
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Alon Ushpiz | With FTA, scope of trade will at least double
Israel?s ambassador on the shared goal for FTA by year-end; offering expertise in defence, agriculture, high-tech
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Kingfisher Airlines? oneworld entry put on hold
In a joint media statement, Kingfisher Airlines and oneworld said both agreed to ?put the airline?s entry into the alliance on hold to give it time to strengthen its financial position?
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Mahindra Satyam receives I-T dept order attaching properties
The I-T department, in its order, sought to attach Mahindra Info City, the corporate headquarters of the company in Madhapur
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Retailers gear up for e-tailing as consumers go online
A report by Avendus Capital says e-tailing is set to become a Rs53,000 crore market by 2015
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