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Wall Street falters in volatile session on Fed worries

Thursday May 23, 2013

Wall Street fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest US Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meetin...

Vedanta Resources raises Rs 9,500 crore via bond issue

Thursday May 23, 2013

This is a landmark transaction for Vedanta, and it believes this represents one of the largest corporate high yield bond issuances out of Asia ex-Japan, the natural resources giant said adding that it is the fourth successful bond transaction.

Ranbaxy tanks after Daiichi blames former shareholders for $500 mn fine

Thursday May 23, 2013

Ranbaxy Laboratories slumped as much as 6.6 per cent on Thursday after majority shareholder Daiichi Sankyo said it believes former shareholders of the Indian company hid information regarding U.S. regulatory probes.

Dow, S&P close at new records on Fed hopes

Wednesday May 22, 2013

Wall Street rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as comments from Federal Reserve officials eased some concerns that the central bank could start reducing its stimulus program.

EU watchdog unveils caps for bank bonuses

Wednesday May 22, 2013

European Union regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash.

Srei Infra to raise Rs 1,500 crore via debentures

Tuesday May 21, 2013

Srei Infrastructure Finance Ltd said on Tuesday that its board has approved to raise Rs 1,500 crore by public issue of debentures in one or more tranches during the current fiscal year.

Wall Street drifts near record, Home Depot buoys Dow

Tuesday May 21, 2013

Wall Street was little changed in early trading on Tuesday with Home Depot at a record high and buoying the blue-chips while investors eyed congressional testimony from Fed chairman Ben Bernanke on Wednesday.

BenQ launches XL2411T 3D-ready LED gaming monitor for Rs. 22,500

Anupam Saxena | Tuesday May 21, 2013

BenQ has launched the XL2411T 3D-ready gaming monitor.

Gold prices may fall to Rs 23,500: analysts

Monday May 20, 2013

Gold futures for May delivery declined for the seventh straight session in domestic markets. The May Futures contract on the MCX traded 1.6 per cent or Rs 408 lower at Rs 25,427 per 10 gram as of noon.

Google Maps lead man kidnapped 23 years ago back to family

Press Trust of India | Saturday May 18, 2013

A Chinese man kidnapped 23 years ago at the age of five and sold to a family 1,500 km from his home, has been reunited with his family again, all thanks to Google Maps.

Tata Motors unit raises over Rs 1,500 crore via securities

Saturday May 18, 2013

Tata Motors said on Saturday that it has raised 350 million Singapore dollars (about $280 million or Rs 1,525 crore) through issue of securities in Singapore, mainly for redemption of preference shares.

Wall Street week ahead: Correction talk gets old as rally sails along

Sunday May 19, 2013

With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old.

Dow, S&P end at records, stocks mark fourth week of gains

Saturday May 18, 2013

Wall Street continued its climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies.

S&P 500, Dow close at new record highs

Saturday May 18, 2013

Encouraging news about the US economy extended Wall Street's rally on Friday. US stock indices rose for the fourth week in a row to end at record levels.

US stocks flip between gains and losses; Cisco climbs

Thursday May 16, 2013

Cisco Systems led the Dow Jones industrial average slightly higher Thursday after the technology company reported higher sales. Mixed corporate earnings and economic reports kept the major stock indexes flipping between slight gains and losses.