Sensex falls at close; metals, banks perform well.
Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
The parties have jointly applied to the Delhi high court, requesting that it accept their agreed terms of settlement, subject to such further orders as the court sees fit, it said.
Experts are betting big on the clause that talks of capital gains.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
'MFs have a combined exposure of Rs 3.2 lakh crore to NBFCs, out of which Rs 1.1 lakh crore matures by September 2019.'
The markets regulator made it easier for banks to acquire control in listed companies.
A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.
SpiceJet promoter Kalanithi Maran would need to invest at least Rs 1,500 crore (Rs 15 billion) almost immediately to stabilise the airline.
Once a stock market darling, the jewellery chain heads for liquidation.
BSE is world's largest exchange in terms of listed companies and figures among top 10 globally on various other parameters.
Formal announcement of venture into new segment on Thursday; group's entry timely, given the demand, say experts
ONGC and Oil India bought a five per cent each of the government's stake in IOCL, yielding Rs 5,340 crore (Rs 53.4 billion) to the government.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
The broader Nifty ended on top of 9,800 again.
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Government divestment reached record figures after the financial crisis, at the same time as promoters were required to bring down their stake in companies to 75 per cent or less.
Even as the government's move to hike import duties on 45 items is seen as a sign of protectionism, the prime minister was himself involved in the process.
Sectors throw up a wishlist for the Finance Minister.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
Senior officials say the government might come up with an incentive package for the SEZs following the release of Foreign Trade Policy.
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
ADB has often expressed its interest in promoting sub-regional integration in South Asia and perhaps could be involved as a facilitator.
Murkumbi will continue to retain his post till the stipulated notice period of 90 days or completion of open offer by Wilmar, whichever is later.
Mayank Ashar, managing director and chief executive officer, Cair India, says the reform momentum should continue and the industry should do its part too.
Private lenders were among the top losers along with RIL.
British India Corporation employs about 1,800 people
Overseas airlines can operate unlimited number of flights into and out of India.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The comments come at a time when the Supreme Court-constituted Special Investigation Team has detected funds worth about Rs 4,479 crore (Rs 44.79 billion) held by Indians in a Swiss branch of HSBC bank, while unaccounted wealth totalling Rs 14,958 crore (Rs 149.58 billion) have been traced within home.
Budget 2016 may hold some answers to start-up cooncerns.
With its nominees on the board, Tata Sons will have the controlling stake of 51%.
With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.
Vistara was launched on January 9.
'Expectations were being built up about radical moves and the action plan did not disappoint.'
The BJP's manifesto for UP elections promised many things. But, given the state's precarious financial position, fulfilling these promises is likely to prove tricky, says Ishan Bakshi.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Investors also appreciate the role being played by the founders; analysts, too, remain unperturbed.
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