News for 'Wall Street'

Markets have a flat closing

Markets have a flat closing

Rediff.com28 Sep 2010

The Sensex swung in a range of nearly 200 points before ending virtually unchanged at 20104, lower by 12 points and the Nifty ended at 6029, down six points.

FBI probes hacking at Citibank

FBI probes hacking at Citibank

Rediff.com22 Dec 2009

FBI is probing a computer-security breach targeting Citibank that resulted in a theft of tens of millions of dollars by hackers who appear linked to a Russian cyber gang, according to a media report.

Sensex on Mount 20k; Nifty scales 6000

Sensex on Mount 20k; Nifty scales 6000

Rediff.com21 Sep 2010

US markets jumped on Monday, taking the S&P 500 to its highest in four months. The Dow added 1.3% to 10,754. Nasdaq jumped 1.7% to 2,356.

No of women in US finance industry declining

No of women in US finance industry declining

Rediff.com20 Sep 2010

In the past 10 years, 141,000 women or 2.6 per cent of female workers in finance left the industry.

HP close to inking deal for ArcSight purchase

HP close to inking deal for ArcSight purchase

Rediff.com13 Sep 2010

A deal could be announced as early as Monday, The Wall Street Journal reported, citing people familiar with the matter.

'Foreign hands' in Indian business

'Foreign hands' in Indian business

Rediff.com10 Dec 2009

Just a decade ago, a kind of muscular nationalism was the leitmotif for talent management within Indian corporations. Any suggestion of bringing in foreign talent had managers bristling with indignation.

Markets stage a smart rally

Markets stage a smart rally

Rediff.com6 Sep 2010

The Nifty ended at 5576, up 97 points.

Burger King in talks over possible sale: Report

Burger King in talks over possible sale: Report

Rediff.com1 Sep 2010

Burger King Holdings Inc is in talks with private-equity firms like 3i Group Plc over a possible sale of the second-largest hamburger chain, says a media report.

Markets end lower

Markets end lower

Rediff.com31 Aug 2010

Nifty regained the 5400 mark to end at 5402, down 13 points.

Microsoft, News Corp in talks on Web content

Microsoft, News Corp in talks on Web content

Rediff.com23 Nov 2009

Microsoft has also approached other big online publishers to persuade them to remove their sites from Google's search engine

Ousted Mint editor Narisetti joins Washington Post

Ousted Mint editor Narisetti joins Washington Post

Rediff.com14 Jan 2009

Raju Narisetti, who recently quit the Hindustan Times group's business newspaper Mint, has now been named one of the two managing editors of the Washington Post. Reports said that The Post named two managing editors on Tuesday Narisetti, who spent considerable time at the Wall Street Journal and Elizabeth Spayd, who has held top posts in the paper's digital and print newsrooms.

Goldman Sachs head apologises for financial crisis

Goldman Sachs head apologises for financial crisis

Rediff.com18 Nov 2009

Goldman Sachs has bounced back spectacularly from the financial crisis and so far this year it has earmarked $16.71 billion as compensation.

AIG CEO Benmosche may resign

AIG CEO Benmosche may resign

Rediff.com11 Nov 2009

At a board meeting last week, Benmosche told fellow AIG directors that he was 'done' but agreed to think it over after other board members reacted with shock.

Markets slip on global slump; Sensex down 150 pts

Markets slip on global slump; Sensex down 150 pts

Rediff.com11 Aug 2010

The Nifty ended at 5420, down 40 points. The market breadth was weak. Out of 3059 stocks traded on the BSE, there were 1208 advancing stocks as against 1739 declines.

Markets have a quiet session

Markets have a quiet session

Rediff.com3 Aug 2010

The market breadth was positive. Out of 3055 stocks traded on the BSE, there were 1503 advanxing stocks as against 1422 declining stocks.

General Motors, Chrysler reopen merger talks

General Motors, Chrysler reopen merger talks

Rediff.com18 Dec 2008

General Motors Corp and Chrysler LLC have reopened merger talks, as Chrysler owner Cerberus Capital Management LP has signalled its willingness to give away part of its ownership in the auto maker, a media report said today, citing people familiar with the goings-on.

European investors lose billions in Madoff's Ponzi

European investors lose billions in Madoff's Ponzi

Rediff.com15 Dec 2008

European investors face billions of dollars losses in the wake of disclosure of 'Ponzi' scheme run by Bernard Madoff, now being investigated by the American authorities.

Auto bailout talks fail over wage dispute

Auto bailout talks fail over wage dispute

Rediff.com12 Dec 2008

The $14-billion bailout package for the troubled United States auto industry has collapsed in the Senate amid dispute over the wages paid to workers of the troubled manufacturing giants, according to a media report.

Lack of coordination during Mumbai attacks glaring

Lack of coordination during Mumbai attacks glaring

Rediff.com12 Dec 2008

United States Homeland Security Secretary Michael Chertoff has said the absence of an operational incident manager -- as was developed in the US after the 9/11 attack -- clearly was a major problem during the Mumbai terror attacks, where there was a glaring lack of coordination between various departments and agencies.

Microsoft plans job cuts: Report

Microsoft plans job cuts: Report

Rediff.com7 Jul 2010

The size of the job cuts could not be ascertained.

