Bank shares were the top losers along with index heavyweight RIL
A four-member panel of secretaries is likely to submit its report on a new gas pricing mechanism to the government by Wednesday.
The search for that one stock that transforms a virtual beggar like me into a profligate millionaire might be over, says Mudar Patherya.
Ahead of RBI policy meet, India Ratings said an interest rate hike of 0.50 per cent in the remaining part of the fiscal will throw the BSE 500 companies into a quandary.
UBS said RIL's $10 billion petchem capex by 2016 will drive 12 per cent volume CAGR.
Analysts expect the company to post 6.2% sequential growth in rupee revenue.
The S&P BSE Sensex plunged 128 points to end at 25,102.
The average premium at $390 Main Japanese Port (MJP) was almost 47 per cent higher than 2013-14.
Global rating agency Fitch on Tuesday said the imminent entry of Reliance Jio into the telecom space will see a likely 20 per cent fall in data tariffs, but will not have any impact on the credit profile of the top four incumbents in the medium term as their revenue is on an uptick on rising voice tariffs and improving regulatory environment.
Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19
Will Infy spring a surprise in subdued second quarter?
Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company
Ten stocks that can reap you a fortune
Imported Ethane will substitute its current propane imports and a portion of naphtha used for ethylene production.
From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced in.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
The airline's accounts are yet to be audited.
Growth has been slowing year-on-year for the IT sector but investors have continued to bet on it.
Asset quality stress has ballooned recently, as growth slowed and interest rates continued to rise.
Average data usage on Airtel India network grew about three fold to 2611 megabyte (about 2.5 GB) per customer from 904 MB on YoY basis. But the average revenue from the data services per customer declined by 22.7 per cent during the period.
Street believes premium valuations justified, as port traffic is expected to grow at a CAGR of 16% over FY14-16.
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
High interest costs and a weak rupee may raise overall debt, even as refinancing may not be an issue.
The move will catapult Disney as the country's largest media and entertainment broadcaster, with over $1.3 billion of additional India revenue.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Jonathan Garner, chief Asia and emerging markets equity strategist, Morgan Stanley, gives Samie Modak his assessment of the Indian economy after 3 years of Modi Sarkar.
TCS, Infosys do well but Wipro & HCL disappoint analysts; however, outlook for FY17 bullish in general.
The company is keen on creating 'a differentiated e-commerce model'.
Whether it is protecting its turf in its core utility vehicle segment through new model launches, or stepping up investment in electric vehicles, the Anand Mahindra-led firm is leaving nothing to chance
His plan revolves around new products, a renewed thrust on exports and some serious cost savings
HUL, the country's largest FMCG company, saw sales volume fall by 4% for the December quarter.
'In plain simple English, these practices amount to a looting of our country's future by some in the business community, in cahoots with some lenders,' says RBI Governor Dr Urjit R Patel.
Favourable response to launches, recovery in CVs will aid growth.
Suresh Prabhu, the new railway minister, described his charge as being 'the engine of growth'.
Gross refining margins may decline sequentially but improving petro-chem margins will boost earnings
Bharti's operating margin for India wireless business grew 80 basis points sequentially to 34.9 per cent.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances