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bse marc faber stock markets crash valuation overpriced overbought india sensex s&p crash 2009 asian european world us

Markets heading towards 'gut wrenching drop', says Marc Faber

In a TV interview, investor Marc Faber says the fall in stock prices would "rival the greatest crashes" in the history of stock markets. Aug 10, 2016
UberMOTO arrives in Gujarat

All app-based cab services in Delhi to ply by metre and on fare fixed by government

The Delhi High Court had directed the Arvind Kejriwal-led AAP government to formulate this policy. Aug 10, 2016
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Bullish July car sales data fails to drive share prices of Maruti, Tata Motors, Mahindra

July car sales data released by Siam showed 9.62 percent increase, but that did not lift Maruti, Tata Motors, Mahindra share prices. Aug 10, 2016
Crude oil prices

Oil dips on oversupply; calls for producer meeting met with scepticism

International Brent crude futures were at $44.93 per barrel, down 5 cents. Aug 10, 2016
Hero Motocorp motorcycles two wheelers motorbikes sales production factory Neemrana automobiles auto market india agreement with honda munjal punjab gurgaon

Hero Motocorp reappoints Pawan Munjal as CMD for five years

Pawan Munjal's current term ends on Sept. 30, 2016; it has been extended by five years by Hero Motocorp. Aug 9, 2016
Spicejet quarterly results

SpiceJet launches Independence Day sale; offers discounted airfares at Rs. 299

The three-day-sale is valid from Tuesday until Friday (Aug. 11). Aug 9, 2016
Indian rupee investments

IDFC Bank launches its first branch in Northeast region

The bank also set up an ATM facilities in rural locations of Meghalaya. Aug 9, 2016
Bombay Stock Exchange building

RBI monetary policy statement impact: Sensex down but bank stocks gain after Rajan leaves repo rate unchanged

Stock markets did not react much to RBI chief Rajan's decision to leave repo rate unchanged. But bank stocks gained marginally. Aug 9, 2016

Idea Cellular Q1 net profits decline by 74.5 percent; revenues up 79 percent

Idea Cellular posted a 74.5 percent decline in net profit due to spectrum spending for the April-June 2016 quarter. Aug 8, 2016
Airbus group

Airbus under scanner in UK over charges of 'fraud, bribery and corruption'

France-based aerospace company Airbus said it was cooperating with the on-going probe by the U.K. Aug 8, 2016
Phone Bills To Go Up By 10-15 Percent In Coming Months; Carriers Owe Government Crores In Spectrum Purchase

Naspers-backed Pay U to acquire fintech firm Citrus Pay in all-cash deal

The Nasper-Citrus deal is expected to close by the end of August or September this year. Aug 8, 2016
wipro q3, wipro q3 results, wipro share price, wipro interim dividend, wipro t k kurien retires, wipro it revenues, wipro q4 guidance

Wipro, Infosys to witness rising operating costs as SEZ tax exemption nears expiry

The SEZ contract of Infosys, Wipro and HCL Technologies will expire during the next five years in Karnataka. Aug 8, 2016
Sony Pictures studios

Sony Pictures all set to buy Zee's Ten Sports: Report

The value of the deal is estimated to be around Rs. 2,000 crore. Aug 8, 2016
spicejet aviation civil passenger volume dgca traffic india growing budget low cost carrier airline data merchanise share price loss net profit results q1

Delhi High Court to hear SpiceJet dispute with KAL and Kalanithi Maran over share warrants today

The dispute between SpiceJet and its former owners — KAL Airways and Kalanithi Maran — pertains to non-issuance of share warrants. Aug 8, 2016
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HPCL, BPCL, IOC shares gain on BSE after brokerage estimates further upside on upbeat earnings

In a note, Nomura Global Markets Research said state-run HPCL, BPCL, IOC are in for better times ahead, lifting their share prices on BSE. Aug 8, 2016
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  • Elephant shot dead

    Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

  • Ladakh mishap

    Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

  • Tourist spots of J&K

    Filmmakers restoring golden era of film shooting in J&K; maiden film policy lures producers [details]

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