It had entered the segment by pumping in over $290 million.
The deal had separately come under scanner of the market regulator Sebi for alleged insider trading violations and the present 'no-objection' from the exchanges.
The government on Tuesday announced a host of measures to tame inflation, which had soared to a five-month high of 6.01 per cent in May.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
First person account: To say the entire stretch is ripe for a stampede is putting it mildly.
'When a company goes into insolvency, by definition it means that existing shareholders have been wiped out.'
Gains in financial shares capped further downslide.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
U K Sinha's six-year tenure as chairman of Securities and Exchange Board of India ends later this week. Sinha held his last press conference in Mumbai on Monday, where he spoke on wide-ranging issues and his biggest regret.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
TCS, Infosys and Wipro were down 0.4-2% each. Capital goods majors also ended lower with L&T and BHEL down 1.4-3.9% each.
The Primary Market Advisory Committee of Sebi has suggested some changes and the market regulator had sought public comments on the recommendations.
Markets ended flat on Tuesday, amid a volatile trading session, as investors exercised caution ahead of the two-day FOMC meet starting today and Reserve Bank of India's monetary policy later this week.
In his campaign blitzkrieg in poll-bound Gujarat, Prime Minister Narendra Modi on Sunday accused the Congress of seeking to divide the people on caste and religious lines.
'With the new DPP, there will be greater transparency and faster clearances.'
Markets ended their lowest close in 2015 on fears of FII outflows as the US Fed may hike rates.
Metal shares gained on hopes that the government may adopt ordinance route for mines sector reforms
The exploration and production assets of Essar Oil will not be part of the Rosneft deal and would continue to remain with the Group.
He takes over from Ashutosh Vaidya, who will move into a full-time position as head of Global Delivery for Dell Services.
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
WPI inflation even breached psychological level of 0% in Nov.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Rosneft bought a 49 per cent stake in Essar Oil's refinery port and petrol pumps, while Netherlands-based Trafigura Group Pte, one of the world's biggest commodity trading companies, and Russian investment fund United Capital Partners split another 49 per cent equity equally.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
Ruias to sell Essar Steel stake to strategic partners.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
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.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
IT majors along with metal names Sesa Goa and Hindalco buck trend.
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
Worried about the adverse impact that price rise could cause to Congress' prospects in Lok Sabha polls, Rahul Gandhi unveiled quick fix policy prescriptions for 12 party-ruled states including reform in PDS and giving farmers a wider choice to sell vegetables and fruits.
In its latest transition, the company will also double up as an investment vehicle.
'According to the government's Economic Survey, the Indian state's generosity is not restricted to its poorest citizens. In fact, in many cases, the beneficiaries are disproportionately the well-off.'
India Inc has high hopes from the upcoming Budget.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
List of disappearing entities could see additions, for first time in 20 years.
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.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.