India's NSE looking into Tata Motors, Ultratech share slump - source

MUMBAI Fri Feb 1, 2013 3:44pm IST



MUMBAI Feb 1 (Reuters) - India's National Stock Exchange was looking into the sudden slump in Tata Motors Ltd and Ultratech Cement Ltd shares on Friday, a source at the bourse said.

Tata Motors Ltd and Ultratech shares briefly dropped as much as 10 percent each, before sharply cutting losses, after a series of shares were sold at lower prices.

(Reporting by Abhishek Vishnoi; Editing by Prateek Chatterjee)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.