Infosys, India’s third-largest India-based IT services company will declare its Q3 FY 2013 Results on Friday, 11 January 2013. Leading brokerage houses have come out with their estimates for the Q3 Results of Infosys. Infosys Q3 FY 2013 Results Estimates : According to brokerage house Kotak Securities, in Q3 FY 2013 sales of Infosys are [...]

“Fiscal cliff” is a popular term used to describe the conundrum that the U.S. government will face at the end of 2012, when the terms of the Budget Control Act of 2011 are scheduled to go into effect resulting into tax increases, spending cuts and a corresponding reduction in the US budget deficit beginning in [...]

Today, shares of Bharti Infratel, a company that rents out towers for mobile phone companies got listed on the exchanges. It is the biggest initial public offering of this year. The shrea got listed for Rs. 200 and then went down a bit to hit a low of Rs. 195.25 on the NSE and then [...]

Today goverment data released showed that India’s Industrial production growth rate (IIP Data) bounced back to a 16-month high of 8.2% in October this year on good performance from sectors like manufacturing, power, capital goods and consumer goods sector. This bounce back in growth rate indicates a sudden recovery in the economy. The manufacturing sector, [...]

Recently, the Bombay Stock Exchange (BSE), operator of Asia’s oldest stock exchange, announced that it is planning for its Initial Public Offer (IPO) during the first half of the year 2013. The Chief executive of the BSE, Ashishkumar Chauhan also said that the exchange has chosen 14 banks for its initial public offering and that [...]

Breaking News of the moment comes from Mumbai where the Sensex has crossed the 19,000 mark for the first time since October 5 this year. The sensex opened on a positive note and further picked up the momentum and rose by 192.13 points, or 1.02 %, higher at 19,034.21, a level last seen on October [...]