Pharma shares extended losses after the government's ban on combination drugs.
The profit boost for studios will in large part be driven by the rush for local-language content from platforms like Netflix Inc
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
The lack of bandwidth and content means it will be a long time before online streaming services take off in India.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
Weak monsoon forecast rekindled fears of higher inflation.
The rise in India Inc's market value was led by asset-light firms.
Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
In fact, a $1-million initial fund has been announced to help developers build apps and new services, including for more local-language content, and a contest has been launched, too.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
Sunil Sethi raises five questions to avoid the pitfalls that ended his ignominious earlier tenure as chief minister exactly a year ago
The calculation excludes cross-holding of listed group cos in each other.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
How do you balance the demands of an expanding business with the desire to retain the culture that made you successful?
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
More and more companies are warming up to the idea of reverse mentoring.
India Inc has few leaders who are likely to grab headlines in 2015.
