Heavy sell-off in Shanghai Composite Index on renewed talk of further rate tightening spooked the markets on Tuesday, dragged down the Nifty below 6000 level and the Sensex below 20000 mark - have broken an important psychological levels at close for the first time in last 13 sessions.
European aviation firm Air France-KLM has agreed to pick up a 26 percent stake in privately-held Indian firm Max Aerospace and Aviation Ltd and will set up an aircraft component repair facility in India,
Adani Enterprises expects its coal imports to rise about 40 percent this year, the head of its coal trading unit said, preserving its dominance of the coal trade in Asia's third-largest economy.
News and review from global stock market
Asian stocks fell, sending the MSCI Asia Pacific Index to its biggest four-day slump since August, as commodity shares sank after Chinese Premier Wen Jiabao said the cabinet is drafting plans to stem inflation.
U.S. stocks sank, sending the Standard & Poor's 500 Index to the biggest slump since August, amid concern that the debt crisis in Ireland and Greece is worsening and that China will act to slow its economy.
Federal Reserve Chairman Ben S. Bernanke's $600 billion plan to spark inflation in the U.S. economy is already showing signs of succeeding, if the market for bond options is any indication.
European aviation firm Air France-KLM has agreed to pick up a 26 percent stake in privately-held Indian firm Max Aerospace and Aviation Ltd and will set up an aircraft component repair facility in India,
Adani Enterprises expects its coal imports to rise about 40 percent this year, the head of its coal trading unit said, preserving its dominance of the coal trade in Asia's third-largest economy.
News and review from global stock market
Asian stocks fell, sending the MSCI Asia Pacific Index to its biggest four-day slump since August, as commodity shares sank after Chinese Premier Wen Jiabao said the cabinet is drafting plans to stem inflation.
U.S. stocks sank, sending the Standard & Poor's 500 Index to the biggest slump since August, amid concern that the debt crisis in Ireland and Greece is worsening and that China will act to slow its economy.
Federal Reserve Chairman Ben S. Bernanke's $600 billion plan to spark inflation in the U.S. economy is already showing signs of succeeding, if the market for bond options is any indication.
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