World stocks fell and measures of investor risk aversion surged on Thursday on signs the U.S. central bank may soon start scaling back the support measures that have been driving global assets higher. ... More » World shares slump on U.S. stimulus, growth fears

Oil fell to a three-week low near $101 a barrel on Thursday in a broader commodities selloff as a decline in China's factory activity entrenched concern about weak demand and on worries about an early ... More » Oil hits three-week low near $101 on China, Fed

Bangalore, May 23 (IANS) iGate's American employee Araceli Roiz, 31, who accused the company's former chief executive Phaneesh Murthy of sexual harassment, Thursday claimed that she was pregnant with his ... More » Am pregnant with Phaneesh's child: iGate victim

New Delhi, May 23 (IANS) Largest steel manufacturer of the country (valuewise) Tata Steel posted net loss for fourth quarter ending March 31, 2013, a company statement said Thursday. The company's fourth ... More » Tata Steel posts loss for fourth quarter

Chennai, May 23 (IANS) Opposing any disinvestment in integrated mining-cum-power generating Neyveli Lignite Corporation Ltd. (NLC), Tamil Nadu Chief Minister J. Jayalalithaa Thursday suggested to Prime ... More » Buy back and delist Neyveli Lignite, Jayalalithaa tells PM

REUTERS - Real estate company Puravankara Projects Ltd's share offering to raise up to $36 million was subscribed 1.5 times on Thursday, boosting the near-term outlook for equity sales by its rivals to ... More » Puravankara's up to $36 million share sale covered 1.5 times

U.S. stocks were set for a lower open on Thursday, with the S&P 500 on track for its first back-to-back daily drop in a month, amid investor concerns the U.S. Federal Reserve's stimulus may be scaled back ... More » Wall St to drop at open on stimulus plan worry, China data

The biggest plunge in Japanese stock prices since a 2011 earthquake and tsunami was a temporary pullback that will not derail the government's "Abenomics" policy of loose money and fiscal stimulus, ... More » Nikkei falls 7.3 percent, Japan government calls plunge temporary

New Delhi, May 23 (IANS) State-run gas distributors Indraprastha Gas Ltd (IGL) Thursday reported an over 4 percent rise in net profits year-on-year for its fourth quarter ended March 31. The Company has ... More » IGL Q4 profits rise over 4 percent

Mumbai, May 23 (IANS) A benchmark index of the Indian equities markets closed Thursday's trade nearly two percent down on reports that the US may reverse its monetary stimulus programme that spooked markets ... More » Sensex slides 388 points on US Federal Reserve comment

New Delhi, May 23 (IANS) Australia and India Thursday signed a memorandum of understanding (MoU) to develop and strengthen cooperation in skills training in the agriculture sector, said a statement. "This ... More » Australia, India sign MoU on agriculture cooperation

Chennai, May 23 (IANS) The dealings of a real estate developer with arrested cricket bookies were being looking into for suspected wrongdoings, Tamil Nadu Police said here Thursday. Officials did not name ... More » Realtor under Tamil Nadu cops' scanner on cricket betting

Panaji, May 23 (IANS) Industries like aviation, aero space, IT and ITES, pharma and integrated educational hubs have been shortlisted by a state-government appointed taskforce, which is cobbling together ... More » Aviation, IT, ITES top suggestions in Goa industrial policy

Jagdalpur (Chhattisgarh), May 23 (IANS) If the efforts of the Chhattisgarh government produce results, the day is not far when wind energy would illuminate houses in the Maoist insurgency-hit Bastar district, ... More » Wind energy to light up Maoist-hit Bastar

A court will resume a hearing on Monday into complaints of emissions from India's biggest copper smelter plant, shut since end-March, but will take a decision before May 31, a judge said on Thursday. Imports ... More » Court to decide on Sterlite smelter case by end-May