Collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group.
Kotak Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by ICICI Bank, PowerGrid, HDFC, IndusInd Bank and Axis Bank. NSE Nifty declined 45.75 points to 16,568.85.
Companies announce Rs 768 bn worth investments in Dec quarter versus Rs 1.15 trn in Sep quarter
The return of private investment now struggles with lack of funds and election-driven uncertainty.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
Apart from the growing adoption of the internet in the country, brands are drawn to the agility of the medium, its targeted and data driven approach and the increasing cost of offline channels for sales and distribution.
Rathika Ramaswamy's love affair with wildlife photography began in 2003, when she took pictures of birds at the Bharatpur bird sanctuary. That love affair -- captured in her lens -- bloomed! And how!
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Two projects in Iran, which India is to execute involving major financial commitments on its part, are of particular significance for Indian steel.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The number of cases being admitted and investigated by the Competition Commission of India has fallen drastically in recent years.
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
'The Modi government needs some big private sector trophies to affirm its anti-corruption credentials before the polls.' 'So on whose neck will the sword fall next?' 'To that extent, the outing of the ICICI Bank-Videocon story is cathartic,' says Shekhar Gupta.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
The country must get its act on global alliances right in order to feed its fuel-hungry economy, points out Subhomoy Bhattacharjee.
The growth in six core industries - crude oil, petroleum refinery products, coal, electricity, cement and finished carbon steel - contracted also for the April-September period to 3.9 per cent from 6.9 per cent in the first half of the previous year. The infrastructure industries have a weight of 26.7 per cent in the overall index of industrial production.
Shastri took the first big step to transform India's agriculture, the benefits of which his successors reaped in plenty, says A K Bhattacharya.
The need for larger investment in infrastructure that is the biggest shortcoming, says A V Rajwade.
The Indian operation of the Swiss food group employs more than 5,000.
Birla Corporation has grown from a Rs 1,763-crore company to Rs 3,200 crore; profitability, however, has suffered due to the slowdown.
India's economic growth had slumped to a decade's low of five per cent in 2012-13.
Core sector companies have seen volumes drop to single digit in the first nine months of FY16.
Large investors track high-frequency data that is immediately available today. That data has been bullish, points out Debashis Basu.
Ajit Mishra answers reader queries on the stock market.
The company aims to make Lanjigarh refinery the first zero-based refinery in the world.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
India likely to overtake China on strong GDP growth.
Scooters, once the fastest growing sub-segment, also declined for the second consecutive month in September.
The cumulative m-cap of the companies listed on the BSE soared to a new peak of Rs 82,02,907 crore at 1200 hours.
Prime Minister Narendra Modi is travelling again! The Pradhan Sevak is in Indonesia on the first leg of his three-nation tour to East Asia. This is Modi's first-ever official visit to Indonesia and before the visit, the PM hoped that the meet would cement the political, economic and strategic interest of the two friendly maritime neighbours.
If the government delivers its election promises, then activity in the industry should increase.
For fast-moving consumer goods, growth is likely to be tepid.
Lack of new investments may undermine higher consumption
We can expect to see more Chinese wolf warrior diplomats on the prowl, in India's neighbourhood, though its mailed fist is not so visible while dealing with India, observes Colonel R Hariharan (retd).
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
The growth rate in September was highest since May when it was 4.4%.
Indian govt is trying hard to get global investors to invest in the country.
Gross value added and low investment activity by the private sector remain areas of concern
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