Bank Nifty closes at a 30-month high; Rate sensitives lead the rally on RBI rate cut optimism.
Sesnsex ended the day flat on heavy selling pressure.
Markets closed in the red on domestic worries.
'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.
Bankers say it's a question of survival for debt-heavy companies.
A firm's claim for more than $100 million in damages from Bernie Ecclestone is far-fetched and relies on confessions from a jailed banker who is a "fantasist", a lawyer for the Formula One boss argued on Wednesday.
Nilekani said new-age technology markets work on a winner-takes-all basis.
What's worse than watching someone take a million selfies?
Australia's Prime Minister Tony Abbott on Friday said he will sign an agreement with India to sell uranium for non-weapon use. "Prime Minister Modi and I will today sign a nuclear cooperation agreement that will finally allow Australian uranium to India," he said while addressing a meeting, organised by industry chambers including CII and Ficci.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Perhaps one aspect of the way modern media particularly print and news television works need some soul-searching: Their tendency to "frame" news stories as a conflict between two personalities, says Ajit Balakrishnan.
Donald Trump, Hardik Patel, Kangana Ranuat... The year 2017 wouldn't have been the same if it weren't for these personalities and many more. As we herald in 2018, here's a look at the faces and stories which left an indelible mark on us.
A round-up of our favourite photographs of the week gone by.
India is failing to take advantage of its important ally, Japan as much as it should, notes Mihir S Sharma.
Mumbai Indians scored a 15-run victory over Delhi Daredevils in a must-win match at the Wankhede stadium in Mumbai, on Friday, to stay in the hunt for a play-off berth in the Indian Premier League. They squandered an electrifying start from openers Michael Hussey and Lendl Simmons, losing their last eight wickets for 33 runs before being dismissed for 173 runs in 19.3 overs, but did well to restrict Delhi to just 158.
News of all that's transpired on and off the football field
His monumental achievements notwithstanding, controversies keep chasing Leander Paes.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'
The broader markets, however, outperformed their larger peers.
Saurabh Mahajan, a former Indian Army officer, is making history in medieval battles grounds. Rediff.com's Archana Masih meets the man who has supplied vintage armour and war props to Assassin's Creed, The Hobbit and knights in shining armour to the Tower of London.
Indian CEOs might like to make some serious course correction.
US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.
Here's your weekly collection of stories that prove it's a crazy, funny world out there!
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
Starting as a maker of hydraulic pumps, the Bengaluru-based company graduated to components for automakers like BMW and Audi, and then Airbus and Boeing
Here's your weekly digest of the craziest and funniest stories from around the world.
'It was only relatively recently that Subhash Kapoor was able to secure the sources in India, Afghanistan and Cambodia, that allowed him to get the really highest level objects, and that helped propel him in recent years up the ranks.'
With EU, it is part of the FTA that we will need to negotiate.
Dani Alves has blamed the media for Brazil's unsuccessful World Cup campaign but conceded that the team did not prepare properly ahead of the humiliating 7-1 defeat by Germany in the semi-final.
'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.
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