Tata Group chairman Cyrus Mistry is keen to promote the 'Make in India' campaign.
Caution prevailed across the bourses ahead of the Union Budget.
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral free automatic loan for businesses, including MSMEs, to benefit 45 lakh small businesses. Detailing parts of the Rs 20 lakh crore economic stimulus package, she said this loan will have a 4-year tenure and will have 12-month moratorium, she said.
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The Sensex ended higher by 245 points at 27,372 mark and the Nifty gained 66 points at 8,225.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
The proposed ban on cash transactions above Rs 3 lakh may hit luxury goods, jewellery sales and real estate.
The Tata group is planning a big splash.
TCS still ace in the pack
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
'Our government has created 10 million jobs when the Indian unemployment rate is at a 45-year high.'
The watch has been designed by multiple Tata Group companies
Google is the most attracitve employer in India followed by Sony
The group, however, measured the economic value of just 43 creative ideas out of 1,700 innovations that took place within the Group last year.
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
BSE Auto index fell over 0.5% after reports that automobiles might get costlier post GST
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
No Indian auto brand (including Tata or Mahindra) is well-known globally.
Virender Kapoor tells you just how to get started.
Though Mistry does not make it to the club of the top 10 highest paid India Inc leaders, he will be among the next 10.
The one common theme across companies that have rewarded shareholders is consumption.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Under Neemuchwala's digital-first vision, Wipro has accelerated investments in automation, analytics, cloud and cognitive technologies over the past three years, says Ayan Pramanik.
The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
The Sensex ended down 251 points at 27,351 and the Nifty shed 65 points to close at 8,228.
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Bank shares were the top losers after sharp gains last week.
'You can't take jobs to people, you have to take people to jobs.'
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
Monsoon is expected to be normal in June.
'The world wants India to succeed. It also worries now that India over-promises and under-delivers,' says Shekhar Gupta.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
Financials are the top gainers along with index heavyweights.
Foreign institutional investors were net buyers in Indian equities worth Rs 277.92 crore on Tuesday
Investors booked profits at higher levels with oil shares leading the decline
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
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