Bombay Stock Exchange News
Islamic Index Encourages Muslims to Invest in Bombay Stock Exchange
The Bombay Stock Exchange has launched a new stock index of companies that are compliant with the Islamic legal code, encouraging Muslims to invest in India's fast-growing stock market . Islamic law imposes restrictions on investing in companies that charge interest and those that sell products
Brothers Squabble Over Indian Telecom Merger
A squabble between Ambani brothers may come in the way of merger between Reliance Communications and MTN.
Merger Talks Fail Between India’s Bharti and MTN in Africa
Bharti bows out of merger talks with MTN, even as another Indian company, Reliance Communications appears interested.
Bharti May Invest in African Communications Company
Bharti Airtel, a large Indian telecommunications company, said on Tuesday that it has entered into exploratory discussions...
Bank Sells Support Site to Indian Outsourcing Service
Barclays has sold its Colorado call center to Firstsource Solutions, which will use the site for several clients.
Earnings Reports for March 21
3Com Losses Are Worse Than Expected Carnival Profits Cruise Down 25 Percent FedEx Q3 Net Income Down 4 Percent Lehman Brothers' Quarterly Profit Falls 29 Percent Morgan Stanley Quarterly Profit Falls 30 Percent Coors' Earnings Top Expectations Adolph Coors, parent of No. 3 U.S. brewer Coors
'Bollywood' Produces Real-Life Drama
In the crime, sleaze and movie capital of India, Bharat Shah's arrest proved to be the last straw. Bombay's biggest film financier, the immensely wealthy diamond merchant whose business moves could once rattle the Bombay Stock Exchange, now languishes in a dreary jail cell after the police revealed
Earnings Reports for Feb. 8
Coors' Earnings Top Expectations Adolph Coors, parent of No. 3 U.S. brewer Coors Brewing Co., said today fourth-quarter income increased 24 percent, beating forecasts, as its sales volume growth outpaced the U.S. beer industry's. The maker of Coors Light and other beers said income excluding
Earnings Reports for Feb. 5 & 6
Cisco Misses Expectations for the First Time Computer networking giant Cisco Systems said today its fiscal 2001 second-quarter earnings rose 48 percent but missed Wall Street's earnings expectations for the first time in several years as the company sounded a note of caution about the economy.