2008

Recent News

1,665 Points in Four Days: Three Reasons Why Sensex Crashed

Indian markets are 23.5 per cent off the all-time highs hit in March 2015. The carnage in stock markets has wiped out gains since Prime Minister Narendra Modi won power in May 2014. The Sensex closed
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Europe's Largest Bank Drops Plan for 2016 Pay Freeze

HSBC, Europe's largest bank, has dropped plans to freeze pay this year while remaining cautious on the outlook for its revenues, a memo from chief executive Stuart Gulliver seen by Reuters said on Thu
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Gold Rises to Near 2-Year High on Global Cues, Weaker Rupee

Indian gold futures surged more than 3 per cent on Thursday to their highest level in nearly two years, tracking gains in the overseas market and the rupee's depreciation.
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Tata Motors Q3 Net Profit Down 2% on Weak China Sales

Tata Motors said net profit for the fiscal third quarter ended December 31 was Rs 3,508 crore ($514.28 million), down from Rs 3,581 crore in the year-ago period.
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Hero MotoCorp Q3 Profit Rises Over 36% to Rs 796 Crore

Hero MotoCorp, the country's largest two-wheeler maker, on Thursday posted a 36.50 per cent jump in net profit at Rs 795.81 crore for the December quarter, helped by a boost in other operating income.
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TripAdvisor's profit beats estimates, shares jump

(Reuters) - Travel review website operator TripAdvisor Inc reported a quarterly profit that beat analysts' estimates, as the company earned more from display ads and subscriptions.
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Popular Finance

City Union Bank Q3 profit up by 10%

Lender posts Rs 113.06 crore net profit against Rs 102.70 crore a year ago
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Union Bank Q3 net down by 74.2%

Union Bank of India posted 74.2% drop in net profit at Rs 78 crore for the third quarter ended December 2015
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OBC posts Rs 425-cr loss in Dec quarter as bad loans mount

Total income fell to Rs 5,350.48 cr during the quarter from Rs 5,458.79 cr in the previous financial year.
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RBI's asset quality review hit banks Q3 earnings: RBI dy governor Mundra

Reserve Bank of India deputy governor SS Mundra on Thursday said high NPA numbers reported by banks is because of the delayed recognition of stress
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CCI approves Nippon Life stake hike in Reliance Life to 49%

Nippon Life had announced its plan to hike the stake to 49% at an investment of Rs 2,265 crore
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HDFC Bank larger than all domestic peers

HDFC Group bigger than many of its global peers
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Drought compounds food crisis in Haiti

The number of Haitians who face severe food insecurity has doubled in the last six months as a result of three consecutive years of drought worsened by the global El NiŮo weather phenomenon, the U
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Essential Politics: Obama says some of most revered presidents were polarizing

Iím Christina Bellantoni, the Essential Politics host today. Letís get started. As he enters his last year in office, President Obama said he hopes he has created "a tone for the next president" t
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Coastal Commission wades into a surf turf war on Palos Verdes Peninsula

For generations, a small group of locals in wealthy Palos Verdes Estates has maintained a reputation for keeping other surfers off Lunada Bay's well-shaped waves. The so-called Bay Boys bombard ou
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