The S&P BSE Sensex plunged 128 points to end at 25,102.
Imported Ethane will substitute its current propane imports and a portion of naphtha used for ethylene production.
Will Infy spring a surprise in subdued second quarter?
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Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
The airline's accounts are yet to be audited.
Growth has been slowing year-on-year for the IT sector but investors have continued to bet on it.
Asset quality stress has ballooned recently, as growth slowed and interest rates continued to rise.
Street believes premium valuations justified, as port traffic is expected to grow at a CAGR of 16% over FY14-16.
High interest costs and a weak rupee may raise overall debt, even as refinancing may not be an issue.
From the stock perspective, though, even as all the 10 analysts polled by Bloomberg have a 'buy' recommendation on FRL, their target price of Rs 535 suggest most of the positives are already priced in.
Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company
Average data usage on Airtel India network grew about three fold to 2611 megabyte (about 2.5 GB) per customer from 904 MB on YoY basis. But the average revenue from the data services per customer declined by 22.7 per cent during the period.
The company is keen on creating 'a differentiated e-commerce model'.
His plan revolves around new products, a renewed thrust on exports and some serious cost savings
Favourable response to launches, recovery in CVs will aid growth.
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
TCS, Infosys do well but Wipro & HCL disappoint analysts; however, outlook for FY17 bullish in general.
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Jonathan Garner, chief Asia and emerging markets equity strategist, Morgan Stanley, gives Samie Modak his assessment of the Indian economy after 3 years of Modi Sarkar.
The move will catapult Disney as the country's largest media and entertainment broadcaster, with over $1.3 billion of additional India revenue.
Suresh Prabhu, the new railway minister, described his charge as being 'the engine of growth'.
Bharti's operating margin for India wireless business grew 80 basis points sequentially to 34.9 per cent.
HUL, the country's largest FMCG company, saw sales volume fall by 4% for the December quarter.
Gross refining margins may decline sequentially but improving petro-chem margins will boost earnings
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Within six months of joining iGate as CEO, Ashok Vemuri will get a performance bonus of $175,000 (about Rs 1.10 crore) for his strategic initiatives, which helped the US-based outsourcer grow revenues by over 10 per cent in the December quarter.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Whether it is protecting its turf in its core utility vehicle segment through new model launches, or stepping up investment in electric vehicles, the Anand Mahindra-led firm is leaving nothing to chance
'In plain simple English, these practices amount to a looting of our country's future by some in the business community, in cahoots with some lenders,' says RBI Governor Dr Urjit R Patel.
This is the third consecutive profitable quarter for SpiceJet.
The S&P BSE Sensex surged 160 points to close at 25,262.
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
In the last 3 months, rupee has depreciated 16% against dollar.
Companies that are developing biosimilars (for regulated markets) or have portfolio of new chemical entities (NCEs) under development.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.
The Crisil study covered 600 companies excluding financial services and oil companies, representing 71 per cent of the overall market capitalisation of India Inc.
