TCS emerged as the biggest gainer among the top-10 firms
Chairman of MphasiS, Jerry Rao has raked in nearly Rs 24 crore (Rs 240 million) within a week, from December 15 to 22, 2006.
The divestment department has lined up a host of companies.
Worried over a spike in interest rates in the wake of steps to support the falling rupee, the RBI on Tuesday announced a slew of measures, including Rs 8,000 crore bond buyback, to ease liquidity and ensure adequate credit flow to the productive sectors of the economy.
The combined market valuation of top nine Sensex firms advanced by a whopping Rs 1.39 lakh crore with energy majors ONGC and RIL emerging as the star performers, while TCS saw a marginal dip last week when stock market recorded life-time highs.
Reliance Industries Ltd on Thursday posted a 10.25 per cent rise in net profit at Rs 2,547 crore (Rs 25.47 billion) for the quarter ended June 30, as compared to Rs 2,310 crore (Rs for the corresponding quarter in FY2005-06.
Consolidated revenue rose to a record Rs 163,854 crore.
In the ranking of top-10 firms, TCS retained its numero-uno position followed by RIL, HDFC Bank, ITC, Infosys, HDFC, CIL, Sun Pharma, HUL and ONGC
Vistara's growth and future funding requirement would hinge on how soon the government changes these rules.
Tax department feels that the second quarter would be much better than the first quarter of the year as the economy has started improving.
Sun Pharma and ONGC emerging as biggest gainers
More properties are expected to go under the hammer in the coming days.
A round-up of Ranji Trophy matches played on Monday.
The government on Thursday fixed Rs 358 a share as the floor price for up to 10 per cent stake sale in Coal India on Friday, which may help the exchequer garner about Rs 22,600 crore (Rs 226 billion) in the biggest sale of shares.
It is the second firm to have received retrospective tax notice this year after Vodafone Group.
Overseas investors witnessed net inflow of Rs 24,563 cr in Feb
The Bangalore-headquartered firm had posted a net profit of Rs 1,623.3 crore (Rs 16.23 billion) in the year-ago period, it said in a BSE filing.
Earning returns from an asset lying idle can be a good option in times of volatility.
Alleging that "evidence had been manufactured to falsely implicate him" in the 2002 hit-and-run case, Bollywood actor Salman Khan on Friday told the trial court in Mumbai.
Indian economy about to take-off
In Delhi, the poor are pitted against the middle class, with the former led by Arvind Kejriwal and the latter by Prime Minister Narendra Modi.
