On the Sensex chart, HDFC, L&T, SBI, Axis Bank, Bajaj FinServ and HDFC Bank were major laggards - dropping up to 2.62 per cent. NSE Nifty closed with a loss of 164.85 points at 15,080.75.
Were you desperate to land an astrologically auspicious date for your wedding? How did it pan out?
For many in India, the post-midnight swoop on hundreds of anti-Wall Street protestors camping at the Zuccotti park area of New York since the past two months brought back memories of the manner in which the Delhi Police evicted Baba Ramdev from Ramlila Maidan.
According to the publication, in July, McGraw-Hill Cos, owner of BusinessWeek, said it was putting the magazine on the block. Since then, McGraw-Hill and its investment bank, Evercore Partners Inc, have had discussions with several parties.
Private equity firm Elevation Partners has invested $120 million in Facebook Inc by buying shares of the social networking site, a media report said.
"Google, as part of its goal to allow shoppers to use their mobile devices, rather than physical credit cards, to pay for goods in retail stores, is working on a potential partnership with electronic-payments company VeriFone Systems Inc," The Wall Street Journal reported citing a source.
The Wall Street Journal is working towards aligning its India strategy to the practices it follows globally, that is, to increase focus on digital distribution.
The global financial crisis that started in the later part of 2008 following the collapse of the Wall Street investment bank Lehman Brothers may be over but the cleaning up process is still on, said Chairman of Federal Deposit Insurance Corporation Sheila Bair on Tuesday.
He asked world leaders to use the upcoming G-20 summit in Cannes to find solutions for the entire global economy and not focus merely on domestic financial concerns.
Goldman Sachs is seeking to avoid a fraud charge as part of its settlement with the United States market regulator SEC, which had charged the investment banking major with defrauding investors by misrepresenting facts, a media report said.
Lehman Brothers Holdings Inc's estate has filed a lawsuit against JPMorgan Chase, alleging that the Wall Street major siphoned billions of dollars just days before the demise of the company.
Berkshire has reduced its stake as various regulatory inquiries and a slowdown in the business of rating lucrative structured bonds has taken a toll.
A private funeral for Apple co-founder Steve Jobs, who died on Wednesday after a seven-year battle with pancreatic cancer, was held, according to a media report. It was a small private gathering on Friday, the Wall Street Journal quoted a person familiar with the matter as saying.
A private funeral for Apple co-founder Steve Jobs, who died on Wednesday after a seven-year battle with pancreatic cancer, was held, according to a media report. It was a small private gathering on Friday, the Wall Street Journal quoted a person familiar with the matter as saying.
Lawyers of embattled Goldman Sachs met with representatives of the US market regulator SEC this week, a move seen as an attempt to settle the lawsuit against the banking major, according to reports.
The conviction of Pakistani national Ajmal Kasab by a Mumbai court in 26/11 terror attack case has been widely carried in the US media on Tuesday, the day on which it was itself grappling with trying to find out who was behind the failed Times Square car bombing.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Goldman Sachs' director Rajat Gupta tipped off Raj Rajaratnam, an accused in insider trading scam, about a deal between Buffett-led Berkshire Hathaway and the Wall Street giant, before the public announcement.
An advertisement by Pakistan in America's leading daily the Wall Street Journal on the 10th anniversary of the 9/11 attacks has not gone down well with readers in New York with some calling the ad a "joke".
The US government is examining the possible role of Goldman Sachs and well-known investment banker Rajat Gupta in the Galleon hedge fund insider trading scam, says a media report.
A Wall Street Journal report quoted a Yahoo insider as saying that 'Yahoo is open to selling itself to the right bidder'.
'Magic Bus'will allow the kids to get sports coaching and counselling.
The US Federal Trade Commission is understood to be preparing for an antitrust challenge against Internet giant Google's proposed purchase of mobile advertising firm AdMob, a media report says.
The US-hosted Nuclear Security Summit, to be attended by leaders of 40 countries including Prime Minister Manmohan Singh, is expected to issue a communique endorsing a global crackdown on illicit trade of nuclear material. A draft communique also calls for securing all vulnerable nuclear materials within 4 four years, The Wall Street Journal reported on Wednesday.
Eid ul Fitr or the 'festival of fast breaking' is the most celebratory of all Muslim festivals.
As per the study of CEOs of 200 major US companies, the median compensation fell marginally by 0.9 per cent to $6.95 million in 2009, the Wall Street Journal said, citing an analysis by Hay Group management consultancy.
Google Inc has asked some television-set makers to delay the launch of TV sets based on the internet company's software, says a media report.
New York prosecutors are poised to file civil fraud charges against Ernst & Young.
A few weeks ago, contrary to speculations among the Chinese, Zhao Baige, deputy director of the National Population and Family Planning Commission of China, announced that the country would be continuing with its one-child policy for another five-year term starting 2011.
India's Permanent Representative to the UN Hardeep Puri invited over two dozen journalists from the mainstream American media, including the New York Times, the Wall Street Journal and the Washington Post, at a working luncheon to get its point of view on the UN reform process across.
Infosys was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bajaj Finance, HCL Tech, Tata Steel, Tech Mahindra and NTPC. On the other hand, Maruti, Sun Pharma, HUL and ITC were among the laggards. Nifty rose 122.15 points to 17,343.55.
Internet search engine giant Google is testing a new TV-programming search service with satellite television operator Dish Network Corp, a move that would allow users to find content from television and the web.
The trustee liquidating the assets of imprisoned scamster Bernard Madoff has sued J P Morgan seeking damages worth $6.4 billion for allegedly aiding the fraud committed by him.
US will supply sophisticated laser-guided-bomb kits, 12 American-made surveillance drones and 18 late-model F-16 fighters to boost Pakistani forces capability to strike in remote tribal areas, a development which could spark unease in New Delhi.
In an apparent bid to strengthen ties both with India and Pakistan, and create new opportunities for the country's defence firms, the United States is considerably increasing arms sales to the two nuclear powered South Asian nations, a report in the Wall Street Journal (WSJ) said.
A record 15 million people around the world this year entered America's green-card lottery, an immigration scheme offering a quick path to legal and permanent United States residency for 50,000 people annually, a media report said on Monday.
AIG Rail Services Inc, a Chicago business that is part of AIG's financial-services division, was set up around five years ago and provides rail-car leases and equipment financing to shipping companies, railroads and others.
Apple's nascent interest comes as Hulu's owners look to sell the popular property. Hulu's owners include Comcast Corp, News Corp and Providence Equity Partners.
Asserting that the Pune's German Bakery blast should not derail the upcoming foreign secretary-level talks between India and Pakistan, one of the key aides of President Barack Obama, Senator John Kerry has said that Washington is ready to assist both countries, and that the long-pending Kashmir issue should not be a 'prerequisite' in the initial conversation.
The internal battle within the Obama administration seemed to have been won by Paul Volcker, the impressive and outspoken former Federal Reserve chairman who has long been a critic of financial innovation.
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