Nifty snaps 10-day winning streak
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
The calculation excludes cross-holding of listed group cos in each other.
Markets in green tracking firm global cues.
The New Year, like 2014, will see brisk hiring. But, specialisation and strong domain skills will decide who gets hired.
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Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
The Sensex ended at at 27,676, lower by 210 points and the Nifty broke the psychological level of 8,400 to end at 83877 down 70 points.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
The Street is especially looking forward to the management commentary to get a sense of its new direction
Meanwhile, IT index continues to be the top loser down 3.8%. Financial stocks witnessed renewed buying interest at lower levels.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
New Delhi, Jun 4 (PTI) Tata Consultancy Services, the country's largest software company, may sack as many as 290 employees at its Finland office, a move that the workers say is an attempt to shift jobs to India. TCS, which has a registered office in Helsinki and has an employee strength of about 80 ...
Prime Minister Narendra Modi's visit is an attempt to move the Indo-Singapore relationship to the 'next level'. Singapore has been one of the top investors in India. India-Singapore bilateral trade has already crossed the $15 billion mark. As per the official records, Singapore has emerged as the second largest source of Foreign Direct Investment in India, says Dr Rahul Mishra.
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