Future

Microsoft Cancels Fable Legends, May Shut Down Lionhead Studios

Microsoft has announced it’s cancelling development on co-operative action role-playing game, Fable Legends. In addition to this, it’s considering to close the UK-based Lionhead Studios responsible for its development. Lionhead was acquired by Microsoft in 2006 after a string of solid games such as Black & White, Fable, and The Movies. “After much consideration we have decided to cease development ... Read More »

HMT Shares Soar 20% on Revival Plan Of Subsidiary

Shares of HMT rose sharply by 20 per cent on Friday as the government is eyeing revival of HMT Machine Tools. The stock advanced by 18.61 per cent to Rs. 49.70 on BSE. On NSE, shares of the company jumped 19.92 per cent to Rs. 49.95. “Having closed down three of its subsidiaries, we are now looking to revive HMT ... Read More »

Sensex, Nifty Set for Best Weekly Gain Since 2011

Mumbai: Indian stock markets took a breather on Friday after four sessions of gains with shares swinging both ways, but the indexes were still poised for their best weekly gain in more than four years after the government unveiled a fiscally prudent federal budget. Investor sentiment has improved after the government stuck to its fiscal deficit target for the next ... Read More »

Sensex Gains for Fourth Day, Nifty Settles at 7,485

The Sensex rally continued for fourth trading session and Nifty moved closer to its crucial psychological level of 7,500 in trades on Friday on the back of buying in metal, banking and real estate stocks. In the last four trading sessions, the Sensex has surged 1,644 points, its biggest weekly gain in more than four years. The investor sentiment was ... Read More »

Sensex, Nifty Post Best Weekly Gains in Over 4 Years

Indian stock markets edged higher on Friday, posting their best weekly gain in more than four years, tracking gains in Asian markets and on improved risk appetite after the government unveiled a fiscally prudent budget earlier this week. The benchmark BSE Sensex rose 0.16 per cent to close at 24,646.48, while the broader Nifty gained 0.13 per cent to end ... Read More »

Top Seven Companies Add Over Rs 1 Lakh Cr in Market Valuation

New Delhi: Amid a strong broader market trend, seven of the top-10 companies saw their cumulative market valuation zoom by a whopping over Rs 1 lakh crore last week. During the week, the Sensex surged by 1,492.18 points to end at 24,646.48, its biggest weekly gain in four years. Barring Sun Pharma, HUL and ONGC, rest seven companies led by ... Read More »

Mutual Funds AUM Falls for Fourth Straight Month in February

New Delhi: Assets base of the country’s mutual funds industry dropped to Rs 12.62 lakh crore at the end of February, making it the fourth consecutive monthly decline, due to lower investment in equity schemes. According to the latest data of the Association of Mutual Funds in India (AMFI), over 40 fund houses in the country together had an average ... Read More »

India’s January Gold Imports Rise 62%: Report

New Delhi: India’s gold imports in January surged 62 per cent compared with the same period last year, news agency NewsRise Financial reported on Tuesday citing a government official, as the country’s appetite for the precious metal continues unabated despite duties. India, the world’s second biggest consumer of gold, shipped in 93.3 tonnes of gold last month while overseas purchases ... Read More »

Samsung Begins Mass Production of 256GB UFS 2.0 Storage for Smartphones

With the advent of cloud services and an increasingly improving infrastructure, we will one day be able to store and handle all our files on the cloud. But for now, storing files on your phones is the right way to go about it. Samsung realises that, and this week it announced that it is now mass producing industry’s first 256GB ... Read More »

Oscars 2016: How to Design a Red Carpet Gown a Star Might Pay For

Bryce wore a dress from Neiman Marcus’ 2016 pre-spring collection at the Golden Globes. (Image courtesy: AFP) The actress Bryce Dallas Howard announced on the Golden Globes red carpet that she’d actually purchased her navy lace Jenny Packham dress, from Neiman Marcus. Unlike the Hollywood stars who take loaners from design houses, Howard had gone to the mall in preparation ... Read More »