Companies to hold rates in Delhi until new government is formed.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
The hike in clean energy cess is likely to impact input cost for thermal power producers
'While investors in Reliance have had to play a game of patience for long stretches, for Anil the challenge is to do what used to be his brother's forte -- generating cash by putting assets in the ground and making things,' says T N Ninan.
Essar group, Bhushan Steel and JSW group likely to be impacted by changes
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
Stocks and sectors impacted most by GST.
Coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that the NDA's e-auction of coal blocks will not solve the fundamental problems that dog the industry.
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Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Top 5 losers include Infosys, TCS, ITC, M&M and HUL.
India plans to double coal production by 2020
The fall in metal and mining stocks comes on the back of weak Chinese trade data
With inflation down, the government's twin deficits are largely under control.
An Insignificant Man gets full marks for its originality, says Utkarsh Mishra.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
'If prices of everyday consumption don't come down, employment doesn't pick up, 2020 will not be a happy year for anyone but the super rich,' notes Sherna Gandhy.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Kabaddi may now be behind only cricket in the popularity stakes.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
In the second and final part of this interview, energy and coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that we need to take a comprehensive view of the entire energy sector and how piecemeal reform won't take us very far.
From Arvind Kejriwal to Priyanka, this has been a media-determined election. Two forces stand poised, the people inventing new politics and the media inventing its own version of that politics, says Shiv Visvanathan.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The street-fighter is back and the introspecting, sparingly speaking avatar of Kejriwal has gone on an extended recess. In this grime of heightened Delhi politics, all the good work done by the Delhi government may go down the drain, warns Sudhir Bisht.
Many corporations extended benefits to same-sex couples well before the law was overturned.
With their balance sheets under stress, private companies have lost interest in them.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Biju Janata Dal members had staged a walk-out while NDA ally Shiv Sena did not participate in the voting.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
Analysts say it is a case of over-promise and under-delivery.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
'Modi is a master of convergence. By his ability to converge and add new features to a non-star idea, he is able to sell it. Like how he has turned Kutch into a tourist destination by selling the salt desert of the Rann as a flat snow desert of the night and roping in Amitabh Bachchan to sell it. In one stroke this has ensured economic returns to the people and on the other hand it has taken care of the national security angle in the sense that the border population in the Rann, which is almost entirely Muslim, is feeling better as now they are much more connected with the mainstream.' Ahead of the launch of his book on the much-debated Modi model of governance, journalist Uday Mahurkar speaks to Rediff.com's Sheela Bhatt.
