Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
Nisbet would be succeeded by Nazir Patel effective from October 1. Nisbet has been part of the telecom company for 14 years.
Not too much is known about the middle-aged Arifuddin who is Vavasi's major shareholder, except for the fact that he is a civil engineer from Karnataka and started the group around a decade ago.
He feels that the reserve price set by the government for the 2G spectrum auction was very high.
Lt Governor Najeeb Jung on Thursday returned to Delhi government the file on removal of DCW chairperson Barkha Singh seeking reasons for the proposed action even as Chief Minister Arvind Kejriwal justified its stand saying these bodies should not be headed by politicians.
ONGC was the top performer while private banking major ICICI Bank extended gains
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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.
Indian CEOs might like to make some serious course correction.
Like Bharti, India 's largest mobile operator, Reliance has global aspirations. After losing last year's keenly-contested $11bn takeover of Hutchison Essar, India 's fourth-largest mobile operator, to Vodafone of the UK, Reliance needs to raise its game or risk becoming an also-ran.
Telenor Financial Services, IDFC Bank and Sun Pharma's Dilip Shanghvi have decided to withdraw their licence to set up a payments bank.
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SBI will hold 30 per cent in RIL joint venture
Ninety-nine companies, which also include some unlisted ones, have more than Rs 100 crore each of minimum alternate tax credit on their books, cumulatively adding up to Rs 75,000 crore. By utilising MAT credit, many companies will be able to bring down their effective tax cost.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Says spending $3 billion every year on networks alone
'If Khan Market today -- a neon-drenched spectacle of blingy shops and pricey eateries -- is what it is, it's not due to the dramatic shift in political dispensations, but because free-market India is another country,' notes Sunil Sethi.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The progress of the GST Bill in Parliament is also likely to remain in focus
Bharti Enterprises Group CFO Sarvjit S Dhillon said there is more clarity on the regulatory front now, which is a good sign for the industry.
The body of the former minister, wrapped in a tricolour, was brought to the crematorium in the afternoon from the BJP headquarters, where it was kept for few hours for people to pay their respects.
A court in new Delhi on issued notice on Monday to an Investigating Officer of the Delhi police, probing the former Delhi minister Somnath Bharti's purported raid on some African residents last year, to remain present "in person" with final status report after he failed to turn up.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
The merged entity would lead with a revenue market share of about 37 per cent against Airtel's 31.2 per cent and Jio's 14.5 per cent
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
Sensex climbs higher at close, bluechip stocks in focus.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The latest trigger has been Future group's buyout talk with the retail unit of Andhra Pradesh Chief Minister Chandrababu Naidu's family-owned Heritage Foods
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.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Alleging that the administration delayed in initiating the rescue operation, a group of people from Shantipur set afire several boats, trawlers and launches anchored on the river bank on Sunday
The apex court had on December 4 last year, reserved the verdict after hearing counsel for corporate honchos and the Central Bureau of Investigation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Special CBI Judge O P Saini adjourned Monday's proceedings in the wake of stay granted by the Supreme Court on separate pleas filed by Mittal and Ruia challenging the March 19 order of the trial court summoning them as accused in the case.
The company will engage various NGOs for the construction of toilets as well as undertake awareness campaigns for better sanitation, it said adding that a total of around 100,000 households would be benefited by the sanitation initiative.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
Bharti Airtel customers can now avail its 4G data plans starting from Rs 450, down 31 per cent from Rs 650 earlier in Bengaluru, Kolkata, Pune and Chandigarh circles.
Hero MotoCorp's promoter Pawan Munjal emerged as the highest paid director.
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
In one of the largest FDI deals in realty sector, global private equity Warburg Pincus will invest Rs 1,800 crore (Rs 18 billion) in Piramal Realty, which would use the funds to develop mixed-use projects in the megalopolis.
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