Benchmark share indices ended flat amid lack of investor participation even as gains in IT majors ahead of their second quarter earnings helped capped downside.
IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.
With Democrats having an upper hand in US Congress, the Donald Trump administration will find it difficult to come up with any future legislative changes with regard to visa regulations.
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
Weeks after NR Narayana Murthy returned to Infosys, the country's second largest software exporter on Tuesday saw its global sales and marketing head Basab Pradhan quitting the company.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
Among key stocks, Tata Motors, Hero MotoCorp, L&T, Wipro, ICICI Bank, Dr Reddy's Labs and ICICI Bank, all up between 1%-3%
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
Nikesh Arora has an engineering degree in electronics and worked for a brief period at Wipro, selling computers.
E-waste accounts for 70 per cent of Indian landfills.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
Infosys, TCS, ICICI Bank and Sun Pharma among the top losers of the hour.
As many as 24 special economic zone (SEZ) developers including Dr Reddy's Lab and Tata Consultancy Services have sought more time from the government to execute their projects.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
Coal India was the biggest gainer on both Sensex and Nifty
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
Metals bucked the trend and shone across the board.
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
With employees as brand ambassadors, can the company get the grime off its image?
Ratan Tata has acquired a stake in Chinese handset maker Xiaomi, the first investment by any Indian in the smartphone maker.
Markets end higher ahead of Fed outcome, China stimulus
Poor disclosure among India-listed firms is a turnoff for foreign investors.
The broader NSE Nifty gained 22 points to 10,480.60
Tata Steel, SBI, Infosys and L&T were among the top gainers for the day.
Private lenders were among the top losers along with RIL.
Elliott Capital's letter to Cognizant, detailing how the latter can reinvent itself, has many lessons for its India-listed peers like TCS and Infosys, says Akash Prakash.
ONGC was the top performer while private banking major ICICI Bank extended gains
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
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.
Reliance Industries leads the pack of 56 Indian companies.
For the new millennium generation, slowly and at an accelerating pace, it is attractive to harbour a start-up ambition, says R Gopalakrishnan.
Under Nikesh Arora's leadership, SoftBank has made several investments in India in a short span.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Gains in financial shares capped further downslide.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
The Sensex ended down 251 points at 27,351 and the Nifty shed 65 points to close at 8,228.
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