The $100-billion SAIC would have a dedicated manufacturing facility in India, and would be the first Chinese automaker to do so.
A day after global brokerage firm Macquarie painted a rosy picture of the Indian economy and raised its target level for the stock indices for the next 12 months, Goldman Sachs said India is set to overtake China and become the fastest-growing emerging market during 2016-18.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
Lower revenue collection puts upward pressure on government borrowing, ensuring that it deviates from the glided path of debt reduction
The breadth was neutral with 1,329 advances and 1,320 declines.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
'India's sizeable forex reserves should help stem a possible fall in our currency.'
'The market movement will be largely driven by earnings growth.'
Land acquisition costs have gone up to almost 50% of total project cost.
Room for rise of up to 2 percentage points, move to help meet higher expenditure need in FY17
'Debt mutual funds are a good option now because interest rates are coming down.' 'Retail investors must put a majority portion of your money in short-term debt funds (1 to 3 years) and only a small portion in actively managed dynamic funds.'
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
The challenge of merging Ranbaxy into the company has not been factored in.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
Though strikingly similar to the Tiago, the Tata Tigor takes the design quotient a notch higher, says P Tharyan.
Domestic investors have managed very well to minimise the impact caused by relentless selling by foreign portfolio investors.
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
While Indians don't buy property during May-September due to the holidays/rains/ religious reasons, buyers should scout for property now.
Infosys is steadily trying to get back its lost ground under Sikka.
As corporate India prepares to put its house in order, the transition raises concerns
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
Investors accumulated quality stocks at valuable and attractive levels.
While TCS, Infosys and Cognizant have hinted at a weak quarter, analysts say the slowdown is cyclical and growth will return after the US elections
Sikka's regret over lack of strategic talk with clients hints at larger problem
In Q3, E&P business accounted for just 1.5% of gross revenue
Governor's statements will be weighed to gauge confidence level.
RBI is expected to slash rates by 150 basis points till end-December 2016.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
People flock to electronics shops to buy air conditioners.
Indices reversed all its losses during late trades.
Infosys is on a growth path post a dull Q4.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
Parag Milk Foods, Prabhat Dairy, Hatsun Agro are sharpening their gaze on the retail space and buttering up their customers.
Banks are in need of government support to manage the stressed assets
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Car sales in India surged by 12.87 per cent in December.
When there is panic, you get an opportunity to get your hands on some of the good stocks.
The ripples from November 8 may be seen in next year's state budgets.
