Sensex ends lower; govt schemes in focus.
In one of the biggest deals in the outsourced product development (OPD) market, audio and infotainment systems maker Harman International Industries will buy Indian-born serial entrepreneur Romesh Wadhwani's Symphony Teleca for $780 million (about Rs 4,800 crore at Friday's exchange rate of 61.4).
Sensex seems to be under pressure on weak cues.
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
Seeking to strengthen Indo-UK economic ties, Prime Minister Narendra Modi on Thursday arrived in Britain on his first visit to the country during which he will have a hectic schedule that will start with talks with his British counterpart David Cameron.
India and the United Kingdom are set to sign a "package of deliverables" during Prime Minister Narendra Modi's first visit here that will also see discussions over cooperation in sectors like nuclear energy and defence.
Sensex may remain under pressure this week due to weak global factors.
23 Nifty companies reported an annual decline in net profit.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
There is considerable discomfort within the defence ministry about the Rafale deal.
Here are highlights of the 68th Republic Day parade.
India Inc is ready to diversify into unchartered areas.
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
Secretary of State for Foreign Affairs William Hague and Chancellor of the Exchequer George Osbourne, heading the largest business and ministerial delegation ever, arrived in Mumbai, their first port of call, during a two-day visit to the country.
'Jihadi outfits backed by the ISI are now prepared to attack targets not just in J&K, but also in Punjab. This signals an escalation in the range and scope of cross-border terrorism, which cannot be ignored,' says Ambassador G Parthasarthy, former high commissioner to Pakistan.
The impact of the ban will not be limited to sales.
This is the car major's second coming in India.
The WPI inflation stood at negative 2.4% in May 2015, compared with a negative 2.65% in April 2015.
Opposition to tri-service structures comes not just from bureaucrats and politicians as the generals like to lament, but equally from within the military. Neither the army, navy or air force chiefs want to relinquish control over their theatre commands, with these cutting edge units placed under some commander who reports elsewhere, says Ajai Shukla.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Indian CEOs might like to make some serious course correction.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
'The most ambitious part of the BAE-HAL agreement involves building an advanced version of the Hawk, which could be used as a light, manoeuvrable, fighter that could operate in the narrow valleys of India's Himalayan frontier, where high-performance fighters cannot turn,' reports Ajai Shukla.
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
The Audi mobile showroom will tour 30 cities over the next two years.
Sensex gained nearly 0.4% or 96 points at 26087 level while Nifty ended up by 42 points or 0.5% at 7,791.40 level.
With tiger stripes and India in its logo, Gautom Menon wants the world to drink Indian.
Be a fox by temperament and a hedgehog by conviction, Gaurav Dalmia tells Bhupesh Bhandari. Then, he explains why.
'Britain always had a very special relationship with the EU -- it always was an on/off relationship. It retained its own currency and visa.' 'Britain always had what you call in EU lingo 'opt out clauses', which other countries don't have.'
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
In first half of year, firms raise more than banks on low US treasury rates.
This is largely on the back of Tata Steel's expansion at Kalinganagar, as well as JLR's in China and Brazil
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
Stating that India is new bright spot of hope and opportunity for the world, the prime minister said India among other things is igniting the engines of its manufacturing sector and making its farms more productive and more resilient.
The index had risen over 585 points in the previous three sessions.
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