The suspense is finally over. Mr. Cyrus P. Mistry will take over from Mr. Ratan Tata a chairman of the Tata Group when he retires in December 2012. He was appointed Deputy Chairman of Tata Sons at the company's board meeting on Wednesday and will work

Finally the Bombay Stock Exchange received approval from the Securities and Exchange Board of India for its proposed SME (Small and Medium Enterprise) Exchange. The BSE applied for permission for an SME Exchange in July 2010, and the final approval

Federal Reserve announced the recovery policy called 'Operation Twist' in order to solve the US Debt crisis. The main objective of this policy is to decrease the interest rates. What will happen if interest rates became low..???  When interest rates

The rupee went into a free fall on Thursday, declining 2.5 percent (or Rs. 1.23) against the USD. This is one of the sharpest single day drops in recent times. When we observe the stock market movement and the Rupee movement, we can see that both the

Founder of social networking site Facebook, Mr. Mark Zuckerberg, at the company's headquarters in Palo Alto, California. Facebook Inc. has set the later part of 2012 as the time for its much-anticipated Initial Public Offering of stock, the Financial

Weak factory output numbers and negative global cues sent the equity market into a tailspin on Monday. On August 12, when the June 2011 IIP was 8.8 percent, the Sensex was down 1.3 percent. At 3.3 percent, the Sensex has again seen a 2 percent drop today. The

Rising inflation, interest rates and fuel prices have moderated domestic auto industry growth in recent times. However, given the lower dependence on financed purchases and improved rural incomes, two-wheelers have continued to grow at a brisk pace. In

ONGC's (Oil and Natural Gas Corporation) follow-on-offer (FPO) may open on September 20 or 27. ONGC Logo The Red herring prospectus (RHP) for the FPO could be filed on September 5. The Government is offloading five percent of its stake in ONGC

Maruti Suzuki India stopped production at its Manesar facility on Monday. The company asked workers to sign a "Good conduct Bond" before entering the factory premises following alleged quality issues. " The management wants us to sign an undertaking

State-run Coal India will replace Anil Ambani's Reliance Capital in the National Stock Exchange's Nifty 50 index from October 10. Coal India Logo Earlier this month, Coal India had replaced another Anil Ambani group firm Reliance Infra from BSE's blue

The decision of Mr. Steve Jobs to step down as Apple Inc's Chief Executive Officer erased as much as $52 billion from the benchmark gauge for US stocks, futures trading shows. Inventive Genius- Steve Jobs On last Wednesday, Mr.Steve Jobs, who had turned

T D Power Systems Ltd. (TDPS), one of the leading manufacturers of AC generators with output capacity in the range of 1MW to 52MW for prime movers such as steam turbine generators, vertical hydro generators etc. They Tuesday(23/08/2011) announced

When we observe the Q1 results of the companies included in CNX 500, we can see a lot of terrible facts. 40 percent of the CNX 500 companies report profit drop in the first Quarter of this fiscal (April-June 2011) from a year ago. The important point

Economic people are interestingly watching the software war between the globally recognized multinational companies, Infosys and Cognizant(CTS). As Mr. N.R Narayana Murthy's Infosys innings came to an end, he referred to Infosys in his latest

It was a horrible month for the Indian bounces so far. The replica of 2008 seems to have returned to attack Indian investors with the stock market showing no signs of bouncing back. The negative signs coming from within the country such as inflation,

The most interesting data is out.... Finally the competition between the two natural resources giants, State-owned Coal India Ltd. (CIL), Wednesday overtook Mukesh Ambani's Reliance Industries Ltd. (RIL) and became the largest listed entity in terms