The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
The Sensex opened with a positive gap of 22 points at 5,913.
Rise in crude oil price and rally in global equities aided the sentiment
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
When it comes to key hands-on management positions, India Inc is still largely run by men.
Indian IT companies have been under pressure to return excess cash on their books to shareholders through generous dividends and buybacks
The 50-share NSE Nifty gained 53.30 points or 0.61 per cent to 8,778.
Among the Sensex losers, Yes Bank tumbled 5.46 per cent, followed by Bajaj Finance 5.40, ICICI Bank 3.82 per cent, IndusInd Bank 3.10 per cent and HeromotoCorp 2.55 per cent.
Pai has direct and indirect investments in about a dozen companies.
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
'The deeper problem is big government -- a giant monster with a giant appetite, which requires it to put more and more pressure on tax officials to extort. 'And the monster is getting bigger by the day. But then, Mr Modi too knows this,' says Debashis Basu.
Trump to sign an executive order aimed at achieving a more skills-based and merit-based immigration system.
IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.
The 30-share Sensex ended down 66 points at 28,438 and the Nifty ended down 15 points at 8,633.
Financial shares were among the top gainers with HDFC leading the gains.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
'We are on a whole different level of complexities and fundamental change is happening in the industry. There is a need for organisations to design themselves to deal with such complexities.'
Investors were anxious concerned about the uncertainties over the timing of Us Federal Reserve rate hike, US policies under President Donald Trump, the upcoming French election and rising crude price that could impact inflation, going ahead. A weak closing in Asia tracking overnight losses in the US owing to all these unknowns triggered selling, brokers said.
The country would see more economic progress if the private sector was left to run business without government interference, Infosys founder N R Narayana Murthy has said at the Jaipur Literature Festival.
'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan.
The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
Former iGate CEO Phaneesh Murthy, who was sacked by the US-based IT services firm for failing to disclose his relationship with a subordinate in May this year, has slapped the company with a law suit.
The FAQ also clarified that companies, including Titan, which supplies watches and jewels through their own websites will not be considered as e-commerce operators
The contract has not only cemented the position of its chief executive officer (CEO) Abidali Neemuchwala, it has also proven the ability of the current management to successfully chase and close larger deals that are becoming scarcer in the market.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Sinha started his tenure at Sebi a bit shakily making people wonder if he'd complete his three years. Eventually, he went on to stay twice that long.
Cos can apply for PAN card number online through e-Biz portal.
Coal India was the biggest gainer on both Sensex and Nifty
Sikka said he needs to move forward and return to environment of respect, trust and empowerment, where he can take on new lofty challenges.
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
HCL's president & CEO Anant Gupta talked to Business Standard about the demand environment, its in the European market and Roshni Nadar's induction into the company's board of directors.
The broader NSE Nifty too dived by 101.65 points, or 0.97 per cent, to close at 10,350.15.
The 30-share Sensex ended down 538 points at 26,781 and 50-share Nifty ended down 152 points at 8,067.
Sentiment was largely positive after April IIP grew at 4.9 per cent, spurred by higher growth in manufacturing and mining sectors.
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Chairman of Manipal Global Education Services says that the government often forgets that its prime duty is to serve the people and not some sick public sector units.
The board meeting is likely to take place later in Shanghai.
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