Sagging Indian markets look to Clinton for support
Impending visit of sultan of capitalism to the sub-continent has not set the Indian markets on fire. Indian stocks, which tumbled by 13.56 per cent in the last fortnight after the Union budget, do not seem to be ready for a warm welcome to US President Bill Clinton.
Asia markets ride on Dow coat-tails
Major stock markets across Asia were boosted on Friday by Wall Street's bumper rise overnight. The Dow Jones industrial average blasted up almost five per cent, while the Nasdaq jumped nearly three per cent after three straight sessions of sharp losses.
Dr Reddy's plans ADS, Ranbaxy may take cue
Move over infotech, the medicine men are taking stock--quite literally--of the situation. The country's premier pharma innovator Dr Reddy's Laboratories on Thursday announced plans to consider an American Depository Shares issue.