Sony expects to earn 10 percent of global business from India
Kolkata: Japanese electronic goods maker Sony is expecting to garner 10 percent of its total global business from India after five years.”At the moment, five percent of Sony’s revenue globally comes from India. Of course, we are aiming to … See the article here: Sony expects to earn 10 percent of global business from India More...
Rupee gains 28 paise against US dollar in early trade
News related to Markets The rupee rose by 28 paise to Rs 49.17 per US dollar in early trade on the Interbank Foreign Exchange today, supported by euro gains against the American currency and a rebound in the domestic More...
Gold, silver plunge on US, Europe
News related to Markets Gold and silver took a big knock on Monday and fell sharply as the swirling currents of a European economic turmoil shook the markets. HT reports. Europe’s debt takes life off markets More...
US crude back below $80 a barrel
News related to Markets Oil prices sank in afternoon Asian trade today, upending a short-lived rally as crude prices tracked diving Asian equities amid a strengthening dollar, analysts said. Read the More...
Silver tumbles 6% in futures trade on weak Asian cues
News related to Markets Silver tanked by Rs 3,224, or 6%, to Rs 50,502 per kg in futures trade today as speculators engaged in reducing their positions after prices of the precious metal tumbled by over 8% in the More...
Sensex down 111 pts amid weak Asian cues and euro zone fears
News related to Markets After dipping below the 16k level today, the BSE Sensex recovered some lost ground but still closed 111 points down at 16,051.10, tracking declines in Asian equities, amid concerns that policymakers More...
Asian markets drop as investors unload stocks
News related to Markets The sell-off in Asian markets continued today, as Europe’s prolonged debt crisis and the possibility of a global recession caused investors to flee riskier assets like stocks. More...
Siemens in SMART India push
Corporate Business News German engineering conglomerate Siemens is working on a plan to develop India as a manufacturing hub for those products that are custom-made for emerging markets. Vivek Sinha reports. More...
Aluminum engines for Tata cars
Corporate Business News Tata Motors is planning to take the aluminum route to woo the price-conscious Indian consumer. At a time when the sales of its products are falling faster than the industry average, the company More...
UBS CEO quits, board wants faster rejig
Corporate Business News Swiss bank UBS’ chief executive Oswald Gruebel resigned on Saturday, shouldering the blame after its scandal-hit investment banking business lost $2.3 billion in alleged rogue trading. More...