Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
Mukesh Ambani is stringing in new partnerships within the Reliance ecosystem with the best in global business -- from Facebook, Google and Microsoft to umpteen sovereign wealth funds and a soon-to-be-declared strategic partner in a big global retailer, notes Shailesh Dobhal.
Automobile company Tata Motors, metals and mining major Vedanta, oil marketing firm Bharat Petroleum Corporation (BPCL), private sector IndusInd Bank, and two-wheeler major Bajaj Auto have witnessed their market cap slip below the Rs 1-trillion mark this year.
Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
An S-400 unit located near Delhi for protecting the capital would be able to shoot down Pakistani aircraft even before they cross the border to India, and Chinese aircraft while they were still in Tibetan or Nepalese air space.
Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Investors indulged in profit booking at attractive and higher valuations
By the end of 2020, India will lay 32,737 km across the length and breadth of the country. It needs to lay down and comply with strict safety standards especially since some of these pipes will go through areas of dense habitation, says Rashme Sehgal.
The Shiv Sena has spurned Congress' request to participate in the bandh.
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
HPCL is now ready to increase the stake of the state government up to 49 per cent.
Lower crude oil prices would impact India's inflation, CAD.
Boosted by handsome royalty from oil facilities at Barmer, the Rajasthan government has spent nearly Rs 30,000 crore on various social welfare schemes in the last four-and-a-half years. Chief Minister Ashok Gehlot tells Business Standard's Mayank Mishra that the state's better performance on various socio-economic indices is a result of that. The excerpts:
The entire selection process of the IOC chairman was shrouded in mediocrity and mystery.
Stocks and sectors impacted most by GST.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.
The broader markets also ended lower in line with the benchmark indices
Investors booked profits at higher levels with oil shares leading the decline
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
Like Nehru, Modi is loathe to touch the public sector. His policy towards Israel leans towards 'non-alignment'. You can find other similarities: frequent public speeches, personalised leadership, total control over foreign and strategic policies, even stylised dressing, says Shekhar Gupta.
Damu Nagar -- a shanty colony built around a hillock in Mumbai's northern suburb of Kandivali, abutting the Sanjay Gandhi National Park, was engulfed in an inferno Monday, December 7, that left more than 2,000 homes gutted and thousands homeless. Residents displayed exemplary courage, camaraderie and chutzpah as they grappled with ways and means to overcome their personal catastrophes when Rediff.com visited them.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
For India's upstream sector that has seen no new discovery coming into production.
India Inc did not perform well during December quarter.