Mumbai: The benchmark BSE Sensex tumbled over 185 points to dip below the 27,000-mark in early trade on Monday on selling by funds and retail investors after industrial production growth slowed to 0.5 percent in July amid a weak trend in the Asian region.
The 30-share barometer slipped below the 27,000-mark by falling 185.55 points, or 0.69 percent, to 26,875.49 with metal, FMCG, power, capital goods and IT stocks leading the fall.
The index had gained 65.17 points in the previous session on Friday.
On similar lines, the National Stock Exchange index Nifty moved down by 70.95 points, or 0.88 percent, to trade below the 8,100-mark at 8,034.55.
Mumbai: The rupee depreciated by 32 paise to 60.97 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to increased demand for the US currency from importers amid a weak opening in the domestic equity market.
Forex dealers said besides fresh demand from importers for the American unit, a lower opening in the domestic equity market as well as decline in industrial production growth to 4-month low of 0.5 per cent in July, put pressure on the rupee.
However, the dollar's gain against the euro overseas, capped the losses, they said.
Mumbai: India's largest software exporter TCS on Sunday said it has opened Saudi Arabia's first all-female business process centre, which will provide employment to up to 3,000 women in three years.
Saudi Aramco and GE are the centre's first customers, TCS said in a statement here.
Both the clients have already surpassed their target of recruiting 100 women each, while the total number of those employed at the centre stands at 300, it said.
The Riyadh-based 3,200-sq mt facility will offer customers specialised finance and accounting, human resources, materials supply and office services to improve their operational efficiency, it said.
The centre was announced in September last year.
New Delhi : Continuing to bet on the government's reforms agenda, overseas investors have pumped in a whopping Rs 17,000 crore in the Indian capital market since the beginning of this month.
Net investments by foreign investors in the equity market were Rs. 6,665 crore ($1.1 billion) from September 1 to 12, while they infused a net amount of Rs 10,432 crore ($1.72 billion) in the debt market during the period, taking the total to Rs 17,098 crore ($2.8 billion), as per the latest official data.
Bangalore : Somdev Devvarman fought like a true warrior to lock the tie with his stunning victory in the fourth rubber while Yuki Bhambri was locked in an engrossing battle in the decider, halted by rain mid-way, as India's hopes were still hanging by thread in the David Cup World Group play-off tie against Serbia, here Sunday.
Somdev, who has endured a tough season coming into this tie, carved out a heroic 1-6 6-4 4-6 6-4 6-3 win over world number 61 Dusan Lajovic to bring the tie to level terms.
New Delhi - To check large-scale foreign exchange violations and generation of slush funds, a Special Investigation Team (SIT) on black money has asked RBI and Enforcement Directorate (ED) to jointly take on cases of huge exports outstanding.
The SIT, for the first time, has authorised the ED to obtain regular information on export outstanding amount of more than Rs 100 crore, a data till now shared only by the banking regulator with investigative and enforcement agencies like DRI and Customs.
Raipur - Lahore Lions skipper Mohammad Hafeez blamed his bowlers for his team's crushing 72-run defeat against Northern Knights in their second qualifying match of the Champions League Twenty20 here on Saturday.
"The decision of electing to field was right because the pitch was helping the seamers. We didn't bowl well. We as a team didn't bowl well, didn't field well and I think their partnership for fourth wicket (between DR Flynn and DJ Watling) took the game away from us," Hafeez said in the post-match press conference at the Shaheed Veer Narayan Singh International Stadium.
New Delhi: A high-intensity training for last three weeks has boosted his confidence and Commonwealth Games gold medallist Parupalli Kashyap says he is looking to maintain the rhythm as he sets out to achieve his dream of winning an Asian Games medal in Incheon, South Korea.
After a historic gold medal at Glasgow, Scotland, Kashyap had a disappointing outing at World Championship as he crashed out in the first round, losing to Dieter Domke of Germany but the Indian said he has got back his top game again after slogging it out at the court.
Toronto: Bollywood actor Emraan Hashmi-starrer 'Tigers', which premiered at the Toronto International Film Festival (TIFF) recently, will hit theatres in India in January 2015.
The film, directed by the Oscar-winning Bosnian filmmaker Danis Tanovic, is based on the true story of a salesman, Syed Aamir Raza, with a multinational pharmaceutical firm in Pakistan.
'Tigers', which seeks to relay a broader message about the benefits of breastfeeding, delivers a harsh judgement on the practises of MNCs in developing countries like Pakistan.
Tanovic said that the film is likely to be released in India in January next year.
Baghdad: Iraqi officials close to the country's new Prime Minister Haider al-Abadi say he has renounced his British citizenship since officially assuming office last week.
The three government officials close to al-Abadi, who declined to be named because they are not authorized to discuss the matter, said he surrendered his British passport after his government was officially approved by parliament on September 8.
