Tensions over Carrefour’s contentious plan to merge its Brazilian assets with those co-owned by a French rival have intensified after a shareholder lobby group raised concerns with Paris regulators about the deal.Deminor, a group which acts on behalf of...
India’s listed fitness chain Talwalkars Better Value Fitness Limited has drawn up a major expansion plan for Uttar Pradesh. The company, which already has five centres in the state, plans to add another 10 to its kitty, in near...
Rob Templeman, chief executive of Debenhams, the department store chain, is to retire in September, handing over to long-standing deputy chief executive Michael Sharp.Mr Templeman, who was picked by private equity owners CVC and TPG in 2006 to prepare...
In another sign of the country recovering fast from the recent economic downturn, consumer confidence in India has rebounded in the first quarter of 2010 to reach its highest level since the third quarter of 2007.According to the latest...
New York University Professor Nouriel Roubini, who accurately predicted the financial crisis, said stock and commodity markets may drop in coming months as the gradual pace of the economic recovery disappoints investors. “Markets have gone up too much, too...
As the trading day began, most stock market players were predicting a bold, impetus-led Union Budget 2009-10 that would invigorate corporate and retail investors alike. But after handsome gains made in the initial trade in the early morning, the...
How long can one escape the clutches of the present global economic crisis? While the world went into an economic slowdown towards the end of 2008, Indians have just started losing confidence in their economy. In recent times consumers...
Shoppers are closing their wallets worried by job losses, sinking stock markets and prospects of a prolonged recession. There should be a major contraction in consumer spending that will be aggravated by banks being overcautious in lending. Banks in...
Indian stock market started today on a positive note. The 30-share index, BSE Sensex opened with a gain of 19.72 points, at 9,034.
On Wednesday, after a volatile day, Sensex settled with a marginal loss of 20 points at 9,015....
Indian stock market experienced insipid opening this morning despite the Asian markets, especially China and Hong Kong, doing well. The 30-share index, BSE Sensex opened with a gain of 12 points, at 9214. Nifty kicked off the day at...