Market Watch

Country's top four IT companies -- TCS, Infosys, Wipro and HCL Technologies have seen their combined cash chest swell to a whopping USD 9 billion (Rs 56,000 crore) as their businesses continue to generate profitable growth despite turbulent macroeconomic scenario. This marks an increase of about $ one billion since the beginning of current fiscal in the four companies' cumulative cash position, which includes cash, cash equivalents, bank deposits and disposable financial investments. The combined cash position of these companies stood at about $8 billion at the start of 2013-14 f

BlackBerry has been struggling to keep pace in the smartphone market and has moved to expand its service offering to iPhone and Android-powered mobile phones. BlackBerry recently introduced its messenger service, BlackBerry Messenger, for third-party platforms and it has been reportedly an instant hit with over 10 million people who have downloaded the service. The sinking smartphone maker revealed that in just 24 hours BBM has been downloaded over 10 million times by Android and iPhone users, one of the best single-day openings for a mobile app to date. Bla

Hindustan Unilever Q2 net profit up 13.24 pct at Rs 913.8 cr

JSW Energy quarterly net profit slides to Rs 162 crore

Biocon net increases 13% to Rs 102 crore

Shriram City Union Finance

Standard gold of 99.5 per cent purity rose by Rs 175 to conclude at Rs 32,015 per 10 grams.

Riding an unprecedented buying frenzy, precious gold reclaimed the psychological Rs 32,000 per 10/gm mark at the domestic bullion market here amid swelling festive and wedding-related off-take.

Demand for the shiny metal has been witnessing a massive surge ever since the festive season began outstripping supply due to shortage of gold following restrictions on consignment imports, leading to a sharp spurt in domestic prices, bullion traders commented.

The industria