Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
The index widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI Bank. In percentage terms, however, Sun Pharma was the biggest loser with 9.39 per cent drop. Intra-day, the pharma major's shares tanked over 20 per cent.
He will get annual base salary of $1.3 million apart from bonus.
We have to really focus on improving productivity: infy, COO
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
According to reports, Vodafone NZ had offered all its employees, other than call centre and retail staffers, voluntary severance package
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
India's cash-rich promoters are not the same as the wealthiest. For example, Mukesh Ambani is the richest Indian based on his stake in Reliance Industries, followed by Premji, the Adani family of the Adani group, and Radhakishan Damani of Avenue Supermarts.
Trade and economic issues, including visa, totalisation pact and impediments hampering investments, are likely to figure at Monday's US-India CEO Forum meeting, which will be jointly addressed by visiting US President Barack Obama and Prime Minister Narendra Modi.
Prime Minister Narendra Modi and industrialist Mukesh Ambani feature amongst the most searched personalities online this year, according to search engine Yahoo.
Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
When it comes to rewarding top- performing employees, many large corporates are giving out expensive gifts such as latest iPhones, Mercs, flats and jewellery
More and more the buck will stop at the board. Look no further than Infosys, says Amit Tendon.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
The top line growth for the 500 companies slowed down to 8.7 per cent.
Among Sensex components, shares of Reliance Industries, India's largest company by market value, stole the show by surging 1.61 per cent to their highest in over three months.
As many as 11 people, including members from the influential Nilekani, Bajaj and Godrej families, were honoured for their outstanding contribution towards the good of the society at Forbes India Philanthropy Awards.
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
Prime Minister Narendra Modi is set to meet top Australian business leaders, including BHP Billiton CEO Andrew Mackenzie and HSBC Bank Australia CEO Tony Cripps, at a roundtable in Melbourne next week.
On the telecom sector, he demanded auctioning of more spectrum.
HR experts believe however that times are changing and more and more companies are planning a revamp of their appraisal systems
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
When it comes to key hands-on management positions, India Inc is still largely run by men.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
Market breadth is positive with 942 advances and 196 declines.
Sikka said he needs to move forward and return to environment of respect, trust and empowerment, where he can take on new lofty challenges.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
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Business leaders met Manmohan Singh to discuss the problems facing the country.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
'Tata Steel has doubled, Tata Motors has more than doubled, and Tata Chemicals too has more than doubled.' 'So, Cyrus Mistry was getting accepted by the market for bringing in the change that was good for the group companies.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
'The only way to create more jobs is to make sure that we anticipate the skills that will be required in the future and prepare ourselves for those skills.'
Of these, three stocks belong to the automobile pack and two are from the pharma.
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
The 30-share Sensex ended down 604 points at 28,845 and the 50-share Nifty ended down 181 points at 8,757. The Bank Nifty ended down 602 points at 19,146.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
'India is the number one IT destination in the world as we have the largest number of IT professionals in the world.'
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