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Facebook IPO triggers retail investor craze (16 May 10:58 pm)

While many self-help books have come up, experts are advising investors to stay away.

Patni to delist from NSE on May 21 (16 May 10:34 pm)

In addition, the exchange has also decided to exclude Patni\'s scrip from CNX 200, S&P CNX 500 Index, CNX smallcap index and CNX IT index.

Samsung returns to top slot in global mobile market: Gartner (16 May 10:30 pm)

The Korean major, which sold 86.6 mn units, dethroned Nokia, which could sell only 83.2 mn units.

India cannot afford import of large quantities of crude: Pranab (16 May 10:23 pm)

India imports about 170 million tonnes, while domestic production is about 37-38 million tonnes.

FBI initiates probe into JPMorgan trading loss (16 May 10:01 pm)

The US investigative agency on Wednesday initiated an investigation into the over $2 billion trading losses by the investment bank. The move comes hours after two separate lawsuits by shareholders

Pranab’s austerity measures: What is in store (16 May 08:12 pm)

All ministries will likely be advised to stay within their Budgetary allocations, and may even be asked to freeze or cap certain expenses.

Falling rupee will help India’s equity market: Marc Faber (16 May 07:46 pm)

As far as India’s equity market is concerned, he said that the Sensex may bottom-out at the 12,000-16,000 level. “Rupee seems to be oversold in the near term. If the rupee depreciates by 10-20

Tips for Trade: Risk aversion leading to rupee’s fall; go for financials, metals (16 May 07:38 pm)

On our show Tips for Tomorrow, Ramanathan K, CIO - Single Manager Investments, ING IM India and Sharmila Joshi, Head-Equity, Fairwealth Securities, discuss the market performance of the day.

Shareholders sue JPMorgan Chase over trading loss (16 May 07:34 pm)

JPMorgan Chase & Co was the target of two separate lawsuits by shareholders on Wednesday. The investment bank had last week said that it suffered the $2 billion trading loss from a failed hedging

Videocon Industries Q1 net down 70% (16 May 07:04 pm)

The company had posted a net profit of Rs 166.69 crore in the same period of previous fiscal, Videocon Industries said in a filing to the BSE.

Apple readies iPhone with larger screen (16 May 06:39 pm)

Apple\'s decision to equip the next iPhone with a larger screen represents part of its competitive response to Samsung Electronics.

Greece election set for June 17 (16 May 06:32 pm)

Council of State president Panagiotis Pikrammenos will be the caretaker prime minister and organize the ballot after a May 6 poll failed to produce a government.

Why Infosys CFO disagrees with Nasscom (16 May 05:58 pm)

Even after the tepid numbers reported by IT companies for the March quarter, Nasscom has maintained an industry growth target of 11-14% in revenue.

Panel proposes radical changes to Land Acquisition Bill (16 May 05:48 pm)

The panel also recommended that land acquisition not be allowed for profit enterprises, even if it is being done by a public sector enterprise.

Ravi Narayan Bastia, the man who discovered KG-D6 fields, quits RIL (16 May 05:25 pm)

Bastia was in 2007 conferred the Padma Shri for finding the energy-hungry nation\'s second biggest gas find to date.

Rupee closes at all-time low of 54.49 to the dollar (16 May 05:12 pm)

The local currency had slumped to an all-time low of 54.46 against the dollar in afternoon trade

CCI gives go-ahead to Nippon’s stake buy in Reliance MF arm (16 May 04:39 pm)

The competition watchdog noted that Nippon Life has no direct operations or presence in India in the same space, except for a 26 per cent equity participation in Reliance Life Insurance Co.

Sensex falls 298 points in global selloff, Tata Motors plunges 7% (16 May 03:54 pm)

The Sensex breached the 16,000 mark in intraday trade for the first time in four months today.

Pranab wants austerity: What other countries are doing (16 May 03:37 pm)

Here’s a quick view of the austerity measures announced in the European Union.

Don't want to press panic button but austerity needed: Pranab (16 May 03:10 pm)

In his reply to the debate on the finance bill in the Rajya Sabha, Finance Minister Pranab Mukherjee talked about the Rupee decline as he attempted to allay fears about the state of the Indian

Samsung loses $10 bn in market value on Apple order report (16 May 02:59 pm)

Taiwan\'s DigiTimes, an online trade news site, reported that Apple recently placed large mobile DRAM orders with Elpida\'s 12-inch plant in Hiroshima.

Govt to introduce austerity measures, Pranab says in Rajya Sabha: Highlights (16 May 02:57 pm)

The finance minister addressed Parliament on Wednesday after rupee fell to an all-time low.

Sensex, Nifty off day's low, BPCL soars 5% (16 May 02:51 pm)

Sterlite Industries, Cairn India and Kotak Mahindra were the other big gainers on the Nifty index today.

Greeks withdraw €700 mn in one day from banks over euro exit fears (16 May 02:50 pm)

The spectre of Greece quitting the single currency sent the euro and European shares to a fresh four-month low.

Gas output from KG-D6 fields falls further (16 May 02:41 pm)

KG-D6, where water and sand ingress coupled with drop in pressure has led a drastic fall in per-well output, had produced 34.62 mmscmd in the beginning of March.