He would not be part of the day-to-day activities of L&T in his non-executive role. He would, however, be there at important company events.
Sebi also allowed foreign investors to own up to 15 per cent stake in domestic stock and commodity exchanges
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.
The regulator may float consultation papers for FPIs and private equity funds and the final decision will be taken after taking into account views of all the stakeholders
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The breadth, indicating the overall health of the market, turned negative from positive
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
Swaraj said the focus of the government is growth with eye on manufacturing, infrastructure and trade
Budget fails to cheer realty players.
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
20 new industrial clusters will be developed in 2014-15.
Pitching for greater transparency in rule-making and other functions of regulators, Finance Minister Arun Jaitley has asked Sebi to work towards attracting more retail investors to the capital markets.
On Thursday, Indrani will be obligated to change into the green uniform sari she receives visitors in, as per jail rules, and meet the gentlemen from the income tax department. She may also at some point on Thursday video conference with Delhi in the INX Media-Karti Chidambaram case where she might become an approver.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
Launches of new homes reduced drastically this year.
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
Tax incentives to have cascading effect on the capital goods industry.
Real estate sector cheers reforms in the Budget.
The industry status will help the sector access bank lending at average interest rates
Indian economy about to take-off
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