Companies

BSE closes points 245.27 up on Dec 19

New Delhi, Dec 19 (ANI): Trading at the Bombay Stock Exchange today closed 245.27 points up to stand at 27,371.84. At the National Stock Exchange the Nifty closed 65.90 points up to stand at 8,225.20. NCC and GUJARAT GAS CO.LTD.were among the top gainers of Group A with an increase of 10.60% and 10.54% along with JSW ENERGY and ATUL with an increase of 9.55% and 8.62% respectively, while the top losers of Group A include Vakrangee Ltd. and IIFL with a decrease 19.14% and 8.45% along with POLARIS and TORNT POWER with a decrease of 6.77% and 6.70% at the close of the markets. The Auto sector is down 23.33 points at 18,366.56 while the banking sector is down 159.61 points at 21,146.99 and the reality sector is down 11.86 points at 1,498.95. The Indian currency is down 0.11% at Rs 63.18 per dollar.

Dec 19, 2014

American Apparel Receives Acquisition Bid from Irving Place Capital; Is Dov Charney Planning a Comeback?

American Apparel, the famous hipster clothing brand, was reportedly approached by private equity firm Irving Place Capital for a possible buyout right after it fired controversial CEO Dov Charney.

Dec 19, 2014

Aer Lingus Rejects Takeover Bid from British Airways' Owner IAG, Citing Undervaluation

Aer Lingus, the Irish airline, rejected a takeover bid from IAG, the parent company of British Airways on Thursday asserting that the deal undervalues its worth.

Dec 19, 2014

BSE closes points 416.44 up on Dec 18

New Delhi, Dec 18 (ANI): Trading at the Bombay Stock Exchange today closed 416.44 points up to stand at 27,126.57. At the National Stock Exchange the Nifty closed 129.50 points up to stand at 8,159.30. POLARIS and DCB BANK were among the top gainers of Group A with an increase of 15.87 % and 15.27% along with TORNT POWER and PAGE INDUSTRIES LTD. with an increase of 12.11% and 11.12% respectively, while the top losers of Group A include PMCFIN and RASOYA PROTEINS LTD. with a decrease 9.09% and 4.52% along with HATHWAY and GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. with a decrease of 3.81% and 3.55% at the close of the markets. The Auto sector is up 398.67 points at 18,416.80 while the banking sector is up 509.33 points at 20,987.38 and the reality sector is up 36.40 points at 1,510.81.The Indian currency is up 0.17% at Rs 63.17 per dollar.

Dec 18, 2014

McDonald's Scaling Back on Its Quarter Pounders, Premium Chicken Sandwiches and Snack Wraps

McDonalds, the fast-food giant, announced on Monday that it would cut down the variety of offerings in its Quarter Pounder with Cheese, Premium Chicken Sandwiches and the Snack Wrap range in some select experimental markets.

Dec 18, 2014

Uber Promises to Invest in Customer Safety Amid Passenger Security Controversies

Uber announced in a blog post on Tuesday that it will invest in passenger security across all its markets.

Dec 18, 2014

BSE closes points 94.60 down on Dec 17

New Delhi, Dec 17 (ANI): Trading at the Bombay Stock Exchange today closed 94.60 points down to stand at 26,686.84. At the National Stock Exchange the Nifty closed 44.90 points down to stand at 8,022.70. ABAN and GREAT EASTERN SHIPPING CO.LTD. were among the top gainers of Group A with an increase of 6.07% and 6.01% along with RURAL ELECTRIFICATION CORPORATION LTD. and TORRENT POWER LTD. with an increase of 5.41% and 4.69% respectively, while the top losers of Group A include WOCKHARDT LTD. and PMCFIN with a decrease 10.45% and 10.00% along with BF UTILITIES LTD. and POLARIS with a decrease of 9.66% and 8.02% at the close of the markets. The Auto sector is down 304.97 points at 17,999.93 while the banking sector is up 42.17 points at 20,478.05 and the reality sector is down 23.17 points at 1,475.07. The Indian currency is up 0.16% at Rs 63.63 per dollar.

Dec 17, 2014

Dov Charney Fired! American Apparel Hires New CEO

Dov Charney, the CEO of American Apparel – the hipster clothing brand – has finally been given the boot months after first announcing the sacking. The company has hired fashion executive Paula Schneider, a new woman CEO to head the company.

Dec 17, 2014

BSE closes points 538.12 down on Dec 16

New Delhi, Dec 16 (ANI): Trading at the Bombay Stock Exchange today closed 538.12 points down to stand at 26,781.44. At the National Stock Exchange the Nifty closed 152.00 points down to stand at 8,067.60. JET AIRWAYS and HCL TECH were among the top gainers of Group A with an increase of 7.20% and 4.58% along with TCS and CMC with an increase of 3.40% and 2.48% respectively, while the top losers of Group A include PMCFIN and UNITECH with a decrease 19.05% and 10.75% along with JAIN IRRIGATION SYSTEMS LTD and PIPAVAVDOC with a decrease of 9.96% and 9.08% at the close of the markets. The Auto sector is down 299.08 points at 18,304.90 while the banking sector is down 612.41 points at 20,435.88 and the reality sector is down 59.19 points at 1,498.24. The Indian currency is down 0.87% at Rs 63.49 per dollar.

Dec 16, 2014