The highest domestic package, however, fell 10 per cent
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Power generation and distribution is the most indebted sector
Tendering the shares in an open offer will lead to higher taxation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
Unless supported by investment, any spark of a recovery could be temporary, hint economists.
For India's leading MFI-turned bank, the challenge is to stay competitive while pricing its loans
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
The report, 'Road Ahead Clears Up for Oil PSUs', says the decline in underrecoveries, or losses oil-marketing companies incur on selling petroleum products below market price, will have a significant positive impact on both upstream and downstream public-sector oil companies.
There is too much focus on building, infrastructure, the number of teachers (as opposed to quality), number of laboratories and so on, says Vineet Gupta.
Railway Budget has not discriminated against any state.
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
Govt reconstitutes body, says will not interfere in senior PSB appointments
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
Though it is likely gross domestic capital formation increased in the quarter ended June, against declines in the previous two quarters, a significant revival in investment might take a few quarters more, economists say.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
SBI had a tough journey in the last 40 years.
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
Had you invested Rs 5,000 every month in SBI Magnum Multicap Fund through systematic investment plan (SIP) for the last 5 years, the value of your investment would be over Rs 5.2 lakh as on August 22, 2016
By splitting its business into separate verticals with dedicated portfolio heads, CavinKare looks to improve distribution and facilitate more launches in the future
India's debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016.
Anglo-Dutch parent's stake in Indian subsidiary rises from 52.5% to 67.3%.
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
A nearly two-fold hike in natural gas prices will incentivise investment in the hydrocarbon sector and help reduce the energy import bill, India Inc said.
High net worth individuals (HNIs) are considered more investment-savvy than retail investors.
The panel was set up to suggest ways to reform India's monetary policy.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Real estate veteran Saket Mohta gives the the most comprehensive 11-point checklist
Sun Pharma stock has appreciated at 35% a year for 20 years
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
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