Bank shares were the top gainers led by ICICI Bank.
The 30-share Sensex ended up 8 points at 27,508 and the 50-share Nifty closed 1 point higher at 8,284.
'The approach towards Mallya is not right because his unit could have been turned around earlier with additional funds from his side and the bank's side.'
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
AAI has 51% stake in the project while Punjab and Haryana have 24.5% equity each.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
India Inc has few leaders who are likely to grab headlines in 2015.
Diageo gets assurance, Heineken may seek one, too.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
Bengaluru dominates Karnataka's economy and its infrastructure mess compounds the problems, with policies lagging need and expectations.
One's dreams never end. If you don't dream, you don't exist. You need to dream to look forward to in life, Radha Daga, who went from a textile exporter to food entrepreneur at 60 years of age, shares her incredible journey with Shobha Warrier.
India will have to deal with the question of whether broadband service providers are 'common carriers', like highways.
Currently, the travel time between Mumbai and Delhi varies between 16 and 30 hours.
Non-uniform definition of control makes foreign investors wary, raise corporate governance issues.
The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
Ten trade unions with a combined membership of 15 crore workers in public and private sector, including banks and insurance companies, are on a nationwide strike to protest against changes in the labour laws.
'Amitabh Bachchan told me, "I don't appreciate other people doing my voice".'