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Brexit

Brexit: Firms expect spending on IT to take a hit in short term

Infosys, Wipro and Zensar expect fluctuation in pound sterling would affect labour mobility contraints and cut in IT spending post Brexit. Jun 24, 2016
Tata Steel

Tata Steel's future in limbo as Britain exits EU

The shares of Tata Steel fell 6.61 percent to Rs. 311.70 on Friday on the Bombay Stock Exchange. Jun 24, 2016
BSE Sensex, NSE Nifty, budget 2017, stocks rally, buzzing stocks, wipro share price, kmb share price, hdfc bank share price

Indian stock markets' overreaction to Brexit unwarranted, says advisory firm

With its low share in India's exports and foreign direct investment, Europe does not matter much to India, said advisory firm Equinomics. Jun 24, 2016
NTT Docomo

London's arbitration court asks Tata Sons to buy Japan's NTT Docomo stake at $1.2 billion for breach of JV agreement

The London Court of International Arbitration asked Tata Sons to pay the damages for breach of joint venture agreement. Jun 24, 2016

Watch moment Leave vote win was officially announced

Britain has officially voted to leave the European Union in an historic referendum. Jun 24, 2016
Oil Rosneft company Russia

Indian oil firms evaluating investment in Russia's Rosneft: Dharmendra Pradhan

The petroleum minister said state-run refiners will look at buying a stake in Rosneft, which is planning to sell 19.5 percent stake. Jun 24, 2016
wgc gold demand report 2016, india gold demand, world gold demand trends, india gold jewellery, india gold prices, gold prices in india, gold prices in china, gold ETFs, gold demand in china

Gold prices rise almost 6% to hit 3-year high tracking global cues, weak rupee on Britain leaving EU

Gold prices spurted to a three-year-high of Rs. 31,708 in line with the fall in Indian rupee and increase in overseas markets. Jun 24, 2016
Tata Consultancy Services (TCS)

Infosys, TCS, Tech Mahindra recover losses after crashing in response to Brexit

Shares of Indian IT firms such as Tech Mahindra, Infosys and TCS dropped sharply after the EU referendum were out. Jun 24, 2016
Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Sensex recovers almost 500 points from day's low, Tata Motors biggest loser

The benchmark index closed at 26,398, down 605 points, as against initial loss of over 1,000 points in early trade. Jun 24, 2016

Nigel Farage: Let 23 June go down as our Independence Day

Farage adds, I now dare to dream that the dawn is coming up on an independent United Kingdom. Jun 24, 2016

Leave supporters cheer out, out, out

Supporters of Leave campaign buoyed by Leave being ahead after counting so far. Jun 24, 2016

Leave supporters cheer out, out, out

Supporters of Leave campaign buoyed by Leave being ahead after counting so far. Jun 24, 2016
Bombay Stock Exchange building BSE dalal street

Infosys, Wipro, other IT shares rise despite Brexit uncertainties, Nasscom's gloomy outlook

Nasscom had earlier predicted a "clearly negative" impact on Indian IT companies in the short-term if Brexit happens. Jun 23, 2016
Vodafone India

Vodafone India's market debut likely in 2017

The initial public offering, with a potential to raise $2.5 billion, is touted as India's largest IPO since 2010. Jun 23, 2016
Reliance communication advertisment

RCom, Aircel to soon conclude merger, combined entity to have new brand name

The new combined entity, a 50:50 joint venture between RCom and Aircel, will have revenues of about Rs. 25,000 by 2017. Jun 23, 2016
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