Adani, which already has mining and environmental licences from the state government, requires the state approvals on management plans on the endangered finch bird and groundwater in order to commence the mine construction.
The clean up issue, ignored in the Bhopal gas tragedy settlement, emerged 20 years later, with the government trying to hold Dow Chemicals, UCIL's successor, liable on the 'polluter pays' principle. From the legal perspective, for the victims, efforts at Anderson's extradition or a Law Ministry face off with Dow on cleanup are pointless, writes Kumkum Sen
Kotak Bank was the top loser in the Sensex pack, falling around 3 per cent, followed by Axis Bank, Sun Pharma, HDFC Bank, Bajaj Finance and Asian Paints. On the other hand, ONGC, PowerGrid and IndusInd Bank were the gainers.
Australia's batting mainstay Steve Smith dared the lethal Indian fast bowling unit to bring on the short stuff in the four-match Test series starting next month.
L&T was the top gainer in the Sensex pack, spurting over 6 per cent, followed by Hero MotoCorp, HDFC Bank, IndusInd Bank, Maruti, HDFC and HCL Tech. On the other hand, ITC, SBI and Bharti Airtel ended in the red.
HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by HDFC Bank, Infosys, NTPC, Nestle India, TCS and HUL. NSE Nifty surged 337.80 points to 14,845.10.
Indian stock market indices have climbed close to their all-time highs, even as key overseas indices such as the Dow Jones, FTSE 100 and Nikkei 225 are reeling under the sub-prime meltdown in the US.
The Dogs of the Sensex stock picking strategy is based on the Dogs of the Dow theory. The latter has outperformed its benchmark index, the Dow Jones Industrial Average, for the last 46 years.
L&T was the top loser in the Sensex pack, dropping 4.99 per cent, after the engineering major posted a 45 per cent decline in consolidated net profit for the September quarter. Titan, ONGC, Axis Bank, HUL, NTPC, M&M and HDFC were the other major laggards, shedding up to 3.32 per cent. NSE Nifty fell 58.80 points or 0.50 per cent to 11,670.80.
There's more to the US markets than a mere weak-dollar story.
Infosys slipped nearly 9% after the company cut full year revenue outlook for FY17.
Among major Sensex gainers, ITC rose the most by 2.32 per cent, followed by TCS, M&M, SBI and Bharti Airtel.
The benchmark Sensex companies' underlying earnings per share are down 3 per cent (on a cumulative basis) since January 2015, against 25 per cent rise in the index value during the period
Technical fault was the reason behind it.
But on account of uncertainty over the presidential elections and also the fact that the valuations are looking a bit stretched, volatility is likely to remain the order of the day.
Michel Mulder 'lost' then won the men's 500 metres Olympic speed skating title by one hundredth of a second in a dramatic finale at the Adler Arena on Monday, with his twin brother Ronald taking bronze in another Dutch clean sweep of the medals.
All Sensex components ended in the red. SBI was the top loser, followed by ONGC, Axis Bank, ITC, Titan, Bajaj Auto, TCS and IndusInd Bank.
Interview with Asia-Pacific economist, Morgan Stanley
New app propels civic engagement, using known tools and similar experience abroad, in another effort to use social media's power.
He doesn't expect banks to raise interest rates, as they'd not reduced these after the policy rate cuts in May and March.
Two women survivors of the 1984 Bhopal gas tragedy will go on an indefinite hunger strike here from May 1 to press Dow Chemicals, the present owner of Union Carbide, to own up responsibility for the tragedy and assume the liabilities.
The actor, presently serving a three and half year-old sentence in a Pune jail, turns 54 today.
Spokesperson said the hackers wanted to monitor the daily's coverage of China.
Low volatility, in general, means low risk, which highlights another anomaly -- when any asset gets into uncharted territory, risk, almost by definition, should be high.
Investors might soon get to bet on various versions of the Bombay Stock Exchange's (BSE) benchmark index, the Sensex, and its other key gauges soon.
The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
Kumar Sangakkara scored his 31st Test century to equal the Sri Lanka record held by Mahela Jayawardene, as the hosts put up 361 for three on the first day of the first Test against Bangladesh on Friday.
The broader NSE Nifty closed below the 10,200-mark by slumping 99.85 points, or 0.98 per cent at 10,124.905.
Inflation is expected to remain low in the near term, in part because of the further declines in energy prices.
On BSE, 1,826 shares declined and 982 shares rose, while a total of 194 shares were unchanged
A dangerous flashpoint in United States-India relations faces visiting US Secretary of Defence, Leon Panetta, who faces tough questions from Indian officials on Tuesday, writes Ajai Shukla
A livid Michael Clarke has lashed out at his team-mates for the manner in which they lost the first two Tests against India, saying 'we have let each other down'.
'This fall is nothing. We could see worse if everybody hits the panic button.'
Sensex's 3 per cent average performance over the last 5 years can be considered as sleeping.
Futures for the S&P 500 were down 1.4 per cent, Dow Jones futures were 1.3 per cent lower and Nasdaq 100 futures were down 1.4 per cent at 0939 GMT.
BHEL was the top Sensex loser, down over 4%.
