The ministry of defence has bought two regiments of the indigenous Pinaka multi-barrelled rocket launcher for Rs 3,230 crore.
The statement comes in the wake of reports that warned of power crisis looming large due to the coal shortage in the country.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The Rs 1,094-crore contract with Tata Power SED involves upgrading 30 airbases to handle next generation fighter aircraft.
M&M was the top gainer in the Sensex pack, surging 3.37 per cent, followed by Sun Pharma 2.53 per cent, Asian Paints 1.88 per cent, ITC 1.66 per cent, HDFC Bank 1.58 per cent and Tech Mahindra 1.51 per cent.
Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The 14 listed Tata group companies in which Tata Sons holds a stake are paying out a record Rs 35,441 crore to their shareholders by way of dividends and share buyback for FY21.
'Kindly advise about the following stocks. Can I hold or exit?'
Tata group companies have outperformed the broader market over the past four years, under the chairmanship of N Chandrasekaran. However, the group's fortunes rely heavily on the performance of Tata Consultancy Services (TCS) now, as compared to the past. The combined market capitalisation of the group's listed companies has nearly doubled in the last four years, against a 77 per cent rally in the benchmark Sensex during the period. The overall market value of 16 key group firms - excluding listed subsidiaries of such entities - stood at Rs 16.8 trillion as of Friday. This was close to 2x the Rs 8.45 trillion as of February 21, 2017 - the day Chandrasekaran took charge as chairman of Tata Sons.
Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.
While the industry has been given the highest benefits, farmers will have to contend with 1 per cent reduction in electricity costs.
A bench headed by Justice C K Thakker while seeking reply from Tata Power and Maharashtra Electricity Regulatory Commission asked Tata Power Company not to take coercive measures against Reliance till the next date of hearing in July. Reliance has challenged the Appellate Tribunal for Electricity's order dated May 12, 2008 which ruled that TPC was entitled to recover charges for energy supplied to REL at the rate of Rs 2.09 per unit.
Tata Steel and Tata Chemicals under investor watch
The Mumbai power cuts come amid concerns about wider blackouts across the country due to a shortage of coal.
Tata Power, Sesa Sterlite and Hindustan Zinc likely to be hit.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
Northern and western states had the highest power demand, with Uttar Pradesh sourcing 19,082 Mw, Delhi 6,029 Mw, Rajasthan 10,395 Mw, Gujarat 16,825 Mw, and Maharashtra 23,609 Mw.
The company wants to amend it's application against the part to make the case stronger.
In an affidavit filed before the apex court, the government said that the petition challenging the use of coal for projects other than 4,000-MW Sasan Ultra-Mega Power Project was filed on a totally false basis and 'gives a totally misleading and erroneous impression'.
A bench headed Justice Altamas Kabir, while pronouncing the judgement, refused Reliance Energy's contention that Tata Power had licence to supply power to only bulk customers.
Videsh Sanchar Nigam Ltd has decided to acquire the entire stake of Tata Power Broadband for Rs 239 crore (Rs 2.39 billion).
In the domestic market, the Tata Group has lost ground in the passenger car business.
LIC, EPFO and PSBs are likely to be asked to subscribe to bonds.
Corporates understand that the PMO drives all key decisions in this government.
'We cannot understand why the government is facilitating the import of artillery when our indigenous guns are doing so well.'
Overseas direct investment by Indian companies fell by over 53 per cent year-on-year to $1.16 billion in July 2014, as per RBI data.
Sensex firm on favourable GDP numbers for FY16.
The group companies now lead the market capitalisation league table in sectors such as ports, power generation, gas distribution and transmission, and power transmission and distribution, ahead of incumbents in both public and private sector. This has Gautam Adani family the second wealthiest in business in India.
Higher power tariff would have fetched Tata's Mundra UMPP Rs 25,000 crore (Rs 250 billion) and Adani's project an additional Rs 18,500 crore (Rs 185 billion)
Tata Power, the country's largest power utility, has emerged as the only Indian company among the six firms shortlisted to bid for Singapore's largest power utility, Senoko Power, which is likely to be sold at over $3 billion.
Broader market underperformed the headline indices
In 2010, R Power acquired 100 per cent economic interest in three coal mining concessions in Indonesia
'Landmark developments herald the end of two decades of stagnation in the army's modernisation plans,' notes Brigadier Gurmeet Kanwal (retd).
Share markets will have only three trading days this week with Monday and Wednesday being holidays due to general elections in Mumbai and Maharashtra Day, respectively.
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