Wipro's profit up 17%, Goldman sees India revival & banks ask customers to resubmit IDs

THE ECONOMIC TIMES

Wipro Q4 net up 17% at Rs 1729 crore, growth remains a mirage Wipro’s performance dashed investor hopes that growth was around the corner for the company, which has been lagging the industry. Goldman Sachs’ 5 reasons for gradual pickup in GDP growth According to the global brokerage firm, the falling economic growth has raised market concerns about a prolonged economic slowdown.

Story of The Day KYC sets off a KBC-type rush; banks ask customers to resubmit IDs and address proofs If you get a phone call from your long-time banker asking you to resubmit your name and address proofs, don't be surprised or irritated. read more

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Popular Stories Gold prices likely to dip more, no immediate triggers to push it up: BofA-ML Post appraisal, Cognizant asks underperformers to go Maneesh Dhir, Sanjay Kaul: The men behind Apple’s sudden surge in India

Market Watch 19 Apr | 07:23PM SENSEX 19016.46↑285.30 NIFTY 5783.10↑94.40 USD/INR 53.88↓-0.15 GOLD (Rs/10g.) 25909.00↑209.00

Latest Updates Gold rallies but still set for 4th week of losses The drop in prices has ignited a spate of buying in gold coins, nuggets and bars, sending premiums for gold bars to multi-month highs in Asia. Forex reserves at $295.25 bln as on April 12: RBI India's foreign exchange reserves rose to $295.25 billion as of April 12, from $293.84 billion in the previous week, the central bank said. New sensors can give robot hands a 'gentle touch' Robot hands could gain a gentler touch with new inexpensive tactile sensors that utilise widely available electronic chips, Harvard researchers say. Barclays convertible hybrid plans get off to shaky start Barclays' ambition to spearhead the development of CoCos, this time with Tier 1 convertible hybrids, could be its toughest challenge.

Gainers Losers 19 Apr, 2013, 07:23PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Padmalaya Telefilms Ltd. 1.92 20.00 1150 1.92 1.40 Talbros Automotive Components Ltd. 37.85 19.97 554 37.85 34.05 Virinchi Technologies Ltd. 9.58 19.75 17380 9.59 7.50 Mount Shivalik Industries Ltd. 28.50 18.75 2 28.50 28.50 BPL Ltd. 18.14 18.41 584571 18.38 15.11