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Source:Business Today - Moody`s has cut the debt ratings of 16 Spanish banks by one to three notches, citing the effects of the ongoing recession and the Spanish government`s own reduced creditworthiness.The leading bank, Santander, and the number two BBVA, were both hit with three-notch downgrades from Aa3 previously to ...
Source:Economic Times - MUMBAI: The Nifty bounced back into the positive terrain and closed near the day`s high in a short covering-based rally even as European markets remained weak. The rupee also recovered from the day`s low to 54.58, down 11 paise, against its previous close. The 50-share NSE index ended at 4,906.75, ...
Source:Economic Times - MUMBAI: Weak rupee may have a limited impact on consumer prices though it could slow growth, notes a report by Credit Suisse. This would be the case for all major Asian currencies which have weakened against the dollar. All major currencies in Asia have depreciated sharply against a strong US dolla...
Source:Economic Times - ATHENS: Increasing fears that Greece could be forced out of the eurozone, as it heads for new elections, deepened the debt crisis on Friday dragging down Spain and renewing the dangers of contagion. European stock markets opened lower after heavy losses in Asia overnight, with Madrid in a surprise ...
: 0 : 0 Gold regains Rs 29,000 level, registers biggest single day gain of Rs 700 in 2012:18th May, 2012 - 18:14 Source:Economic Times - NEW DELHI: Gold prices regained the crucial level of Rs 29,000 per 10 gram, shooting up by Rs 700 -- its biggest single day gain this year - in the bullion market here today on strong cues from overseas market. Gold gained Rs 700 to Rs 29,320 per 10 grams, a level last seen on May 8. Silver prices ...
Source:Economic Times - NEW YORK: A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street. The scramble for shares in what is one of largest initial public offerings in U.S. history quickly divid...
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to 'Risk Factors' in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the 'US Securities Act'), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, 'U.S. persons' (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.