Stock markets - world
Bitcoin cash surges 40 per cent in single day
19 Aug 2017
Post Sikka exit, 3 US law firms launch probes into Infosys
19 Aug 2017
The law firms, representing institutional investors, are looking to pin Infosys on securities fraud or other unlawful business practices by its officers or directors, to recover stock market losses
Elevated testosterone causes bull market trading
17 Aug 2017
Digital currency BitCoin crossess record $4,000
14 Aug 2017
Toshiba results get auditor nod, may avert delisting for now
10 Aug 2017
While the 'qualified’ auditor's approval for results may help Toshiba remain listed, the company is yet to see any progress in talks to sell its chips unit, which will give it much-needed cash
Bitcoin surges past $3,000
05 Aug 2017
Rio Tinto’s H1 profit more than doubles to $3.94 bn
02 Aug 2017
The Ango-Australian mining giant rewarded shareholders with a bumper dividend totalling $2 billion and an additional share buyback of $500 million, taking total payout to $2.5 billion
Facebook posts $3.89 bn Q2 profit as mobile ad revenues swell
27 Jul 2017
Facebook’s revenue for the second quarter ended 30 June 2017, rose 45 per cent to $9.32 billion, from $6.43 billion in the same period a year earlier
Shell's second quarter net profit rises to $1.9 billion
27 Jul 2017
Shell, Europe's largest oil firm, saw its second quarter net profit (on a current cost of supplies basis) rise 245 per cent to $3.6 billion against $1 billion for the second quarter of 2016
SEC to clamp down on initial coin offerings
26 Jul 2017
Alphabet Q2 net at record $3.5bn despite Google's $2.7bn EU fine
25 Jul 2017
Google's parent Alphabet, which derives most of its revenues from Google ads, saw it rising 18.4 per cent to $22.67 billion during the April-June 2-017 quarter
Nike to launch pilot programme with Amazon
30 Jun 2017
Infosys reaches $1-mn settlement with New York in visa case
24 Jun 2017
Infosys has reached a settlement for $1 million with the state of New York in a visa-related case, even though the company maintained it committed no wrongdoing and the probe was centred on alleged paperwork errors
Cryptocurrency Ethereum price hits record high, rising over 5,000% since start of the year
14 Jun 2017
Infosys warns of risks from ‘activist shareholders’ in SEC filing
13 Jun 2017
Although the company has not named any names, it is widely perceived that some moves by its founders like N R Narayana Murthy clearly fall in the area of activism
After Amazon, Google shares hit record $1,000
06 Jun 2017
Alphabet, the parent company of Google, now has a market value of about $680 billion, which takes the net worth of its founders Larry Page and Sergey Brin to nearly $50 billion each
Amazon shares hit $1,000 for the first time
31 May 2017
The stock price takes Amazon’s market value to about $478 billion, double that of the world's biggest traditional retailer Wal-Mart, while the value of a $1,000 investment on Amazon's first day of trading in 1997 exceeds $500,000 today
Huntsman, Clariant to merge into a $20bn chemicals giant
22 May 2017
With a combined enterprise value of $20 billion, HuntsmanClariant would offer a wide array of chemicals such as polyurethanes, pigments, automotive fluids, additives and resins that are used across industries ranging from aerospace to agriculture to household-cleaning.
Merck KGaA mulls splitting into three companies
17 May 2017
German diversified conglomerate Merck KGaA is mulling shifting its chemicals, healthcare and biotech supplies operations into separate entities next year so that the three business units could be better managed
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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