Though the global M&A volume has reached a whopping $3 trillion mark, it represents a decline of 22 per cent from its year ago period, as all regions except Latin America reported decreasing M&A volume, according to data compiled by deal tracking firm Dealogic.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Total sales of passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, stood at 20,748 units as against 20,554 units in April 2012.
Most rate-sensitive stocks ended on a negative note, with BSE auto, bankex, finance and realty indices cracking up to 2.10 per cent.
Experts argue that the top two players in each category will receive funding sooner or later, but for laggards, the market is still challenging
In January, the company had decided to hand the charge of M&A to Suri.
In the September quarter of 2011, the overall value of M&A transactions stood at $6.9 billion.
Advertising agencies admitted that conversations had begun with their clients to exercise restraint while using brand endorsements featuring film actors whose names appeared in the probe.
Bajaj Finance was the biggest gainer in the Sensex pack, spurting 3.64 per cent. Tata Motors, Infosys, Vedanta, ONGC, PowerGrid, NPTC, Axis Bank, ICICI Bank, Kotak Bank, SBI, HDFC Bank, Tata Steel, TCS and RIL too rose up to 3.48 per cent.
Standing ovations, flowers, gifts and rosy farewell speeches -- Keshub Mahindra's last annual general meeting (AGM) as chairman of Mahindra & Mahindra (M&M) had all this, and more.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The broader NSE Nifty sank 177.65 points or 1.53 per cent to 11,419.25.
US endurance swimmer Sarah Thomas has become the first person to swim across the English Channel four times without stopping.
The Sensex was mainly dragged by Reliance Industries, HDFC, HDFC Bank, ICICI Bank and SBI, which lost up to 3.35 per cent.
The surge in deal value is largely due to the $12.9 bn Essar-Rosneft deal
Several manufacturers such as Mahindra
In the Sensex pack, losers included TCS, HUL, Tata Steel, HCL Tech, Infosys, Bajaj Finance, HDFC, IndusInd Bank, Asian Paints, ITC and Vedanta, shedding up to 3.70 per cent.
The broader NSE Nifty ended 57 points, or 0.49 per cent, lower at 11,498.90 in its fourth straight day of losses.
Total FDI from China in India so far is about $1.24 billion
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.
The lawsuit alleged the Mumbai-based company duped hundreds of dealers and walked away with more than $60 million in cash and trade secrets, a release posted on PR Newswire website stated.
Top losers in the Sensex pack include Bharti Airtel, Infosys, Asian Paints, RIL, Coal India, HDFC Bank, HDFC, TCS, ONGC and M&M, falling up to 3.09 per cent.
Nanda will also continue as the chairman of Club Mahindra and Mahindra Consulting Engineers and take over from Anand Mahindra as the chairman of Mahindra Lifespaces, M&M said.
M&M recently roared past Tata Motors in auto sales for the first time.
Other top losers in the Sensex pack included Bharti Airtel, Asian Paints, TCS, HCL Tech, Tata Steel, SBI, IndusInd Bank and Hero MotoCorp, declining up to 3.28 per cent.
Sectorally, BSE metal, basic materials, energy, realty, power, oil and gas, finance, FMCG, bankex and telecom indices fell up to 1.71 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The outlook on Mahindra and Mahindra (M&M) has been changing since its tractor business hit a speed-breaker. Analysts say there are no real triggers for its shares to move up in the near term.
From India, Reliance Industries is the only one in the overall top-200 list and is followed by HDFC Bank at 209th, ONGC at 220th, Indian Oil at 288th and HDFC Ltd at 332nd place.
In her weekly column, mental health guru Anu Krishna offers advice on how to take charge of your life.
Sun Pharma stole the show in the Sensex pack, spurting 3.91 per cent, followed by M&M at 2.87 per cent.
Yes Bank was the biggest gainer in the Sensex pack, rallying 4.06 per cent. Other gainers were Coal India, Infosys, PowerGrid, Vedanta, Reliance, TCS, HUL, ONGC, HCL Tech, IndusInd Bank, HDFC Bank and Asian Paints, gaining up to 2.72 per cent.
In less than two weeks, the 11th Auto Expo will start in New Delhi.
With India's GDP clocking a lower contraction of 7.5 per cent in the September quarter, industry and experts expressed confidence of further recovery in the coming months and said the government's actions are bearing fruit. In a tweet, Vedanta chairman Anil Agarwal said, "Q2 #GDP numbers show that economy is recovering. Government's efforts on stimulus and reform are showing results. Hopefully, we will have positive growth in H2 FY21 and double digit growth in FY22."
Dealers have stocked up vehicles in the run-up to a price hike, which is expected to be announced by leading players some time this month.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
United Kingdom is the second most targeted nation for global M&A in 2009 YTD, with USD 56.3 billion via 806 deals, accounting for 6.3 per cent of global M&A activity, behind the United States which accounts for 36.8 per cent," according to deal tracking firm Dealogic. The global M&A deal tally has reached over $893 billion so far this year.
The broader NSE Nifty plunged 119.15 points, or 1.01 per cent, to 11,709.10.