Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
Move could be aimed at integrating operations with Indian subsidiary.
Sensex closed over 118 points down on Thursday.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
Govt reconstitutes body, says will not interfere in senior PSB appointments
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
China's malfunctioning stock markets remained semi-frozen.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Beneath a street lamp in one of Rio de Janeiro's slums, 19-year-old boxer Wanderson de Oliveira does pull-ups from a metal bar outside the Fight for Peace academy while two skinny young boys watch intently. Much of the Complexo da Mar, a teeming neighborhood of 140,000 people near Rio's international airport, remains in the grip of drug gangs despite efforts to break their hold on the city's poor districts ahead of the August Olympic Games. Gang members brandishing automatic weapons inspect vehicles that enter Mar at a checkpoint, watchful for raids by rival crews or the police. Youths with machine guns patrol the streets or loll in plastic chairs at corner bars.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
'In contrast to the generally buoyant tone of the Economic Survey in January, he sounds uncharacteristically pessimistic, saying that forces in the world economy -- slowing global trade, protectionism, robots -- will limit India's manufacturing to levels well below what propelled East Asia's economies decades ago.'
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
From Narendra Modi's victory in 2014 to the Nitish-Lalu triumph in 2015 and delivering Assam to the BJP in 2016, young and very professional strategists have startled politicians and the media.
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