Publication: Reuters India

First reported 24 mins ago - Updated 24 mins ago - 1 reports

Wockhardt shares drop 20 percent after FDA import alert

MUMBAI (Reuters) - Shares of drugmaker Wockhardt Ltd(WCKH.NS: Quote, Profile, Research) fell 20 percent on Thursday to their lowest level in more than seven months, after the U.S. drug regulator published an "import alert" on one of its manufacturing ... [Published Reuters India - 24 mins ago]

Entities: Wockhardt Ltd, FDA Food & Drug Administration, Stocks

First reported 54 mins ago - Updated 54 mins ago - 1 reports

Bank of Japan

WRAPUP 1-Asian markets sell off on Bernanke remarks, China PMI

* Asian shares down after China HSBC flash PMI, credit spreads wider* Nikkei plunges 7 percent, 11th worst daily drop* JGBs bounce after 10-year JGB yield hits year highs* Korean won worst hit as dollar rises broadlyBy Masayuki Kitano and Hideyuki Sa ... [Published Reuters India - 54 mins ago]

Entities: Ben Bernanke, PMI, Bank of Japan, Nikkei Index, China

First reported 1 hour ago - Updated 57 mins ago - 1 reports

Oil & Natural Gas Corp Ltd

Government to pay state-run fuel retailers $8.1 billion in Q4 oil subsidy

MUMBAI (Reuters) - India has agreed to pay 450 billion rupees for the March quarter to state-owned fuel retailers as compensation for selling products at cheaper government-set rates, officials at these companies said on Thursday.The decision, taken on ... [Published Reuters India - 1 hour ago]

Entities: Oil & Natural Gas Corp Ltd, IOC International Olympic Committee, Diesel, Hindustan Petroleum Corp Ltd, Bharat Petroleum Corporation Ltd

First reported 1 hour ago - Updated 1 hour ago - 1 reports

Ben Bernanke

Central bankers everywhere after Bernanke warning

It’s raining central bankers today which is well-timed after Federal Reserve Chairman Ben Bernanke dropped the bombshell that the Fed could take the decision to begin throttling back its money-printing programme at one of its next few policy meetings. ... [Published Reuters India - 1 hour ago]

Entities: Ben Bernanke, European Central Bank, Federal Reserve System, Mario Draghi

First reported 23 hours ago - Updated 1 hour ago - 2 reports

Ranbaxy Laboratories Ltd

BSE Sensex falls; Ranbaxy, L&T slump

Reuters Markete Eye - The BSE Sensex falls 0.66 percent and the broader Nifty is down 0.8 percent, heading towards their fourth consecutive session of declines.Asian stocks slid and the dollar rose to a 4-1/2 year high after Fed Chairman Ben Bernanke's ... [Published Reuters India - 5 hours ago]

Entities: Ranbaxy Laboratories Ltd, BSE Sensex, Daiichi Sankyo Co Ltd, Larsen & Toubro Ltd, State Bank of India

First reported May 22 2013 - Updated 1 hour ago - 2 reports

Bank of India

UPDATE 1-State Bank of India Q4 profit falls, shares drop

* SBI Q4 net 32.99 bln rupees vs 40.5 bln year-ago* Non-performing loans at 4.75 pct vs 4.44 pct year-ago* Shares fall almost 7 pct after Q4 earnings (Adds details throughout)May 23 (Reuters) - State Bank of India, the country's largest lender, posted ... [Published Reuters India - 1 hour ago]

Entities: Bank of India, Stocks, Net Profit

First reported 2 hours ago - Updated 2 hours ago - 1 reports

Japan veteran wants justice for "comfort women"

EDITORS PLEASE NOTE: THIS EDIT CONTAINS MATERIAL WHICH WAS ORIGINALLY 4:3 Masayoshi Matsumoto joined the Japanese army in 1943 and went to China as a medical orderly. One of his tasks was to examine Korean women brought in to work in a military brothel. ... [Published Reuters India - 2 hours ago]

Entities: Matsumoto (Japan), Japan, World War II, Osaka, Military/Armed Forces

First reported 3 hours ago - Updated 2 hours ago - 1 reports

Rupee weakens below 56 to over 8-1/2 month low

MUMBAI (Reuters) - The rupee fell below the key psychological level of 56 to the dollar on Thursday, its lowest level in over 8-1/2 months, as the dollar rallied on worries about a potentially early end to U.S. monetary stimulus.The rupee fell to as low ... [Published Reuters India - 3 hours ago]

