The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
If the deal goes through, Snapdeal founders will get $60 million (cumulative), of which half will be given to employees.
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
'People are getting admitted to hospital two to three days before their death in a very serious respiratory compromise state and they are passing away within 48 hours.' 'Those who are coming early in the disease, the minute they are suspicious that they have COVID-19, the recovery rate has been much, much, higher.' 'The moral of the story is: We must destigmatise COVID-19.' 'People should be told: 'Look, if you have anything like this, please come immediately'.'
Q3 results have been poor but better than extremely low expectations.
The market is moving up because there is a high degree of speculative retail and operator action. This is rarely a situation sustainable for any lengthy period, says Devangshu Datta.
In a shocking incident, Mumbai's Aarey Colony has lost one of its most beloved residents -- Chandni, a six-year-old female leopard, who was found dead on Saturday afternoon with a wire snare setup by poachers.
He said the US will apply other punitive measures if Tehran does not give up its reported goal of developing nuclear weapons.
In 2012, Diageo signed a deal to buy stake in USL.
'Modi came out with this huge announcement that he has given a historic price rise to farmers.' 'It was actually a fake price. He did not give the price mentioned in the BJP's election manifesto.' 'So, Modi gave an incomplete price rise and publicised it as if he has completed his job.' ''This government has surely proved that it does not care about farmers in any way.'
Patrick Bhai and Stephen Bhai are old friends of Gujarat.
Israeli Prime Minister Benjamin Netanyahu has clinched an 11th-hour deal with a right-wing party to form a hardline coalition government that could pose a major challenge to any global initiative to break the logjam in peace talks with the Palestinians.
Besides the border question, India and China discussed issues related to counterterrorism including Beijing's blocking of India's bid in the United Nations to ban Pakistan-based JeM chief Masood Azhar, National Security Advisor Ajit Doval said on Thursday.
News of all that's transpired on and off the football field
Shaktikanta Das said in Washington, DC, that there was nothing sacrosanct about the 25 bps rate cut and that monetary policy could be well served by calibrating the size of the policy rate to the dynamics of the situation, and the size of the change itself could convey the stance of policy.
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According to information available on the European Commission website, Ranbaxy Laboratories has been fined euro 10.32 million (over Rs 80 crore).
"The US will not be told by any country where we can put our embassy... Today, for the simple act of deciding where to put our embassy, the United States was forced to defend its sovereignty. The record will reflect that we did so proudly," said the US ambassador to the UN Nikki Haley.
The merger has fortified Sun Pharma's position.
If it goes ahead, the combination would create the world's biggest exchange by revenue.
Nitish Kumar has failed to curb communal forces and hoodlums across communities. And that is ominous for Bihar's present and future, warns Mohammad Sajjad.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
US-based outsourcing firm iGate on Wednesday said its net profit declined 89.6 per cent to $3.1 million for the quarter ended June 30, 2014 hit by a one-time charge related to a debt settlement.
Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.
'An opportunity is at hand to think big and recast the India-China relationship on a new template, which would help the pursuit of our country's dream of major power status,' says Ambassador M K Bhadrakumar.
'The producer will wear these gold ornaments, but they will not part with Rs 30,000 or Rs 50,000 to pay the writer.'
'A sense of purpose is lacking in India's diplomacy.' 'This is what happens when foreign policy becomes the stuff for grandstanding before the domestic audience,' says Ambassador M K Bhadrakumar.
The Sindhis are a lesson in perseverance. Once uprooted, they've started all over, often reinventing themselves
The journalist-turned author will be available for a live chat on rediff.com on Friday, June 6, 3 pm.
Today, they can't meet even the piffling capital norm set by Mint Road - Rs 5 crore for partnerships and Rs 10 crore for public and private firms in this line of business. Bulk of the trades are put through e-platform offerings of Reuters, Bloomberg, JPMorgan, Barclays or Deutsche Bank. And they have the web-based FXall, FXconnect, Atriax, Hotspotfx and LavaFX for company.
'No matter what Modi may boast about 'new India', the geopolitical reality is that India's stature diminishes when it needs a small country like Saudi Arabia under an autocratic ruler to help out with what is arguably one of the most critical templates of its diplomacy,' says Ambassador M K Bhadrakumar.
Growing trees means much more than strewing seeds around; it takes an understanding of local climatic conditions, indigenous strains and partnership with local communities.
The festival is billed as the largest gathering of humanity on earth, with 110 million people expected to attend over 49 days. But for the thousands who get lost among the crowds, help is at hand and has been since 1946.
'It would be interesting to see how Yogi Adityanath is received in Tamil Nadu, where he is due to end his Ram Rajya Rath Yatra in Rameswaram on March 23.'
'A little old man who has renounced personal possessions, walking with bare feet on the cold earth in search of a great human ideal'.
An NGO working for the Bhopal gas tragedy victims has alleged that there are no accurate figures available on the death toll of the world's worst industrial disaster even after 30 years and has also raised concern over the toxic waste lying in defunct Union Carbide plant situated near the densely populated old Bhopal area.
For the first time in our political history, Pakistan has become centre stage of the incumbent's campaign, points out Shekhar Gupta.
Only a handful of overseas acquisitions by Indian firms have survived the bloodbath, says Bhupesh Bhandari.
As of now, in the case of China's border dispute with India, China is not likely to lose much if it does not resolve the dispute. In fact, the unresolved border dispute has much to offer to China, says Sana Hashmi.
The larger amount of black money either goes into domestic real estate or bullion, or is round-tripped back into India anyway.
The stock market historically exhibits volatility on Budget day.
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