Indian ADRs: Infosys, Tata Motors fall; ICICI, Sterlite up

Jet Airways today said its 24% stake sale to the gulf carrier Etihad will bring down its debt to USD 1.5 bn from the current USD 2.1 bn MUMBAI: Jet Airways today said its 24 per cent stake sale to the gulf carrier Etihad will bring down its debt to USD 1.5 ...

The contract fell three cents to close at USD 94.25 a barrel in New York on Thursday. The price sank as low as USD 92.21 in the morning after weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy.

A space trip with Hollywood hunk Leonardo DiCaprio raised USD 1.5 million at the Cannes film festival charity auction. The winning bidder at the AmFAR Cinema Against AIDS gala will be accompanied by 'The Great Gatsby' star on a Virgin Galactic flight into ...

US firm Recommend.ly today said it is looking at raising USD 5-6 million through venture capital by year-end. "We are looking at raising USD 5-6 million from venture capitalists by year-end to fund our expansion plans. Our talks are in advanced stage," ...

A pair of cantaloupe melons sold at auction in Japan today for 1.6 million yen (USD 15,730), one of the highest prices ever paid for the coveted orange-fleshed fruit. A local fruit wholesaler snapped up the 3.7-kilogramme (8.1-pound) Yubari melons ...

Falling for the sixth day in a row, the rupee today ended 4 paise lower at fresh six-month low of 55.63 against dollar on sustained demand of US currency from exporters and some banks, amid capital outflows in stocks. On a weekly basis, the rupee fell by 1.36 ...

In futures contract, an individual can enter into a contract to purchase or sell a certain amount of foreign currency at a fixed rate on a certain future date. Recently the Dubai Gold and Commodities Exchange launched the Mini Indian Rupee-Dollar futures ...

In April 2012, these exports stood at USD 2.55 billion, according to the data provided by the Gems and Jewellery Export Promotion Council. NEW DELHI: After declining 3 per cent in March, India's gems and jewellery exports witnessed a robust growth of about 33 ...

Indian recruitment firm Archelons has announced it will invest USD 1 million in Qatar over the coming five years in the field of management solutions. Making the announcement at an event in Doha, Archelons CEO Pankaj Mittal said the company's management ...