Entities: Mumbai, United States

First reported 3 hours ago - Updated 3 hours ago - 1 reports

Oracle surges; strong share sale squeezes short sellers

Reuters Market Eye - Stocks in Oracle Financial Services Software Ltd(ORCL.NS: Quote, Profile, Research) gain 8 percent after a higher-than-expected response to its share sale squeezes out short positions in the futures market, dealers say.Oracle, majority ... [Published Reuters India - 3 hours ago]

Entities: Oracle Corporation, Oracle Financial Services Software Ltd, Arbitrage, Stocks

First reported 19 hours ago - Updated 13 hours ago - 2 reports

Dollar recovers to trade at fresh 4-1/2-year high vs yen

NEW YORK, May 22 (Reuters) - The dollar recovered to trade at a fresh 4-1/2-year high against the yen and a new nine-month high against the Swiss franc on Wednesday after Federal Reserve Chairman Ben Bernanke warned that holding interest rates too low ... [Published Reuters India - 19 hours ago]

Entities: Swiss Franc, Ben Bernanke, David Song

First reported May 22 2013 - Updated May 22 2013 - 2 reports

India's L&T sees FY14 sales growth at 15-17 pct

MUMBAI, May 22 (Reuters) - India's Larsen & Toubro Ltd expects sales to rise 15-17 percent for the fiscal year to March 2014, Executive Chairman A.M. Naik said on Wednesday.Larsen, India's biggest engineering company, expects order inflows to be up about ... [Published Reuters India - May 22 2013]

Entities: India, A. M. Naik, Larsen & Toubro Ltd, Fiscal Year

First reported May 22 2013 - Updated May 22 2013 - 2 reports

Oracle Financial to raise up to $181 million through share sale

REUTERS - Oracle Financial Services Software Ltd (ORCL.NS: Quote, Profile, Research), majority owned by Oracle Corp (ORCL.O: Quote, Profile, Research), plans to raise as much as 10 billion rupees through a share sale to institutional investors.The founders ... [Published Reuters India - May 22 2013]

Entities: Oracle Corporation, DLF Ltd, Oracle Financial Services Software Ltd, Puravankara Projects Limited

Quotes

"In addition, the Bank of Japan didn't offer any concrete steps to calm the JGBs."

WRAPUP 1-Asian markets sell off on Bernanke remarks, China PMI [Published Reuters India - 54 mins ago]

...(SOUNDBITE) (Japanese) 91-YEAR-OLD JAPANESE VETERAN MASAYOSHI MATSUMOTO, SAYING: "The Prime Minister should apologise fully and without reservation on behalf of the Japanese nation. And the people that need compensation should be paid. He should beg forgiveness for the things that were done." The comfort women issue has long been a diplomatic thorn between Japan and South Korea Last week the Mayor of Osaka sparked a firestorm of criticism...

Japan veteran wants justice for "comfort women" [Published Reuters India - 2 hours ago]

"There is no doubt ... the African growth story is real and that the potential over the next 10-20 years is even bigger" said Ajen Sita, Ernst and Young's Managing Partner for Africa

Emerging markets drive investment into Africa: E&Y report [Published Reuters India - 4 hours ago]

...seemed interested in the stock, but now it's below the offering price," said Alvin Cheung, associate director at Prudential Brokerage in Hong Kong. "It heavily depends on the market, if the markets keep going down, people won't be as interested in the IPO markets."

UPDATE 1-Sinopec Engineering debut fizzles, casting doubt on Hong Kong IPO recovery [Published Reuters India - 4 hours ago]

More Content

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Wockhardt shares drop 20 percent after FDA impo... [Published Reuters India - 24 mins ago]
WRAPUP 1-Asian markets sell off on Bernanke rem... [Published Reuters India - 54 mins ago]
Central bankers everywhere after Bernanke warning [Published Reuters India - 1 hour ago]
Government to pay state-run fuel retailers $8.1... [Published Reuters India - 1 hour ago]
UPDATE 1-State Bank of India Q4 profit falls, s... [Published Reuters India - 1 hour ago]
Japan veteran wants justice for "comfort women" [Published Reuters India - 2 hours ago]
Rupee weakens below 56 to over 8-1/2 month low [Published Reuters India - 3 hours ago]
Oracle surges; strong share sale squeezes short... [Published Reuters India - 3 hours ago]
Emerging markets drive investment into Africa: ... [Published Reuters India - 4 hours ago]
UPDATE 1-Sinopec Engineering debut fizzles, cas... [Published Reuters India - 4 hours ago]
BSE Sensex falls; Ranbaxy, L&T slump [Published Reuters India - 5 hours ago]
Ranbaxy shares slump after Daiichi Sankyo says ... [Published Reuters India - 5 hours ago]
Saft Says: Bernanke continues Fed tapering talk [Published Reuters India - 12 hours ago]
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