The top 10 valued firms added a total Rs 1,56,317.17 crore to their market valuation last week, helped by across the board rally which catapulted the benchmark index Sensex to the record 60,000 mark for the first time. During the last week, the 30-share BSE benchmark rallied 1,032.58 points or 1.74 per cent. The BSE Sensex made history on Friday by reaching the 60,000-mark for the first time ever. The market capitalisation (mcap) of Reliance Industries zoomed Rs 58,671.55 crore to reach Rs 15,74,052.03 crore. The m-cap of RIL went past Rs 16 lakh crore mark in intra-day trade on Thursday following a rally in its share price.
"Steep rise in Sensex sometimes surprises me, sometimes worries me. I don't think fundamentals of economy changes day-to-day. Sensex is driven by corpus inflow of funds," he said while speaking at Hindustan Times Leadership Summit in New Delhi..
The meeting lasted for half an hour with Khushwant taking his legendary chair by the fireplace and the President, the chair meant for the guests.
The government on Friday said the foreign direct investment norms in the retail sector would be liberalised further to ensure that investment flows into post- harvest agriculture activities.
Do you think restricting single women from entering pubs and malls will help bring down crime?
In a move aimed at checking the revenue loss stemming from Indian shoppers purchasing luxury brands abroad, the government on Friday said it could rationalise import duties."India has high tariffs and we recognise that if you go abroad and buy, then it is a revenue loss for India. So we are working on both duties and countervailing duties," Union Commerce Minister Kamal Nath said.
India's cricket board hopes to keep offensive language and rude gestures out of the Indian Premier League by having the eight team captains take a pledge to abide by the "spirit of cricket".
BCCI secretary Niranjan Shah said he will formally make the request at the ICC chief executive committee meeting in Kuala Lumpur next week.
Yuzvendra Chahal and Kuldeep Yadav have emerged as India's frontline spinners who hunt in tandem
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
As many as six merchant bankers are vying to handle and manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd (HZL), according to an official notice. ICICI Securities, SBI Capital Markets, HDFC Bank, IIFL Securities, Axis Capital and Citigroup Global Markets will make their presentations via video conferencing before the government officials on Friday, highlighting their plans in managing the offer for sale. The bankers to manage the sale process would be finalised after the presentation and opening of financial bids on August 12, as per the notice.
Indian spinner Harbhajan Singh wants the focus firmly on his bowling and not his behaviour when the home Test series against Australia starts on October 9. India will rely heavily on the 28-year-old, their second most successful Test spinner, who is nine short of taking 300 wickets, while hoping he would avoid the kind of drama that marred their previous trip Down Under.
The actor was issued a legal notice by an NGO for smoking in public during the two recent events -- the Twenty20 cricket match in Mumbai and Hindustan Times Summit in Delhi.
Despite poor governance, the BJD-BJP alliance may win an other term, since the main opposition Congress is in disarray and has no credible leaders.
Stocks ignored better-than-expected double digit industrial production figures in August to snap a three-day rally on profit-booking after Finance Minister P Chidambaram said he was "surprised and worried" by the sharp rise in stock prices.
Congress President Sonia Gandhi on Friday clearly stated that she was against early elections and ruled out any confrontation with the Left Front over the India-United States nuclear agreement. "No, we are not in favour of early elections. As the prime minister has said, the deadline is 2009. We are going to do all that we can to see that we implement our programmes till 2009," she said. Gandhi said that the govt will be working towards reaching a consensus with the Left.
Designed in-house by Orra, a jewellery house that specialises in diamonds, the IPL trophy is pure bling.
'I've worked extremely hard to create my own identity and so has he,' Deepika explained.
Democrat leader John Edwards is a a likely presidential candidate for 2008.
The Indian ace was called in to speak about 'Influencing Public Policy -The Role of the Celebrity'
Market regulator SEBI on Tuesday said it would ease norms for public offers and delisting of shares shortly, but step up market surveillance.
Abhishek Mande Bhot recalls his stint at Mumbai Mirror, the iconic Mumbai daily newpaper, which its owners, the Times of India group, decided on Saturday to convert to a weekly newspaper.
'He made me feel like a crorepati even without sitting in the hot seat.'
'The phone numbers of over 40 Indian journalists appear on a leaked list of potential targets for surveillance, and forensic tests have confirmed that some of them were successfully snooped upon by an unidentified agency using Pegasus spyware,' report Anuj Srivas and Kabir Agarwal in The Wire.
The postponement of the Tokyo Games to 2021 due to the coronavirus pandemic may have opened the door for dope-tainted Indian wrestler Narsingh Yadav to realise his dream of winning an Olympic medal. Yadav was handed a four-year doping ban just hours before his first bout at the Rio Olympics after the World Anti-Doping Agency (WADA) won its appeal against an earlier exoneration.
The prime minister also said he still has hope that the nuclear deal will not die a slow death.
Nandita Mahtani seems to have swept many a Bollywood celeb off his feet.
The actor said the new, nascent media was offering a log of jobs and the people who were being recruited did not have a good idea of what should be done. However, Khan added that a lot of the reportage also made people in politics as well as in the entertainment world more accountable. "I have used media for my gains time and again. Now, I can't complain that they are using me. We have a synergy here. We go along hand-in-hand," admitted the superstar.
Anil Ambani-controlled Adlabs and Hindustan Times' HT Music & Entertainment have bagged licences in the second phase of FM radio expansion, including Delhi and Mumbai.
He described the agreement as a "very good step forward".
If talks are progressing in the right direction, the violence will come down automatically," the Mirwaiz contended.
Mehbooba was addressing a joint press conference with Omar Abdullah and Hurriyat Conference Chief Mirwaiz Umer Farooq on the sidelines of the Hindustan Times Summit.
The Congress president rejected suggestions about any threat to the UPA coalition due to the frequent pressure from the Left on various issues and maintained that the party-led government faced 'no serious problem' so far.
The former cricketer said Gandhi would visit Pakistan 'very soon'.
The UPA government carried out six surgical strikes -- Bhattal sector in Poonch (June 19, 2008); Sharda sector, across Neelam River Valley, in Kel (August 30-September 1, 2011); Sawan Patra checkpost (January 6, 2013); Nazapir sector (July 27-28, 2013); Neelam Valley (August 6, 2013); and one on December 23, 2013, Congress spokesperson Rajeev Shukla said.
The government on Friday said it was open to reducing duties on imports of luxury products in a way which does not impact the domestic market.
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