Europe’s biggest carmaker faces the worst business crisis in its 78-year history after it admitted cheating diesel emissions tests in the United States, with 11 million vehicles affected worldwide.
Posts tagged MC
World Bank trims China’s 2015 GDP outlook to 6.9% from 7.1% (05-10-2015)
The Washington-based lender now expects the developing East Asia and Pacific (EAP) region, which includes China, to grow 6.5 percent in 2015 and 6.4 percent in 2016, down from 6.8 percent growth in 2014.
Bull’s Eye: Sell BHEL, Arvind, JSW Energy, buy Delta Corp (05-10-2015)
Manish Sharma of Destimoney Securities advises selling Allahabad Bank with a target of Rs 71.
Extreme poverty to fall below 10%: World Bank (05-10-2015)
According to World Bank projections, about 702 million people, or 9.6 percent of the world population, will live below the poverty line this year, mostly in Sub-Saharan Africa and Asia.
Asian shares rally on dovish Fed expectations (05-10-2015)
Asian equities kicked off the trading week on a positive note after a weak US employment report on Friday cooled expectations that the Federal Reserve will start raising interest rates soon.
Nifty to open in green today on positive global cues (05-10-2015)
US stocks closed more than 1 percent higher, recovering from an initial decline of more than 1.5 percent, as investors digested higher oil prices and a weaker-than-expected jobs report.
Stocks in news: LT, Prestige Estates, Tata Motors, IDBI (05-10-2015)
HDFC | Maruti Suzuki | Larsen and Toubro | Prestige Estates | NBCC | Greenply Industries | Hester Biosciences | Tata Motors | TVS Motor | Escorts | IDBI Bank | Cummins India | Hitachi Home | Navin Fluorine International | Adani Ports and Biocon are stocks, which are in the news today.
Infosys topples HDFC Bank as 3rd most valued co in mcap (04-10-2015)
IT major Infosys has surpassed private sector lender HDFC Bank, becoming the third most valued Indian firm in terms of market valuation, with TCS leading the top 10 companies chart, followed by RIL.
Coal India will produce 50 MT more coal than last year: Min (04-10-2015)
State-owned Coal India Ltd will produce at least 50 million tonnes more coal in the current fiscal than the last financial year, Coal and Power Minister Piyush Goyal has said.
India’s exports may rebound in coming months: PHD Chamber (04-10-2015)
Notwithstanding the continuous decline for the past nine months, India’s outbound shipments may see a turnaround in coming months, an analysis of exporters’ orderbooks by PHD Chamber shows.