Pre helps Palm narrow loss, unveils share sale
SAN FRANCISCO (Reuters) – Robust sales of the Pre smartphone helped Palm Inc (PALM.O) post a smaller-than-expected loss, but a tepid second-quarter sales fore...
Updates from regulators, markets, and the wider Indian finance sector.
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SAN FRANCISCO (Reuters) – Robust sales of the Pre smartphone helped Palm Inc (PALM.O) post a smaller-than-expected loss, but a tepid second-quarter sales fore...
NEW YORK (Reuters) – Citigroup (C.N) Chief Executive Vikram Pandit said on Thursday that $100 million is too much for an employee to earn given the bank's ci...
HTML clipboard TOKYO (Reuters) – American Airlines will team up with British Airways (BAY.L) and Qantas Airways (QAN.AX) to make a joint alliance proposal to recapitalize...
HTML clipboard HONG KONG (Reuters) – Asian stocks retreated from 13-month highs on Friday and commodity prices dipped after data giving a conflicting picture about the strengt...
HTML clipboard Axis Bank on Thursday opened its qualified institutional placement (QIP)-cum-global depository receipts (GDR) issue through which it proposes to raise up to $...
HTML clipboard Taking forward the agenda for developing the corporate bond market, the Reserve Bank of India said it initially intends to allow repo transactions in only lis...
HTML clipboard State Bank of India, India's largest lender, was looking at acquisitions of up to $1 billion in the UK and expected to maintain a 40 per cent growth rate in...
HTML clipboard Prime Minister Gordon Brown's government may have to cut spending at the sharpest pace since Britain negotiated its finances with the International Moneta...
HTML clipboard India Inc's fund raising through private placement of debt surged 42 per cent to Rs 40,300 crore in the first quarter of the current fiscal, with over half...
HTML clipboardMUMBAI/BANGALORE: Infosys Technologies Wipro and HCL Technologies are among the software service providers that are laying foundation for the next roun...
HTML clipboardNEW YORK: The Reserve Bank of India's deputy governor hinted on Thursday it was too soon for the central bank to unwind its accommodative monetary polic...
HTML clipboard MUMBAI: The rupee is expected to weaken on Friday, tracking a drop in regional stocks and the dollar rise against major currencies * At 8:40 a.m...
HTML clipboardNEW DELHI -- ABG Shipyard Ltd. said Thursday it will continue to seek a controlling stake in Great Offshore Ltd. as a bidding war between two of India's bigge...
HTML clipboardNEW DELHI -- Wholesale prices in India rose for the first time in 14 weeks and analysts expect the inflation to outpace the Reserve Bank of India's forecast b...
HTML clipboardMUMBAI -- India should allow U.K.'s banks to open more branches here, U.K. Minister for Trade, Investment and Business Mervyn Davies said Thursday. "Not just...
HTML clipboardMUMBAI -- State Bank of India, the country's largest lender by assets, plans to open five new branches in the U.K., its chairman said Thursday. "We have seve...
HTML clipboardMUMBAI -- Indian fund managers may continue to deploy more cash in equities to make the most of the buoyant markets, even though the pace of investments slowed in...
HTML clipboardMUMBAI -- Tata Steel Ltd. may refinance around $900 million that it had raised to partly fund its acquisition of Anglo-Dutch steel maker Corus in 2007, a person f...