MUMBAI - India's stock markets fell more than one percent on Monday, heading towards their biggest daily fall in nearly a month, as blue-chip stocks such as ICICI Bank Ltd declined on risk aversion linked to Greece, while IT stocks such as Infosys Ltd fell on caution ahead of quarterly earnings.
Recent Business News
TOKYO - Honda Motor Co's new chief executive said the Japanese automaker has no plans for now to provide financial aid to Takata Corp , the air bag supplier at the centre of a costly global safety recall that has dented Honda's public image as well as its earnings.
TOKYO - Factory worker Satomi Iwata has new co-workers, a troupe of humanoid automata that are helping to address two of Japan's most pressing concerns - a shortage of labour and a need for growth.
LONDON - Videocon Industries Ltd plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group's chief said, as part of its strategy to boost the business.
- Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a "ruthlessly selective" review of the Swiss bank's businesses, amid expectations that the incoming CEO would cut staff by about 15 percent from its investment banking arm.