India must revive public sector firms.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Industry is displeased over the failure of the National Manufacturing Policy, which has failed to invite any sizeable investment since it was launched more than two years ago.
Launches of new homes reduced drastically this year.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
Real estate sector cheers reforms in the Budget.
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Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
The lowest FMCG index valuation has been around PE 27, while the highest have been above 42PE.
Hopscotch.in wants to focus on enhancing technology and mobile applications.
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
Income from renting of properties is taxed at a flat rate of 10%.
The seasons in 2012 and 2013 went by with hardly any property launches, mainly due to an economic slowdown and a need to clear the backlog
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
After two years of growth in the 4 per cent to 5 per cent range, the gross domestic product is expected to increase more robustly in 2015, growing to an expected 6.4 per cent.
Auto and realty shares were among the top Sensex gainers.
As rural demand tapers, companies are back at the drawing board, firming up plans to beat the unexpected slowdown in sales.
IT and pharma companies again save the day; mask pain in domestic consumption.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
The calculation excludes cross-holding of listed group cos in each other.
Land aggregators now want to sell to large corporations because their payment is guaranteed.
About 5.5 million users are looking for real estate online in India
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
The Long Range Surface to Air Missile jointly being developed by India and Israel is an answer to potential threats from Pakistan's anti-ship missile.
Bajaj three-wheelers outsell Chinese three-wheelers in Peru. The Pulsar is number one in its category. Nikhil Lakshman discovers in Lima that even though the Chinese are far ahead in investments in Latin America's fastest growing economy, Indian manufacturing and IT are holding its own.
India Inc is encouraged by a determined Budget.
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.
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