Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
FIIs have offloaded stocks worth Rs 13,110 crore
'India's specific concerns about whether Russia will be a reliable defense supplier and diplomatic partner in the event of heightened hostilities with China has undoubtedly accelerated the process of US-India defense and intelligence cooperation intended to support Indian military positions along the Line of Actual Control.'
External Affairs Minister S Jaishankar held wide-ranging talks with his visiting Iranian counterpart Hossein Amir-Abdollahian on Wednesday against the backdrop of widespread anger in West Asia over controversial remarks on Prophet Mohammed made by two former Bharatiya Janata Party spokespersons.
People who are close to retirement and don't intend to go back to full-time work again should deploy a part of their VRS money in equities so that it keeps growing at a faster rate.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
All sectoral indices, led by realty, PSU, oil & gas and banking, were in positive zone with gains of up to 1.25 per cent.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
AAP has promised lower electricity bills, free basic water supply.
No attention to detail seems to have been paid while introducing such a major provision and the wide arc of people it will take in its ambit, states Harsh Roongta.
Laxman Narasimhan, a veteran in leading and advising global consumer-facing brands, has been named as the new CEO of coffee giant Starbucks, joining a growing cohort of Indian-origin business leaders at the helm of global corporations.
RBI is expected to slash rates by 150 basis points till end-December 2016.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
'If the Chinese are bringing Pakistan more 'behind the curtain,' in terms of intelligence and military cooperation, it will be tailored to their common interests like confronting India over territorial disputes'
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
Regulator probing jewellery houses for violation of collective investment scheme rules, says Shrimi Choudhary.
The sentiment around Indian equities remains positive and unchanged.
Experts believe MNCs, which look for a strong foothold in the Indian kitchen appliances space, target the leading organised players in the industry.
From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
His challenge now may be coping with Alibaba's undoubted status as a whale in the world of e-commerce.
Fragmented polity will make it impossible for India to realise its will because weak governments are unable to take hard decisions, the NSA said.
SoftBank's Founder-Chairman Masayoshi Son has had strong lieutenants in the past who have faded from view in no time.
In a letter to the Business School community on Wednesday, Nohria said he will step down from the position of dean of the Harvard Business School (HBS) on June 30, 2020, after a decade in the role.
Nikita Puri and Dhruv Munjal explain why new-age businessmen are turning to exclusive, uber-rich clubs.
'If you do quick back-of-the-envelope calculation, someone earning Rs 10 lakh can get a benefit of anywhere between Rs 35,000 and Rs 45,000, even if s/he is availing exemptions.' 'A large proportion of people do not avail full exemptions as they don't have money to invest in those schemes.'
Car makers are trying hard to boost sales in India.
VG Siddhartha's story 'will be a good case study and not a deterrent to those who want to be entrepreneurs. I don't think it will scare young entrepreneurs. I think these cases will make them sensible. They will understand that they have to be very careful about certain things, otherwise, they will have to pay a heavy price.'
'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'
PE firm True North's investment model is to take 51% stake in mid-sized companies and make them large, says Niraj Bhatt.
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