Hindustan Unilever reports topping analysts' projections

Hindustan Unilever Ltd reported revenues and profits as sales revenues from soap and skin care. The Indian subsidiary of the second largest consumer goods company in the world, Hindustan Unilever Ltd, reported profits for the second quarter.


India Infoline to wind down retail brokerage services

India Infoline, in response to market movement away from equities, is closing down its retail brokerage division.

Oman projects total USD112 billion

In a MEED Projects Study, it was found that forty major projects in the Sultanate are in the pipeline with total cost to reach USD112 billion.

SAP not interested in BlackBerry

SAP CFO Werner Brandt squashed rumors of SAP's interest in BlackBerry through an interview with Euro am Sonntag.


Latest News

Obama, in a fundraising speech, said that the differences between Democrats and Republicans were exemplified in the recent budget impasse.
The current freeze order for domestic IPOs in China forced lender Huishang Bank Corp to list its IPO in Hong Kong's index.
The highest fine was imposed upon United Continental as thirteen flights went beyond the three hour tarmac rule at O'Hare International Airport last July 13, 2012.
Japan Exchange fell after expectations were unmet as major stocks pulled down the market. The biggest decline was registered with Asian stocks since August after the forecasts Canon Inc to Japan Exchange Group Inc had frustrated investors at the same time money market rates had urged in the second largest economy in the world.
The US Justice Department scored a major win when a New York federal jury found the Countrywide unit of Bank of America guilty for mortgage fraud.
The European Union and Turkey would be resuming accession talks on November 5 after a three-year postponement.
T-Mobile would provide up to 200 megabytes of free data downloads to those who would buy the latest Apple iPad.
A source told Reuters that JPMorgan Chase & Co was nearing a settlement deal with institutional investors that included BlackRock, Pacific Investment Management and Neuberger Berman.
Netflix CEO Reed Hastings said he hoped to ink a deal with Comcast and other pay television providers in the US for its streaming services.
Twitter quitters would prove to be a challenge to investors in the social media site's upcoming IPO, a report said.