Sensex falls 117.03 pts to end at 28,883.11; Nifty closes 32.85 pts down at 8,723.70.
The group also plans to commission 500 MW of solar power projects
NRIs are increasingly buying properties in India online.
The BSE Sensex and Nifty fell more than 2 per cent on Tuesday, heading for their biggest daily loss since the midst of the rupee crisis in 2013
SpiceJet is having tough times due to a huge financial crunch.
India only has 3.5 million workers undergoing skills courses a year, compared with 90 million in China
Troubled carrier SpiceJet has paid employees' salaries for November and cleared dues of fuel companies as well.
Fierce competition among airline firms has long limited price increases despite crippling operating costs
.jpg)
Officials in India's civil aviation ministry are now expected to meet SpiceJet stakeholders within a couple of days to discuss the revival plan
Increased demand from oil importers for the American currency kept pressure on the rupee
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
Global investment firm Citigroup is bullish on Indian equity markets.
CLSA says government actions to facilitate investment more important for revival than a token monetary easing.
CLSA expects annual net inflows of $15 billion from domestic investors over the next few years in India.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
It has been a difficult year for Singh, whose fate from the start has been closely tied to that of the Gandhi family.
In New York market, the dollar continued to weaken against its rivals yesterday on a day devoid of major data releases out of Europe and the US.
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
De-allocation could raise import bill by $3 billion, add to coal shortage.
The bank says valuations are still high, foreign mutual funds are still 'very overweight' on Indian shares.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances