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Indian markets ended sharply higher on Monday led by gains in frontline stocks from metals IT, banks and capital goods space. It was the highest closing for the benchmarks since last October. Bombay Stock Exchange’s Sensex closed...

NEW YORK: American International Group Inc is close to selling its Japanese headquarters for about $1 billion and the expected buyer is a Japanese insurance company, the Wall Street Journal reported, citing people familiar with the matter. With Japanese markets closed...

MUMBAI: Rupee on Tuesday depreciated by 27 paise at 50.57 against the US currency in early trade on heavy capital outflows by  funds on expectations   of weak opening of the domestic stock markets in line with other Asian equity markets. Dealers said...

MUMBAI: Tata Consultancy Services (TCS), India’s top software service company, on Monday reported a fourth quarterly profit of Rs 1,333 crore for FY09, up 7% year-on-year in a challenging economic environment that has seen IT spends being cut, putting pressure...

CAPE TOWN: The five-week long Indian Premire League Twenty20 cricket series that kicks off here on Saturday could give the South African economy a cash injection of up to two billion rands, according to IPL chairman and commissioner Lalit Modi. Speaking...

NEW YORK: Google reported a 9.2 per cent rise in quarterly net profit, but the Internet search giant said revenue declined for the first time ever in consecutive quarters. The Mountain View, California-based company reported a net profit for the...

SAN FRANCISCO: It’s been more than a year since Microsoft Corp’s unsolicited bid to buy Yahoo Inc ended in tatters and acrimony.  Now the two companies are talking again, with the less contentious agenda of forging an Internet search advertising...

BANGALORE: Gloomy times don’t seem to bother our netas. They are spending lakhs of rupees on performing homas/pujas seeking the blessings of God. And the cost? Rs 40 lakh to Rs 50 lakh per homa! The turnover for the astrology...

MUMBAI: Markets opened higher Friday in line with other global markets. Realty, Metals and stocks were amongst the major gainers. At 9:55 am, National Stock Exchange’s Nifty was at 3405.50, up 36.30 points and Bombay Stock Exchange’s Sensex was at...

MUMBAI: Bears outsmarted the bulls on Thursday as every attempt at a pullback was met with an intense sell-off after a sharp rally in the previous session. The market ended in the red for the first time since March 30....