Markets
TMT
Wipro Q4 Net Rises 4%, Beats Forecast
Wipro Ltd, India's third-largest software services exporter, posted a 4.2% rise in quarterly profit, beating forecasts.Wipro, which offers IT solutions ......
General
Citigroup Posts Smaller Loss; Shares Surge
Citigroup Inc said cost-cutting and improved results from investment banking and trading led to a substantially smaller first-quarter loss, despite ......
Infrastructure
Private Equity, Hedge Funds Invest in Unitech's $325 Mn QIP
India's second-biggest real estate developer Unitech Ltd has raised $325 million through qualified institutional placement (QIP) issue. The funds have ......
General
TCI's Asia Chief Resigns; Third Major Departure This Year
The revolving door at The Children’s Investment Fund keeps on spinning: The top man in Asia at the activist hedge ......
Infrastructure
SEBI Okays Bhushan Steel's Open Offer For Orissa Sponge
Orissa Sponge Iron & Steel, which is a takeover target of three suitors, is back in the news. One of ......
General
JP Morgan Reports Net Income Of $2.14 bn, Beat Street View
JPMorgan Chase says it earned $2.4 billion, or 40 cents a share beating the analysts estimates of 30 cents a ......
TMT
Tech Mahindra Raises $175 M Of Debt To Fund Satyam Acquisition
Indian software services group Tech Mahindra, which is awaiting regulatory approval to buy Satyam Computer Services, has raised $175 million through ......
TMT
Infosys Paints A Gloomy Picture For 2009-10
It's really a bleak economic environment. Even India's bluest chip IT firm Infosys Technologies has forecast a drop in annual ......
General
NMCE In Talks With Investors For Stake Sale-CEO
The National Multi-Commodity Exchange (NMCE) is in talks with a few domestic and foreign investors to sell a stake in ......
General
Hedge Funds Join The Rally On Wednesday
Private equity and hedge funds seem to be playing their parts in the brief rally that the Indian stock markets ......
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