Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
Markets extended gains led by financials and capital goods shares coupled with a rebound in IT shares.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
With its new line-up, the firm has managed to touch the right chords, but to regain market share from the established players, Micromax will have to fight a protracted battle.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
From Singapore to Almora, Abhishant Pant has survived without cash, and he wants to continue in that state all his life.
The best analysis of politics does not come out of air conditioned newsrooms, but from the voices on India's streets. Rakesh Kumar Singhal -- once an army jawan, then an ONGC employee, then a tea shopwallah -- reveals why he left the Congress for Modi.
'Seems more than half of the 'desh' remained untouched by his 'samajik ekta ka andolan',' points out Jyoti Punwani.
Then came the electrifying climax of Tuesday's hearing. Pasbola showed Sharma copies of cheques that had been deposited at the bank with Indrani's signature on them. He accused Sharma of forging Indrani's signature and collecting the money for herself. In the back Indrani stood up in the accused box and very pointedly nodded her head up and down and mouthed, "She did!".
Syed Firdaus Ashraf walks the streets of Mahim, where Yakub Memon grew up and lived till the day before the serial blasts in 1993, on the day Yakub was hanged and discovers an undercurrent of unease and restrained anger.
Finally to end the dispute, Sharma threatened to show her shoes. Pasbola declared regally that he would like to forgo that particular honour. Sharma ignored him. Instead, she bent down, took off her shoe and triumphantly held her prize aloft, and said delightedly, "Yeh dekhiye! (Have a look!)"
Akshay Manwani traces Aamir Khan's fascinating journey to stardom.
'I returned to jail at 4.45. I was body searched and sent back to my cell.' 'A bowl of dal was kept there covered.' 'Another guard gave me a tablet and I became unconscious.' Accused One spoke about a similar incident happening to her in October 2015 and also with a bowl of dal.
One couldn't help feeling a certain melancholy viewing these now vagrant documents and photographs that would never be rightfully cherished. The pictures spoke to you. They offered slices of extinguished lives. They breathed sadness too, for what could have been and will never be. The sweet promises that Life made and insolently, arrogantly never kept.