This equity capital infusion is the country's largest-ever FDI.
Top corporates have paid more advance tax in second quarter this year.
The crackdown on black money has manifested itself in a doubling in outward remittances as black money attempts to leave India.
With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.
India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.
General, life insurers with 8 & 10 yrs in biz, respectively, may have to list
Infosys continues to be interested in acquisitions.
The weakness in the stock was because of inspections by the American drug regulator at its Halol plant in Gujarat which resulted in eight observations, as well as a downward revision of speciality drug payoffs.
To increase focus on hiring people from diverse skillset
Foreign brokerage Bank of America Merrill Lynch (BofAML) on Friday said a "dovish" Reserve Bank will slash key interest rates by 0.25 per cent at the February review meet and will do cuts of 0.75 per cent in 2015.
The local markets are expected to react to global triggers until the government announces the Union Budget.
The wide-based NSE sensitive index is currently hovering around 7,900.
What's driving consumers to petrol cars? Ajay Modi finds out.
The government is ready to support Air India, but wants the airline to improve its performance.
Finance minister Arun Jaitley has few feathers in his cap for taking serious eff
Amazon has committed over $5 billion to grow its business in India so far and says it will pump in more capital as and when needed, a big worry for rival Flipkart which has been struggling to raise funds over the past couple of months.
India's budget could have been more ambitions on the fiscal front.
A four-member panel of secretaries is likely to submit its report on a new gas pricing mechanism to the government by Wednesday.
This was the companies' highest loss in two years.
Though India was under lockdown for only seven days of the quarter, global demand and commodity prices began falling from February as COVID-19 was spreading in other countries. 1,002 listed companies - excluding banks, non-bank lenders, insurers, brokerages, and IT firms - reported a combined pre-tax loss of around Rs 2,700 crore during Q4.
Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.
They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period.
Pallon has already joined the boards of some of the unlisted companies such as Afcons
A bonus is given to existing stockholders in proportion to the number of shares they already hold.
Analysts expect robust earnings growth from the financial sector.
UBS said RIL's $10 billion petchem capex by 2016 will drive 12 per cent volume CAGR.
In Q3, E&P business accounted for just 1.5% of gross revenue
Sources close to the PM say he will not be panicked into generating short-term results at the cost of longer-term goals
Infosys, HCL might fare marginally better than TCS.
While lower gas output led to earnings cuts, price rises with regular ramp-ups in output will lead to earnings upgrades
Given its network and fleet, it has garnered the highest share of passenger growth.
The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.
The markets are in bubble territory.
While the BSE's asking valuation is reasonable, compared to peers, there are some factors that long-term investors need to consider before investing.
The telecom sector's adjusted gross revenues have grown 13.2% year-on-year in the June quarter.
The S&P BSE Sensex has gained 149 points to open at 25,802.
Goldman Sachs forecasts real GDP growth to accelerate to 7.9 per cent in FY17 from a projected 7.5 per cent in FY16.
HDFC Life has a balance between traditional policies and Ulips
The strong correlation between its sales (revenue or turnover) and crude oil prices (average for the financial year) suggests that Ambani may be proved right.
Markets end in the red, midcaps in focus
