In a statement, Rosen Law Firm said it is investigating potential securities claims on behalf of shareholders of Infosys resulting from allegations that the company may have issued materially misleading business information to the investing public.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The PE biggie has committed to pumping money into Jio Platforms, Byju's and Reliance Retail so far this year - all marquee names in their respective sectors.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The market valuation of Reliance Industries, the country's most valued firm, is fast nearing the Rs 10 lakh crore mark, surpassing British energy major BP Plc.
The New York Stock Exchange was back in business on Wednesday.
NSE recorded almost 145 crore (1.45 billion) equity trades on its platform last year, a gain of 3 per cent from 2012, making it the biggest among 51 global peers, according to data with the World Federation of Exchanges.
The industry needs to change its business model.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
India, which has about 137 million internet users, accounted for eight per cent of the total phishing attack volume worldwide in April.
Given the dimensions, it is bound to have at least ripple effects across markets. Could ripple turn into cascade? asks Devangshu Datta.
When anonymous tweeter @Comfortablysmug tweeted 'Breaking: Confirmed flooding at NYSE (New York Stock Exchange) The trading floor is flooded under more than 3 feet of water,' it was picked up by the National Weather Service, the Weather Channel and CNN.
Will space tourism with a niche market of serving only the uber-rich ever be profitable, asks Kumar Abishek.
The two largest stock exchanges of the world cut salaries of their CEOs.
Ratan Tata has got over Rs 1 crore as compensation for serving as an independent director on the board of NYSE-listed Alcoa Inc during 2012.
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Meanwhile, NSE was also ranked first in number of equity trades for the first half of 2013 with a total of 71.18 crore (711.8 million) trades.
Top officials of stock exchanges NYSE, Euronext, SIX Swiss Exchange were in Mumbai today to encourage companies to list with them.
At market close, the oil-to-telecom conglomerate's market capitalisation (m-cap) zoomed to Rs 10,01,555.42 crore on BSE.
For the first time since the September 11 terror attacks, the New York Stock Exchange and Nasdaq suspended all trading on Monday as the United States eastern seaboard braced for Hurricane Sandy, dubbed as one of the most dangerous storms to hit the the country.
China dominates the world of mobile telecommunications with the largest subscriber base.
For the first time, an entry from the South Asia region will go to compete at the international level. Kadakia would represent South Asia at the 30 Global Dorm Room Student Entrepreneur of the Year Award on November 17.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
While stock exchanges worldwide are consolidating, not much action is happening in India due to the cap on equity holding in stock exchanges.
WNS, an NYSE-listed business process outsourcing company, recorded good second quarter numbers, reflecting the improving market conditions in global markets. Neeraj Bhargava, Group CEO, attributed the performance to better volume growth and a robust pipeline. In a chat with Business Standard, he spoke about the recent stake sale talks with Warburg Pincus, appointing a new CEO and other issues.
With the developments in Satyam Computer unfolding shocking irregularities, Wipro Technologies, a NYSE-listed company, on Wednesday said this incident is one of its kind and is unlikely to affect the industry.
Two more directors on Monday resigned from the board of Satyam Computer Services, taking the number to three, following differences over an abortive acquisition deal involving two firms promoted by chairman Ramalinga Raju's family.
In an interview with K Rajani Kanth, NCR Corporation's managing director (India, Nepal and Sri Lanka) Pradeep Sen outlines the company's road map for India, including its plans to scale up its research and development efforts, manufacturing capacity expansion and taking the partner-ecosystem route to penetrate the petroleum and general retail segment.
The Department of Telecommunications (DoT) has selected NYSE-listed Syniverse Technologies as one of the two companies to implement mobile number portability (MNP) services in the country.
The company said the committee, headed by independent director D Sundaram and assisted by independent legal counsel Shardul Amarchand Mangaldas & Co, and PricewaterhouseCoopers, found that the "allegations are substantially without merit".
A US Securities and Exchange Commission team is in India to probe the multi-crore rupee accounting fraud at NYSE-listed Satyam Computer and is taking the help of local agencies to this end.
I think the United States must realise that today 60 to 70 per cent of the growth of the revenues of large American companies comes from India and China.
W L Ross & Co has acquired 1.8 million American Depository Receipts (ADRs) of Satyam (Mahindra Satyam) from NYSE Euronext for $4.6 million (over Rs 20 crore) at an average price of $2.5 per share, the parent firm of W L Ross, Invesco, said in a Securities and Exchange Commissions (SEC) filing.
Hiring is currently underway for operations staff as well as human resources, information technology, facility management, and training personnel. Full staffing of up to 1,000 employees is expected over the next several months.
Indian shares listed on the American bourses settled mostly in the red, while Infosys defied the trend, after the New York Stock Exchange halted trading in Satyam Computer at its bourses.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The proposed merger between two state-run telecom giants -- Bharat Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited -- might have hit a roadblock, but both the companies plan to synergise their operations across the country.
Saffron Asset Advisors, which manages the real estate investments of NYSE Euronext-listed Yatra Capital, is now planning to launch a bouquet of funds focusing on India. The company is aiming at a total corpus of Rs 4,000 crore (Rs 40 billion) in the next couple of years.Starting from real estate, the company will launch sector-specific funds such as healthcare, logistics, infrastructure, hospitality.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The MCX chief was in the US to clinch a deal with the NYSE that has bought 5 per cent stake in MCX.
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