Stock markets - world
Gupta protégé testifies in New York court
02 Jun 2012
Facebook shares fall to under $30 in options trading
30 May 2012
Facebook shares continued their weak showing yesterday as uncertainty and rumours pushed the social network's stock to less than $30, eroding its market value by $24 billion
Ex-Galleon portfolio manager testifies against Rajat Gupta
26 May 2012
Michael Cardillo, a former fund manager at Gallion, said he had learned from Raj Rajaratnam’s brother R K Rajaratnam that the P&G stock was all hype without much substance
Zuckerberg, others sold off millions of shares before crash: report
25 May 2012
Mark Zuckerberg and prominent Facebook investors sold millions of shares before the Facebook share price crashed following its maiden public issue, company filings show
Nasdaq takes hit with Facebook IPO
22 May 2012
Facebook stock down 13.7 per cent on Day 2
21 May 2012
Facebook, which started trading on the second day after its listing on Friday, lost around $4 billion of its $104 billion market cap
Facebook IPO fails to live up to hype
19 May 2012
The company's stock rose just a few pennies during its market debut and closed at $38.23, barely above the $38 IPO price
Bankers to split $176 million Facebook fee
18 May 2012
Facebook to open trading today on Nasdaq
18 May 2012
Facebook Inc will start trading today following a record initial public offering that valued the social network higher than almost every company in the Standard & Poor’s 500 Index.
Bharat Petroleum Asia’s best-performing energy stock
18 May 2012
State-owned Bharat Petroleum has been rated as the best- performing energy stock in the Asia Pacific region this year, and its entry into exploration in Africa implies there’s more growth to come
Bankia denies deposit pullout as shares plunge
17 May 2012
Fake Sumitomo Mitsui Financial representatives hit New Zealand investors
16 May 2012
Posing as representatives of Japanese firm Sumitomo Mitsui Financial Corporation, scamsters have been making lucrative share offers to investors
SEC halts trading in 379 shell companies
15 May 2012
Global stocks plunge over possible Greece exit from eurozone
15 May 2012
Global stocks plunged over the possible exit of Greece from the euro zone and concerns over China’s move to prop up lending to combat eon omic slowdown
Facebook offering seeing lower than expected demand: reports
14 May 2012
Analysts say expectations on Facebook are way too high and given its fundamentals, the company does not look anywhere cheap in valuation
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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