The board meeting also saw Mehta, 57, being re-appointed as MD & CEO for a period of five years after the completion of his term in October
The broader NSE Nifty rose nearly 124 points to settle just below the psychological 11,000 level.
Only if you are a conservative investor satisfied with index returns; but over long term actively managed funds give better returns in Indian markets
This would make India the world's second-biggest nuclear energy market after China
The difference between watching a movie on a laptop in your apartment and watching it on a big white screen is almost spiritual, notes Sreehari Nair.
Reliance Industries, Infosys and Tata Motors were the top contributors
The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.
Oil tanked to a 7-year low as OPEC decided to maintain production.
The broader NSE Nifty, after cracking below the key 10,300-mark, touched a low of 10,211.25, before finally ending 134.75 points, or 1.30 per cent, down at 10,226.55.
'You don't need do anything extra (in a situation like Pandya's). Whoever comes out of it positive, his career can scale new heights, like we have seen with many cricketers in the past. I hope he goes on that right path and emerges as a better cricketer and I think he can do that'
Eipro's Azim Premji has been pushed to second place.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
On the sectoral map, consumer durables stayed in the lead by surging 2.39 per cent, followed by realty index, oil and gas and infra.
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
The Nifty rose 176.50 points, or 1.74 per cent, during the week.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Seasonal weakness may result in modest sequential revenue growth for large Indian IT firms in the January-March 2016 quarter, analysts said.
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
RB Leipzig's Timo Werner scored a hat-trick as they demolished hosts Mainz 5-0 on Sunday to reclaim third place in the Bundesliga with an emphatic victory after three straight draws. Schalke 04 slumped to a shock 3-0 home defeat by relegation-threatened Augsburg on Sunday, their fourth defeat in five games dropping them to eighth place in the Bundesliga.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
While previously selling of the marketing business, possibly to another state-owned firm, was being considered, the government is now mulling on hiving off the pipelines into a separate entity and selling off a majority stake in it.
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
The markets opened in the positive terrain after seeing a flat close yesterday
Investors have kept their eyes on US-China trade talks and are optimistic about a positive outcome.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
Mid- and small-cap companies seem to have done better than top-tier companies
A recovery in rupee, buying by domestic institutional investors, encouraging earnings by select blue-chips and stock specific buying helped the market get back on its feet
Oil & gas, banking and pharma sector stocks stole the show
The rupee on Tuesday fell by 25 paise to 65.05 on fresh dollar demand from banks and importers despite persistent foreign capital inflows.
John Isner delved deep into his energy tank to outlast Germany's Alexander Zverev 6-7(4), 6-4, 6-4 and claim the biggest title of his career at the Miami Open.
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
Calling India an indispensable partner for the 21st century, United States Secretary of State John Kerry said on Monday the dynamism and entrepreneurial spirit of this bilateral relationship is needed to solve some of world's greatest challenges.
Sensex ended up 41 points at 29,136 and Nifty gained 4 pts to 8,809.
FMCG major ITC on Tuesday surpassed state-run energy giant ONGC to become the county's second most valued firm in terms of market valuation, with TCS at the top of chart.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
Vijender also snatched the WBO Oriental Super Middleweight title from the Chinese, who is nine years younger to him.
The joint operators of the Panna/Mukta and Tapti oil and gas fields, British energy firm BG Group, Reliance Industries Ltd and Oil and Natural Gas Corporation, have hiked the price of natural gas produced from the Tapti field.
'Shaheen Bagh is no longer a mere ghetto of lower middle class Muslims.' 'Now, it is a metaphor for resistance, secularism and struggle,' notes Md. Zeeshan Ahmad.
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