Facebook to buy WhatsApp for $19 billion

California, Feb 20 (ANI): In a landmark deal that places the world's largest social network closer to the heart of mobile communications, Facebook will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock. The transaction involves $4 billion in cash, $12 billion in stock and $3 billion in restricted stock that vests over several years. The WhatsApp deal is worth more than Facebook raised in its own IPO and underscores the social network's determination to win the market for messaging. Founded by a Ukrainian immigrant Jan Koum, and a Stanford alumnus, Brian Acton, WhatsApp is a Silicon Valley startup fairy tale, rocketing to 450 million users in five years and adding another million daily. Feb 20, 2014

BSE closes points 106.77 up on Feb 19

New Delhi, Feb 19 (ANI): Trading at the Bombay Stock Exchange today closed 106.77 points up to stand at 20,740.98. At the National Stock Exchange the Nifty closed 25.65 points up to stand at6,152.75. Adani Enter and Financial Tech were among the top gainers of Group A with an increase of 7.04% and 4.99% along with MCX and Gujarat Mineral with an increase of 4.95% and 3.82 % respectively, while the top losers of Group A include Jindal Steel and Tata Communication with a decrease of 2.79 % and 2.73 % along with Indian Bank and Bank of India with a decrease of 2.29% and 2.09% at the close of the markets. The Auto sector is down 7.06 points at 12,168.14 while the banking sector is up 41.65 points at 12,115.87 and the realty sector is up 5.21 points at 1,212.29. The Indian currency is down 0.32% at Rs 62.16 per dollar. Feb 19, 2014

BSE closes points 145.47 up on Feb 18

New Delhi, Feb 18 (ANI): Trading at the Bombay Stock Exchange today closed 145.47 points up to stand at 20,609.53. At the National Stock Exchange the Nifty closed 53.80 points up to stand at6,127.10. ABB India Ltd. and Jindal Steel were among the top gainers of Group A with an increase of 12.44% and 7.03% along with Siemens and Adani Power Ltd. with an increase of 6.22% and 5.97% respectively, while the top losers of Group A include Hindustan Zinc and Motherson Sumi with a decrease of 2.56% and 2.27% along with Suzlon Energy and Jain Irrigation with a decrease of 2.21% and 1.75% at the close of the markets. The Auto sector is up 112.06 points at 12,171.03 while the banking sector is up 226.84 points at 12,025.21 and the realty sector is up 6.01 points at 1,206.03. The Indian currency is down 0.32% at Rs 62.16 per dollar. Feb 18, 2014

BSE closes points 110.19 up on Feb 17

New Delhi, Feb 17 (ANI): Trading at the Bombay Stock Exchange today closed 110.19 points up to stand at 20,477.01. At the National Stock Exchange the Nifty closed 24.95 points up to stand at 6,073.30. Financial Technologies and Tata Motors Ltd. were among the top gainers of Group A with an increase of 4.98% and 4.74% along with MCX and Adani Power Ltd. with an increase of 4.35% and 3.95% respectively, while the top losers of Group A include Suzlon Energy and NMDC with a decrease of 5.04% and 4.92% along with The Ramco Cements and Amara Raja with a decrease of 4.32% and 3.20% at the close of the markets. The Auto sector is up 116.12 points at 12,084.10 while the banking sector is up 166.33 points at 11,824.11 and the realty sector is down 9.96 points at 1,200.02. The Indian currency is down 0.17% at Rs 62.03 per dollar. Feb 17, 2014

BSE closes points 180.94 up on Feb 14

New Delhi, Feb 14 (ANI): Trading at the Bombay Stock Exchange today closed 180.94 points up to stand at 20374.29. At the National Stock Exchange the Nifty closed 51.50 points up to stand at 6052.60. Financial Technologies and Tata Motors Ltd. were among the top gainers of Group A with an increase of 4.99% and 3.47% along with Bharti Infratel and SAIL with an increase of 2.76% and 2.73% respectively, while the top losers of Group A include Bajaj Auto and HDIL with a decrease of 2.94% and 2.53% along with Jain Irrigation and TV18 Broadcast with a decrease of 2.48% and 2.36% at the close of the markets. The Auto sector is up 13.41 points at 11,804.69 while the banking sector is down 59.61 points at 11,683.77 and the realty sector is up 26.85 points at 1,232.20. The Indian currency is down 0.38% at Rs 62.18 per dollar. Feb 14, 2014
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