L&T plans to sell stake in some less-than-equal JVs

Three months after dividing its complex web of 64 businesses into nine independent entities, Larsen & Tourbo is shifting focus to joint ventures. The Rs 45,000-crore (Rs 450-billion) engineering......

Markets jump 3%, metals and bankex rally

Markets rebounded almost 3per cent on back of positive news from Europe and short covering in the frontline stocks. The Nifty ended up 137 points, at 4,888 and the Sensex advanced 440 points,......

Markets sink on global meltdown

The Sensex nose-dived 364 points in opening trades and continued to remain under pressure due to heavy selling in index heavyweights -Infosys, Reliance Industries and ICICI Bank. The BSE......

Sensex closes above 19K, heavyweights rally

Markets advanced 2% following firm global cues, sustained investment by foreign institutional investors and rally in heavyweight Reliance Industries.After grinding lower for three consecutive......