Iraq's constitution stipulates that an Iraqi citizen may hold multiple passports. However, anyone who assumes a senior security or government position must abandon any other acquired citizenship.
London: With sister-in-law Kate Middleton suffering from severe morning sickness, Prince Harry has called off his 30th birthday bash.
Harry, who turns 30 tomorrow, had invited close friends to a mini banquet last night at Kate and Prince William's newly refurbished apartment in Kensington Palace.
Last week, he contacted his guests and announced he felt it was "inappropriate" to carry on with the party in light of Kate's illness, The Mirror reported.
"Harry was in no doubt that the party should be postponed, even though 30 is an important milestone," a source was quoted as saying.
Los Angeles: Singer Ellie Goulding says she is very happy to learn that Kate Middleton, the Duchess of Cambridge, is expecting her second child and has already sent her well-wishes to the royal couple.
Prince Williams and Kate, who are already parents to a year-old baby named George, announced on September 8 that they are set to welcome their second child.
Goulding, 27, who is a friend of Prince Williams' brother Harry and also performed at the wedding reception of Williams and Kate in 2011, said she is sure the couple will be great parents, reported a magazine.
London, Sept 14 : US Secretary of State John Kerry has announced that Egypt has a key role to play in countering Islamic State (IS) militants in Iraq and Syria.
Kerry, who is on trip to the Middle East to enlist broader support for a coalition to fight the Islamist threat from the IS, has received backing of atleast 10 Arab states so far including Egypt. However, the US Secretary of State has ruled out Iran joining the international coalition, the BBC reported.
Acknowledging Egypt's reputation as "an intellectual and cultural capital of the Muslim world, Kerry stated that Cairo had a "critical role to play in publicly renouncing the ideology that IS disseminates".
London, Sept 14 : Scientists have revealed that a new, which will be soon available on the NHS, has been shown to eliminate the virus per cent of patients.
Specialists say the drug Daklinza, will also stem the huge rise in cases of serious liver -disease and cancer caused by the condition but it still needs to be tested on certain types of hepatitis C but has proved successful on those for which it has been prescribed, the Daily Express reported.
Washington, Sep 14 : A recent "Windows 9" leak has reportedly revealed the company's plans to bring back the popular Start menu in its next major release.
A two-minute video shows how the menu will work in Windows 9 and is very similar to what Microsoft demonstrated earlier this year by mixing traditional apps with modern apps into the familiar Start menu, reported the Verge.
The account options have been placed at the top of the Start menu for now and the restart and shutdown options can be accessed by a visible button alongside the account section.
London, Sept 14 : Duchess Kate and Prince William were keen on their mirroring their own childhoods and always planned on keeping their children close in age, it has been revealed.
According to sources, Kate's only a year older than Pippa. William is Harry's elder by just two years and the Royal couple always planned their own family on the same lines, the Mirror reported.
The 32-year-old, who believes her continuing close relationship with sister Pippa is down to the fact that they were born just a year apart, hopes her first son George, now 13 months, and the new baby will have the same strong bond that she has with her own sister.
New Delhi - The market valuation of top five Sensex companies fell by Rs 36,971.61 crore last week, with ONGC and Sun Pharma being the worst hit.
While ONGC, RIL, CIL, Infosys and Sun Pharma saw losses in their market capitalisation (m-cap), TCS, ITC, HDFC Bank, SBI and ICICI Bank witnessed gains.
The m-cap of ONGC plunged Rs 11,421.58 crore to Rs 3,67,158.86 crore, while Sun Pharma lost Rs 10,749.03 crore to Rs 1,66,910.28 crore from its valuation.
New Delhi - Social media has emerged as a major background-check tool for employers and nearly 68 percent of them decide against hiring a person after finding negative details about the candidates, a survey has found.
According to a survey by job site CareerBuilder India, as many as 59 percent employers are currently using social media to research on job candidates, while another 33 percent are planning to access the platform soon.
Interestingly, the survey said that 68 percent employers who research job candidates on social media have found 'content' that caused them not to hire the individual.
Guwahati - Japanese car giant Toyota plans to increase operations in India's North Eastern region, where its sales have grown at double the national average of 3 percent annually.
The company, which is present in India through a joint venture with Kirloskar group, is looking to set up an area office in the North East considering its rising importance.
London, Sep 14 (ANI): Argentine defender Martin Demichelis' late equaliser denied Arsenal a victory as they fought to a draw with Manchester City at Emirates Stadium.
England striker Danny Welbeck made his Arsenal debut after his 16 million pounds move from Manchester United and should have celebrated with a goal only to strike a post when clean through early on.
Sergio Aguero made Arsenal pay for that miss by putting City ahead before half-time in the 28th minute but goals from Jack Wilshere and Alexis Sanchez saw Arsenal in sight of a memorable victory, The BBC reported.