Search Results for: Tata Steel

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IT giant TCS pins hope in new government

Bangalore, May 18 (ANI): The CEO of India's IT services giant, Tata Consultancy Services Limited, N Chandrasekaran said that things would pick up much sooner after the landslide victory in general elections would embolden the BJP's PM-elect Narendra Modi on the global stage. He added that he expects the new government would adopt technology very significantly. Meanwhile, he also talked about the market perspective and said that US maintains to be very attractive as it continues to adopt technologies. Modi's landslide, the most resounding election victory India has seen in 30 years, was welcomed with a blistering rally on India's stock markets and raucous celebrations at offices across the country of BJP. May 18, 2014
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BSE closes points 216.14 up on May 16

New Delhi, May 16 (ANI): Trading at the Bombay Stock Exchange today closed 216.14 points up to stand at 24,102.52. At the National Stock Exchange the Nifty closed 79.85 points up to stand at 7,198.05. Indiabulls Real Estate and Sobha Dev were among the top gainers of Group A with an increase of 19.00% and 11.99% along with Punjab National Bank and Reliance Capital with an increase of 11.77% and 11.05% respectively, while the top losers of Group A include Financial Technology and Tata Steel with a decrease of 5.00% and 4.68% along with Dabur India and Cadila Health with a decrease of 3.83% and 3.64% at the close of the markets. The Auto sector is up 124.26 points at 14,230.62 while the banking sector is up 714.62 points at 16,994.36 and the realty sector is up 90.41 points at 1,605.57. The Indian currency is down 0.31% at Rs 58.98 per dollar. May 16, 2014
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BSE closes points 90.48 up on May 15

New Delhi, May 15 (ANI): Trading at the Bombay Stock Exchange today closed 90.48 points up to stand at 23,905.60. At the National Stock Exchange the Nifty closed 14.40 points up to stand at 7,123.15.Titan Company Ltd. and Apollo Tyres were among the top gainers of Group A with an increase of 5.99% and 5.64% along with National Aluminium Co.Ltd. and Tata Chemicals Ltd. with an increase of 5.51% and 5.34% respectively, while the top losers of Group A include JandK Bank and Asian Paints with a decrease of 5.45% and 4.89% along with Motherson Sumi and Tata Chemicals with a decrease of 4.81% and 4.58% at the close of the markets. The Auto sector is down 65.84 points at 14,106.36 while the banking sector is up 23.32 points at 16,279.74 and the realty sector is down 16.94 points at 1,515.16.The Indian currency is down 0.59% at Rs 59.33 per dollar. May 15, 2014
People walk past the Bombay Stock Exchange (BSE) building in Mumbai (Reuters)

BSE Sensex Hits Life High above 24,000 after Exit Polls

The BSE Sensex rose on Tuesday to a third consecutive record high, surpassing the key psychological level of 24,000 points as stocks tied to the domestic economy surged after exit polls showed the Bharatiya Janata Party (BJP) and its allies winning a majority in the elections. May 13, 2014
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Rebels Appeal to Join Russia after East Ukraine Referendum

Pro-Moscow rebel leaders in eastern Ukraine called on Monday for their region to become part of Russia, the day after staging a referendum on self-rule, although Moscow stopped short of endorsing their bid for annexation. May 13, 2014
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