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Apple Inc.'s stock hit a new high Friday after a four-month swoon, as investors look ahead to the release of a new iPhone and possibly a smaller iPad. Already the world's most valuable company, Apple Inc. saw its stock hit $644.13 (U.S.) in morning trading, before retreating to $642.80.

Indian drugmaker Wockhardt is proving there is life after debt restructuring. After defaulting on USD 110 million in overseas bonds in 2009 and renegotiating payment on Rs 13 billion in loans, the generics maker is nearly free from a sometimes bitter process of debt recast and is enjoying a furious stock rally...

GMR's stock touched a new low of Rs 17.6 on last day of August post the CAG report on the company related to the airport business. Fundamentally though, things are coming in place for the company. First of all is the 352% tariff hike order for GMR operated Delhi Airport, which will improve the overall financial performance sequentially. Besides, the management is also trying to get existing things right.