Twitter nears deal to raise $100 mn

Twitter nears deal to raise $100 mn

Rediff.com25 Sep 2009

Attributing to people familiar with the situation, The Wall Street Journal said, Twitter Inc is nearing a deal to garner as much as $100 million that would buy the fast-growing Internet-messaging company more time to chalk out its business model.

Hours left, Obama leads McCain: Poll

Hours left, Obama leads McCain: Poll

Rediff.com3 Nov 2008

Democratic presidential candidate Barack Obama entered final hours of the election campaign with a solid, though narrowing, lead over his powerful Republican rival John McCain.

Yes, there will be bonuses this year

Yes, there will be bonuses this year

Rediff.com25 Oct 2008

While the outlook is pretty grim, at least compared to last year's $33.2 billion bonanza, compensation consultants expect a 30 per cent to 50 per cent decline in payouts this year, but billions will still flow.

How to keep morale high when business is down

How to keep morale high when business is down

Rediff.com21 Oct 2008

Ways bosses can shepherd their staff through dark days.

Markets: The rally continues

Markets: The rally continues

Rediff.com11 Jun 2010

The NSE Nifty added 40 points to end at 5119. The market breadth was positive. Out of 2966 stocks traded on the BSE, there were 1533 advancing stocks as against 1304 declines.

Pakistan: Benazir to resort to 'virtual' campaigni

Pakistan: Benazir to resort to 'virtual' campaigni

Rediff.com23 Oct 2007

Pakistan's former prime minister Benazir Bhutto has said she is mulling a virtual campaign for Pakistan's upcoming general election that will use phone messages and taped speeches to avoid violent attacks like the suicide bombing of her homecoming rally in Karachi last week.

Facebook faces heat of Oppn parties over hate content

Facebook faces heat of Oppn parties over hate content

Rediff.com18 Aug 2020

The Congress claimed that Facebook has different rules for different countries and "that is not acceptable".

Citigroup, Wells Fargo agree on 44-hr truce

Citigroup, Wells Fargo agree on 44-hr truce

Rediff.com7 Oct 2008

This effectively freezes the legal fight in the courts until Wednesday noon (2130 IST) following Wells Fargo and Wachovia announcement of $15 billion deal which bested the earlier deal with Citibank. Meanwhile, the Wall Street Journal said discussions to resolve the mess are continuing, with the most likely scenario resulting in Citigroup buying branches from Wachovia in the Northeast and mid-Atlantic region.

Infosys: Most admired Indian company

Infosys: Most admired Indian company

Rediff.com14 Aug 2009

The survey takes into account factors such as financial reputation, vision, corporate reputation, quality and innovation.

'SEC to probe 24 hedge funds movement'

'SEC to probe 24 hedge funds movement'

Rediff.com25 Sep 2008

Hedge funds maximise absolute returns using a broad range of strategies including unconventional and liquid investments. Quoting people familiar with the matter the Wall Street Journal said: "The Securities and Exchange Commission ordered more than two dozen hedge funds to turn over trading information as it ramps up its investigation into whether traders were spreading rumours to manipulate shares."

Why markets are conversations

Why markets are conversations

Rediff.com7 Aug 2009

Markets are conversations, not merely devices for aggregating information. And value is not the same as price. All value is discovered inside a conversation and price is just one aspect of 'what's it worth to you'.

US meltdown: 5 lessons for investors

US meltdown: 5 lessons for investors

Rediff.com22 Sep 2008

The financial meltdown abroad should serve as a lesson for the investor. Save well for troubled times.

Pak: Militant accused of killing Daniel Pearl held

Pak: Militant accused of killing Daniel Pearl held

Rediff.com1 Aug 2009

In a major catch, Pakistani authorities on Saturday nabbed a top militant suspected of beheading the Wall Street Journal reporter Daniel Pearl in 2002.

NRI  wins top prize in medical reporting

NRI wins top prize in medical reporting

Rediff.com18 Sep 2007

Anand also authored a book The Cure: How A Father Raised $100 Million and Bucked the Medical Establishment in a Quest to Save his Children in 2006.

RIL among world's 100 most respected cos

RIL among world's 100 most respected cos

Rediff.com6 Sep 2008

Billionaire Mukesh Ambani-led Reliance Industries has made it to the annual list of the world's 100 most respected companies compiled by the Wall Street Journal, topped by US-based healthcare products major Johnson & Johnson.

Markets end higher

Markets end higher

Rediff.com30 Apr 2010

The Nifty shut shop at 5270, up 17 points. The market breadth was marginally positive at close. Out of 2998 stocks traded on the BSE, there were 1680 advancing stocks as against 1217 declines.

First Look: Gordon Gekko, back on screen

First Look: Gordon Gekko, back on screen

Rediff.com28 Aug 2007

Money Never Sleeps will be a sequel to 1987 classic, Wall Street.

Nooyi's growing clout in global business

Nooyi's growing clout in global business

Rediff.com3 Jul 2009

India-born PepsiCo chief Indra Nooyi has been the news recently for her trip to China, her remarks about the US Fed and her ability to handle the financial crisis.

Obama's salary $400,000 per annum, subject to tax

Obama's salary $400,000 per annum, subject to tax

Rediff.com7 Apr 2010

In addition to his taxable income of $400,000, the US President also receives additional allowance of $50,000 which is not taxable and is used for official purposes only.

The Good, The Bad And The Ugly actor Eli Wallach dead

The Good, The Bad And The Ugly actor Eli Wallach dead

Rediff.com25 Jun 2014

The actor was 98.