Tag: latest-business-news
By Kate Holton
LONDON |
Tue May 22, 2012 5:01pm IST
LONDON (Reuters) – Mobile operator Vodafone (VOD.L) made a writedown of 4 billion pounds and cut its medium-term sales target as the debt crisis squeezed...
Tue May 22, 2012 4:01pm IST
REUTERS – Tata Communications(TATA.NS) reported a wider fourth-quarter consolidated loss, hit by higher costs and dragged by its South African unit, keeping the international telecoms carrier...
MUMBAI |
Tue May 22, 2012 5:29pm IST
MUMBAI (Reuters) – Vodafone’s Indian unit may not launch a planned initial public offer this year if the government accepts airwaves auction proposals by the sector...
MUMBAI |
Tue May 22, 2012 6:08pm IST
MUMBAI (Reuters) – Demand for gold in India, one of the world’s top consumers, stayed muted on Tuesday after prices in the local market rose as the rupee fell to a...
By Abhishek Vishnoi
MUMBAI |
Tue May 22, 2012 5:43pm IST
MUMBAI (Reuters) – The BSE Sensex fell on Tuesday, snapping three sessions of gains, as the rupee dropped to a new record low while global risk aversion...
By Stanley White
TOKYO |
Tue May 22, 2012 5:19pm IST
TOKYO (Reuters) – Fitch cut Japan’s sovereign credit status on Tuesday to the lowest level among global ratings agencies as a political stalemate dims...
By Swati Bhat
MUMBAI |
Tue May 22, 2012 6:15pm IST
MUMBAI (Reuters) – The rupee hit a record low to the dollar for the fifth straight session on Tuesday, weighed down by large dollar demand from oil firms and...
By Alistair Barr
Tue May 22, 2012 11:15am IST
REUTERS – In the run-up to Facebook’s (FB.O) $16 billion IPO, Morgan Stanley (MS.N), the lead underwriter on the deal, unexpectedly delivered some negative news to...
By Alistair Barr
Tue May 22, 2012 11:15am IST
REUTERS – In the run-up to Facebook’s (FB.O) $16 billion IPO, Morgan Stanley (MS.N), the lead underwriter on the deal, unexpectedly delivered some negative news to...
Tue May 22, 2012 12:00pm IST
REUTERS – Jailed former Enron Corp. Chief Executive Officer Jeffrey Skilling is seeking a new trial citing “newly discovered evidence,” according to court documents.
Skilling...
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