RupeesMatter India | A blog on finance, investments, loans, personal loan, home loan, stock market and mutual funds in India

Earlier this year, Yahoo! had spurned a $47.5-billion takeover bid from the software giant. The deal was mainly opposed by its chief executive Jerry Yang. Yang who is a co-founder of Yahoo! had last month announced that he would step down as the chief executive but would remain with the firm.

Markets remained under constant pressure on fears of deeper impact of the global recession on Indian economy

Counsel for Tata Motors Ltd (TML) resumed arguments on Friday on why the provisions of the Right to Information Act 2005 cannot be accepted. The company has filed a writ petition in Calcutta High Court challenging the Vires of the Act. Tata Motors

The Sensex opened on a positive note on Monday but changed direction and closed more than two per cent lower following a spate of bad news from the domestic economy and weak global equity markets. The Sensex ended 252 points down at 8,839 while

According to Reliance Money\’s report, expect the markets to remain volatile and despite the unprecedented policy response from central bankers across the globe, including India which might have stemmed the panic reaction, there is no doubt that deleveraging and risk aversion still continues.

Oil fell more than 6 percent on Thursday to its lowest level in nearly four years in response to further bleak economic data that could spell a deeper decline in global energy demand.

Equities ended sharply lower Friday as traders booked profits after a sharp rally in previous session. Benchmarks underperformed the broader markets as IT and metal heavyweights fell on weak global economic outlook.

Oil fell more than 6 pc to its lowest level in nearly four years in response to further bleak economic data. World’s top 10 oil producers | Why oil prices hit a record high

Equities ended sharply lower on Friday as traders booked profits. Gainers: BSE (A, B), NSE | Losers: BSE (A, B), NSE | 52 Week: High, Low | Sectoral: Gainers, Losers

Prices of petrol has been reduced by Rs 5 and diesel by Rs 2 a litre. Gainers: BSE (A, B), NSE | Losers: BSE (A, B), NSE | 52 Week: High, Low | Sectoral: Gainers, Losers