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Moneycontrol Top Headlines:
The Nifty closed above 5,100 led by positive global cues and surge in heavyweight Reliance Industries. India's largest private sector refiner saw a 34% gain in trading today. The sensex gained 158 points and closed at 17,180. (Read More)
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Moneycontrol Top Headlines:
The market is close to its intermediate high and cues from US markets are positive even as Asian markets are not reacting to them as well, says Udayan Mukherjee. (Read More)
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Financial Times:
Naveen Jain
rode the internet directory InfoSpace to a market value of $30bn during the dotcom boom. Now he is back in the spotlight. (Read More)
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Wall Street Journal:
NEW YORK (MarketWatch) -- Telegent Systems Inc. late Monday filed to raise up to $250 million in an initial public offering with underwriters Goldman Sachs and J.P. Morgan . The Sunnyvale, Calif. television-on-a-chip specialist plans to trade on the Nasdaq under the symbol TLG. Principal shareholders in the company include (Read More)
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Wall Street Journal:
HONG KONG (MarketWatch) -- Manulife Asset Management Hong Kong Ltd. said Tuesday it has signed an agreement to buy Fortis Bank SA's stake in a fund for 105 million euros ($157 million) to gain a "fast-track entry" into the Chinese asset-management industry. Manulife said the cash deal for Fortis' 49% stake in ABN Amro Teda (Read More)
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FT Alphaville:
China’s Haitong Securities has become the first mainland brokerage to acquire an overseas rival after agreeing to buy Hong Kong’s Taifook Securities for at least HK$1.8bn (US$235m). The deal is likely to be followed by other cash-rich mainland groups, which are anxious to gain a foothold in Hong Kong in preparation for the (Read More)
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Wall Street Journal:
LONDON (MarketWatch) -- Insurance group Aviva said Tuesday that Goldman Sachs International and Morgan Stanley, as joint global coordinators for the IPO of Aviva's Delta Lloyd unit, will partly exercise the over-allotment option granted in relation to the IPO. The over-allotment option has been exercised in respect of 4.55 (Read More)
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The Guardian:
As News Corp talks to Microsoft over Bing deal, how can the publisher ensure only paying customers see its online content?Fast forward three years and Sarah Palin's 2012 presidential campaign blows up spectacularly during a heated interview on Fox News. You didn't see the interview, but you really want to. Well, tough luck, (Read More)
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India Times:
The benchmark Sensex rose by 158 points to close at a five-week high after strong gains in market leader Reliance Industries counter and positive cues from global markets. (Read More)
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Wall Street Journal:
Gold bullion certainly appears to be exhibiting an impressive amount of strength in trading, with the nearby futures contract at late morning sporting a gain of some 2.1%, writes Mark Hulbert.
. (Read More)
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Wall Street Journal:
NEW YORK (MarketWatch) -- Treasury prices pared an earlier gain on Monday, pushing yields back to neutral, after a report showed resales of homes in the U.S. jumped 10.1% in October to a seasonally adjusted annual rate of 6.1 million, significantly higher than anticipated. Yields on benchmark 10-year notes fell 1 basis poi (Read More)
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The Guardian:
Music executives in the UK are looking to the home of Abba for signs their declining sales can be stemmed by new lawsThank you for the music. Or rather thank you for paying for the music, to borrow from Abba.Record labels are pointing to the dramatic rise in Swedish music sales, just months after the country introduced anti (Read More)
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The Economic Times:
Sensex ends higher; Tata Steel, Reliance leadBiggest Sensex gainers were Tata Steel, Reliance Industries, ITC, ACC & ICICI Bank. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE I Stocks 52 Week: High, Low. (Read More)
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Wall Street Journal:
NEW YORK (MarketWatch) -- U.S. stocks rallied at Monday's start, with energy and materials fronting the gains as gold and other commodities soared on a weaker U.S. dollar. The Dow Jones Industrial Average rose 107.92 points to 10,426.08. The S&P 500 Index climbed 14.78 points to 1,106.16. The Nasdaq Composite gained 27.6 (Read More)
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Created by: Ubinu
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Mar 13, 2008
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