Pharma major Lupin and mortgage lender HDFC were the top losers.
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Sensex eneded 374 points higher on rate cut expectation from the RBI.
Ever since Diageo struck a deal to buy controlling stake in United Spirits Ltd, the two companies have pulled all stops to ensure the "dream combination" gets all the regulatory clearances.
When oil prices collapse from $110 to $45, economic agents in India experience a large income windfall.
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
The company's buy of Concur will strengthen its position in cloud computing
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Given their growth prospects and reasonable valuations, Mindtree, Hexaware and NIIT remain top picks of most analysts.
The route to that target is clear in Sikka's mind.
Some feel that Tata Steel has put these assets on the block only after exhausting all the options.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.