Side indices raced ahead with BSE Midcap and BSE Smallcap advancing 0.4% and 0.3% up, respectively.
India's economy has bounced back amazingly from the Covid-19 pandemic and nationwide lockdown over the last one year, but it is not out of the woods yet, according to the World Bank, which in its latest report has predicted that the country's real GDP growth for fiscal year 21/22 could range from 7.5 to 12.5 per cent.
Pawan Munjal, chairman and managing director of Hero MotoCorp, the country's biggest two-wheeler maker, leads the pack among automobile CEOs.
The agency said the move on liquidity will lead to an ease in the situation.
Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years.
India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday. The fourth quarter growth was better than the 0.5 per cent expansion in the previous October-December quarter of 2020-21. The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20, according to data released by the National Statistical Office (NSO).
'I was shocked by the kidnapping episode. I could have lost my life.'
These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
For rest of the year, the issue is largely going to be the balance between growth rates and macro stability versus interest rates, says Sankaran Naren.
An assessing officer can initiate proceedings for prosecution from three months to two years, along with a fine.
Devangshu Datta highlights the silver lining for the long-term investor.
Mid- and small-cap companies seem to have done better than top-tier companies
With India contributing only 2% to its revenues, the multinational is focusing more on key markets like the US and China.
Private sector investment is likely to improve mildly in H2 of FY17, even though signs from investment data are not encouraging.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
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.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
Rs 500 bill accounts for over 51 per cent of the value of currency in circulation.
As even bigger road construction players are not willing to bet on BOT projects., NHAI will have to rethink its thrust on the BOT model.
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
Global brokerage Nomura has increased its one-year target of benchmark BSE Sensex to 30,310.
Government's effective supply-side measures and commendable commitment to fiscal consolidation will have a salutary impact on inflation, says the RBI report.
While the government has infused huge capital into PSBs, the same has largely been used to mitigate losses and has failed to contribute meaningfully to credit growth.
Miss the March 31, 2018 deadline to file belated tax return for FY16, and risk an I-T notice and a hefty fine.
Industrial production (IIP) grew to a three-year high of 6.4 per cent in August, up from 4.1 per cent in July.
Tata now occupies the fourth slot with the incremental volumes from the Tiago
Wonder why corporate India is showering dividends?
Swiggy had in June entered the elite Unicorn club after raising $210 million from a group of investors
Gujarat and Jharkhand are most favourably placed in terms of smaller share of public sector employees and lower liability on pension, wages and salaries.
The airlines in India are expected to add around 370 aircraft worth Rs 150,000 crore (Rs 1.5 trillion) to their fleet by FY17, according to a study by Assocham.
India Inc's investment project announcement falls to Rs 11.3 trillion. In the coming months, the pace of investments would depend on how soon consumption demand picks up and private sector investment ramps up investment in infrastructure.
The brokerage said it expected corporate earnings to turn around.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
Large states like Andhra, Chhattisgarh, Gujarat, Himachal, MP, Odisha, Punjab and Tamil Nadu would need compensation from the Centre
Unless these companies falter on growth or external and domestic factors play spoilsport, analysts expect them to do well
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
Investors remain cautious ahead of F&O expiry.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
The domestic car sales volume of the company is also growing at 15%
