The hike in clean energy cess is likely to impact input cost for thermal power producers
Major corporates are staring at an uncertain future after investing substantially on their projects
Metal sector is not too happy from Budget announcements for the sector
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Among these, Hindalco and Vedanta from the metal pack have become multi-baggers, gaining 100 per cent in 2016
CBI is likely to examine soon Hindalco chairman Kumar Mangalam Birla and former Coal Secretary P C Parakh, who are named as accused in the FIR related to Talabira coal block allocation to Hindalco, as it wants to expedite probe.
The states will get over Rs l lakh crore.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
Aditya Birla Management Corporation has received cash from certain group companies through hawala operators in Delhi, say investigators
The Central Bureau of Investigation on Tuesday filed a fresh status report in a sealed envelop in the Supreme Court on coal block allocation scam giving details of the ongoing probe in which companies, business tycoons and bureaucrats have come under its scanner.
Licence winners are expected to be announced by the first quarter of 2014.
Stocks of companies having operations and exports to Europe were the top losers.
In many cases, all that is required is a final letter from the ministry
Technical rallies and short covering may arise only if the markets break this 500 point band
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
Several Sensex stocks hits 52-week low in intra-day trade on Monday with financials leading the decline.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
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