Tech Mahindra's open offer for acquiring a controlling stake in Satyam Computer, which begins on Friday, may not be fully subscribed as shareholders will get a better price in the market with the shares of the tainted IT firm soaring over 33 per cent in the past three days.
To lure health-conscious consumers, who prefer lower intake of sugar, Mondelez is launching a variant of its most sold product Dairy Milk bar with 30 per cent less sugar.
Manu Kumar Jain, vice-president, Xiaomi, and managing director, Xiaomi India, shares his thoughts with Arnab Dutta on how the firm has put India on the forefront.
The S&P BSE Sensex ended up 129 points at 26,843 and the Nifty50 ended up 39 points at 8,220.
Microsoft top boss Satya Nadella feels the increase in productivity has come at the price of burning the 'social capital' built up by companies over very many years, observes ad guru Sandeep Goyal.
In other IPOs, the minimum dilution to the public will be 25 per cent, or Rs 400 crore, whichever is lower.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Kwid's early success is evident from a number of 50,000 in booking in just about a month of launch in September 2015
The SE is up against some sweet deals from China and South Korea, not to mention Apple's own XR.
India has remained obsessed with cheap capital and infrastructure spending when instead the central constraint on Indian development remains the abysmal quality of Indians' skills, says Mihir Sharma.
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
Reliance Industries on Tuesday toppled state-run oil major ONGC to become the country's second most valued firm after TCS.
An alert government in Delhi should have begun government-to-government discussions with Moscow the moment it came to know that Russians were developing a vaccine. That is to say, almost an year's time has been lost, observes Ambassador M K Bhadrakumar.
There are end-of-an-era moments; this was one of them.
The 30-share Sensex ended up 165 points at 29,044 and the 50-share Nifty gained 54 points to close at 8,834.
Barring oil and gas, all BSE sectoral indices finished in the green.
Nirma detergent brand has shed its affordable tag for a more premium positioning against Surf, as rival Ghadi consolidates its position as a mass-market player.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
Broader markets underperformed indices with BSE Midcap down 0.43% while the Smallcap index fell 0.07%.
After two years of growth in the 4 per cent to 5 per cent range, the gross domestic product is expected to increase more robustly in 2015, growing to an expected 6.4 per cent.
The restraint on part of investors was chiefly because of RBI's minutes of its December policy meeting, which showed that some members were concerned about rising oil prices, its inflationary impact and possibility of fiscal slippage.
Gold prices fell due to persistent selling by stockists triggered by a heavy sell-off in global markets.
Higher exports will also drive up volumes, as the company seeks to avail of the benefits under the government's recently announced production linked incentive scheme.
Stock specific action is seen with some of the prominent companies posting their quarterly numbers.
Markets climb higher tracking global cues.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
Rate-sensitive sectors gained amid hopes that the central bank would ease monetary policy more aggressively next month.
BofA-ML mandated to find buyer for 27.5% stake in media group's holding firm
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
The revived factionalism in the AIADMK, if not curbed now, has the potential to split the party vertically, warns N Sathiya Moorthy.
His Rare Enterprises purchased 75 lakh shares worth Rs 13 crore.
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
Life Insurance Corporation of India (LIC), the country's biggest insurer, said it did not participate in Tata Motors' Rs 4,145-crore rights issue as the shares continued to trade below the offer price till the last day of the subscription today. The move resulted in the issue devolving on the promoters and the underwriter, JM Financial.
Sensex in green, midcaps, smallcaps fail to show up; bluechips rule.
Lebanese Prime Minister Hassan Diab in a televised address to the county warned that those who were responsible for the devastating catastrophe will be held accountable and not go unpunished.
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
The overall market breadth remained firm as 1,673 stocks are advancing while 1,303 are declining.
The vehicle will compete with the likes of Toyota's Innova, Maruti's Ertiga.
The order in favour of Vodafone is being considered significant because some domestic companies too are involved in similar transfer pricing cases.
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