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Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
This surpassed its previous record close of 29,974.24, reached on April 5.
Investors accumulated quality stocks at valuable and attractive levels.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
"It is 2017. I don't understand why these things are still taboo," says Randeep.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
The major cause of the floods in Mumbai in 2005 and in Chennai in 2015 has been the reclamation of reservoir areas and rapid, unplanned, urbanisation.
The Indian indices also offer one of the lowest dividend yields.
During his lifetime and after, Ambani aroused extreme responses in others.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
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The creation of the Amul brand and its famous mascot gave a rural revolution a durable competitive edge.
How do you translate a first love into a profession? How do you become a writer once you set your heart on it? Susmita Bhattacharya, who once worked as a graphic designer in Mumbai, now teaches the basics of English to newcomers to Britain and is also a creative writing tutor. Her first novel The Normal State of Mind was published earlier this year after a grim battle with cancer.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
From extreme poverty to building a company worth Rs 60 crore, Raja Nayak's incredible rags-to-riches story is an inspiration for all.
The 39-year-old, the fifth child of an illiterate labourer couple and only the second of their eight to be educated, now helms various ventures that bring in a turnover of between Rs 75 crore and Rs 90 crore.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
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