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Wall Street rose at the open on Wednesday as a slew of new corporate deals and a surge in bailed out U.S. financial stocks boosted investor sentiment. The Dow Jones industrial average was up 16.71 points, or 0.16 percent, at 10,581.09. The Standard & Poor’s 500 Index gained 2.45 points, or 0.21 percent, at 1,142.90. The... 

Shares in Fame India opened up 4.98 percent to 86.45 rupees, hitting its upper circuit, on Monday after Reliance MediaWorks said it has made an offer to acquire 62.08 percent in it at 83.4 rupees a share, countering a bid by rival Inox Leisure.  Read More →

Despite a significant current account shortfall the rupee may rise on the back of large capital inflows, the prime minister’s economic advisory panel chairman said on Tuesday.  Read More →

Tata Steel Ltd, the world’s No. 8 steel maker, posted a 42 percent fall in consolidated quarterly profit as operations of European unit Corus and lower prices weighed, but beat market expectations. Tata Steel reported a net profit of 4.72 billion rupees ($101.9 million) in its fiscal third quarter ended December, compared... 

Mumbai, Feb 15 (PTI) Healthcare products maker Amrutanjan Health Care Ltd today said it would seek shareholders” consent for buying back over 7.57 lakh equity shares of Rs 10 each at a price not exceeding Rs 550 per piece.  Read More →