Bharti Airtel, Idea Fall on Higher Spectrum Auction Price

Analysts say higher auction price for nationwide spectrum is likely to put additional burden on the balance sheet on mobile carriers, which are already indebted heavily. High interest costs have also ...

















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Sensex Falls 180 Points, Coal India Sinks 5%

Coal India fell over 5 per cent to a day low of Rs 364.20 as the government announced a 10 per cent stake sale in the company. The stock was the top loser in the 50-share Nifty benchmark in early trad...

















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Coal India Slumps 5% on Stake Sale Announcement

Analysts say the share sale price will likely be at a discount to the current market price to attract investors. Retail investors will get another 5 per cent discount on the floor price.

















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Gold Retreats as Fed's Upbeat Outlook Boosts Dollar

The prospect of an increase in US rates makes non-interest-bearing assets such as gold less attractive and that helped pull bullion further away from a five-month peak reached last week.

















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Oil Near Six-year Lows After US Stockpiles Hit Record High

The US Energy Information Administration (EIA) said domestic crude oil stocks rose by almost 9 million barrels last week to reach nearly 407 million, the highest level since the government began keepi...

















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McDonald's CEO Pays Price for Growing Woes

The firm behind the world-famous Big Mac had been under pressure from investors to take swift action after seeing the business weaken in the past year under Thompson, one of the United States' top Afr...

















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Samsung Electronics Q4 Profit Meets Guidance

Samsung Electronics Co Ltd on Thursday reported its first annual earnings decline in three years, as strong chip earnings failed to make up for weakness in the South Korean giant's smartphone business...





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Coal India, HDFC Bank in Focus Today

The Nifty is likely to open lower on Thursday tracking weak global cues. Traders expect a volatile session on account of January contracts expiry. Sentiment is likely to be buoyant as foreign investor...

















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Fed Upbeat on US Economy, Cites Strong Job Gains

The Fed repeated it would be "patient" in deciding when to raise benchmark borrowing costs from zero, though it also acknowledged a decline in certain inflation measures.

















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Facebook Annual Revenue Tops $10 Billion for the First Time

Facebook co-founder Mark Zuckerberg described 2014 as a year of heavy investments, with "big bets" placed on mobile communication and next-generation computing with multibillion-dollar buys of WhatsAp...

















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