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BlackRock, the world's largest asset management company, has taken an $80 million stake in Twitter Inc, a person with knowledge of the deal said Friday.

A stock market is a place where buyers and sellers trade company stock for a set price. In the financial world, “stock” simply means a supply of money a company has raised from individuals or other organizations. If you buy stock, then you own a part of a company. This part is called a “share.”...

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Godrej Industries says -Temasek to invest Rs 572 crore in Godrej Agrovet for 19.9 percent stake -Temasek values Godrej Agrovet at Rs 2850 crore SBI says -Did not discuss sale of non-core assets with Kingfisher -Kingfisher yet to submit detailed long-term business plan -Special bank group...

At a time when most textile companies are struggling to have reasonably good business, the company showed decent financial performance in the September 2012 quarter. Its net sales grew by 9.6% to Rs263 crore on a year on year basis. Its net profits in the quarter under review grew by 5.5% to...

The latest relaxation in the Securities Lending and Borrowing (SLB) guidelines by Sebi is unlikely to excite short sellers, feel market participants. Ever since its introduction in April 2008, SLB never took off the way it was intended to. SLB was set up so that investors with a bearish view on...

The US markets closed near session highs boosted by better than expected earnings report. With the recent gains, the Dow and S&P are now nearly 5 and 7 percent away, respectively, from their all-time closing highs in October 2007. RS has bolstered the trick. Rupee gains 15 paise to 52.72...

The redemption of FCCB of about 1,250 crore by the company in March 2013, maybe closer to that. Q3 numbers will also be quite good because the company has not seen much of the forex losses, which we saw in Q1. Because of that, they have posted an earning per share (EPS) of Rs 2.65 paise per...

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Indian shares, which shot up 1.5 percent since the beginning of October, fell 1 percent due to profit booking today. Technology, banking & financials and healthcare stocks were under pressure while auto and FMCG stocks were quite supportive. Around 10 hours IST, the trading was halted in NSE...

Country's largest two-wheeler manufacturer Hero Motocorp 's net profit rose lower than expected by 10.25% year-on-year to Rs 615 crore in the first quarter of FY13. Net sales during the quarter too increased less than expected by 9.23% YoY to Rs 6,208 crore in the quarter ended June 2012...

Asian shares paused on Tuesday as investors awaited Federal Reserve Chairman Ben Bernanke’s view on the U.S. economy later in the day, after weak U.S. retail sales and a lower International Monetary Fund global growth forecast raised hopes of more stimulus from the Fed.

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The 30-share Sensex ended at 16863.30 down 370.68 points or 2.15 % and the 50-share Nifty ended at 5,087.30 down 117.40 points or 2.26 %. The Sensex and the Nifty reached an intra-day low of 16,828.33 levels and 5076.70 marks..... Read more here- Nifty Tips

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Bombay Stock Exchange (BSE), founded in 1875. It is also the oldest stock exchange in Asia.

Allahabad Bank, established in 1865.