Call centres in India brought in extra staff and asked some to work overtime to answer a flood of inquiries to Britain's National Rail after a series of deadly bomb blasts hit London's transport network Thursday, officials said.
SpiceJet Ltd., an Indian budget airline, will likely to sell a foreign currency convertible bond worth $90 million by early September to raise money for more plane purchases, a company executive said Wednesday.
The latest allegation of rape was levelled against Akbar by Pallavi Gogoi, chief business editor of National Public Radio, a Washington-based American media organisation, who has detailed the "most painful memories" of her life in an article in The Washington Post.
'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'
With global crude prices softening and the govt taking steps to curb inflation, the Indian growth story still has some steam left in it.
Fund managers's compensation is largely tied to the assets they manage and scheme performance.
'It has only become a pathology because of gender relations,' argues historian Veena Talwar Oldenburg in a startling new thesis.
Based on a feedback, the exchange could cap a sector's weight at 25 per cent, or align with the broader market.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
The NSE Nifty also gained 53 points, or 0.49 per cent, to settle 10,855.15 after shuttling between 10,870.40 and 10,749.40.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
The indices closed with losses for the week, with the Sensex declining 476.14 points, and the broader NSE Nifty falling 155.45 points during the period.
In the Sensex kitty, ITC turned star performer by surging 2.45 per cent, followed by NTPC rising 2.19 per cent.
Other than ITC, other laggards include PowerGrid, Infosys, M&M, NTPC, SBI, HDFC, Kotak Bank, HDFC Bank, TCS, Hero MotoCorp, Coal India, ONGC, RIL, Asian Paint, IndusInd Bank, ICICI Bank, Maruti Suzuki, Bajaj Auto, Tata Motors, Bharti Airtel and Axis Bank.
Indian investments in equity and debt account for the second-highest remittances outgo (about a quarter).
India is the next major breeding ground for start-ups.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
Foreign portfolio investors were net buyers in equities to the tune of Rs 119 crore, as per provisional stock exchange data.
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
Sebi will soon put in place new norms for changes in constituents of the key stock market indices.
Amnesty highlighted poll-related violence in the lead up to the May 2014 General Elections, communal clashes and failure of consultation on corporate projects as key concerns.
The NAE this year has elected 69 new members and 11 foreign associates, thus bringing the total US membership to 2,250 and the number of foreign associates to 211.
The good news for us is that India's economy - and sentiment about it - is much better than it was a year ago, says Jamal Mecklai.
Jim Rogers, chairman of Rogers Holdings, tells Puneet Wadhwa that the US bond market that hit bottom in 1981 and has been in a bull-run since then, is coming to an end.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
Rupert Murdoch-led News Corp has acquired 25 per cent stake in real estate portal PropTiger.com for $30 million.
Analysts expect the indices to dip further if the global macros do not stabilise
Sahai, who did his master's in economics from the University of Delhi, is currently head of Citi's Securities and Fund Services business.
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand. Prasanna D Zore reports.
Laying emphasis on striking a balance between environment and development on the 30th anniversary of Bhopal Gas tragedy, Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Wednesday said all measures should be taken to avert a repeat of such an industrial disaster.
There are few strategies to invest safely in a volatile market.
If your fund's expense ratio has risen dramatically after Sebi's recent changes, compare it with the category average before switching.
Stocks of companies having operations and exports to Europe were the top losers.
On the lines of Shariah-compliant products, intermediaries ask exchanges to consider investment benchmark.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
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