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European markets were hit by worries that outcome of
weekend elections in France and Greece will put the EU fiscal
compact in jeopardy. The euro came under pressure while the
dollar has strengthened. The Spanish government effectively
nation... See more
11.00 AM May 12th
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Nicolas Sarkozy expectedly lost the French Presidential
race, as people across the debt-stricken euro area continued
to vote out regimes in favour of stringent austerity measures.
Poll results showed a dramatic collapse in support for the
tw... See more
11.00 AM May 12th
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SKS Microfinance announced that it would reduce headcount
by 1,200 and close down 78 branches in Andhra Pradesh.
The Company presently employs 3,400 employees across 180
branches in AP. SKS shares surged on Friday after the Cabinet
approved ... See more
11.00 AM May 12th
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Shares of ITC gained after the Government scrapped a proposal
made in the Budget to levy a 10% additional ad valorem excise
duty on cigarettes longer than 65 millimeters (2.6 inches) and
replaced it with a flat tax rate based on the length of... See more
10.59 AM May 12th
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