United States

Arnab Paul

India's Wipro expects small rise in IT services revenue in quarter

Jan 18 2019

Indian software services provider Wipro Ltd on Friday forecast a small rise in revenue growth from IT services for the quarter to March after beating third quarter profit estimates.

Indian shares fall as allegations against Sun Pharma weigh

Jan 18 2019

Jan 18 Indian shares fell on Friday, dragged by Sun Pharmaceutical Industries Ltd after reports of fresh allegations by a whistleblower, though gains in Reliance Industries Ltd after strong quarterly earnings helped cap losses.

India's Infosys raises revenue guidance, but third-quarter profit misses estimate

Jan 11 2019

BENGALURU/MUMBAI Infosys Ltd, India's second-biggest IT services company, on Friday raised its revenue growth forecast on the back of robust demand for its core services as well as its latest digital offerings from its Western clients.

Indian shares extend gains in light trade; financials top boost

Dec 28 2018

Dec 28 Indian shares rose up to 1 percent in thin trade on Friday and were headed for their third straight session of gains, boosted by financials such as HDFC Ltd and as an extended rally on Wall Street lifted investor sentiment.

Indian shares gain on improved global sentiment; IT stocks lead

Dec 27 2018

* India to release 286.15 bln rupees to state-run banks - sources

Indian shares fall over 1 pct, clouded by global uncertainties

Dec 26 2018

Dec 26 Christmas brought little cheer to Indian markets on Wednesday, with major indexes falling over 1 percent as investors fretted over political uncertainties in the U.S. amid concerns of a slowdown in global growth.

Indian shares slip on global cues; financials drag

Dec 24 2018

Dec 24 Indian shares edged lower on Monday, in line with broader Asian markets, as political uncertainties in the U.S. and slow global economic growth dampened investor risk appetite.

Indian shares fall over 1 pct on weak global cues; IT, financials drag

Dec 21 2018

Dec 21 Indian shares fell over one percent on Friday, tracking broader Asia, as investors remained jittery amid uncertain global cues on the possibility of a U.S. government shutdown and further rate hikes by the Federal Reserve next year.

Rupee turns around on global dollar weakness, stocks also recover

Dec 20 2018

MUMBAI The Indian rupee posted on a turn-around on Thursday as the dollar weakened globally while stocks also recovered most of the day's loss after a weak opening for both markets.

UPDATE 3-Indian rupee turns around on global dollar weakness, stocks also recover

Dec 20 2018

* Rupee turns around as global dollar weakens, dollar inflows

World News

Maduro rival Guaido claims Venezuela presidency with U.S. backing

Venezuelan opposition leader Juan Guaido declared himself interim president on Wednesday, winning the backing of Washington and many Latin American nations and prompting socialist Nicolas Maduro, who has led the oil-rich nation since 2013, to break relations with the United States.