The imported machine costs around Rs 3 crore (Rs 30 million) while the BARC-developed AMTS would cost Rs 50 lakhs (Rs 5 million).
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Warren Buffett will meet with individuals that have bought insurance policies through his Indian venture Berkshireinsurance.com.
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
From July 10, when it was launched till August 7, 1,087,030 lives have been covered under Corona Kavach through 648,276 policies with premium of Rs 182 crore and sum assured for Rs 42,956 crore. In addition, 186,347 lives have been covered under Corona Rakshak through 156,695 policies with premium of Rs 25.5 crore and sum assured for Rs 3,293 crore, an Irdai official said.
As many as 14 Indian families have made it to the inaugural list of Forbes' 50 richest families in Asia.
The company brings its global campaign to India, looks for trust and a way to grow its business in the country
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
"This is a huge positive and is expected to bring in $8-10 bn capital in the industry."
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
With mobile data getting cheaper, insurers are introducing technologies that eases buying and lodging claims.
Jamnalal Bajaj Institute of Management Studies is organising its annual business convention Strategym 2006.
Market cap of government companies has remained unchanged in the past 8 years.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
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SBI will hold 30 per cent in RIL joint venture
In the Sensex pack, Axis Bank, HCL Tech, M&M, TCS, HDFC, Kotak Bank, PowerGrid, Hero MotoCorp and Vedanta were among the top gainers, rising up to 1.91 per cent. Sun Pharma was the biggest loser, cracking 5.78 per cent.
Ambani's holding group launched the Indian Super League, an elite competition of newly created teams, in 2014 with the aim of attracting investment and big global names, much like the Indian Premier League has in cricket. 'It was 100% a wasted opportunity'.
Other major laggards were IndusInd Bank, SBI, Bharti Airtel, ONGC, Tata Steel and Reliance Industries -- falling as much as 6.30 per cent.
India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Surge in UPI transactions is because of an increased consumer interest in making bill payments and recharging mobile phones online, and purchase of non-essential goods on e-commerce platforms.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
BCCI vice-president C K Khanna on Thursday claimed that tickets worth Rs 52.36 lakh for the recent ODI match between India and New Zealand went "unsold". "Tickets worth Rupees 52,36,000 were unsold. Why all the tickets were not sold-out? DDCA started online ticket sale quite late that too without proper advertisement," Khanna claimed in a media release.
Five years after the Indian Super League was established, so has its effective preeminence in Indian football.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Insurance Regulatory and Development Authority (Irda) has fined 10 insurance companies, including both the insurance arms of the Bajaj Auto Group, Reliance General, United India, Iffco-Tokio, New India Assurance and Shriram Life for non-compliance with various guidelines. The violations varied from opening branch offices without seeking the regulator's permission to violation of advertisement guidelines and non-fulfilment of social sector obligations.
Indians face COVID-19 with record debt, stalled income.
Suveen Sinha finds out what the tribe of modern, internet entrepreneurs who no longer run their first start-ups are up to.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Promoters of companies who have pledged their shares to raise funds from banks will be asked to top up with more shares if the carnage in the market continues.
So far in September, the S&P BSE Small-cap index has gained nearly 3 per cent as compared to a modest 0.2 per cent dip in the S&P BSE Sensex.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Working with Papa was the toughest,' confesses Varun Dhawan.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
